Bo Erickson

5 days ago | finance.yahoo.com | Susan Heavey |Bo Erickson |Jeff Mason

By Susan Heavey, Bo Erickson and Jeff Mason WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday he was "OK" with raising taxes on the wealthiest Americans, as his fellow Republicans consider scaling back the scope of the ambitious tax-cut package they aim to pass this year. "Republicans should probably not do it, but I'm OK if they do!!!" Trump wrote in a post on his social media platform. Speaking to reporters later at the White House, Trump gave a stronger endorsement.

5 days ago | sg.finance.yahoo.com | Susan Heavey |Bo Erickson |Jeff Mason

Susan Heavey, Bo Erickson and Jeff Mason Fri, 9 May 2025 at 8:00 am GMT-4 3 min read By Susan Heavey, Bo Erickson and Jeff Mason WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday he was "OK" with raising taxes on the wealthiest Americans, as his fellow Republicans consider scaling back the scope of the ambitious tax-cut package they aim to pass this year. "Republicans should probably not do it, but I'm OK if they do!!!" Trump wrote in a post on his social media platform.

5 days ago | gazette.com | Susan Heavey |Bo Erickson

By Susan Heavey and Bo EricksonWASHINGTON (Reuters) -U.S. President Donald Trump said on Friday he was "OK" with raising taxes on the wealthiest Americans, as his fellow Republicans consider scaling back the scope of the ambitious tax-cut package they aim to pass this year. "Republicans should probably not do it, but I'm OK if they do!!!" Trump wrote in a post on his social media platform. The Senate's top Republican, John Thune, said he was not enthusiastic about that idea.

1 week ago | ksl.com | Andrea Shalal |James Oliphant |Bo Erickson

WASHINGTON — President Donald Trump's administration on Friday proposed a $163 billion cut to the federal budget that would sharply reduce spending on education, housing and medical research next year, while increasing outlays for defense and border security. The administration said the proposed budget would raise homeland security spending by nearly 65% from 2025 enacted levels, as Trump cracks down on illegal immigration.

1 week ago | thestar.com.my | Andrea Shalal |James Oliphant |Bo Erickson

WASHINGTON (Reuters) - U.S. President Donald Trump's administration on Friday proposed a $163 billion cut to federal spending next year, which would eliminate more than a fifth of the non-military spending excluding mandatory benefit programs. The proposed budget would raise defense spending by 13% and homeland security spending by nearly 65% from 2025 enacted levels.