Patrick Maguire

2 weeks ago | cbsnews.com | Patrick Maguire

White House National Economic Council director Kevin Hassett said Sunday the Trump administration is not targeting Medicare in its sweeping budget proposal, but signaled the administration would be open to changes if senators uncover fraud or abuse as they look at the bill.

3 weeks ago | thetimes.com | Patrick Maguire |Max Kendix

Two thirds of Labour MPs are opposed to the chancellor’s fiscal rules, and one in five favour tax rises over spending cuts, according to new polling. In a sign of significant discontent on the government benches before next week’s spending review, research suggests a clear majority of Sir Keir Starmer’s backbenchers favour a drastic reset of the government’s economic policy.

3 weeks ago | cbsnews.com | Patrick Maguire

Treasury Secretary Scott Bessent on Sunday defended the Trump administration's escalating tariff policies, saying that while some companies have already announced price hikes, he thinks others will  choose not to.

3 weeks ago | flipboard.com | Patrick Maguire

NowNew York CNN — For some small businesses, the last week brought even more twists and turns to the past two months of President Donald Trump’s chaotic tariffs. The situation was already confusing, with stops and starts of tariffs at different levels. Then on Wednesday, a US court said Trump …

4 weeks ago | thetimes.com | Patrick Maguire

It was the unedifying sight of Rachel Reeves struggling to book an open return to Leeds on her own laptop that convinced Gary Lubner that the Labour Party could do with his money. In late 2021, when this understated South African was still chief executive of Belron, the firm that repairs windscreens the world over, he fell into conversation with Sir Keir Starmer’s shadow chancellor at a dinner for business leaders. Back then Labour were miles behind in the polls but Lubner liked what he heard.