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Spending fight shows limits of Trump's power to change fiscal path

Business Standard LogoBusiness Standard15h ago

Spending fight shows limits of Trump's power to change fiscal path - Business Standard

Quick Summary:

Trump has pledged not to cut entitlement programs and Republicans are loath to slash military spending.

That would far surpass the $2.5 trillion of spending cuts that House Republicans pledged during the latest spending fight to enact early next year.

Less than two weeks later, they helped topple a 1,500-page spending bill and brought the federal government to the brink of a shutdown over objections to the billions of dollars of so-called pork spending in the legislation.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-25 @ 22:51:05 (15 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 854 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24662940

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 194 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Spending fight shows limits of Trump's power to change fiscal path" was covered 15 hours ago by Business Standard, a news publisher based in India.

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Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.

The outlet is headquartered in India and publishes an average of 194 news stories per day.

It's most recent story was published 2 hours ago.

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  • News ID: #24662940
  • URL: https://beamstart.com/news/spending-fight-shows-limits-of-17351485871114

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