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Trump wants to add nearly $7 trillion to the $39 trillion national debt with his new military budget, watchdog warns

Trump’s proposal would be “by far the largest year-over-year increase in defense spending in the post-WWII era,” the CRFB said.

By Nick LichtenbergApril 2, 2026
paul krugman
Paul Krugman smacks down Trump speech with argument that $4 gas is ‘less than half’ of the Hormuz hit. Here’s what he’s talking about
By Jake AngeloApril 2, 2026
messi
Apollo and FC Barcelona just proved legacy markets are losing their grip on business
By Mike SimasApril 2, 2026
Traders signal offers in the S&P options trading pit at the Cboe Global Markets exchange on March 31, 2026 in Chicago, Illinois.
Markets rally hard on Iran’s promise to play nice in Hormuz as its leaders pocket billions from the disruption
By Eva RoytburgApril 2, 2026
Image showing multiple computer screens with code.
Mercor, a $10 billion AI startup that works with companies including OpenAI and Anthropic, confirms major data breach
By Beatrice NolanApril 2, 2026
Trump at podium with bondi watching
Trump ousts Pam Bondi as attorney general
By The Associated Press, Alanna Durkin Richer, Eric Tucker, Michael Balsamo and Michelle L. PriceApril 2, 2026
Latest Stories
With an IPO on the horizon, OpenAI needs to own the narrative. Solution? Buy a tech talk show
NewslettersWith an IPO on the horizon, OpenAI needs to own the narrative. Solution? Buy a tech talk show
By Alexei OreskovicApril 3, 2026
electrical engineer
NewslettersLeaders push for a ‘Manhattan Project’ and public-private solutions around AI and labor
By Diane BradyApril 3, 2026
Today’s top high-yield savings rates: Up to 5.00% on April 3, 2026
Personal FinanceToday’s top high-yield savings rates: Up to 5.00% on April 3, 2026
By Glen Luke FlanaganApril 3, 2026
Top CD rates today, April 3, 2026: Lock in up to up to 4.20%
Personal FinanceTop CD rates today, April 3, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganApril 3, 2026
Photo of Sundar Pichai
InnovationGoogle CEO Sundar Pichai says we’re just a decade away from a new normal of extraterrestrial data centers
By Sasha RogelbergApril 3, 2026
Businesswoman reading a book on private jet while drinking champagne
SuccessThe world’s wealthiest families adopt these 7 key habits for success, according to JPMorgan
By Preston ForeApril 3, 2026
What it takes to retire comfortably in America: Nearly $1.5 million, Northwestern Mutual says
Personal FinanceWhat it takes to retire comfortably in America: Nearly $1.5 million, Northwestern Mutual says
By Sydney LakeApril 3, 2026
Cyprus and Ireland top list of best places to retire—as boomers are forced to ‘unretire’, the only real solution is to move abroad
SuccessCyprus and Ireland top list of best places to retire—as boomers are forced to ‘unretire’, the only real solution is to move abroad
By Orianna Rosa RoyleApril 3, 2026
More PoliticsPage 94 of 100
Trump waves from his box at the Kennedy Center
PoliticsTrump will watch ‘Les Misérables,’ a musical about inequality and rebellion, at the Kennedy Center as strikingly similar events play out in Los Angeles
By Darlene Superville and The Associated PressJune 11, 2025
  • Senate Majority Leader John Thune, flanked by Sen. John Barrasso, speaks with reporters at a lectern after meeting with President Donald Trump at the White House on June 4.
    PoliticsRepublican senators want to make changes to Trump’s ‘Big, Beautiful Bill’. Here are the competing groups
    By Mary Clare Jalonick and The Associated PressJune 9, 2025
Khaby Lame smiles at a movie premiere
LifestyleKhaby Lame, the 25-year-old with more TikTok followers than anyone else in the world, is leaving the U.S. after being detained by ICE
By Rio Yamat and The Associated PressJune 11, 2025
Elon Musk’s apology to Donald Trump is making investors happier than the U.S.-China trade framework is
FinanceElon Musk’s apology to Donald Trump is making investors happier than the U.S.-China trade framework is
By Ian MountJune 11, 2025
Los Angeles protests over immigration raids spread across the U.S. with ‘No Kings’ events planned to coincide with Trump’s military parade
PoliticsLos Angeles protests over immigration raids spread across the U.S. with ‘No Kings’ events planned to coincide with Trump’s military parade
By Jim Vertuno and The Associated PressJune 11, 2025
President Donald Trump shakes hands with Securities and Exchange Commission Chairman Paul Atkins during Atkins' swearing-in ceremony in the Oval Office at the White House on April 22, 2025 in Washington, DC.
FinanceTrump’s SEC will buoy ‘aggressive innovation,’ Webull president says: ‘Boundaries are going to be tested’
By Greg McKennaJune 11, 2025
Elon Musk, during a news conference with President Donald Trump on May 30, 2025 inside the Oval Office at the White House in Washington.
PoliticsElon Musk offers rare mea culpa over Trump tweets: ‘They went too far’ 
By Eleanor PringleJune 11, 2025
  • JD Vance says the ‘blood feud’ between Trump and Musk is ‘not going to be good for Elon’ but admits he ‘suffered a lot’ for the White House 
    PoliticsJD Vance says the ‘blood feud’ between Trump and Musk is ‘not going to be good for Elon’ but admits he ‘suffered a lot’ for the White House 
    By Eleanor PringleJune 9, 2025
Trump administration can keep collecting its tariffs while legal challenges continue, federal appeals court rules
EconomyTrump administration can keep collecting its tariffs while legal challenges continue, federal appeals court rules
By Paul Wiseman and The Associated PressJune 11, 2025
U.S. and China agree on framework to resolve trade dispute after 2 days of London talks about rare earth metals and tech export controls
PoliticsU.S. and China agree on framework to resolve trade dispute after 2 days of London talks about rare earth metals and tech export controls
By Jill Lawless, Ken Moritsugu and The Associated PressJune 11, 2025
President Donald Trump speaks during an "Invest in America" roundtable with business leaders at the White House, Monday, June 9, 2025, in Washington.
EconomyTrump’s tax bill backfire: Foreign companies could avoid U.S. investment over steep hikes
By Josh Boak and The Associated PressJune 10, 2025
U.S. National Guard direct Tuesday, June 10, 2025, in Los Angeles.
North AmericaTrump deployment of 4,000 National Guard members and 700 Marines to LA will cost taxpayers $134 million
By Jake Offenhartz and The Associated PressJune 10, 2025
Howard Dean: Slashing public health funding is a national security disaster in the making
CommentaryHoward Dean: Slashing public health funding is a national security disaster in the making
By Howard DeanJune 10, 2025
  • Los Angeles tensions escalate as thousands take to the street to protest Trump’s National Guard deployment
    PoliticsLos Angeles tensions escalate as thousands take to the street to protest Trump’s National Guard deployment
    By Jason Dearen, Jaimie Ding, Jake Offenhartz and The Associated PressJune 9, 2025
Jerome Powell surrounded by darkness
PoliticsForget about the Fed’s dual mandate—this investment advisor says they’ve added a third mandate, and won’t be cutting rates anytime soon
By Irina IvanovaJune 10, 2025
Trump’s ‘Liberation Day’ led to a tidal wave of stock trades from members of Congress
FinanceTrump’s ‘Liberation Day’ led to a tidal wave of stock trades from members of Congress
By Chris MorrisJune 10, 2025
The ICE arrest of a union leader is firing up labor organizations across the country and pulling them into a fight with Donald Trump over immigration
LeadershipThe ICE arrest of a union leader is firing up labor organizations across the country and pulling them into a fight with Donald Trump over immigration
By Azure Gilman and Sara BraunJune 10, 2025
Commerce Secretary Lutnick says talks ‘going well’ as China and the U.S. head in to second day of tense trade negotiations
PoliticsCommerce Secretary Lutnick says talks ‘going well’ as China and the U.S. head in to second day of tense trade negotiations
By Jill Lawless and The Associated PressJune 10, 2025
Elon Musk
TechElon Musk’s Starlink was installed on the White House roof—Dems say it may ‘undermine national security’ by exposing sensitive data to hackers
By Beatrice NolanJune 10, 2025
Top investor Cathie Wood says Elon Musk’s feud with Trump shows just how much Musk’s companies rely on the government
TechTop investor Cathie Wood says Elon Musk’s feud with Trump shows just how much Musk’s companies rely on the government
By Marco Quiroz-GutierrezJune 10, 2025
S President Donald Trump in the Oval Office of the White House, in Washington, DC, on May 5, 2025 and Elon Musk in the Oval Office of the White House in Washington, DC, on May 30, 2025.
PoliticsTrump and Musk might already be making up over Los Angeles protests
By Eleanor PringleJune 10, 2025
Hundreds of NIH scientists pen letter criticizing Trump’s deep cuts to public health research
HealthHundreds of NIH scientists pen letter criticizing Trump’s deep cuts to public health research
By Calvin Woodward, Nathan Ellgren and The Associated PressJune 10, 2025
Elon Musk, wearing a DOGE hat and standing in the Oval Office, looks down and chews his lip.
PoliticsTesla could lose billions in revenue as Trump administration weighs eliminating a key regulatory credit loophole
By Sasha RogelbergJune 10, 2025
RFK Jr. tosses all 17 members of CDC’s vaccine advisory committee
HealthRFK Jr. tosses all 17 members of CDC’s vaccine advisory committee
By Laura Ungar, Amanda Seitz and The Associated PressJune 10, 2025
Commuters wait at a bus stop where there is a National Debt Clock billboard-sized running total display that shows the United States gross national debt as $105,866 per person in Washington, DC, on December 30, 2024.
FinanceGovernment borrowing binge could crowd out mortgages and business investment
By Greg McKennaJune 10, 2025
Trump is sending another 2,000 National Guard troops to Los Angeles
PoliticsTrump is sending another 2,000 National Guard troops to Los Angeles
By Lolita C. Baldor, Tara Copp, Jason Dearen, Tim Sullivan and The Associated PressJune 10, 2025
Bill Ackman smiles and raises his right hand as he speaks in front of a microphone.
FinanceFannie and Freddie could make hedge funds a huge payday if they go public. One expert wants a ‘utility model’ for the Fortune 500 giants
By Greg McKennaJune 10, 2025
Trump wants $1,000 investment accounts to help newborn Americans get a ‘big jump on life.’ Critics say poor families have more immediate needs
PoliticsTrump wants $1,000 investment accounts to help newborn Americans get a ‘big jump on life.’ Critics say poor families have more immediate needs
By Moriah Balingit and The Associated PressJune 9, 2025
700 Marines will be deployed to LA to help the National Guard respond to protests as California sues Trump over troops
Politics700 Marines will be deployed to LA to help the National Guard respond to protests as California sues Trump over troops
By Lolita C. Baldor, Tara Copp, Jason Dearen, Tim Sullivan and The Associated PressJune 9, 2025
At least 6 Waymo autonomous vehicles have been vandalized amid anti-ICE protests in Los Angeles
TechAt least 6 Waymo autonomous vehicles have been vandalized amid anti-ICE protests in Los Angeles
By Jessica MathewsJune 9, 2025
Damage Elon Musk faces from his Trump feud is just getting started
CommentaryDamage Elon Musk faces from his Trump feud is just getting started
By Jeffrey Sonnenfeld and Steven TianJune 9, 2025
The U.S. government is offering a $10 million reward for information that leads to the capture of El Chapo’s fugitive sons
PoliticsThe U.S. government is offering a $10 million reward for information that leads to the capture of El Chapo’s fugitive sons
By Fatima Hussein and The Associated PressJune 9, 2025
Trump’s memo activating the National Guard doesn’t specify L.A. It could apply anywhere and preemptively, legal expert says
PoliticsTrump’s memo activating the National Guard doesn’t specify L.A. It could apply anywhere and preemptively, legal expert says
By Jason MaJune 9, 2025
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