Trump

The White House wants to bump up defense spending and reduce the budgets of some other federal agencies. One agency in the crosshairs is the State Department. It wields something known as soft power — diplomacy and foreign aid. So what happens when you slash spending on soft power?  Click the audio player above to […]

What's on the Pentagon's wish list?

President Donald Trump’s administration promises a very different trade approach than its predecessors. Trump and his team have criticized trade deals involving multiple countries, preferring to work with countries one-on-one. It appears multilateral deals are out and bilateral deals are in. Click the audio player above to hear the full story.

In his speech to a joint session of Congress tomorrow night, President Donald Trump will outline his approach to budgeting: a big boost to defense spending and no cuts to entitlements like Medicaid or Social Security. That means reductions for domestic programs. But Trump’s budget proposal really changes very little about the nation’s federal spending […]

Treasury Secretary Steven Mnuchin said the Trump administration will have a proposed tax plan completed by August. Based on campaign promises, its broad outlines will include a substantial cut to corporate taxes and perhaps reductions in individual taxes. Whatever the details, the plan will almost certainly blow up the federal deficit, and that has big […]