New Mexico lawmakers are to open a special session Wednesday to boost funding for food assistance and rural health care — actions the Democratic governor contends are needed to “minimize the damage from President Trump’s disastrous bill” cutting federal taxes and spending. The special session follows one in Colorado, where the Democratic governor asserted Trump’s…
By Angeliki Koutantou and Renee Maltezou ATHENS (Reuters) -Greek Prime Minister Kyriakos Mitsotakis ruled out a snap election on Sunday and said that a string of tax cuts planned for 2026 were aimed at boosting a tumbling birth rate and stemming a protracted cost of living crisis. Mitsotakis, who was re-elected in 2023 but whose…
Days after the bonhomie between Prime Minister Narendra Modi, Chinese President Xi Jinping and Russian President Vladimir Putin at the Shanghai Cooperation Organisation (SCO) summit in Tianjin, President Donald Trump said on Friday it looks like the US has lost India and Russia to “darkest” China. “Looks like we have lost India and Russia to…
By Nikunj Ohri NEW DELHI (Reuters) -Prime Minister Narendra Modi has proposed India’s biggest tax reform in eight years to lower consumption levies on everyday goods and small cars from October, in a move seen as boosting his his image amid trade tension with Washington. The structure of the Goods and Services Tax (GST) is…
By Helen Coster and James Oliphant NEW YORK (Reuters) -Residents of Columbus, Indiana awoke last week to a yellow billboard purchased by the Democratic National Committee blaring: “Under Trump’s Watch, Columbus Regional Health is Cutting Medical Services.” Meanwhile, the National Republican Congressional Committee, which oversees races for the U.S. House of Representatives, this month launched…
By David Morgan, Bo Erickson and Davide Barbuscia WASHINGTON (Reuters) -As President Donald Trump’s Republicans push ahead on a sweeping tax-cut and spending bill that nonpartisan analysts say could add $3.3 trillion to the nation’s debt over the next decade, they’re taking a new approach – denying there is anything to worry about. Instead, they…
By Andy Sullivan WASHINGTON (Reuters) -U.S. President Donald Trump‘s sweeping tax-cut legislation would effectively transfer wealth from younger Americans to older generations, nonpartisan analysts say. Though the bill contains tax breaks for parents, newborns, private-school students and other younger Americans, those benefits would be outweighed by the trillions of dollars it would add to the…