Sen. Eric Schmitt (R-MO) considers the weeks of vote-wrangling as the GOP’s test of “political will” for spending cuts in Trump’s second term.

House Republicans late Thursday night approved the first batch of cuts made by the Department of Government Efficiency (DOGE), sending the $9 billion package to President Trump’s desk in a big

A group of 15 fiscal conservatives in the House sent a letter to Senate Majority Leader John Thune, R-S.D., on Tuesday warning that “weakening” the cuts would “undermine both his leadership and the discipline our budget urgently demands.” Instead, the group urged the Senate to pass the rescissions package as-is.

House faces a Friday deadline to approve $9 billion in cuts to foreign aid and public broadcasting. ©2025 FOX News Network, LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. All market data delayed 20 minutes.

Forty percent of business leaders believed the economy would grow over the next six months, with 26% expecting it to remain stable.

Here’s what else you need to know to get up to speed and on with your day. 1️⃣ DOGE cuts. In a 51 to 48 overnight vote, the Senate passed the spending cuts that were propose

Fox News senior congressional correspondent Chad Pergram reports on DOGE cuts, President Donald Trump’s spending cuts bill and the possible release of Epstein files on ‘Special Report’.