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IRS Budget Axed: $2.8 Billion Cut Sparks Partisan Clash
Wednesday, July 23, 2025 - 12:11pm | 462A House Appropriations subcommittee has passed legislation that would allocate $9.5 billion to the IRS for fiscal year 2026, marking a decrease of more than 20% compared to the agency's current $12.3 billion funding. The measure, approved by a 9-6 party-line vote in the Financial Services and...
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Elon Musk Accused Of Bullying Republicans To Scrap US-China Investment Safeguards To Protect Tesla's Interests
Sunday, December 22, 2024 - 12:40am | 682Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has been accused by Rosa DeLauro of pressuring Republicans to abandon key U.S.-China investment restrictions to safeguard the EV giant's business interests in China. What Happened: In a letter on Friday, DeLauro, the top Democrat on the House Appropriations...
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Abbott Spent $5B On Stock Buybacks Instead Of Fixing Its Baby Formula Factory
Monday, May 16, 2022 - 5:39pm | 563The fear of not knowing where your child’s next meal comes from is something that no parent should face. But, because of a recall of Abbott Laboratories’ (NYSE: ABT) Similac and other popular baby formula brands, stores throughout the nation are limiting how much formula parents can buy...