The IRS faces a potential $20 billion funding loss due to complex legislative issues, which could hinder audits, tax collection, and increase the national deficit by $140 billion.
Tags: Donald Trump
Beef Shortage Worsens as US Herds Hit Lowest Levels Since 1961 Following Trump's Upcoming Policies
Trump's agricultural policies can't fix the US beef industry's crisis caused by a shortage of cattle, rising costs, and worsening environmental conditions, with no recovery expected until 2027.
Smaller Defense Tech Firms Eye Growth From Trump and Musk's DOGE Initiative
Trump's DOGE, led by Elon Musk, aims to streamline federal spending, modernize defense, and open opportunities for smaller tech firms in AI and autonomous systems.
Bitcoin Surpasses $100,000, Leading to Record Highs in Global Markets
Bitcoin breaks $100,000, driven by regulatory hopes and institutional support, while global stocks hit record highs and commodities show mixed trends.
Trump's Tariff Threats Could Hurt Iconic Mexican Exports Like Avocados and Tequila in the US
Donald Trump's proposed tariff on Mexican goods, including avocados and tequila, could increase prices, reduce demand in the US, and harm both Mexican farmers and US consumers.
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Trump plans a 10% tariff on Chinese goods and a 25% tariff on Mexico and Canada, citing illegal drug trade concerns, risking a trade war and impacting global markets.
Trump's proposed energy plan seeks to boost US drilling, expand gas exports, and roll back climate policies, raising concerns about environmental and regulatory impacts.
Bitcoin nears $100,000 as investors embrace optimism under Trump's presidency, driving record-breaking growth and renewed cryptocurrency interest.
Trump's victory initially boosted US stocks, but concerns about inflation, rising bond yields, and policy uncertainties have dampened enthusiasm, causing the S&P 500 to drop 2%.
After dropping out of the presidential race, RFK Jr. vows to overhaul the FDA as Trump's Health Secretary, challenging Big Pharma's influence on public health policies.
Trump's win leads to gold price decline, pushing it to nearly two-month lows amid a stronger dollar and investor shift to equities and cryptocurrencies.
Trump's economic policies could push mortgage rates to 6.79%, making homeownership less affordable for many.
Dogecoin surged 20% after Trump announced a new "Department of Government Efficiency," led by Elon Musk.
Bitcoin surged to a record $82,000 as Trump's pro-crypto stance fueled investor confidence in a favorable regulatory environment.
