Tariffs, spending, taxes, rescissions and economic consequences of administration policy.
The federal deficit for fiscal year 2026, which ended Sept. 30, reached roughly $1.99 trillion, Treasury Department data released Oct. 16 show -- a 12% increase over fiscal 2025 and the third-highest deficit on record...
New York counties face an estimated $170 million in new annual costs to administer SNAP after a provision of the One Big Beautiful Bill Act took effect October 1, 2026, cutting the federal share of SNAP administrative...
The U.S. Court of International Trade certified a nationwide class action on October 8, 2026, covering importers that paid tariffs under the International Emergency Economic Powers Act between February 1, 2025 and...
In two decisions issued Oct. 7, 2026, the Government Accountability Office concluded the Trump administration violated the Impoundment Control Act of 1974 by withholding appropriated funds without notifying Congress. At...
Federal Reserve Bank of New York economists found, in an Oct. 6, 2026, research post, that Trump's tariffs added 2.9 percentage points to consumer goods price inflation by February 2026, and that goods prices would...
President Trump announced October 2, 2026, that the government will send a one-time $90 payment to more than 20 million Medicare enrollees this month, funded through the Medicare Improvement Fund, a pool Congress created...
Trump announced on September 30, 2026, that South Korea would invest roughly $200 billion in U.S. projects, including $54 billion toward an Alaska LNG pipeline, as part of the tariff agreement reached with Seoul. South...
The U.S. Court of International Trade heard arguments on September 30, 2026, in a consolidated challenge to tariffs the Trump administration imposed under Section 301 of the Trade Act of 1974 on goods from roughly 60...
A U.S. ban on nearly $1 billion worth of Canadian imports took effect at 12:01 a.m. on September 29, 2026, covering alcoholic beverages, dairy byproducts like whey, and motorcycles including Bombardier Recreational...
Trump, Iowa Gov. Kim Reynolds and Mesabi Metallics chairman Rewant Ruia announced a planned $15 billion steel mill in Lee County at the White House on September 28, 2026, promising 1,750 jobs by 2030. Commerce Secretary...