Shumita Basu

It's up to the committees themselves to find those cuts, and it's in the specifics where things get tricky. To cut spending by the amount some Republicans want, it's very likely Medicaid, which provides health insurance primarily to low-income Americans, would be a target.

It's up to the committees themselves to find those cuts, and it's in the specifics where things get tricky. To cut spending by the amount some Republicans want, it's very likely Medicaid, which provides health insurance primarily to low-income Americans, would be a target.

It's up to the committees themselves to find those cuts, and it's in the specifics where things get tricky. To cut spending by the amount some Republicans want, it's very likely Medicaid, which provides health insurance primarily to low-income Americans, would be a target.

Earlier this week, several Republican lawmakers signed a letter raising concerns about possible cuts to Medicaid to make the budget work. Recently, President Trump told Fox News that wouldn't happen.

Earlier this week, several Republican lawmakers signed a letter raising concerns about possible cuts to Medicaid to make the budget work. Recently, President Trump told Fox News that wouldn't happen.

Earlier this week, several Republican lawmakers signed a letter raising concerns about possible cuts to Medicaid to make the budget work. Recently, President Trump told Fox News that wouldn't happen.

According to The Wall Street Journal, Speaker Johnson managed to unite all but one Republican in the House around a plan that would require significantly reducing Medicaid costs and likely won't accommodate all of Trump's desired tax cuts. Bogage told us if Republicans do go ahead and reduce Medicaid, it could be disastrous for their constituents and for their own political futures.

According to The Wall Street Journal, Speaker Johnson managed to unite all but one Republican in the House around a plan that would require significantly reducing Medicaid costs and likely won't accommodate all of Trump's desired tax cuts. Bogage told us if Republicans do go ahead and reduce Medicaid, it could be disastrous for their constituents and for their own political futures.

According to The Wall Street Journal, Speaker Johnson managed to unite all but one Republican in the House around a plan that would require significantly reducing Medicaid costs and likely won't accommodate all of Trump's desired tax cuts. Bogage told us if Republicans do go ahead and reduce Medicaid, it could be disastrous for their constituents and for their own political futures.

This is only the beginning of the budget process. Republicans are hoping to pass this agenda through a process called reconciliation, where the House and Senate have to agree on a budget. And if they do that, it would mean Democrats cannot filibuster in the Senate. Lawmakers have until March 14th to agree on a budget. Otherwise, the government faces a shutdown. Now to the state of the U.S.

This is only the beginning of the budget process. Republicans are hoping to pass this agenda through a process called reconciliation, where the House and Senate have to agree on a budget. And if they do that, it would mean Democrats cannot filibuster in the Senate. Lawmakers have until March 14th to agree on a budget. Otherwise, the government faces a shutdown. Now to the state of the U.S.

This is only the beginning of the budget process. Republicans are hoping to pass this agenda through a process called reconciliation, where the House and Senate have to agree on a budget. And if they do that, it would mean Democrats cannot filibuster in the Senate. Lawmakers have until March 14th to agree on a budget. Otherwise, the government faces a shutdown. Now to the state of the U.S.

economy. Various consumer sentiment surveys show Americans are feeling jittery. Consumer confidence fell for its third straight month in February, marking the largest monthly decline since August of 2021. The latest survey from the University of Michigan found people are worried about Trump's tariffs potentially raising prices and inflation in general.

economy. Various consumer sentiment surveys show Americans are feeling jittery. Consumer confidence fell for its third straight month in February, marking the largest monthly decline since August of 2021. The latest survey from the University of Michigan found people are worried about Trump's tariffs potentially raising prices and inflation in general.

economy. Various consumer sentiment surveys show Americans are feeling jittery. Consumer confidence fell for its third straight month in February, marking the largest monthly decline since August of 2021. The latest survey from the University of Michigan found people are worried about Trump's tariffs potentially raising prices and inflation in general.

CNN reports that this is a dramatic reversal from the brief burst of optimism in the economic mood after President Trump's election in November. You might remember when he won, a number of experts and polls indicated that anger over inflation played a huge role.

CNN reports that this is a dramatic reversal from the brief burst of optimism in the economic mood after President Trump's election in November. You might remember when he won, a number of experts and polls indicated that anger over inflation played a huge role.

CNN reports that this is a dramatic reversal from the brief burst of optimism in the economic mood after President Trump's election in November. You might remember when he won, a number of experts and polls indicated that anger over inflation played a huge role.

Greg Ip is the chief economics commentator for The Wall Street Journal.

Greg Ip is the chief economics commentator for The Wall Street Journal.