The Latest Breaking News from Susan Collins

Some officials want a July cut to protect the labor market, while others want to wait because they anticipate more inflation coming.

The U.S. Senate and the House of Representatives approved by narrow margins on July 17 and 18, 2025, a law that claws back federal funding for the Corporation for Public Broadcasting. Once President Donald Trump signs it into law, the US$9 billion rescissions package will withdraw $1.1 billion Congress had…

Senate GOP appropriators to bring a package of spending bills to the floor before the August recess, Chair Susan Collins said Thursday.

Senate sends $9 billion rescissions package to the House - Senate

The move to save PEPFAR funding may prove useful in rallying GOP support from powerful lawmakers like Senate Appropriations chair Susan Collins, an outspoken critic of Trump’s proposed cuts.

The president is pushing for cuts in spending that Congress needs to approve to take effect – but what exactly are they?

Senators began voting Wednesday on amendments to a large foreign aid and public broadcasting rescissions package.

The second quarter brought more big fundraising hauls for House Republicans and millions more for the most vulnerable Senate Democrat.

September S&P 500 E-Mini futures (ESU25) are trending down -0.09% this morning as investors digest the latest tariff headlines, while also awaiting crucial U.S. producer inflation data, quarterly reports from more big banks, and remarks from Federal Reserve officials.

Senators Susan Collins, Lisa Murkowski, and Mitch McConnell criticized the White House for a lack of transparency surrounding the proposed cuts

Senate Republicans voted to progress President Donald Trump's request to cancel $9 billion in previously approved spending on Tuesday, despite concerns.