House Dem Whip Clark Dodges on Need to Lower Spending to Lower Rates

On Friday’s broadcast of CNBC’s “Squawk Box,” House Minority Whip Rep. Katherine Clark (D-MA) responded to a question on addressing affordability when the big issues are gas prices and interest rates, the latter of which will likely require decreasing government

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White House's 2027 Budget Would Up Defense Spending, Slash $73 Billion in Nondefense Spending

The White House on Friday released President Donald Trump's 2027 budget proposal, which would cut $73 billion from nondefense spending compared to 2026, while increasing the defense budget by $445 billion.

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