All posts tagged "Punchbowl News"

Samantha Handler with Punchbowl News live-tweeted as the Senate Appropriations Committee "plunged into chaos" Thursday over budget markups on the Commerce, Justice, Science bill that includes funding for NASA and the new FBI headquarters.

In an article on the debacle, Handler, John Bresnahan, and Laura Weiss wrote, "The Senate Appropriations Committee often passes each of its 12 annual spending bills on a bipartisan basis. This is what makes the Senate the Senate — and not the House.

"Yet the Senate Appropriations panel has its first FY2026 markup this morning, and senators still don’t have a deal on what they want to spend this year. There’s also no sense that they’ll be able to reach one."...

Amazon stocks fell by 2% Tuesday after White House Press Secretary Karoline Leavitt slammed the retail giant for a "hostile and political act" over President Donald Trump's tariffs, according to Forbes.

Two percent of Amazon's $1.97 trillion USD market capitalization comes out to a loss of $3.9 billion.

The White House was responding to a Punchbowl News report "citing an unnamed source with knowledge of the plan...to show how much of a good’s cost on the site comes from tariffs," Forbes reported. ...

Secretary of State Marco Rubio announced he's making sweeping cuts at the State Department just days after claiming a "Trump draft order" for the cuts were a “hoax” and “fake news.”

Rubio posted to X Tuesday, "Today is the day. Under @POTUS’ leadership and at my direction, we are reversing decades of bloat and bureaucracy at the State Department. These sweeping changes will empower our talented diplomats to put America and Americans first."

Rubio's post included a reference to the programs that would be cut but didn't give specifics. ...