Proposed U.S. budget cuts raise fears about tech innovation
President Donald Trump’s proposed FY 2026 budget slashes funding for federal agencies, including NSF and NIST, which support tech research and innovation in the U.S.
President Donald Trump’s proposed FY 2026 budget slashes funding for federal agencies, including NSF and NIST, which support tech research and innovation in the U.S.
With its Direct File program, the IRS tried to give U.S. taxpayers a free solution to a longstanding complaint: that tax prep is too expensive.
U.S. federal budget cuts have started to have some early impact on space startups after funding for such companies dropped 12.5% in the first quarter, according to investment firm Seraphim Space.
As the Trump administration moves forward with his tariff promises, hitting America’s biggest trading partners – we know for certain the impacts will be wide and felt across various industries.
During my tenure in Congress, I observed a fundamental truth about American democracy—when Americans vote for change, they vote because of their wallets. It’s that simple.
If your company works with or for the government, you may be struggling. At the very least you’re probably worried or unsure about what’s to come in the near future – or even tomorrow. If you’re a government contractor especially, you may even feel like a walking target, waiting powerlessly for the worst-case scenario to come and knock you down.
Expect plenty of changes in the world of tax under the new administration.
Even in an industry as massive, fluid and precarious as tech, AI’s rapid ascension has few parallels. Statements that were hyperbole just six months ago are now commonly accepted to the point of cliche.
Just before Inauguration Day, inflation data showed that the so-called shelter index—costs, including rent, mortgage payments, insurance, and utilities, that make up the biggest part of inflation—had risen for the 56th consecutive month.
President Trump announced new tariffs steel (25%) and aluminum (25%) in addition to what was previously imposed on Canada (25%), Mexico (25%), and China (10%).