Deficits to exceed $12 trillion through 2029: CBO

The federal government will rack up $12.2 trillion in deficits through 2029, according to a new projection from the nonpartisan Congressional Budget Office (CBO), an $809 billion increase from its last projection in May.

Mexico and U.S. reach deal to end tomato tariff dispute

Mexican tomato producers struck a last-minute agreement with the Trump administration to avert an anti-dumping investigation and end a tariff dispute that has rumbled on for months, government officials said on Wednesday.

U.K., EU only harden their positions on Brexit as G-7 nears

The European Union and Britain, which are hurtling toward a costly, damaging no-deal split in a little over two months, kicked off a high-wire week of diplomacy Tuesday by entrenching themselves deeper in their irreconcilable positions.

Trump looking at possible tax cuts amid economic jitters

President Donald Trump said on Tuesday his administration was considering potential tax cuts on wages as well as profits from asset sales, and sought to play down market anxieties that the world’s top economy could be heading for a recession.

Planned Parenthood drops out of Title X

Planned Parenthood will be forgoing as much as $60 million annually from a federal family planning program that will carry new anti-abortion rules.

U.S. Peace Envoy Heads To Qatar, Afghanistan For New Talks

U.S. peace envoy Zalmay Khalilzad is heading to Qatar to resume talks with Taliban negotiators and to Kabul to meet with Afghan leaders, amid reports indicating a deal could be close to end the near 18-year war in Afghanistan.

Islamic State, Al-Qaeda Hunker Down to Rebuild in Weaker Nations

Islamic State has been battered in Iraq and Syria and declared defeated by President Donald Trump. But the terrorist group and its predecessor, al-Qaeda, are finding ample room to rebuild in other places with weak central governments, officials and analysts warn.

Kentucky denies Planned Parenthood abortion license, says it broke law

The administration of Gov. Matt Bevin has refused to issue a license to Planned Parenthood to perform abortions at its Louisville clinic, claiming the reproductive health organization violated state law by temporarily providing abortions without a license almost four years ago.

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