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Soft power delivers big returns, but Trump is slashing it anyway

What may look like savings through layoffs and grant rescissions will in fact cost billions in lost trade, weakened alliances, and diminished global...

Linda J. Bilmes

What is reconciliation − the legislative shortcut Republicans are using to push through their ‘Big Beautiful Bill’?

By using reconciliation, which was originally intended to rein in deficits, Republicans can pass the bill with a simple majority vote. But analysts...

25.06.2025 10

Linda J. Bilmes

Elon Musk is right: Let’s ditch the penny

Eliminating the penny is more than a practical cost-saving measure. It’s a test of our willingness to confront outdated spending.

Linda J. Bilmes

Commerce oversees everything from weather and salmon to trade and census − here are 3 challenges awaiting new secretary

The commerce secretary manages a sprawling organization including trade, fisheries, weather forecasting and cutting-edge AI research.

Linda J. Bilmes