Trump temporarily expands use of red-dyed diesel. Will it lower costs?
Experts say the new executive order will have a limited impact on farmers and truckers who rely on diesel.
Watch CBS News
Experts say the new executive order will have a limited impact on farmers and truckers who rely on diesel.
The Government Accountability Office reports that Immigration and Customs Enforcement wasted millions of taxpayer dollars in a rush to expand its detention capacity. CBS News data journalist Julia Ingram has the details.
Since reopening in 2011, the 9/11 Victim Compensation Fund has awarded more than $18 billion to those impacted by the attacks. Its special master, Allison Turkel, joins "The Takeout" to discuss the program's work 25 years after the attacks.
The adjustment could provide financial relief for taxpayers who find that more of their income is taxed at lower rates, a Bloomberg analysis suggests.
IRS audits collected $3.5 billion less in fiscal 2025 as the agency shed thousands of auditors and other agency staffers.
$10 million from a Medicaid settlement found its way into a charity tied to the wife of Florida Gov. Ron DeSantis. Despite what a grand jury called a clear misappropriation of funds, no criminal charges are being filed. CBS News Miami investigative reporter Jim DeFede has the details.
Democratic Rep. Ro Khanna of California is beginning what he's calling the "New Economic Patriotism" tour Tuesday in his birthplace of Pennsylvania. Khanna joins "The Takeout" to discuss this and more.
Industry insiders say "there is no legal basis" for Trump to impose a 20% fee on cargo transiting the Strait of Hormuz, something he now says he's decided not to do.
A federal court ruling enabled some taxpayers to seek refunds tied to COVID-era filing deadlines. But that window expires July 10 — here's what to know.
New federal data shows that Affordable Care Act enrollments are down by nearly 3 million people. Premiums jumped at the start of 2026 after Congress let COVID-era federal subsidies expire. CBS News medical correspondent Dr. Céline Gounder joins with analysis.
A year after President Trump signed the sweeping tax and spending package, its effects on households, businesses and federal programs are increasingly evident.
President Trump on Monday launched a program offering tax-deferred investment accounts for children under 18. The Trump Accounts were created under the president's massive tax and spending law, which Congress passed last year. CBS News MoneyWatch reporter Megan Cerullo has more.
President Trump's recent financial disclosure showed he made $1.4 billion off his cryptocurrency ventures in 2025. Shehan Chandrasekera, CPA and head of tax strategy at CoinTracker, joins with analysis.
President Trump's financial disclosure is raising many questions. For some, these include ethical concerns about whether he is profiting from the presidency. It's also highlighting another mystery: how much is he paying in taxes? CBS News senior White House correspondent Weijia Jiang has more.
President Trump made $1.4 billion through his crypto ventures in 2025, according to a new financial disclosure. CBS News senior White House correspondent Weijia Jiang has reporting on the potential tax payments the president may have to make based on those profits.
The White House declined to say how much President Trump paid in taxes on his crypto windfall.
As a proposed billionaire tax in California moves forward, Gov. Newsom says other approaches are needed, including closing a tax loophole used by the ultra-rich.
As California Gov. Gavin Newsom eyes a 2028 presidential bid, he's calling for a national tax on billionaires and a public stake in AI, though he opposes a state ballot measure to tax billionaires.
A new Washington Post report says President Trump's White House ballroom could cost $600 million, with half the cost borne by taxpayers. Sarah Blaskey, an investigative reporter at The Washington Post who helped break the story, joins "The Takeout" to discuss.
President Trump's settlement with the IRS is getting mixed reactions from some Republicans and fierce pushback from Democrats. Former Republican Rep. Peter Meijer of Michigan and Democratic strategist Cameron French join with analysis.
President Trump told CBS News exclusively on Monday that he wants to suspend the federal gas tax to give Americans some relief at the pump as the war with Iran continues. CBS News senior White House and political correspondent Ed O'Keefe has more.
President Trump told CBS News on Monday that he wants to suspend the federal fuel tax as the war with Iran continues to send gas prices skyrocketing. CBS News business contributor Javier David joins with analysis.
Despite the ongoing war in Iran and high gas prices, stocks started trading higher on Monday. The S&P 500 and Nasdaq both hit record highs, bolstered by the tech sector. Yahoo Finance senior reporter Brooke DiPalma joins with analysis.
President Trump took questions from reporters at the Oval Office on Thursday after signing an executive order on retirement planning. CBS News senior White House and political correspondent Ed O'Keefe joins following the president's remarks.
The measure would impose a one-time, 5% tax on the state's roughly 200 billionaires to fund public programs.