Texan communities are dealing with the impact of the deadly flash floods along the Guadalupe River, which have killed at least 80 people so far. Search and rescue efforts continue for those unaccounted for, including girls from the Camp Mystic summer camp, which Texas Gov. Greg Abbott said was "horrendously ravaged” by the flood waters.

Elon Musk slammed President Donald Trump’s “Big, Beautiful” budget bill, yet again, on Monday, but this time went so far as to call for the formation of a new political party to stop Trump’s “insane” deficit spending.

Update (1725ET): Well that didn't take long... hours after Elon Musk raged against the GOP's 'Big Beautiful Bill', the White House sent Congress a request to claw back $9.4 billion in funding for foreign aid and public broadcasting - the first move to codify cuts identified by the Department of Government Efficiency (DOGE).

WASHINGTON (AP) — Elon Musk is leaving his government role as a top adviser to President Donald Trump after spearheading efforts to reduce and overhaul the federal bureaucracy.

Late last week, the Joint Committee on Taxation (JCT) released its preliminary score of the House Ways and Means Committee mark-up of the large budget reconciliation bill working its way through Congress, also known as Trump's "Big, Beautiful Bill" (BBB). And while the BBB is inching to passing through Congress - despite holdouts still remaining especially over the size of the SALT deduction - here is a snapshot of what is in the Bill, and how it will affect the US in the coming decade.

President Trump said Monday he will "lead the charge" to oust Rep. Thomas Massie (R-Ky.) for his refusal to support Republicans' government funding bill.

Update (1647ET): Following Elon Musk's Saturday tweet instructing federal workers to list at least five accomplishments over the past week by Monday at midnight, or face termination - which was followed up by an actual email from the Office of Personnel Management (OPM), several agencies issued statements telling their employees to pump the brakes.

Elon Musk said his “DOGE team” of government efficiency enforcers is shutting down payments to federal contractors, suggesting that the world’s richest man may have access to sensitive systems used at the US Treasury Department.

A newly aired "60 Minutes" segment entitled The unexpected way American tax dollars are being used in Ukraine has uncovered that the US government is paying the salaries of some 57,000 Ukrainian civic services personnel.

Bungling U.S. government bureaucrats dispatched to the Maui disaster zone are shacked up in $1,000-a-night luxury hotels on the Hawaiian island, DailyMail.com can reveal.

A bill to raise the debt limit and cap government spending passed in the House by a wide margin late Wednesday, sending the bill to the Senate just days before Monday’s U.S. default deadline.

The Liberal government is on track to log the five highest years of per-person spending, even excluding COVID-specific spending

resident Biden is on track to expand the size and authority of the federal government to levels unseen since the height of former President Obama’s administration.

Senate leaders on Tuesday scrambled to beat a midnight Friday deadline to avoid a government shutdown after negotiators early Tuesday unveiled the text of a massive, $1.7 trillion spending bill to keep funding going through fiscal year 2023.

Too much government spending and loose monetary policy lead to rising prices combined with falling economic growth rates. All Keynesian roads lead to stagflation. It is the result of economic mismanagement. Again and again, the belief has been proven wrong that central bankers could guarantee the so-called price stability and that fiscal policy could prevent economic downturns. The present crisis is one more piece of evidence that interventionist monetary and fiscal policies are disruptive. Instead of a permanent boom, the result is stagflation.

Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.

The White House on Wednesday formally asked Congress to vote on $10 billion in humanitarian, economic and security aid for Ukraine and Central European allies in response to Russia's invasion of Ukraine, according to The Hill.