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Dr. Scott Gottlieb on Trump's proposed cuts to health and science funding
CNBC Television· 2025-06-17 13:49
Well, there's a proposed cut in the president's budget for 2026 that's quite substantial. I think on the order of $17 billion, but for this year, the NIH is very far behind their spending goals. And so, they're about $2.3% billion right now behind where they would normally be if they were spending the budget that was allocated for 2025.And this is going to set up a difficult situation towards the end of the year. either NIH is going to have to spend that money out money, which means they're going to have to ...
Trump wants to dismantle FEMA after Hurricane season
Bloomberg Television· 2025-06-11 18:31
How soon do you want to see FEMA eliminated. And what's your message to the governors about how much more an expense is going to fall to states. Well, it's not going to be so much the states.We're going to give out less money. We're going to give it out directly. It'll be from the president's office.We'll have somebody here. Uh could be Homeland Security, but we're going to give it out through a a method where it's given out. As an example, I just gave out 71 million dollars to a certain state.They were loo ...
Tesla shares sink 5% as Musk continues to bash Trump's spending bill
CNBC· 2025-06-05 14:36
Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC.Shares of Tesla slid about 5% Thursday as CEO Elon Musk continued his relentless pressure on Congress to "KILL" President Donald Trump's spending bill.Musk in recent days has threatened to primary lawmakers who vote for the bill and called it a "disgusting abomination," marking a significant shift in his comments about the administration. The fall in shares c ...