Feb 13, 2018

The Trump budget's big deficit increases

Axios

Copies of President Trump's $4.4 trillion 2019 budget proposal. Photo: Saul Loeb / AFP via Getty Images

"The White House and Congress have shown little willingness to cut back on spending, finding it easier to cut taxes and increase spending during Trump’s presidency," the WashPost reports in its lead story.

Why it doesn't matter: "The deep safety-net cuts in Trump’s budget may play to his base, but they will go nowhere in the Senate, where support would be needed from Democrats."

Chart: AP; Data: Office of Management and Budget

Go deeper: Agency-by-agency highlights of Trump’s 2019 budget.

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Margaret Harding McGill

Trump administration backs Oracle in Google fight

Photo illustration: Aïda Amer/Axios. Photo via The Washington Post.

The Trump administration is siding with Oracle in the database giant's dispute with Google before the Supreme Court — a move that comes as Oracle's founder hosts a high-dollar fundraiser for the president.

Why it matters: Billions of dollars — and, Google argues, the future of software innovation — are at stake as a long-running copyright dispute between the two giant companies heads to the Supreme Court next month.

Go deeperArrow8 mins ago - Technology
Kia Kokalitcheva

Established VCs turn to "super angels" to grow their network

Illustration: Eniola Odetunde/Axios

Thanks to companies like AngelList and Carta that make it easier than ever to set up small VC funds, a new generation of so-called “super angels” is cropping up — and established venture funds are backing them.

Why it matters: Just like the boom in scout programs a number of years ago, it’s all about the deal flow.

Go deeperArrow11 mins ago - Economy & Business
Jonathan Swan

Scoop: Top NSC official reassigned to Energy Department amid "Anonymous" fallout

Photo: Mark Wilson/Getty Images

Deputy national security adviser Victoria Coates will be reassigned as a senior adviser to Energy Secretary Dan Brouillette, the National Security Council said Thursday — and a senior White House official said that the administration "rejects" the rumors that she is "Anonymous."

Why it matters: Coates has battled claims that she is the still-unknown Trump administration official that penned a New York Times op-ed and book critical of President Trump.

Go deeperArrow2 hours ago - Politics & Policy