Trump's Budget Proposal, Severe Storms, and Economic Updates | CBS News 24/7

Trump Administration's Budget Proposal

• 💰 The White House released its fiscal year 2026 budget proposal, featuring significant cuts to non-defense discretionary spending, totaling approximately $163 billion or 22%.
• 🎯 Proposed cuts target programs related to Diversity, Equity, and Inclusion (DEI), Critical Race Theory (CRT), climate initiatives, and certain foreign aid.
• 🏛️ Agencies like transportation, homeland security, and veterans affairs were largely spared from these proposed cuts.
• 📺 The budget also includes proposed cuts to federal funding for PBS and NPR, leading to a legal challenge from the Corporation for Public Broadcasting, which asserts its independence from presidential authority.

Economic and National Security Updates

• 📈 The April jobs report showed employers added 177,000 jobs, with the unemployment rate holding steady at 4.2%, exceeding expectations and boosting the Dow Jones Industrial Average.
• 🚢 Despite concerns over President Trump's tariffs, the jobs report indicates no immediate slowdown in hiring, though the administration acknowledges potential interim pain as manufacturing is shifted to the U.S.
• 🛡️ National Security Adviser Mike Waltz is stepping down, with Secretary of State Marco Rubio temporarily taking on NSA duties. This follows the 'Signalgate' controversy where a journalist was inadvertently added to a sensitive chat.
• ⚖️ A federal judge ruled the Trump administration's use of the Alien Enemies Act for deporting Venezuelans unlawful, citing a lack of clear invasion.

Severe Weather and Environmental Concerns

• ⛈️ North Texas is bracing for severe storms, including large hail, damaging winds, and potential tornadoes.
• 🌊 The U.S. Coast Guard is federalizing the response to an oil spill off the Louisiana coast, where an estimated 100,000 gallons have polluted marshlands and the Gulf, impacting the local ecosystem and shrimping industry.
• ✈️ Widespread travel delays are occurring at Newark Liberty International Airport due to construction, staffing shortages, and equipment issues, impacting travelers at the start of the travel season.

Political and Legal Developments

• 🧑‍⚖️ Concerns are rising among Senate Republicans regarding the confirmation of Ed Martin as the top federal prosecutor in Washington D.C., due to his lack of prosecutorial experience and ties to the January 6th events.
• 🕊️ The Vatican Fire Brigade has prepared the Sistine Chapel chimney for the conclave to elect the next Pope, with anticipation building for the announcement.
• ⚽ A 14-year-old Tennessee golfer, Raymond Rebel, is on track to potentially compete in the U.S. Open, aiming to tie the record for the youngest player ever in the tournament.
• 🐎 'Journalism,' the horse, is the favorite for the Kentucky Derby, with trainer Michael McCarthy hoping for a win that could provide a morale boost to his community devastated by recent fires.