#budget-crisis

[ follow ]
www.theguardian.com
3 days ago
UK politics

Rising cost of social services in England putting arts and youth services at risk, say councils

Rising social service costs threaten essential council functions in England, with many councils facing potential insolvency due to unsustainable budget pressures. [ more ]
www.nytimes.com
4 days ago
France politics

France's Prime Minister Urges a Divided Parliament to Give Him a Chance

Michel Barnier urges cooperation in Parliament to tackle France's budget crisis through spending cuts and tax increases. [ more ]
www.nytimes.com
5 days ago
Digital life

Mexico's First Female President Takes Office

Claudia Sheinbaum's inauguration is a historic milestone for women's empowerment in Mexico. [ more ]
Business Insider
2 weeks ago
Privacy professionals

US Navy's new submarines are 'in crisis' as costs balloon by $17 billion, lawmaker says

The US Navy's Virginia-class submarine program is significantly over budget and facing critical delays. [ more ]
Boston.com
2 weeks ago
San Francisco

Brockton mayor agrees to step aside as chair of School Committee after budget scandal

Mayor Sullivan agrees to resign as chair of the School Committee to address budget crisis, supporting the need for separate leadership roles. [ more ]
#government-funding
www.theguardian.com
2 weeks ago
Privacy professionals

Met police budget heading off a cliff', commissioner warns in funding plea

Scotland Yard requires substantial new funding to address its budget crisis and deteriorating infrastructure, as highlighted by Commissioner Sir Mark Rowley's statements. [ more ]
www.theguardian.com
1 month ago
Privacy professionals

Scottish ministers largely to blame for spending crisis, says watchdog

Scottish ministers' financial mismanagement on public sector pay is causing a spending crisis leading to severe cuts in non-essential services. [ more ]
www.theguardian.com
2 weeks ago
Privacy professionals

Met police budget heading off a cliff', commissioner warns in funding plea

Scotland Yard requires substantial new funding to address its budget crisis and deteriorating infrastructure, as highlighted by Commissioner Sir Mark Rowley's statements. [ more ]
www.theguardian.com
1 month ago
Privacy professionals

Scottish ministers largely to blame for spending crisis, says watchdog

Scottish ministers' financial mismanagement on public sector pay is causing a spending crisis leading to severe cuts in non-essential services. [ more ]
moregovernment-funding
www.esquire.com
3 weeks ago
Left-wing politics

Majorie Taylor Greene Tanked Mike Johnson's Spending Plan

Congress struggles with internal dissent over the budget, complicating the passage of necessary funding legislation amidst looming deadlines. [ more ]
www.mercurynews.com
4 months ago
California

Opinion: California schools can fund rainy day,' thanks to Jerry Brown

California's public school system to remain intact despite budget shortfall due to rainy day fund [ more ]
Los Angeles Times
8 months ago
Los Angeles

Salary deal struck by Bass would give L.A. city workers seven raises by July 2028

Los Angeles city workers could receive a package of raises exceeding 24% over five years.
The pay proposal includes cost-of-living increases, increased sick leave cash out, and a minimum pay raise to $25 per hour by 2026. [ more ]
POLITICO
9 months ago
Germany politics

Olaf Scholz on budget crisis: No cuts to German welfare state

German Chancellor Olaf Scholz rejects calls for cuts to social benefits to address the budget crisis.
Scholz's stance poses a challenge to coalition partners from the Free Democratic Party who advocate for reducing social benefits. [ more ]
#budget crisis
www.thelocal.de
10 months ago
Germany politics

What happens if Germany can't decide on a budget for 2024?

The German government is facing a budget crisis due to legal challenges against their borrowing plans.
Disagreements over how to fill a 17 billion euro hole in the budget could result in a missed deadline and no official budget for next year. [ more ]
POLITICO
10 months ago
Europe politics

The most powerful people in Europe (for better or worse)

Europe's most powerful people are unveiled in the POLITICO 28 ranking.
Commission President Ursula von der Leyen plans to run for the top job again. [ more ]
POLITICO
10 months ago
Germany politics

Germany must 'invest heavily' in green transition despite budget crisis, Scholz says

German Chancellor, Olaf Scholz, plans to invest heavily in the modernization and green transition of Germany's economy.
The government's ability to spend has been curbed due to a budget crisis, but specific details on how they will pay for the investments have not been provided. [ more ]
www.dw.com
10 months ago
Germany politics

Scholz says top court's budget ruling means 'new reality' DW 11/28/2023

Germany's coalition government is facing a budget crisis after a ruling by the Constitutional Court on borrowing.
The court ruled that unused pandemic funds cannot be repurposed for climate and green industry projects, causing a gap in government finances.
Chancellor Olaf Scholz admits that his government would have made different decisions if they had known about the ruling earlier. [ more ]
www.dw.com
10 months ago
Germany politics

Scholz addresses Bundestag over German budget crisis DW 11/28/2023

German Chancellor Olaf Scholz is addressing lawmakers about his coalition government's budget crisis.
The German government's three-way ruling coalition plans to temporarily extend the lifting of restrictions on borrowing as part of a supplementary budget.
The Karlsruhe-based Constitutional Court's ruling vetoed government plans to use pandemic funds for climate and green industry projects. [ more ]
www.nytimes.com
10 months ago
Germany politics

Germany Announces Special Budget to Avert Crisis

Germany has announced a plan to address its budget crisis without requiring fresh debt.
The plan involves adopting a special budget to cover the cost of energy subsidies.
The government's spending plans were compromised by a court ruling that violated the constitution. [ more ]
www.thelocal.de
10 months ago
Germany politics

What happens if Germany can't decide on a budget for 2024?

The German government is facing a budget crisis due to legal challenges against their borrowing plans.
Disagreements over how to fill a 17 billion euro hole in the budget could result in a missed deadline and no official budget for next year. [ more ]
POLITICO
10 months ago
Europe politics

The most powerful people in Europe (for better or worse)

Europe's most powerful people are unveiled in the POLITICO 28 ranking.
Commission President Ursula von der Leyen plans to run for the top job again. [ more ]
POLITICO
10 months ago
Germany politics

Germany must 'invest heavily' in green transition despite budget crisis, Scholz says

German Chancellor, Olaf Scholz, plans to invest heavily in the modernization and green transition of Germany's economy.
The government's ability to spend has been curbed due to a budget crisis, but specific details on how they will pay for the investments have not been provided. [ more ]
www.dw.com
10 months ago
Germany politics

Scholz says top court's budget ruling means 'new reality' DW 11/28/2023

Germany's coalition government is facing a budget crisis after a ruling by the Constitutional Court on borrowing.
The court ruled that unused pandemic funds cannot be repurposed for climate and green industry projects, causing a gap in government finances.
Chancellor Olaf Scholz admits that his government would have made different decisions if they had known about the ruling earlier. [ more ]
www.dw.com
10 months ago
Germany politics

Scholz addresses Bundestag over German budget crisis DW 11/28/2023

German Chancellor Olaf Scholz is addressing lawmakers about his coalition government's budget crisis.
The German government's three-way ruling coalition plans to temporarily extend the lifting of restrictions on borrowing as part of a supplementary budget.
The Karlsruhe-based Constitutional Court's ruling vetoed government plans to use pandemic funds for climate and green industry projects. [ more ]
www.nytimes.com
10 months ago
Germany politics

Germany Announces Special Budget to Avert Crisis

Germany has announced a plan to address its budget crisis without requiring fresh debt.
The plan involves adopting a special budget to cover the cost of energy subsidies.
The government's spending plans were compromised by a court ruling that violated the constitution. [ more ]
morebudget crisis
Truthout
2 months ago
Education

Arizona's "Model" School Voucher Program Is Causing Massive Budget Meltdown

Arizona's large school voucher program resulted in a budget crisis with substantial unexpected costs. [ more ]
sfist.com
3 months ago
Education

SFUSD May Lay Off 600 Teachers and Staff In the Next Two Years Under Budget Plan

The San Francisco Unified School District faces severe budget cuts and layoffs due to a deficit that must be closed in the next two years. [ more ]
www.mercurynews.com
3 months ago
Business

Opinion: As Oakland reaches a fiscal cliff, Mayor Sheng Thao plans to jump

Oakland faces a $352 million deficit due to overspending, mainly driven by unaffordable labor compensation increases and unsustainable growth in spending since 2018. [ more ]
www.mercurynews.com
3 months ago
SF politics

Recall effort against Oakland Mayor Sheng Thao has enough signatures for election

A recall campaign against Oakland Mayor Sheng Thao has gathered enough valid petition signatures, likely heading to the November election. [ more ]
[ Load more ]