#budget crisis

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#budget-crisis

FEMA was strapped for cash even before America's hurricane double whammy

FEMA faces a funding crisis exacerbated by climate change, impacting disaster recovery efforts before new storms even hit.

LIVE: Oakland Mayor Sheng Thao gives State of the City address amid financial crisis, recall effort

Oakland is grappling with a $120 million budget shortfall and facing recall efforts against Mayor Sheng Thao.

Oakland Mayor Sheng Thao to give State of the City address amid financial crisis, recall effort

Oakland faces a $120 million budget shortfall risking vital city services amid recall efforts against Mayor Thao.

Why has Germany's government collapsed and what happens next?

The collapse of Germany's coalition government creates political uncertainty and significant budgetary challenges. A potential election looms due to internal disagreements.

PODCAST: France faces winter of strikes and protests and will Trump revive Macron?

Travel disruptions are anticipated during the Christmas holidays due to potential strikes across several sectors in France.
The election of Donald Trump might revitalize French President Macron's approach to European unity efforts.

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.

FEMA was strapped for cash even before America's hurricane double whammy

FEMA faces a funding crisis exacerbated by climate change, impacting disaster recovery efforts before new storms even hit.

LIVE: Oakland Mayor Sheng Thao gives State of the City address amid financial crisis, recall effort

Oakland is grappling with a $120 million budget shortfall and facing recall efforts against Mayor Sheng Thao.

Oakland Mayor Sheng Thao to give State of the City address amid financial crisis, recall effort

Oakland faces a $120 million budget shortfall risking vital city services amid recall efforts against Mayor Thao.

Why has Germany's government collapsed and what happens next?

The collapse of Germany's coalition government creates political uncertainty and significant budgetary challenges. A potential election looms due to internal disagreements.

PODCAST: France faces winter of strikes and protests and will Trump revive Macron?

Travel disruptions are anticipated during the Christmas holidays due to potential strikes across several sectors in France.
The election of Donald Trump might revitalize French President Macron's approach to European unity efforts.

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.
morebudget-crisis
#Germany

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.

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.

Germany Announces Special Budget to Avert Crisis

Germany proposes a plan to address its budget crisis without fresh debt.
The plan involves adopting a special budget to cover the cost of energy subsidies.
Details about the plan are scarce.

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.

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.

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.

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.

Germany Announces Special Budget to Avert Crisis

Germany proposes a plan to address its budget crisis without fresh debt.
The plan involves adopting a special budget to cover the cost of energy subsidies.
Details about the plan are scarce.

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.

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.
moreGermany

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.
#German government

Germany Freezes Government Spending as Budget Crisis Deepens

The German government has halted all new spending following a court ruling that deemed its actions improper.
The ruling has created a budget crisis and thrown the country's spending plans into disarray.
The halt in new spending applies to all ministries and will be in effect through Dec. 31.

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.

Germany Freezes Government Spending as Budget Crisis Deepens

The German government has halted all new spending following a court ruling that deemed its actions improper.
The ruling has created a budget crisis and thrown the country's spending plans into disarray.
The halt in new spending applies to all ministries and will be in effect through Dec. 31.

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.
moreGerman government

Here's how you can save money without cutting cops, Mayor Adams

Mayor Eric Adams has frozen NYPD academy recruitment amid the city's budget crisis.
Adams canceled police-academy classes to save money, jeopardizing his promise to improve public safety.
Alternative cost-saving measures include reducing reimbursement for retiree Medicare premiums and requiring employees to contribute to their health-care premiums.
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