#fiscal-policy

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#national-debt
US politics
fromwww.aljazeera.com
5 days ago

The US has $36 trillion in debt. What does that mean, and who owns it?

US national debt exceeds $36 trillion, with concerns about fiscal stability heightened by a new tax cut proposal.
US politics
fromwww.mediaite.com
5 days ago

Trump Nukes House Republican Worried His Big, Beautiful Bill Adds Too Much Debt: He Should Be Voted Out of Office'

Trump defends his fiscal policies against Massie's criticism, asserting his commitment to fixing the country's financial issues despite concerns about added debt.
US politics
fromwww.aljazeera.com
5 days ago

The US has $36 trillion in debt. What does that mean, and who owns it?

US national debt exceeds $36 trillion, with concerns about fiscal stability heightened by a new tax cut proposal.
US politics
fromwww.mediaite.com
5 days ago

Trump Nukes House Republican Worried His Big, Beautiful Bill Adds Too Much Debt: He Should Be Voted Out of Office'

Trump defends his fiscal policies against Massie's criticism, asserting his commitment to fixing the country's financial issues despite concerns about added debt.
more#national-debt
Retirement
fromBusiness Insider
2 days ago

This country just raised the retirement age to 70 - and others may follow

Denmark is raising its retirement age to 70 by 2040, the highest in Europe, linking it to life expectancy amid fiscal pressures.
#pound-sterling
UK news
fromBusiness Matters
2 months ago

Investors retreat from sterling ahead of spring statement and looming 15bn spending cuts

Institutional investors sold off pounds rapidly in anticipation of significant spending cuts.
UK news
fromBusiness Matters
2 months ago

Investors retreat from sterling ahead of spring statement and looming 15bn spending cuts

Institutional investors sold off pounds rapidly in anticipation of significant spending cuts.
more#pound-sterling
fromLondon Business News | Londonlovesbusiness.com
2 days ago

South African market softens following budget 3.0 - London Business News | Londonlovesbusiness.com

South African equities face potential volatility, with the JSE FTSE Top 40 index down 0.33% amid profit-taking and concerns over fiscal health and politics.
European startups
#republican-party
US politics
fromThe Atlantic
5 days ago

Trump's Tax Bill Is No Match for Reality

Republican leaders struggle to reconcile Trump's tax bill with fiscal realities, risking massive deficits and budgetary shortfalls.
US politics
fromNew York Post
2 days ago

Two cheers on passing the tax bill - too bad spending's still out of control

The 'Big Beautiful Bill' passed the House, but it represents a missed opportunity for significant cuts in federal spending.
Right-wing politics
fromwww.theguardian.com
5 days ago

Don't be fooled. Trump's One Big Beautiful Bill' is typically ugly and typically misnamed | Arwa Mahdawi

The One Big Beautiful Bill Act is a contentious legislative package that has sparked debate among Republicans over tax cuts and spending priorities.
US politics
fromThe Atlantic
5 days ago

Trump's Tax Bill Is No Match for Reality

Republican leaders struggle to reconcile Trump's tax bill with fiscal realities, risking massive deficits and budgetary shortfalls.
US politics
fromNew York Post
2 days ago

Two cheers on passing the tax bill - too bad spending's still out of control

The 'Big Beautiful Bill' passed the House, but it represents a missed opportunity for significant cuts in federal spending.
Right-wing politics
fromwww.theguardian.com
5 days ago

Don't be fooled. Trump's One Big Beautiful Bill' is typically ugly and typically misnamed | Arwa Mahdawi

The One Big Beautiful Bill Act is a contentious legislative package that has sparked debate among Republicans over tax cuts and spending priorities.
more#republican-party
#steve-bannon
US politics
fromwww.mediaite.com
1 week ago

Steve Bannon Hammers Republican Clowns' In The House Over Trump-Backed Budget: The Math Simply Doesn't Work'

Bannon criticizes House GOP leadership's bill effort as insufficient to garner support from fiscal conservatives.
US politics
fromwww.mediaite.com
1 week ago

Steve Bannon Hammers Republican Clowns' In The House Over Trump-Backed Budget: The Math Simply Doesn't Work'

Bannon criticizes House GOP leadership's bill effort as insufficient to garner support from fiscal conservatives.
more#steve-bannon
#trump
US politics
fromFast Company
3 weeks ago

Trump's 2026 budget plan calls for sharp spending cuts. Here's what to know

Trump's 2026 budget plan prioritizes national security while proposing significant cuts to domestic spending, raising concerns about impacts on social programs.
US politics
fromFast Company
3 weeks ago

Trump's 2026 budget plan calls for sharp spending cuts. Here's what to know

Trump's 2026 budget plan prioritizes national security while proposing significant cuts to domestic spending, raising concerns about impacts on social programs.
more#trump
#government-spending
US Elections
fromThe Atlantic
1 month ago

How the Trump Administration Is Taxing the IRS

Cuts to the IRS are expected to cost the U.S. government trillions in lost revenue, adversely affecting essential services and increasing deficits.
UK politics
fromBusiness Matters
2 months ago

UK borrowing overshoots forecasts by 20bn as pressure mounts ahead of spring statement

Public sector borrowing exceeds expectations, raising challenges for Chancellor Rachel Reeves ahead of the Spring Statement.
fromNew York Post
3 days ago
Non-profit organizations

Exclusive | NASA spent almost $900K on taxpayer-funded union time last year - to negotiate trivial workplace issues: 'Absurd'

US Elections
fromThe Atlantic
1 month ago

How the Trump Administration Is Taxing the IRS

Cuts to the IRS are expected to cost the U.S. government trillions in lost revenue, adversely affecting essential services and increasing deficits.
UK politics
fromBusiness Matters
2 months ago

UK borrowing overshoots forecasts by 20bn as pressure mounts ahead of spring statement

Public sector borrowing exceeds expectations, raising challenges for Chancellor Rachel Reeves ahead of the Spring Statement.
fromNew York Post
3 days ago
Non-profit organizations

Exclusive | NASA spent almost $900K on taxpayer-funded union time last year - to negotiate trivial workplace issues: 'Absurd'

more#government-spending
#uk-government
more#uk-government
#uk-economy
UK politics
fromwww.bbc.com
1 month ago

Higher pay and benefits drives government borrowing higher

UK government borrowing rose to £151.9 billion, exceeding forecasts, largely due to increased spending driven by inflation.
UK politics
fromBusiness Matters
1 month ago

UK borrowing overshoots forecast by 15bn, fuelling pressure on Reeves ahead of autumn budget

UK borrowing exceeded forecasts by nearly £15 billion, pressuring Rachel Reeves to consider tax hikes or deeper spending cuts.
UK politics
fromwww.bbc.com
1 month ago

Higher pay and benefits drives government borrowing higher

UK government borrowing rose to £151.9 billion, exceeding forecasts, largely due to increased spending driven by inflation.
UK politics
fromBusiness Matters
1 month ago

UK borrowing overshoots forecast by 15bn, fuelling pressure on Reeves ahead of autumn budget

UK borrowing exceeded forecasts by nearly £15 billion, pressuring Rachel Reeves to consider tax hikes or deeper spending cuts.
more#uk-economy
#credit-rating
US news
fromBusiness Insider
6 days ago

Treasurys hit 5% in wake of Moody's downgrade

US 30-year Treasury yields exceeded 5% following Moody's credit rating downgrade of the US, causing concern in financial markets.
more#credit-rating
US news
fromwww.npr.org
3 days ago

Here's what's in the GOP megabill that's headed for a vote in the House

House Republicans are pushing an updated bill aimed at advancing President Trump's domestic agenda, seeking bipartisan support before the week's end.
#taxation
NYC politics
fromNew York Post
3 weeks ago

Kathy Hochul and lawmakers' budget deal isn't just late, it's reckless too

Gov. Hochul's budget deal significantly increases spending without addressing key fiscal risks or cuts, which may lead to financial instability.
NYC politics
fromNew York Post
3 weeks ago

Kathy Hochul and lawmakers' budget deal isn't just late, it's reckless too

Gov. Hochul's budget deal significantly increases spending without addressing key fiscal risks or cuts, which may lead to financial instability.
NYC politics
fromNew York Post
3 weeks ago

New Yorkers get slammed yet again by a state budget that LITERALLY robs them blind

Gov. Hochul announced a back-room deal on taxation and spending that may lead to further tax hikes in New York.
UK politics
fromwww.theguardian.com
4 days ago

Leaked memo reveals Angela Rayner called for tax rises before spring statement UK politics live

The 'Be the Chancellor' tool helps users understand the impact of spending and tax choices.
more#taxation
#labour-party
UK politics
fromwww.theguardian.com
4 days ago

Rayner urged Reeves to consider wealth tax rises before spring statement

Angela Rayner proposed wealth tax increases to address government spending concerns, highlighting divides within Labour's cabinet.
UK politics
fromwww.theguardian.com
4 days ago

Rayner urged Reeves to consider wealth tax rises before spring statement

Angela Rayner proposed wealth tax increases to address government spending concerns, highlighting divides within Labour's cabinet.
more#labour-party
#federal-budget
US news
fromwww.npr.org
3 weeks ago

Trump is proposing Congress cut $163 billion in non-defense spending next year

Trump proposes $163 billion cuts to non-defense spending, a 22.6% decrease for fiscal 2026.
fromwww.cbc.ca
1 week ago
UK politics

The Liberals aren't tabling a budget. How does that affect the economy and your wallet? | CBC News

US news
fromwww.npr.org
3 weeks ago

Trump is proposing Congress cut $163 billion in non-defense spending next year

Trump proposes $163 billion cuts to non-defense spending, a 22.6% decrease for fiscal 2026.
fromwww.cbc.ca
1 week ago
UK politics

The Liberals aren't tabling a budget. How does that affect the economy and your wallet? | CBC News

more#federal-budget
fromLondon Business News | Londonlovesbusiness.com
5 days ago

Dow Jones extends its rally despite credit rating pressure and geopolitical uncertainty - London Business News | Londonlovesbusiness.com

The selling pressure quickly eased as investors believed that prior market reactions had already priced in much of the risk, leading to increased buying interest.
US politics
US politics
fromwww.mediaite.com
6 days ago

Republican Senator Warns Trump's Tariffs Could Destroy Small Businesses'

Government officials must be honest about the fiscal state and not manipulate fear regarding benefits for vulnerable populations.
#us-credit-rating
US politics
fromBusiness Insider
1 week ago

The US just lost its last triple-A credit rating from a major agency

Moody's downgraded US credit rating due to rising debt and interest costs, changing its outlook from negative to stable.
fromwww.theguardian.com
1 week ago
US news

US credit rating downgrade could add to pressure on government debt

Moody's downgrade signals rising concerns over US fiscal policy and government debt.
US politics
fromBusiness Insider
1 week ago

The US just lost its last triple-A credit rating from a major agency

Moody's downgraded US credit rating due to rising debt and interest costs, changing its outlook from negative to stable.
more#us-credit-rating
#california-budget
SF politics
fromwww.mercurynews.com
1 week ago

Newsom blames California's $12 billion budget shortfall on tariffs, Medi-Cal spending on immigrants

California faces a $12 billion budget shortfall, challenging Governor Newsom's plans for maintaining high spending amid market volatility and rising Medi-Cal costs.
SF politics
fromwww.mercurynews.com
1 week ago

Newsom blames California's $12 billion budget shortfall on tariffs, Medi-Cal spending on immigrants

California faces a $12 billion budget shortfall, challenging Governor Newsom's plans for maintaining high spending amid market volatility and rising Medi-Cal costs.
more#california-budget
#germany
Germany politics
fromThe Local Germany
1 week ago

Why Germany's new goverment is already facing a black hole in its budget

Germany anticipates a significant tax revenue shortfall from 2025 to 2029, impacting government budget and plans for infrastructure and defense spending.
fromLondon Business News | Londonlovesbusiness.com
2 months ago
Germany politics

Bundestag vote could 'potentially set a precedent' that could spread across the entire EU economic framework - London Business News | Londonlovesbusiness.com

Germany is shifting its fiscal policy to allow increased defence and infrastructure spending by relaxing debt restrictions.
fromwww.nytimes.com
1 month ago
Germany news

Investors Seeking Safety Look to German Government Bonds

Germany's fiscal conservatism is now an asset as investors seek safety in bunds amid global market instability.
Germany politics
fromThe Local Germany
1 week ago

Why Germany's new goverment is already facing a black hole in its budget

Germany anticipates a significant tax revenue shortfall from 2025 to 2029, impacting government budget and plans for infrastructure and defense spending.
Germany politics
fromwww.dw.com
1 week ago

Germany's massive spending spree: How will the EU react? DW 05/13/2025

Germany plans to invest 1 trillion in defense and infrastructure, signaling a departure from fiscal restraint amidst EU fiscal rule concerns.
more#germany
California
fromNew York Magazine
1 week ago

Gavin Newsom Is Ending a Golden Age of California Progressivism

California Democrats aim to uphold progressive values but face fiscal constraints forcing changes in health care policies.
Retirement
fromThe Mercury News
1 week ago

In wake of Southern California wildfires, lawmakers jockey to sweeten firefighter pensions

Public agencies seek to bypass pension reforms, risking deeper financial issues amidst an ongoing $352 billion pension deficit.
#uk-taxation
more#uk-taxation
#economic-impact
fromThe Atlantic
2 weeks ago
US politics

Congressional Republicans Have Two Bad Options

Congress is currently debating a major fiscal bill that could greatly impact the economy and deficit.
fromwww.independent.co.uk
1 month ago
UK politics

Watch: Starmer refuses to rule out further benefit cuts after Trump's tariffs

The UK government might consider additional benefit cuts due to fiscal pressures from Donald Trump's tariffs.
more#economic-impact
#economic-growth
Public health
fromenglish.elpais.com
3 weeks ago

More taxes on sugary drinks, alcohol, and tobacco to fund health care

Health taxes could significantly enhance funding for healthcare in Latin America, generating billions in revenue annually.
Public health
fromenglish.elpais.com
3 weeks ago

More taxes on sugary drinks, alcohol, and tobacco to fund health care

Health taxes could significantly enhance funding for healthcare in Latin America, generating billions in revenue annually.
more#economic-growth
#new-york-city
Brooklyn
fromBKReader
3 weeks ago

Federal Aid Cuts Could Threaten Key NYC Services

New York City's FY 2026 budget may face significant cuts due to uncertainty in federal funding, threatening essential services for vulnerable populations.
NYC politics
fromBrooklyn Eagle
1 month ago

Lander: NYC must bolster its financial reserve to avoid major recession

NYC must prepare for economic impacts of Trump's tariffs by bolstering rainy-day funds and reserves, warns Comptroller Brad Lander.
more#new-york-city
#los-angeles
Los Angeles
fromwww.mercurynews.com
1 month ago

Walters: If California bails out L.A.'s $1B deficit, it's a slippery slope

Los Angeles faces a $1 billion budget deficit exacerbated by overspending and external challenges like wildfires.
Los Angeles
fromtherealdeal.com
3 weeks ago

S&P dents LA's bond ratings as city faces $1B budget shortfall

L.A.'s bond ratings drop reflects significant fiscal challenges amidst a nearly $1 billion budget shortfall.
Los Angeles
fromwww.mercurynews.com
1 month ago

Walters: If California bails out L.A.'s $1B deficit, it's a slippery slope

Los Angeles faces a $1 billion budget deficit exacerbated by overspending and external challenges like wildfires.
Los Angeles
fromtherealdeal.com
3 weeks ago

S&P dents LA's bond ratings as city faces $1B budget shortfall

L.A.'s bond ratings drop reflects significant fiscal challenges amidst a nearly $1 billion budget shortfall.
more#los-angeles
#income-tax
more#income-tax
Germany politics
fromwww.theguardian.com
1 month ago

The Guardian view on Friedrich Merz's grand coalition: gambling on a new centre ground | Editorial

Friedrich Merz is expected to shift from Germany's previous fiscal conservatism towards increased government spending, particularly on defense.
#finance
US news
fromwww.nytimes.com
2 months ago

U.S. Could Run Out of Cash by July, Analysis Finds

The U.S. may run out of cash by mid-July if the debt limit isn't raised.
The X-date signifies when the U.S. might default on its obligations.
US news
fromwww.nytimes.com
2 months ago

U.S. Could Run Out of Cash by July, Analysis Finds

The U.S. may run out of cash by mid-July if the debt limit isn't raised.
The X-date signifies when the U.S. might default on its obligations.
more#finance
Europe politics
fromNew York Post
1 month ago

Italy warns against counter-tariffs on US, calls for budget leeway

Italian Economy Minister warns against retaliatory tariffs on the US, advocating for de-escalation and flexibility in EU fiscal rules in response to economic downturns.
#rachel-reeves
more#rachel-reeves
NYC politics
fromNew York Post
1 month ago

New Yorkers must pray that the state budget standstill lasts for a good long time

Governor Hochul's budget plans may deepen New York's financial crisis by disregarding federal cuts and proposing excessive spending.
Social justice
fromPoynter
2 months ago

Is Social Security a Ponzi scheme? The facts behind Elon Musk's claim - Poynter

Musk controversially labeled Social Security a Ponzi scheme, sparking debate over its accuracy and implications for future funding.
fromLondon Business News | Londonlovesbusiness.com
2 months ago

Governor Bailey 'is walking a tightrope between maintaining inflation-taming credibility and providing economic life support' - London Business News | Londonlovesbusiness.com

The MPC loves a slow dance so they won't cut today. The data's not screaming for it. Should they? If they were focused on economic growth over price stability, they might, but inflation hawks will likely hold sway.
UK politics
fromwww.theguardian.com
2 months ago

The Guardian view on benefit cuts: these harmful changes must be fought | Editorial

The government has prioritized cutting disability benefits over more borrowing or tax increases, leading to significant financial losses for up to one million people.
UK politics
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