#fiscal-revenue

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#new-york-city
NYC politics
fromUnHerd
7 hours ago

Zohran Mamdani is pushing New York towards fiscal disaster

New York City's finances are severely strained, with spending outpacing revenue growth, leading to potential credit downgrades.
NYC politics
fromwww.amny.com
1 week ago

Op-Ed | Revenue from Albany a common sense solution for working New Yorkers | amNewYork

New York City faces a $5.4 billion budget gap due to underbudgeting and state revenue raids.
fromwww.amny.com
2 weeks ago
New York City

NYC BUDGET: Another rating company issues negative financial outlook as City Hall grapples with big deficit | amNewYork

New York City's financial outlook was revised to negative by KBRA, following similar actions by Moody's and S&P, due to budget concerns.
NYC politics
fromUnHerd
7 hours ago

Zohran Mamdani is pushing New York towards fiscal disaster

New York City's finances are severely strained, with spending outpacing revenue growth, leading to potential credit downgrades.
New York City
fromwww.amny.com
3 days ago

Op-ed | A responsible path forward for New York City's budget | amNewYork

New York City's budget process is a complex negotiation that impacts community investment and addresses fiscal challenges.
New York City
fromNew York Daily News
4 days ago

NYC Council budget plan averts Mamdani property tax hike, avoids tapping reserves

The City Council plans to close New York's budget gap without tax hikes or using reserves, proposing alternative funding sources instead.
NYC politics
fromwww.amny.com
1 week ago

Op-Ed | Revenue from Albany a common sense solution for working New Yorkers | amNewYork

New York City faces a $5.4 billion budget gap due to underbudgeting and state revenue raids.
New York City
fromwww.amny.com
2 weeks ago

NYC BUDGET: Another rating company issues negative financial outlook as City Hall grapples with big deficit | amNewYork

New York City's financial outlook was revised to negative by KBRA, following similar actions by Moody's and S&P, due to budget concerns.
Arts
fromwww.npr.org
16 hours ago

Questions to help you get 'financially naked' with your partner

Open and honest financial conversations strengthen relationships and are essential for couples to navigate their future together.
Privacy professionals
fromIndependent
21 hours ago

Gearoid O'Sullivan: Would you be happy to have details of your tax affairs paraded in public?

New rules threaten taxpayer privacy by limiting the right to private hearings in the appeals process.
Retirement
fromIndependent
21 hours ago

State took 70m from estates of dead people after detecting overpayments

Welfare officials reclaimed nearly €70m from deceased individuals' estates due to overpayments.
UK politics
fromwww.theguardian.com
1 day ago

Trussonomics still haunts parties' economic promises in run-up to UK local elections | Phillip Inman

Local and regional elections in the UK reveal extravagant spending promises from various parties, often funded by cuts or borrowing without clear economic consequences.
Law
from24/7 Wall St.
2 days ago

Dave Ramsey Tells Tutor With $24,000 IRS Debt to Pay the Government First in Her $94,000 Debt Snowball

Prioritize IRS debt over other debts due to its unique enforcement powers and penalties.
Washington DC
fromTruthout
1 day ago

Trump Budget Boosts War Spending While Slashing Domestic Programs

The Trump administration's fiscal 2027 budget requests a 43% increase in defense spending and a 10% decrease in non-defense funding.
Psychology
from24/7 Wall St.
2 days ago

Dave Ramsey Is Right About Why Americans Are Spending More and Feeling Worse

Emotional spending leads to financial problems, as people seek fulfillment through material possessions rather than saving.
East Bay (California)
fromThe Oaklandside
3 days ago

Oakland made a big financial mistake failing to collect business taxes, audit finds

Oakland failed to collect owed business taxes, exacerbating financial crises and limiting revenue needed for essential services.
fromIndependent
2 days ago

'If you are using credit cards to take out cash, you need to cut up your card' - money experts share their credit card dos and don'ts

Credit cards can be very dangerous from a financial well-being perspective, if used irresponsibly. The temptation to use one to fund a big holiday or a new sofa that you can't afford can be seriously tempting.
Relationships
#san-francisco
SF politics
from48 hills
3 days ago

SF budget picture improves as mayor tries to cut the tax that is part of the recovery - 48 hills

San Francisco's financial outlook is improving, driven by increased tax revenues, particularly from high-end real estate transactions.
San Francisco
fromMission Local
5 days ago

S.F. on track to shrink deficit by $300M, city controller says

San Francisco's projected budget deficit has decreased from $936 million to $643 million, but significant cuts and challenges remain ahead.
SF politics
from48 hills
3 days ago

SF budget picture improves as mayor tries to cut the tax that is part of the recovery - 48 hills

San Francisco's financial outlook is improving, driven by increased tax revenues, particularly from high-end real estate transactions.
San Francisco
fromMission Local
5 days ago

S.F. on track to shrink deficit by $300M, city controller says

San Francisco's projected budget deficit has decreased from $936 million to $643 million, but significant cuts and challenges remain ahead.
from24/7 Wall St.
4 days ago

The US Government Could End The Federal Gas Tax

The tax provides more than $23 billion per year in revenue for federal highway and public transit programs. The federal gas tax has been in place, in one way or another, since 1919 and was last raised in 1993.
Alternative transportation
#federal-reserve
Left-wing politics
fromHarvard Gazette
4 days ago

Powell issues a warning on U.S. debt - Harvard Gazette

Federal Reserve Chairman Jerome Powell emphasizes a cautious approach to economic impacts from the Iran war while maintaining a commitment to a 2% inflation target.
World politics
fromFortune
6 days ago

Jerome Powell says $39 trillion national debt is 'not unsustainable,' but warns the trajectory 'will not end well' | Fortune

America's $39 trillion debt is manageable short-term, but its growth trajectory is unsustainable and requires urgent legislative action.
Left-wing politics
fromHarvard Gazette
4 days ago

Powell issues a warning on U.S. debt - Harvard Gazette

Federal Reserve Chairman Jerome Powell emphasizes a cautious approach to economic impacts from the Iran war while maintaining a commitment to a 2% inflation target.
World politics
fromFortune
6 days ago

Jerome Powell says $39 trillion national debt is 'not unsustainable,' but warns the trajectory 'will not end well' | Fortune

America's $39 trillion debt is manageable short-term, but its growth trajectory is unsustainable and requires urgent legislative action.
Boston
fromBoston.com
4 days ago

Boston faces budget deficit of nearly $50 million

Boston faces a $48.4 million budget deficit due to external cost pressures, prompting spending freezes and hiring delays.
Careers
fromFast Company
4 days ago

The hidden budget line destroying your bottom line

High employee turnover costs companies between $1.1 million and $4.4 million annually due to poor hiring decisions.
fromBitcoin Magazine
4 days ago

U.S. Treasury Launches First GENIUS Act Rulemaking Proposal

The proposed rule establishes broad principles to guide the determination of whether state-level stablecoin regulatory regimes are 'substantially similar' to the federal framework, allowing smaller issuers to remain under state supervision.
Cryptocurrency
Right-wing politics
fromEsquire
5 days ago

Republicans Have Come up With the Worst Budgeting Idea Possibly Ever

Republicans are considering health spending cuts to fund a budget bill for the Iran war and immigration enforcement, risking political backlash.
US politics
fromFortune
6 days ago

Jerome Powell lets loose: 'it's very hard to build great democratic institutions and much easier to bring them down' | Fortune

Monitoring inflation is crucial due to energy price spikes, while the job market remains challenging for young graduates amid AI advancements.
EU data protection
fromComputerWeekly.com
1 week ago

UK government lacks ambition to fight tax fraud, says PAC | Computer Weekly

The UK's PAC criticizes the government for failing to modernize technology to combat tax fraud and error, costing taxpayers billions annually.
Digital life
fromPsychology Today
1 week ago

Holding Money vs. Seeing the Numbers

Many Americans feel anxious about financial security despite positive bank balances due to a disconnect between digital money and tangible assets.
#reform-uk
UK politics
fromwww.bbc.com
3 days ago

Reform UK pledges to cut welfare to keep pensions triple lock

Reform UK plans to maintain the triple lock on pensions while proposing significant cuts to the benefits bill to offset costs.
SF politics
fromFortune
5 days ago

Congress is violating the Constitution-and a $39 trillion debt is the proof | Fortune

Most Americans and many Members of Congress lack knowledge of the U.S. Constitution, leading to significant fiscal consequences.
US politics
fromFortune
1 week ago

The Treasury just declared the U.S. insolvent. The media missed it | Fortune

The U.S. government is insolvent, with liabilities far exceeding assets and significant unfunded obligations.
Business
fromFortune
2 weeks ago

A 'debt spiral,' before a fiscal crisis: interest on the national debt will be growing faster than GDP in just 5 years, think tank warns | Fortune

By 2031, U.S. federal debt interest rates will exceed economic growth rates, triggering a self-reinforcing debt spiral where deficits cause debt to grow indefinitely.
Retirement
from24/7 Wall St.
4 days ago

3 Ways To Avoid Paying Taxes On Your Social Security Benefits

Social Security benefits may be taxed based on combined income, with low thresholds that haven't adjusted for inflation.
fromFortune
2 weeks ago

300 years of wars show they are 'always disaster times' for holders of government debt because of inflation and financial repression | Fortune

"The historical evidence reveals a striking pattern: government bonds have repeatedly generated substantial real losses during these extreme episodes. They have even underperformed equities and real estates which are traditionally regarded as risky assets."
World politics
US politics
fromFortune
1 week ago

It took 200 years for national debt to hit $1 trillion, annual interest alone now exceeds that-a 'crushing legacy we must reverse,' says budget chair | Fortune

The U.S. debt has surpassed $39 trillion, posing a significant threat to the nation's future and requiring urgent financial reform.
New York City
fromwww.amny.com
1 week ago

NYC BUDGET: City Hall approves first round of savings after Mamdani told agencies to tighten belts | amNewYork

Mayor Zohran Mamdani's administration identified over $1.7 billion in savings to address NYC's budget gap through various efficiency measures.
Retirement
fromwww.housingwire.com
6 days ago

Policy turmoil, fiscal uncertainty cause retirement hesitation

Policy uncertainty significantly impacts economic activity and household financial decisions, particularly for near-retirees and retirees.
Bootstrapping
fromEntrepreneur
3 weeks ago

Why Chasing More Revenue Won't Fix Your Financial Struggles

Pursuing revenue growth without stabilizing internal systems, costs, and processes amplifies inefficiencies and creates fragile, unsustainable businesses instead of profitable ones.
#ontario-budget
Canada news
fromwww.cbc.ca
3 weeks ago

Ford government set to deliver Ontario's latest budget on March 26 | CBC News

Ontario's March 26 budget will prioritize innovation, competitiveness, and infrastructure while maintaining fiscal balance amid a projected $13.4 billion deficit.
fromwww.cbc.ca
1 month ago
Canada news

Ontario aiming for balanced budget by 2027. But province's financial watchdog predicts target won't be hit | CBC News

Canada news
fromwww.cbc.ca
3 weeks ago

Ford government set to deliver Ontario's latest budget on March 26 | CBC News

Ontario's March 26 budget will prioritize innovation, competitiveness, and infrastructure while maintaining fiscal balance amid a projected $13.4 billion deficit.
fromwww.cbc.ca
1 month ago
Canada news

Ontario aiming for balanced budget by 2027. But province's financial watchdog predicts target won't be hit | CBC News

US politics
fromAxios
2 weeks ago

Washington ignores America's fiscal cliff

Recent policy developments are worsening the U.S. fiscal situation, with projected deficits and soaring public debt over the next decade.
#national-debt-crisis
SF politics
fromFortune
2 weeks ago

America's $38 trillion debt crisis is already here. The reckoning comes next | Fortune

Despite strong economic indicators, the U.S. faces a critical fiscal crisis with national debt projected to reach 120% of GDP within a decade, requiring urgent bipartisan reform before gradual decline becomes sudden collapse.
US politics
fromFortune
3 weeks ago

America's never had such high national debt heading into an economic shock. We need a 'break glass' plan, think tank warns | Fortune

U.S. national debt now equals 100% of GDP, the highest since World War II, leaving the country severely unprepared for the next economic crisis with limited fiscal capacity to respond.
SF politics
fromFortune
2 weeks ago

America's $38 trillion debt crisis is already here. The reckoning comes next | Fortune

Despite strong economic indicators, the U.S. faces a critical fiscal crisis with national debt projected to reach 120% of GDP within a decade, requiring urgent bipartisan reform before gradual decline becomes sudden collapse.
US politics
fromFortune
3 weeks ago

America's never had such high national debt heading into an economic shock. We need a 'break glass' plan, think tank warns | Fortune

U.S. national debt now equals 100% of GDP, the highest since World War II, leaving the country severely unprepared for the next economic crisis with limited fiscal capacity to respond.
Intellectual property law
fromFortune
1 month ago

Finance leaders divided on using potential tariff refunds-just 18% would fully roll back price hikes | Fortune

Corporate executives remain divided on tariff refund strategies and are reluctant to reduce prices despite potential cost relief from Supreme Court rulings.
US politics
fromFortune
2 weeks ago

The Trump Administration's proposed capital gains tax cut could add nearly $1 trillion to the national debt within the decade, think tank warns | Fortune

The Trump Administration is considering capital gains tax indexation that could add $170-$950 billion to the national debt by 2035, raising concerns about deficit spending amid record debt levels.
#national-debt
US politics
fromFortune
2 weeks ago

$39 trillion national debt is 'an embarrassing milestone,' think tank says. 'Clearly headed in the wrong direction' | Fortune

U.S. gross national debt exceeded $39 trillion in less than six months after reaching $38 trillion, reflecting decades of fiscal irresponsibility from both political parties with no meaningful reform efforts underway.
fromFortune
3 weeks ago
US politics

The national debt isn't $39 trillion. One economist says it's actually $100 trillion | Fortune

fromFortune
2 months ago
US politics

82% of voters want Congress to focus on the $38 trillion national debt, watchdog says: 'voters are understandably concerned' | Fortune

US politics
fromFortune
2 weeks ago

$39 trillion national debt is 'an embarrassing milestone,' think tank says. 'Clearly headed in the wrong direction' | Fortune

U.S. gross national debt exceeded $39 trillion in less than six months after reaching $38 trillion, reflecting decades of fiscal irresponsibility from both political parties with no meaningful reform efforts underway.
fromFortune
3 weeks ago
US politics

The national debt isn't $39 trillion. One economist says it's actually $100 trillion | Fortune

fromFortune
2 months ago
US politics

82% of voters want Congress to focus on the $38 trillion national debt, watchdog says: 'voters are understandably concerned' | Fortune

New York City
fromwww.amny.com
2 weeks ago

Editorial | NYC spends too much money. It's time to get things under control. | amNewYork

New York City faces a $7.3 billion budget deficit over two fiscal years due to chronic overspending relative to revenue, with structural imbalances threatening municipal bond ratings.
fromTheregister
1 month ago

UK Treasury unsure about joining 1.7B program it is funding

In principle, all the departments are supportive of the Shared Services Strategy. However, HM Treasury and the Department for Education (DfE), who currently have modern ERPs and are both in the Matrix cluster, have indicated they would welcome more information through the business case about likely costs for them before they assess that onboarding is feasible and value for money.
UK politics
fromIrish Independent
3 weeks ago

Revenue urges taxpayers to claim back money they are owed via MyAccount

So far this year, Revenue has paid out €637m in tax refunds to well over half-a-million taxpayers. Average refunds are nearly €1,000 for this year, new figures show, but more money is likely to be available to more PAYE workers. People got money back because of their employers taking too much income tax and for claims for tax reliefs like spending on GPs and prescriptions.
Retirement
SF politics
fromFortune
1 month ago

Nationwide voter revolt over property taxes collides with reality that every other revenue source has been slashed already | Fortune

Multiple states are pursuing property tax cuts during election years, facing resistance over impacts on local government and school funding, reminiscent of California's 1978 Proposition 13.
fromwww.bbc.com
1 month ago

Higher tax helped UK government reach record January surplus

A surge in capital gains tax, employers' National Insurance contributions and a boost in income tax receipts helped buoy the government's finances last month. An uptick in tax receipts, which far outstripped spending, created a 30.4bn surplus in January. The Office for National Statistics (ONS) said it was the highest surplus in any month since records began in 1993, without adjusting for inflation, and nearly double last January's 15.4bn figure.
UK news
UK politics
fromLondon Business News | Londonlovesbusiness.com
1 month ago

Fiscal drag caused by the freezing of personal allowances impacting people's finances - London Business News | Londonlovesbusiness.com

Chancellor Rachel Reeves' policies raise concerns about cost of living impacts despite claims of £1,000 annual improvement, with frozen tax thresholds until 2030 potentially offsetting gains.
#federal-deficit
fromFortune
3 weeks ago
US politics

The U.S. borrowed $50 billion a week for the past five months, finds the CBO: 'Our fiscal problems will not solve themselves' | Fortune

fromFortune
3 weeks ago
US politics

The U.S. borrowed $50 billion a week for the past five months, finds the CBO: 'Our fiscal problems will not solve themselves' | Fortune

UK politics
fromLondon Business News | Londonlovesbusiness.com
1 month ago

There is 'little sign that the government's economic plan is working' - London Business News | Londonlovesbusiness.com

The government's economic plan shows deteriorating growth forecasts and rising unemployment, with energy price surges threatening interest rates and fiscal targets despite marginal improvements in fiscal headroom.
Retirement
fromIndependent
4 weeks ago

Sarah Carey: Stupid taxes on small-time savers like me need to go if Simon Harris wants us to part with our cash

Middle-Ireland faces financial instability due to political neglect, prompting frustration with a system that excludes ordinary citizens from economic opportunity.
fromwww.theguardian.com
1 month ago

Boring or bust: Reeves aims to project calm competence in spring budget

Like [Keir] Starmer, the chancellor is also fighting for her political life whether because the prime minister himself falls, or chooses to move his chancellor in a reset reshuffle. Against that backdrop, Reeves hopes to project calm and competence next week, after a tumultuous 18 months.
UK politics
UK news
fromBusiness Matters
1 month ago

Record January surplus boosts public finances as tax receipts surge

Britain posted a record monthly budget surplus of £30.4bn in January driven by rising tax receipts and lower debt interest costs.
from48 hills
1 month ago

The real story behind Muni's budget deficit - 48 hills

Despite some idealistic intentions, that framework is in fact what put Muni in the financial hole in the first place. Working from a scarcity mindset, namely trying to preserve an already pilfered service, is a losing battle. To guarantee the service that citizens and workers expect from a city like San Francisco requires a committed vision of the future, one that centers Muni as the public good that it is.
SF politics
Major League Baseball
fromTalkNats.com
1 month ago

It's all about the money..... and the lack thereof! | TalkNats.com

MLB's revenue-sharing model and absence of a salary cap produce low profitability, encourage cost-minimizing ownership, and require CBA reforms for competitive balance.
Philosophy
fromFast Company
1 month ago

Are you morally obligated to pay taxes?

Obeying laws and paying taxes is morally justified by civic duty, tacit consent, prevention of social harm, and benefits received from legal order.
Miscellaneous
fromIndependent
2 months ago

Revenue told Government not to tell public about lucrative tax loophole

A tax loophole enabling wealthy individuals to transfer valuable life assurance policies tax-free was quietly closed during last year's budget.
#california-budget
fromDefector
2 months ago

It's Nice To Have A Process, But It's Better To Have Money | Defector

This is not an argument against continuing to line things up just so, of course. It just means that the very orderly person will over time become a very familiar face to the people at The Container Store, to the point where they might remark to each other during their breaks about having seen him, again, purchasing more of those stackable, breakable containers that he's always getting.
New York Mets
US politics
fromwww.independent.co.uk
1 month ago

IFS warns UK faces tax hikes or cuts to public services in bid to hit defence target

UK government must choose between tax increases or public service cuts to meet NATO's 3.5% defense spending target, requiring an additional £35 billion annually.
Growth hacking
fromEntrepreneur
2 months ago

These 6 Budgeting Moves Matter Most in 2026

Flexible, living budgets and rapid micro-tests let founders reallocate spending, seize growth amid uncertainty, and favor focused offers and retention over rigid, large-scale bets.
UK news
fromBusiness Matters
2 months ago

Government borrowing falls on income tax windfall, but pressure on public finances remains

Government borrowing fell to £11.6 billion in December due to strong tax receipts, but public sector debt remains high at 95.5% of GDP.
#uk-public-finances
US politics
fromFortune
1 month ago

The 'alternative scenario' of an even bigger national debt disaster is in play after the Supreme Court ruled Trump's tariffs illegal | Fortune

Supreme Court invalidated major Trump tariffs, removing tariff revenues and potentially raising federal deficits and national debt toward 131% of GDP by 2036.
UK politics
fromwww.bbc.com
1 month ago

Reeves fixated on 'dysfunctional' borrowing rules, says IFS

The IFS urges replacing rigid single-number fiscal rules with a broader 'fiscal traffic lights' framework to reduce gaming and dysfunctional policymaking.
Retirement
fromBustle
1 month ago

Why You Should Avoid Strict Budgets At All Costs

Overly strict budgets often cause deprivation and eventual overspending; a flexible, intentional budgeting approach that tracks spending and aligns with priorities supports long-term saving.
US politics
fromFortune
1 month ago

'Nothing short of self-sabotage': Watchdog warns about national debt setting new record in just 4 years | Fortune

U.S. national debt will rise to 120% of GDP by 2030, surpassing the World War II peak and severely constraining fiscal flexibility.
UK politics
fromTheregister
1 month ago

The UK government isn't spending much taxpayer cash on X

Most UK government departments ceased paid spending on X since July 2024, while the Department for Education spent £27,118.
fromwww.aljazeera.com
2 months ago

Will eliminating fraud clear the US national deficit as Trump claims?

US president says massive' fraud has caused budget imbalance, but calculations do not support this. United States President Donald Trump has claimed that unearthing and ending fraud nationwide would eliminate the country's deficit. In particular, Trump has highlighted alleged public services fraud by Somalis in Minnesota and also said there is fraud in many other places. If we stop this fraud, this massive fraud, we're going to have a balanced budget, Trump said on Tuesday during a speech at the Detroit Economic Club.
US politics
US politics
fromFlowingData
1 month ago

Tariff revenue is nowhere close to enough

A unit-square visualization shows claimed tariff revenues cannot cover added governmental expenses as billion-dollar squares exceed available funds.
UK politics
fromwww.bbc.com
2 months ago

Tax and spending plans to be revealed in Scottish Budget

Scotland's 2026-27 Budget requires tough choices to balance funding, prioritize NHS and public services, and address cost of living, economy, and climate within limited resources.
UK politics
fromwww.theguardian.com
1 month ago

Lib Dems plan to scrap Treasury for new department for growth'

The Liberal Democrats propose replacing the Treasury and Department for Business with a Birmingham-based Department for Growth to pursue a long-term national economic strategy.
US politics
fromFortune
1 month ago

A U.S. 'debt spiral' could start in coming years when the interest rate on government borrowing exceeds economic growth, budget watchdog says | Fortune

Publicly held federal debt will rise from about 100% of GDP to over 106% by 2030 and 120% by 2036, driven by rising interest costs.
fromwww.bbc.com
1 month ago

County council facing 'effective bankruptcy'

"If we don't get what we need [in terms of extra government help] then a Section 114 Notice will come in, which is effective bankruptcy. We'd then get administrators come in, in effect - they'd then make a plan for where the money gets spent in Worcestershire. It would be a catastrophe. We're going to have to halt projects that were put into the budget by the previous administration, things that maybe were 'nice to have', but we can't afford them."
UK politics
US politics
fromwww.aljazeera.com
1 month ago

CBO: US Federal deficits and debt to worsen over next decade

U.S. federal deficits and debt are projected to rise substantially over the next decade due to increased spending, higher debt service, tariffs, and immigration policies.
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