Keyword "Federal Budget" - List of latest news (428 results)

17/04 Army head asks for extra attention to the discharge of spending on defense of other countries

In the evaluation of General Tomás Paiva, the national defense must be prepared to face “hybrid, diffuse and multidimensional threats” ”

16/04 Why a soak-the-rich tax hike is a disaster — for the economy and for Trump

From President Kennedy to President Reagan, the most successful periods of economic expansion in American history followed significant reductions in tax rates.

13/04 Key question next PM must answer

Peter Dutton and Anthony Albanese went all out over the weekend, announcing major cost of living relief for millions of Australians.

13/04 Why Elon Musk Hasn’t Come Close to Finding $1 Trillion in Cuts

He seems to be realizing something that budget nerds have long known.

11/04 ‘Reconciliation’ time: House and Senate GOP face the gritty work of spelling out the ‘big, beautiful bill’

It took some last-minute assurances from Speaker Mike Johnson, but the House on Thursday voted to move ahead with the “big, beautiful bill.”

10/04 Live Count: The House Votes on the Republican Budget

The House is preparing to vote on the Senate’s budget blueprint, a first step towards passing President Trump’s plans for spending and tax cuts.

10/04 House Budget Resolution Vote: What’s Changed

The new resolution calls for more tax cuts and fewer reductions in spending. It would increase the federal debt by a lot more.

09/04 ‘Australian nightmare’: Crisis we can’t ignore

Whether you’re for it or against it, it’s undeniable that by virtually any metric, Australia is in the midst of an unprecedented experiment with mass immigration.

04/04 Alarming interest rate prediction emerges

ANALYSIS

03/04 ‘No big ideas’: Expert slams election campaign

A major polling firm director has deemed the first week of Australia’s federal election campaign “horrific”, suggesting no “big ideas” had been put forward.

03/04 Karl Stefanovic’s insanely lavish expenses revealed

EXCLUSIVE

02/04 Aussies rebel against ‘extortionate tax’

OPINION

30/03 Musk and DOGE to visit CIA to discuss cost-cutting: report

CIA Director John Ratcliffe personally invited the world’s richest man — who heads up the Trump administration’s Department of Government Efficiency — to “meet with hi…

27/03 Budget recap as election fever hits

Kicking off his official run for a second term as prime minister, Anthony Albanese appeared to tear up as he paid tribute to his late mother while vowing to fight for “Australian values”.

27/03 Sharp Shooting: Packer’s latest heartbreak, silence over Karl Stefanovic’s no-show

OPINION

26/03 Charity’s $300k ‘consultant’, film bill revealed

Australia’s peak endometriosis charity spent a little more than 10 per cent of the more than $1m they were given in donations and government grants on research, splashing almost $350,000 on consultants and film production instead.

25/03 ‘Downright weird’: Deep flaw with tax cuts

Analysis

24/03 Chalmers spruiks $207bn debt improvement

Labor will champion a $177bn reduction in gross debt it has achieved in its first term of government when Jim Chalmers hands down his fourth budget on Tuesday, despite rolling deficits forecast for the next decade.

22/03 Albo announces latest cost-of-living measure

Households will get $150 off their power bills over the next six months, under an extension of the current energy rebate.

20/03 Commission approves Budget Report that provides R $ 15 billion of surplus and turbine Vale-Gás

Opinion of the rapporteur Angelo Coronel (PSD-BA) foresees a primary surplus of R $ 15 billion this year; Text follows for appreciation in the joint session of Congress

17/03 Current Policy Baseline: The Budget Trick That Could Make Tax Cuts Look Free

A maneuver so wonky that it might be best explained with sports cars and anime streaming.

13/03 How America’s biggest allies are attempting to fight Donald Trump’s tariff war

Donald Trump pushed an aggressive new brand of nationalism in his bid to reclaim the Presidency. As soon as he was inaugurated, countries around the world braced for what was to come.

09/03 Doge: Elon Musk's risky plan to cut millions in federal spending and close buildings in Florida

The Government Efficiency Department (Doge) seeks to close federal buildings in Florida to reduce federal expenditure, generating concern about its impact on services and jobs.

04/03 The Big Government Contracts DOGE Hasn’t Touched

By not targeting major sources of spending like defense, the group has had a minimal impact on the federal budget so far but a big effect on many small companies.

04/03 Forget ‘baloney’ budget claims — I’m voting to break feds’ debt addiction

The reckless addiction to overspending in Washington has real-life consequences for NY families: ever-increasing taxes, record inflation and a constantly rising cost of living. Time to stop it for …

26/02 How the House Voted on the Budget Blueprint

House members voted 217 to 215 to approve a budget resolution, a critical step toward passing much of President Trump’s legislative agenda.

25/02 The House Wants to Pass Trump’s Agenda in One Big Bill. Here’s What’s in It.

The G.O.P. bill would extend tax cuts and almost certainly make big reductions to programs serving the poor. Passing it may be hard, though.

15/02 Republicans need to make tough choices to save the Trump tax cuts

To get any budget items passed, GOP lawmakers — and President Donald Trump himself — will need to accept compromises.

04/02 ’National emergency’: ‘Fixation’ costs Aussies

The Albanese government has been slammed for not doing enough to reduce energy prices, which the Independent Food Distributors Australia says are “out of control” and contributing to the rising food prices by focusing too much on renewables.

29/01 Trump administration reverses federal loan, grant freeze after uproar

The instructions resulted in confusion about what programs were affected.

29/01 Which Federal Programs Are Under Scrutiny? The Budget Office Named 2,600 of Them.

The Trump administration ordered temporary freezes in funding for programs spanning virtually every part of the government. Here’s the full list.

28/01 2025 Republican Policy Proposals: Immigration, Taxes and More

208 policies that could become part of the congressional agenda this year.

28/01 Put American patients first and drain the health-care behemoth’s wasteful costs

DOGE won’t make much progress without lowering the rampant costs of the US health-care system, because an astounding 48% of federal expenditures are devoted to health-care outlays.

26/01 Sign ‘devastating’ Aussie trend is back

News that iconic Aussie music festival Splendour in the Grass will not return to Byron Bay for the second year in a row has sparked fears of a growing trend — festival-cancelling season is back.

26/01 ‘Underestimated’: Underdog PM insists he can win the next election

Anthony Albanese has declared he’s been “underestimated” for his entire political career, insisting he can win the next election as he refused to rule out further income tax cuts.

14/01 Haddad: Treasury will disclose impact of income tax exemption for two minimum wages and indicate compensation

According to the minister, Revenue is carrying out studies on the income reform proposal, which should be sent to Congress after the election of the new boards of directors of the Chamber and the Senate

04/01 Ex-Lindner consultant criticizes the fuel discount in retrospect

At least the price reduction at the gas pumps wasn't particularly expensive, says Christian Lindner's former economic advisor. He has repeatedly seen draft laws that lack the necessary level.

03/01 Stephen Moore: The debt ceiling is a federal budget fire alarm — and Trump should embrace it

Giving Congress an unlimited credit card will only accelerate the ruinous fiscal path we’re on — but if Trump is serious about shrinking government, he can use the debt ceiling as a negotiating too…

31/12 Congress must make a Social Security resolution in 2025 — and Elon Musk can help

Donald Trump has said many times he won’t allow cuts to Social Security, but by doing nothing — or worse, adding to the program — Congress is forcing cuts, and drastic ones.

25/12 Washington pols trim their ‘Christmas tree’ with outrageous tax-funded goodies

Perhaps Vivek Ramaswamy and Elon Musk can do something about the misspending that has led to an unsustainable $36 trillion debt — but DC is not called “the swamp” for nothing.

23/12 Dems in disarray, Europe’s war on Christmas and other commentary

“Challenging days” are here “for Democrats ahead of Donald Trump’s return to the White House” following November’s election, note The Wall Street Journal’s John McCormick, Catherine Lucey & Sio…

21/12 Even though Trump wanted to "kill" the bill, the representatives accepted the federal budget

A last-minute compromise.

21/12 ‘Forgotten crises’: Australia must act now

OPINION

20/12 Haddad says that the package is the 1st wave of the adjustment and that Congress dehydrated R$ 1 billion of the expected economy

Minister of Finance says that proposals reflect consensus between the Executive and Legislative and that it would not make sense to wait until March to send a 'more robust' project to rebalance public accounts

20/12 Congress leaves vote on the Budget for 2025 pending amendments and impact of the package, says rapporteur

The Legislative Summit decided to postpone analysis of the budget law, but behind the scenes some Planalto organizers are still asking for a vote; Pacheco says the hammer will be hit this Friday

20/12 Elon Musk overreaches, upstages Donald Trump

Comment

20/12 GOP’s budget revolt a hopeful sign of fiscal sanity — but it’s just a start

The house has yet to pass a budget after Speaker Johnson’s first proposal was heavily criticized by President-elect Donald Trump and Elon Musk.

19/12 Lula government gets 18 votes from PL to approve PEC, but loses support from PSOL and PT; see votes

Proposal approved by the Chamber this Thursday is part of the spending cut package sent by the Executive to Congress

19/12 Chamber rejects blocking of mandatory amendments to Haddad's package and approves end of DPVAT

Deputies approve amendment that authorizes blocking of only non-binding amendments, such as committee amendments; text goes to the Senate

18/12 Congress rejects cuts in amendments, increases party fund readjustment and opposes tax package

Parliamentarians approve law that guides the 2025 Budget against the cost cutting package proposed by the Lula government

16/12 Government pays R$7 billion in amendments to unlock fiscal package; Congress pressures and wants more

Palácio do Planalto expects to vote on the budget and spending cuts this week, but is still negotiating the payment of commission amendments, heirs to the secret budget

14/12 Veteran costs tipped to worsen budget deficit

Australia’s next budget update will show billions in additional spending as the government flags “paying veterans what they owe”.

14/12 Elon Musk’s future-forward energy is forging a new Trump brand of populism

Elon Musk is the paladin of a future ripped from the covers of paperback science-fiction novels circa 1950s — and with Donald Trump he’s putting the GOP on an optimistic, can-do path.

14/12 Government announces release of R$7.66 billion in amendments; resources will be available on Monday

The Executive is under pressure to accelerate transfers for works chosen by deputies and senators to be able to approve projects of interest to them in the Legislature

12/12 Elon Musk reaches unprecedented level of wealth

COMMENT

11/12 765,000 euros for a ten-page document – ​​Court of Auditors criticizes budget spending

The Federal Audit Office judges that the federal government's budget management is inadequate. It is a mystery what benefit consulting contracts sometimes worth millions would have. The expert criticizes that the design of the federal budget is “largely petrified”.

10/12 Government publishes ordinance to unlock amendments in battle to vote on its projects in Congress

Payment of amendments became a more politically sensitive issue after decisions by the STF to suspend disbursements

10/12 Team effort: Americans are brimming with DOGE cost-cut ideas for Musk and Vivek

Elon Musk and Vivek Ramasamy aim to halt hundreds of billions of dollars of government waste and fraud — and the two have asked ordinary Americans to help them find it.

10/12 Government will issue ordinance allowing payment of R$6.4 billion in parliamentary amendments

PT management is also working on text to regularize the transfers of so-called Pix amendments

05/12 Fiscal package: Chamber approves urgency of the project with triggers for framework and block for amendments

Complementary bill integrates a set of measures to contain expenses presented by the economic team last week

30/11 Putin signed the law on the federal budget for 2025-2027

Russian President Vladimir Putin signed the law on the federal budget for 2025.

12/11 PT and other left-wing parties sign manifesto against pressure for cuts while Lula decides

President of the PT, deputy Gleisi Hoffmann, signed a letter on behalf of the party with text criticizing demands for changes in benefits linked to the minimum wage and in the health and education floors

09/11 Government leaves announcement of spending cut package for next week and puts pressure on Haddad

Round of meetings throughout the week with ministers from the areas that would be targeted by measures increased resistance, leading to the risk of dehydration of the package expected to rebalance public accounts

30/09 The Russian Federation budget for 2025 is extremely militaristic. How will the war be paid for? And what damage will these expenses cause to the country? — Meduza

On September 30, the Russian government submitted a draft federal budget for 2025–2027 to the State Duma. The main thing about it is another increase in military spending.

28/09 Ten billion euros are flowing from Germany into international climate projects

Germany has made ten billion euros available to other countries in 2023 to finance climate protection and adaptation projects. Overall, the contribution remains at the 2022 level.

27/09 Wuhan’s latest disaster, cop critics’ crime hypocrisy and other commentary

“All the troubles in the world apparently lead back to Wuhan,” muses National Review’s Jim Geraghty.

25/09 Stop risky research, Congress dodges hard decisions and other commentary

The Risky Research Review Act, now before the Senate, “could finally require independent oversight” around risks like gain-of-function research, note Bryce Nickels & Jay Bhattacharya at RealCle…

25/09 Biden-Harris irresponsible legacy: Debt is 100% of GDP, highest since WWII

For the first time since the end of World War II, the federal debt will top 100% of the gross domestic product.

24/09 If ‘forgotten money’ cannot compensate for the exemption, we will return to the STF, says nº 2 of the Treasury

Durigan says that the economic team will not give up on including in the fiscal target the R$8.6 billion forgotten in banks by individuals and companies, as provided for by law already sanctioned; BC is against

22/09 Aus to lower gross debt by $17bn

Australia has slightly reduced its debt position by $17 billion about four months after the federal budget in a move that will save Aussies a whopping $80 billion in interest.

21/09 Government surprises and reduces spending restraint in this year's Budget by R$ 1.7 billion; understand

Total frozen spending went from R$15 billion to R$13.3 billion

04/09 The capitulation of the Supreme Court

Aware of the STF's weakness in imposing its decisions before the power of Congress to make amendments to the Budget, the President of the Court, Luís Roberto Barroso, resigned

20/08 Kamala Harris’ $1.7T spending plan exposes her pixie-dust fiscal policy

Someone must have mentioned “return on investment” to her in a policy briefing — and now Harris apparently thinks she’s the Warren Buffett of deficit spending. 

19/08 Germany will transfer two more IRIS-T systems to Ukraine

The German government has denied rumors that financial aid to Ukraine will be limited next year due to domestic political considerations and problems with the federal budget.

17/08 “That’s just the way it is,” says Habeck about the billion-dollar gap

The renewed agreement between the SPD, the Greens and the FDP on a draft budget for 2025 has caused relief - despite an existing gap of twelve billion. Vice Chancellor Robert Habeck wants to save another three billion euros - and comments on this casually.

05/08 “Where is Scholz? The traffic light is falling apart – and the Chancellor is on vacation.”

After two reports, Finance Minister Lindner is calling for renegotiations for the 2025 budget. There is a dispute in the traffic light coalition - but without Olaf Scholz. The Chancellor is on vacation. The CSU finds this “disrespectful” and “unbearable”.

05/08 “Debt populism by the SPD and the Greens is becoming increasingly unbearable,” complains the FDP

Finance Minister Lindner still sees a gap of around five billion euros in financing the 2025 federal budget. The coalition leaders should renegotiate. The coalition partners SPD and the Greens criticize this sharply. The FDP counters.

03/08 “Exceeds the limit of what is tolerable” – Esken reprimands Lindner after the budget report

Sharp criticism of Christian Lindner: The Finance Minister's report on the federal budget considers “further discussions” within the government to be necessary. The CDU complains that Lindner “once again allowed himself to be led behind the wheel by the Chancellor.” The SPD and the Left also have their say.

24/07 Union Budget 2024: Big announcement in the budget... 1 crore youth will get an allowance of Rs 5000 every month!

In Budget 2024, Nirmala Sitharaman said that youth will be given training in top companies of the country, for which these youth will be given a monthly allowance of Rs 5000 every month.

22/07 PSU Stock Rally: These 15 PSU stocks became rockets 24 hours before the budget, see- which shares do you own?

After the presentation of the Economic Survey and the Prime Minister's speech, shares of government companies rose rapidly in the stock market. A spectacular rise was seen in shares from defense sector to renewable energy sector.

19/07 Economists see Haddad's announcement as positive, but already anticipate the need for a new freeze

Analysts assess that the containment announced by the minister shows commitment to the target, but they believe that the government will have to reinstate expenses

18/07 Demagoguery as nature

After posing as responsible, Lula once again attacks the fiscal target, saying that it will only be met if there are no ‘more important things to do’. Once again, firefighter Haddad worked

11/07 Haddad: ‘R$26 billion in cuts and R$17 billion in compensation are essential to balance the Budget’

Minister says there are proposals to bring forward expense reduction measures this year to compensate for the relief from labor charges for companies and city halls

08/07 “The commandment of justice” - Lindner rejects criticism of the planned tightening of citizens' money

The finance minister defends the new measures for citizens' benefit recipients that the traffic light government decided on as part of the budget agreement. Criticism of the agreement, which, among other things, provides for faster cuts, came from the SPD and the Greens.

22/06 “60 to 70 percent of those who come to us have a right to protection”

Lower Saxony's Prime Minister Weil (SPD) is calling for a “realistic work program” from the traffic lights. This includes “absolutely” climate protection – but with “manageable” measures. In the budget dispute, he declared Lindner's course to be "dangerous". He warns against a course of “harassment” towards asylum seekers.

13/06 Germany forgave these countries billions in debt

Since the turn of the millennium, Germany has canceled more than 15 billion euros in debt for a total of 52 countries. Some of the liabilities date back to the 1980s. It is now also known how high the outstanding debts currently are.

12/06 Clarification on contract assignments in Baghdad

Al-Sumaria News - Local: Today, Wednesday, Baghdad Governorate issued a clarification regarding contract appointments in the federal budget.

10/06 'Game changing' federal funding is chance to finally start fixing homelessness in the NT, advocates say

Despite having the greatest need for funding in Australia, with a homelessness rate 12 times the national average, the NT has persistently not received enough Commonwealth money because of its small population. But in May, that changed.

06/06 Kurdish MP: The region’s share in the budget is fair and we are happy to see it passed

Al-Sumaria News - Politics The representative of the Kurdistan Democratic Party bloc, Sharif Suleiman, described today, Thursday, the Kurdistan region’s share in the federal budget as fair, indicating that prior political agreements decided its passage.

05/06 “I have never experienced such an outburst in the group under Merz.”

Friedrich Merz sees his parliamentary group as a bulwark against the weakening of the debt brake. Of all people, one of his most important colleagues now publicly questioned this. The CDU leader reacts in an unusually brutal manner. But why?

28/05 Biden’s all-of-government vote-buying scheme makes a mockery of democracy

Look at the billions of taxpayer dollars President Biden is pouring into “community organizations” in “disadvantaged communities” to tip the election scales.

28/05 Australians are feeling cautious when it comes to spending. But that could soon change

While the cost of living crisis continues in Australia, there is some relief on its way from July. 

28/05 New 'super bull' commodities phase could dramatically change budget outlook

Economists are predicting the price of Australia's most valuable export, iron ore, to remain much higher than government forecasts, meaning there could be a lot more money to spend in the next federal budget.

21/05 Why the states and territories are clashing with the federal government over the NDIS

As a parliamentary hearing kicks off into draft legislation paving the way for changes to the NDIS, a governmental stoush has re-emerged. Here's what's going on.  

20/05 'We can't survive': Pleas to the treasurer for help on housing and cost of living

Treasurer Jim Chalmers stands firm on Q+A in the face of direct appeals to do more to make the property market fairer and lift people out of poverty.

19/05 Full details of the voting session on the 2024 budget tables

Today, Sunday, Prime Minister Muhammad Shiaa Al-Sudani chaired an extraordinary session of the Council to discuss the schedules of the federal general budget for the year 2024, and while voting on the schedules was completed, he agreed to re-announce the investment opportunity to implement the Baghdad metro project and the Najaf-Karbala train.

17/05 Tax estimate: gap in the federal budget is smaller than expected

Internal figures from the Federal Ministry of Finance show the new tax estimate in a slightly different light. The budget will be hit less hard than expected. Why is that?

15/05 A ministerial meeting to discuss the mechanism for transferring the region’s budget allocations

Alsumaria News - Economy A number of ministers and deputy ministers held a ministerial meeting today, Wednesday, to review the schedules of the federal general budget for the year 2024, including discussing the transfer mechanism for the Kurdistan region’s allocations in the budget.

14/05 “Anyone who talks about laziness no longer has everything on the fence,” says Scholz

Should Germans work more? In an interview, SPD Chancellor Olaf Scholz criticizes a “certain elite” who, in his opinion, speak disrespectfully towards employees. There are many reasons for working part-time, it has nothing to do with laziness.

13/05 If freedom is “under pressure”, the “debt brake must be put to the test”

Budget planning for 2025 is the federal government's new controversial topic. The SPD and the Greens reject a paper from the FDP. Chancellor Scholz, SPD, emphasizes that social cohesion should not be questioned. Notz's green parliamentary group vice-president is also clear.

12/05 How long can federal budgets keep ignoring a deeper truth?

How long can federal budgets keep ignoring a deeper truth about economics? Without a healthy natural world, human societies won't flourish.

07/05 Treasurer flags welfare measures in next week's budget

Next week's budget will see an increase in welfare payments, Treasurer Jim Chalmers reveals, while warning the government needs to be careful about what it can afford.

05/05 Labor reveals shocking DV truth

The government is remaining tight lipped on what else it might do in this month’s federal budget to address domestic violence, as it comes under increasing pressure to deliver on existing promises.

05/05 Budget’s biggest focus revealed

Labor has declared inflation the “primary focus” of this month’s federal budget, as the government walks the tightrope of lowering cost of living pressures while putting downward pressure on the bottom line.

25/04 Australia tops global income tax surge

Australians’ personal income tax burden, already among the highest in the world, grew faster than any other advanced economy last year, as bracket creep fuelled record Commonwealth tax collections.

24/04 The government wants a future 'made in Australia'. The productivity commissioner isn't convinced

While Anthony Albanese says we're in a "race for jobs" with other countries offering big government subsidies and can't afford to be "left behind", Productivity Commissioner Danielle Wood isn't sure it's a race we should even be in.

23/04 ‘Prioritise women’s safety, not submarines’: Nation’s plea after Molly Ticehurst’s alleged murder

In the past 23 days, 10 Australian women have been killed allegedly at the hands of a male perpetrator. That’s an average of one every 48 hours.

22/04 Chalmers flags student debt support

Students and recent graduates saddled with ballooning debts and those partaking in placements for subjects like teaching and nursing are in line for relief in the upcoming federal budget.

21/04 Volatile global conditions cast shadow over budget

Heightened tensions in the Middle East and fears over China’s economic downturn have led Australia to make cuts to its international economic forecasts, with Treasurer Jim Chalmers warning of a “fraught and fragile” global outlook ahead of the May budget.

18/04 Opinion | What Would the Economy Look Like Under a Second Biden Term?

In all likelihood, it would amount to more of the same. We could do worse.

17/04 Schulze is resisting further cuts in the development budget

There were already savings in development aid last year - there is now a risk of further cuts. Svenja Schulze doesn't want to accept that. “We actually need to apply the debt brake,” says the Federal Development Minister.

17/04 The Federal Audit Office’s appeal for austerity

The government's most important financial advisors see Germany in a serious situation. Expenses are rising, but higher income is not in sight. The experts see potential particularly in taxes. But there is still more scope.

16/04 NASA Seeks ‘Hail Mary’ for Its Mars Rocks Return Mission

The agency will seek new ideas for its Mars Sample Return program, expected to be billions of dollars over budget and years behind schedule.

14/04 Green subsidies no ‘free for all’: Chalmers

Proposed green manufacturing subsidies will not be a “free for all”, Treasurer Jim Chalmers says, as the Albanese government faces criticism over the policy by its own hand–picked Productivity Commission boss.

04/04 Biden Takes Aim at SpaceX’s Tax-Free Ride in American Airspace

President Biden wants companies that use American airspace for rocket launches to start paying taxes into a federal fund that finances the work of air traffic controllers.

04/04 Angus Taylor ties himself in knots over an airstrike as the Coalition tethers itself to Israel

The Coalition have clearly decided they are backing the Israeli government all the way. But this has left them seemingly unable to condemn actions that led to the death of an Australian aid worker.

03/04 ‘Long term’: Albo drops new budget hint

Anthony Albanese will drop a new budget hint on Thursday, when he delivers a fresh call to the country’s small businesses to build more for Australia.

01/04 How Patty Murray Used Her Gavel to Win $1 Billion for Child Care

A self-described “mom in tennis shoes,” now the Senate Appropriations Committee leader, managed to win an increase in child care subsidies in a spending freeze.

30/03 ‘In a hole’: Barefoot Investor on housing crisis

Barefoot Investor Scott Pape has addressed criticism over his comments about how Australia’s immigration intake was impacting the housing market.

29/03 Opinion | The Great Tension Inside the Trump G.O.P.

How long can a populist party support a libertarian Congress?

27/03 Another brewery on the brink of collapse

A popular brewery is on the brink of collapse after racking up a hefty debt and has had to call in administrators.

25/03 DEI is destroying America, why the classics are back and other commentary

“Diversity/equity/inclusion” is the common thread behind “America’s current crises,” argues Victor Davis Hanson at American Greatness. DEI has “birthed” resurgent crime and antisemitism.…

25/03 Biden, Promising Corporate Tax Increases, Has Cut Taxes Overall

President Biden has called for $5 trillion in new taxes on corporations and high earners. But his record so far is as a net tax cutter.

23/03 Biden Signs Final Bill to Fund the Government, Ending Shutdown Fears

The president signed a $1.2 trillion spending package that passed early on Saturday morning, narrowly avoiding a shutdown.

23/03 The Far Right Lost Badly and Wants Its Revenge

Bipartisan spending legislation approved by Congress represented a major defeat for ultraconservatives, who immediately turned on Speaker Mike Johnson.

22/03 Enraged Over Spending Bill, Greene Threatens to Oust Johnson

The hard-right Georgia Republican called the $1.2 trillion legislation an “atrocious attack on the American people” and said the speaker had betrayed his G.O.P. colleagues.

22/03 Trump Would Break the Budget

No one is talking enough about one of the most important policy choices at stake in this election.

22/03 Congress Races to Pass $1.2 Trillion Spending Bill Before Shutdown Deadline

A surge of conservative Republican anger about the bipartisan package threatened to derail the measure as lawmakers in both chambers worked to avoid a funding lapse.

22/03 Congress Races to Pass $1.2 Trillion Spending Bill Before Shutdown Deadline

A surge of conservative Republican anger about the bipartisan package threatened to derail the measure as lawmakers in both chambers worked to avoid a funding lapse.

21/03 Leaders Release $1.2 Trillion Spending Bill as Congress Races to Avert Shutdown

The bipartisan bill emerged one day before the federal funding deadline, and it was not clear whether Congress could complete it in time to avoid a partial shutdown after midnight on Friday.

21/03 How new regions paid taxes in 2023

From 2023, businesses and individuals in new regions are required to comply with Russian tax legislation. Read about the structure of tax revenues at the end of the year in these four regions in the RBC material

20/03 Details of $1.2 Trillion Spending Bill Emerge as Partial Shutdown Looms

Tucked inside a massive measure to fund the government through the fall are several initiatives sought by members of both parties. Aides are still writing the legislative language.

20/03 U.S. Debt Races Toward Record This Decade, C.B.O. Warns

Recently passed spending limits have slightly improved the nation’s fiscal outlook.

19/03 Congressional Leaders Strike Deal on Final Spending Bill Ahead of Shutdown

Lawmakers resolved disputes over Department of Homeland Security funding, paving the way for an agreement. But they may still be unable to meet a Friday deadline to avert a brief partial shutdown.

18/03 Al-Sudani chairs a meeting regarding the 2024 budget schedules

Al-Sumaria News - Politics Prime Minister Muhammad Shiaa Al-Sudani chaired, today, Monday, a special meeting regarding the federal general budget schedules for the year 2024 and continuing to support the government program priorities.

15/03 Opinion | Social Security and Medicare Are on the Ballot

Biden has a plan. Trump doesn’t but could wind up gutting those programs.

14/03 Popular brewery on brink of collapse

A popular Australian brewery is on the brink of collapse as restructuring practitioners urgently look for a buyer or a way to turn its fortunes around.

14/03 Stop whinging Albo demands of premiers

Prime Minister Anthony Albanese has rejected claims that Queensland and NSW are being swindled in the cash carve up of Australia’s $89.5bn GST pool.

13/03 Israel’s new Ben-Gurions, Joe’s perilous Pentagon cuts and other commentary

On Oct. 7, “ordinary Israelis left their offices, closed their laptops, and abandoned their fields to pick up weapons, in many cases without waiting for instructions,” said The Free Press’ Bari Wei…

13/03 Chalmers issues budget warning

Households hoping for additional cost of living relief in the May budget could be disappointed with Treasurer Jim Chalmers set to hose down expectations of cash splash due to weaker revenue windfalls.

12/03 Biden may be losing voters but he sure knows how to buy them back

President Biden’s weaknesses are obvious, but his $7.3 trillion budget proposal this week and State of the Union address Thursday are reminders of just how tough he can be.

11/03 Biden Calls For Higher Taxes On Corporations and The Wealthy

The budget, which would cut the deficit by $3 trillion over the next decade, reinforces Biden’s efforts to counter Republican tax proposals that Democrats deride as giveaways to the wealthy.

11/03 Biden’s Budget Underscores Divide With Republicans and Trump

The president’s $7.3 trillion budget proposal for the next fiscal year includes about $3 trillion in deficit reduction over a decade, largely from raising taxes on high earners and corporations.

11/03 Biden unveils massive $7.3T budget with $5.5T in tax hikes post-State of the Union address

President Biden unveiled his election-year budget pitch Monday, calling for $5.5 trillion in tax increases by raising rates on the wealthy and corporations — while driving up spending on fede…

11/03 Biden Budget Will Underscore Divide With Republicans and Trump

The president’s fiscal 2025 budget proposal includes about $3 trillion in deficit reduction over a decade, largely from raising taxes on high earners and corporations.

10/03 Tampons, toothbrushes and toasters to have 'nuisance' tariffs cut

Taxes on imported fridges, pyjamas and even dodgem cars will be scrapped in a federal government bid to clear away "nuisances" for businesses.

09/03 Biden Signs Legislation to Extend Funding for Critical Departments

With a partial shutdown averted, President Biden and Congress face tough negotiations ahead to finance the remaining federal agencies and departments by March 22.

09/03 Senate Clears $460 Billion Bill to Avert Partial Shutdown, Sending It to Biden

President Biden is expected to sign the legislation, the product of a bipartisan deal, ahead of the midnight shutdown deadline — but the spending fight isn’t over yet.

08/03 Republicans’ Big F.B.I. Cut Came From Scrapping One Senator’s Earmark

The G.O.P. has boasted about cutting the budget of what it calls the “weaponized” F.B.I. by 6 percent. Most of that came from wiping out the pet project of retired Senator Richard C. Shelby.

08/03 The Functional Dysfunctional Congress

Lawmakers have found a messy bipartisan way to pass spending bills, though the final test later this month promises to be much more challenging.

06/03 House Passes Bipartisan $460 Billion Spending Bill to Avert a Partial Shutdown

Staring down yet another spending deadline, Speaker Mike Johnson again relied on Democratic votes to push through a six-bill package to fund about half the government through the fall.

04/03 Trump’s Tax Cut Fueled Investment but Did Not Pay for Itself, Study Finds

The most detailed research yet on corporate response to the 2017 Republican tax law shows modest gains for workers and high cost to the federal debt.

04/03 Opinion | The Miracle Weight-Loss Drug Is Also a Major Budgetary Threat

Ozempic threatens to bust the national budget. That may finally force the government to address the problem of overly expensive medical treatments.

04/03 8 words reveal Australia’s silent shame

The brutal reality of life in rural and regional Australia has been laid bare in one sentence from an academic specialising in women’s pain.

03/03 ‘Big’ cost-of-living relief hint for Aussies

More help for Aussie households being crushed by the rising cost of living is on the way, the government has said.

02/03 News Aussie women need to hear

It’s been the leading treatment option for endometriosis sufferers for almost 70 years, and a controversial one too. But groundbreaking new research could provide a long-awaited alternative to the pill.

02/03 The Core of the Tax Code Will Change, but We Don’t Know How

Important regulations expire at the end of next year, thwarting tax planning and creating a monumental fiscal challenge for Congress.

01/03 State’s plea to Chalmers over housing target

NSW Treasurer Daniel Mookhey has called on his federal counterpart to fast track when states can receive financial incentives to speed up the building of hundreds of thousands of homes.

29/02 House Passes Stopgap Bill to Head Off Shutdown, With Key Issues Unresolved

The latest temporary spending measure buys Congress a week to finalize details of a deal on half of government spending, and another three weeks to negotiate and pass the other half.

29/02 Congressional Leaders Strike a Short-Term Deal to Avert Partial Shutdown

Top lawmakers agreed to vote on a temporary funding patch that would allow more time for spending negotiations.

28/02 Johnson Floats Short-Term Spending Bill to Avert Partial Shutdown

The Republican speaker, who has come under bipartisan pressure to strike a deal that his far-right members are resisting, is weighing a temporary funding patch that would allow more time for negotiations.

27/02 As Spending Talks Intensify, Johnson’s Bind Grows Tighter

Four months into his job as the top leader in the House, Speaker Mike Johnson finds himself the odd man out in increasingly intense talks on how to fund the government and whether to continue aid to Ukraine.

27/02 Republican Demands and Divisions Drive Impasse Toward a Shutdown

The spending stalemate that has brought the government to the brink of a shutdown is being fueled by G.O.P. demands to add conservative spending mandates opposed by President Biden and Democrats.

26/02 Biden to Convene Congressional Leaders as Partial Shutdown Looms

President Biden plans to discuss the urgency of legislation to keep federal funding going past midnight on Friday.

26/02 Question for 8yo daughter sickens Aussie swimming icon Libby Trickett

Aussie swimming icon Libby Trickett has shared her horrified reaction to a question that was asked of her eight-year-old daughter.

26/02 ‘Bulldust’: Twiggy slams nuclear push

Billionaire mining magnate Andrew “Twiggy” Forrest has rubbished a push to develop a local nuclear energy industry, even as fresh polling showed growing voter support for the proposal.

26/02 Spending Impasse Persists Amid G.O.P. Resistance as Partial Shutdown Looms

With Republicans insisting on adding right-wing policy measures to spending bills, lawmakers are running out of time to strike a deal to avert a partial government shutdown before a deadline of Friday at midnight.

22/02 Taurus vote in the Bundestag – everyone is looking at this woman

The Bundestag votes on a coalition motion on arms deliveries to Ukraine. Because the much-discussed Taurus cruise missiles are not mentioned, Marie-Agnes Strack-Zimmermann (FDP) announced unusual consequences. WELT political editor Thorsten Jungholt reports.

20/02 Aussie ‘bonanza’ to end as China enters free fall

Falling food costs. Plummeting house prices. Ongoing interest rate cuts.

17/02 Results 16.02: Battles for Avdiivka and security agreements

The military continues to perform tasks around Avdiivka; Volodymyr Zelenskyi and Federal and Olaf Scholz signed a security agreement between Ukraine and Germany. Korespondent.net highlights the main events of yesterday.

16/02 If there is no negotiated exit, the expectation is to overturn the veto, says Budget rapporteur on amendments

According to deputy Luiz Carlos Motta, leaders will discuss the Executive's cut of R$5.6 billion in amendments next Tuesday

15/02 ICE Considers Slashing Detention Capacity Because of Budget Shortfall

The agency has circulated a money-saving proposal after Republicans in Congress blocked a bill that would have provided billions in funding.

14/02 Opinion | Neither Trumpism Nor Bidenomics Has an Answer to Inflation

A post-neoliberal agenda, tilted left or right, has no answer whatsoever to inflation.

12/02 Lira's involvement with bureaucracy

For the President of the Chamber, the Budget cannot be at the mercy of those who were not elected to choose priorities. But it is the bureaucracy that makes it difficult for those who were elected to do anything wrong

08/02 We will still be paying the animal welfare tax long after animals are no longer eaten

Agriculture Minister Cem Özdemir advocates a new animal welfare tax. The subsidies for farmers have long been enormous - and actually need reform, says our author. It seems as if the government actually has completely different intentions.

07/02 U.S. Debt on Pace to Top $54 Trillion Over Next 10 Years

Congressional Budget Office projections released on Wednesday said a growing economy and recent spending cuts had slowed deficits.

04/02 Biggest loser in Albo’s tax shakeup

The biggest loser from the Albanese government’s revised tax plan may end up being the federal budget, especially if future Coalition governments reintroduce cuts for higher earners.

30/01 Budget in the Bundestag: red-green-yellow misery

The economic difficulties are growing and there is discontent everywhere. The rejection of the traffic lights extends from farmers to employers. It looks like she's finished - although she actually still has a year and a half to go.

22/01 Funding freeze for certain energy and climate programs ended

The Ministry of Economic Affairs decides on numerous funding applications that were put on hold following the Constitutional Court ruling in November. The stop previously introduced in December has now been lifted.

20/01 Haley’s Policy Pitch Recalls a Bygone Era Before Trump’s Rise

Nikki Haley’s calls for muscular international engagement and cuts to future Social Security benefits have elicited withering attacks from Donald J. Trump. They used to be Republican orthodoxy.

20/01 PM calls cost-of-living war council

Labor MPs have been called back to Canberra almost two weeks early as concerns in the government over the cost of living crisis deepen.

19/01 Biden Signs Stopgap Spending Bill, Averting Partial Shutdown

The legislation will fund agencies until early March as Congress continues to negotiate funding for the government through the fall.

19/01 What’s in the New Tax Deal?

Budget watchdogs warn that temporary changes to the tax code that are being debated on Capitol Hill will lead to more deficits in the long run.

19/01 Dark secret behind ‘Aussie’ beer

Australia’s once thriving craft beer scene is at risk of mass closures as independent brewers face a “perfect storm”.

18/01 $15 pints to become ‘shocking’ new normal

Beer lovers will face another cost-of-living blow next month when the tax on alcohol increases once again, meaning a pint could cost more than $15.

18/01 Senate to Pass Stopgap Spending Bill as Congress Moves to Avert Shutdown

The House will need to follow suit by Friday, or a handful of government agencies will run out of money by Saturday.

17/01 Senate Advances Stopgap Bill to Avert a Partial Shutdown

The lopsided vote reflected broad backing for the measure in the Senate. It faces a more fraught reception in the House, where hard-right Republicans are opposed.

15/01 Prime Minister pledges fast-tracked cost of living relief

Anthony Albanese is now pledging to unveil new cost of living relief in “coming days” amid rising voter anger that the government is failing to act.

12/01 New household tricks? Lawyers have problems with these three government ideas

After the budget debacle, constitutional lawyers and economists are also critical of the federal government's new financial plans. They consider three approaches in particular that are supposed to bring relief to be “constitutionally risky”.

11/01 Conservatives Revolt Anew Over Johnson Deal to Avert Shutdown

A dozen hard-line Republicans ground business to a halt in protest of the deal Speaker Mike Johnson struck with Democrats to avert a shutdown, leaving the funding package in limbo.

08/01 Opinion | We Still Need to Talk About Government Debt

Last weekend’s deal is good news, but the basic problems remain.

08/01 Far Right Balks as Congress Begins Push to Enact Spending Deal

With little time to spare before a shutdown deadline, Speaker Mike Johnson will have to navigate the same political currents that did in his predecessor.

07/01 With Shutdown Looming, House and Senate Leaders Agree on Spending Levels

Despite the deal, time is short to assemble and pass legislation putting the agreement in force before a Jan. 19 deadline.

06/01 Fact-Checking Candidates’ Sparring Over Social Security and Medicare

The top presidential candidates are vowing to protect the entitlement programs for current seniors, though some have floated changes for younger generations. But they’ve muddied each other’s current positions.

04/01 How much money Aussies need to earn in order to feel rich has been revealed

New research has revealed exactly how much money Australians need to make before they feel rich – and it’s no small sum.

28/12 Government revokes payroll tax exemption and changes rule for judicial debts to increase revenue

Provisional Measure will dictate economic activities served by tax benefits; city ​​halls will be excluded

26/12 Market projects worsening fiscal scenario for 2024, says BC bulletin

Ratio between public sector net debt and GDP rises to 61.20% this year and to 64.50% next year; a month ago the indicators were 61% and 63.90%, respectively

23/12 “Completely put to the test” – Kubicki calls for savings in development aid

According to FDP leader Wolfgang Kucki, German spending on development aid needs to be examined. He demands that German donations must be reduced to the average G7 level. That saves a double-digit billion amount.

21/12 Senate Wraps Up Year by Punting the Most Difficult Issues to 2024

But leaders of both parties cited steady progress on a package tying Ukraine military assistance to tougher border policies and hope for a deal early next month.

20/12 House Dysfunction by the Numbers: 724 Votes, Only 26 Laws Enacted

The tally reflects the extraordinary chaos and paralysis that gripped the House in 2023, when lawmakers did more voting but less lawmaking than at any time in the past decade.

19/12 Wall Street’s ‘Bond Vigilantes’ Are at Battle as U.S. Debt Soars

The financial world has been debating if market appetite for U.S. debt is near a limit. Not everyone agrees this is something to panic about, but the ramifications for funding government priorities are immense.

16/12 Funding for the purchase of electric cars expires on Sunday

The federal government is stopping funding the purchase of electric cars. From Monday onwards, applications for the so-called environmental bonus will no longer be accepted, the Ministry of Economic Affairs announced.

15/12 A ‘Historical and Hysterical’ House Flees After a Tumultuous Year

An ousted speaker, internal divisions and a race to the exits characterized the first year of the chaos-wracked Republican majority.

14/12 Unity on the budget - But the debt brake threatens new trouble

The conflict in the traffic light government over the debt brake has so far only been postponed. Chancellor Scholz would like to suspend it again because of the flood aid for the Ahr Valley. But Finance Minister Lindner remains skeptical – and sends a clear message.

13/12 Is it okay to go into debt for Brazil to grow, as Lula said? See what economists say

‘If it is necessary for this country to take on debt for Brazil to grow, what is the problem’, asked the president after meeting with the Council for Sustainable Social Economic Development

13/12 Traffic light wants to comply with the debt brake in 2024 – cuts at the KTF

Almost four weeks after the Federal Constitutional Court's ruling and the subsequent budget crisis, the leaders of the traffic light coalition have reached an agreement. In a press conference, the Chancellor announced how he wants to plug the 17 billion euro hole in the budget for 2024.

13/12 Details unknown: Agreement in the budget dispute

The traffic light has reached an agreement in its discussions on the federal budget for 2024. Details will follow later in the day.

13/12 Budget deficit slashed as tax take soars

The federal budget deficit forecast for this financial year has been slashed to just $1.1bn, all but guaranteeing Treasurer Jim Chalmers will deliver back-to-back surpluses.

10/12 Opinion | Want to Tax the Rich for Real? Pay Attention to This Supreme Court Case.

Why the court should not give favorable tax treatment to the wealthy.

10/12 Unions warn of job losses in budget crisis

The German Federation of Trade Unions (DGB), IG Metall and IG BCE jointly appealed to the federal government on Sunday to quickly find a solution to the budget crisis. Otherwise there would be a risk of job losses.

08/12 Defense Bill Agreement Angers Hard Right, Posing a Threat to Johnson

The new Republican speaker is facing fury from ultraconservative lawmakers for agreeing to drop limits on abortion, transgender care and diversity training.

07/12 Olaf Scholz: Never before has a Federal Chancellor been so unpopular

The SPD and its most important politician continue to lose respect among the population. Why is that? There are answers in the latest ARD Germany trend.

07/12 Particle Physicists Offer a Road Map for the Next Decade

A “muon shot” aims to study the basic forces of the cosmos. But meager federal budgets could limit its ambitions.

07/12 Now Germany is also risking its billions in aid from Brussels

Germany is entitled to a good 26 billion euros from the EU reconstruction fund - only a fraction has been used. The funds for the energy transition and e-mobility will only flow once certain goals have been achieved. But the Federal Audit Office criticizes the lack of ambition.

07/12 Lindner skeptical about subsidy cuts

Finance Minister Lindner sees Germany in a deep crisis. “The location conditions have deteriorated dramatically.” When reducing subsidies, it must always be checked whether they are achieving their goals. A reduction in supposedly environmentally harmful subsidies could also affect the wrong area.

04/12 White House warns Congress the US is out of money, nearly out of time to avoid ‘kneecap’ to Ukraine

“We are out of money — and nearly out of time.”

29/11 What exactly is Germany's debt brake?

Thanks to a Constitutional Court ruling, Germany's federal budget for this year is now €60 billion short. But closing the gap with new loans is prohibited by the constitution.

23/11 Germany is struggling with the debt brake

Declare an emergency and take out new loans or save until things (foreseeable) crash? How the federal government decides also has international consequences.

23/11 Republicans must shame Dems into slashing bloated government spending — before it’s too late

The latest short-term government funding bill ensures that taxpayers will continue to pay for a bloated government until January — but Republicans have a chance to address future overspending.

21/11 100 billion euros missing: Ministry of Finance stops further crisis fund

After the budget verdict, the federal government is in crisis. It has to fill a hole of 100 billion euros. Now she has to close the next fund.

21/11 The traffic light is completely blank

According to the Federal Constitutional Court's ruling, there are only questions and no answers from the traffic lights. It's a sad picture.

20/11 Traffic light in the billion dollar hole: Ministry of Finance imposes budget freeze on all ministries

The Ministry of Finance is extending the budget freeze to large parts of the federal budget. Originally it only applied to the climate and transformation fund.

20/11 The New Speaker Avoided a Shutdown. Can He Avoid Being Ousted?

Amid Republican infighting, Mike Johnson relied on Democrats for the bulk of the votes to pass a House spending bill.

20/11 Opinion | Happy Thanksgiving, Hermit Billionaires!

There is always something to be grateful for.

17/11 Opinion | Why We Can Expect More Chaos in the House

The attention that the budget process brings can breed dysfunction.

17/11 Biden Signs Spending Bill, Staving Off a Government Shutdown

The bill sidesteps an immediate crisis, but the path to a longer-term agreement on government spending is unclear.

16/11 Congress Prevented a Shutdown, but the Spending Fight Is Far From Over

Lawmakers bought time for talks, but heading off another shutdown threat early next year will be difficult. And a separate funding measure for Israel, Ukraine and the border remains unaddressed.

16/11 House Republicans, Stalled on Spending, Weaponize the Power of the Purse

As Congress struggles to do the bare minimum of keeping the government funded, House Republicans are using the annual federal spending bills to try to punish the Biden administration.

16/11 Opinion | Reason Prevailed in the House. For Just One Day.

Bipartisanship prevailed and the House agreed to keep the government open for a few weeks. But don’t expect the good sense to last long.

15/11 Conservatives Rebel Again Over Spending in the House

Irate over a bipartisan measure to prevent a government shutdown, far-right Republicans blocked a separate spending bill, forcing the House to leave for Thanksgiving without finishing its work.

15/11 In His First Big Showdown, an Unyielding Conservative Yields

Speaker Mike Johnson chose avoiding a shutdown over a fiscal confrontation that Representative Mike Johnson might have welcomed.

15/11 In His First Big Showdown, an Unyielding Conservative Yields

Speaker Mike Johnson chose avoiding a shutdown over a fiscal confrontation that Representative Mike Johnson might have welcomed.

14/11 House Heads Toward Vote on Johnson’s Plan to Avert Shutdown

An increasing number of Democrats privately indicated that they would support the Republican speaker’s measure to extend government funding.

14/11 Democrats Signal Openness to Plan to Avert Shutdown as Republicans Balk

The House could take up the proposal as early as Tuesday. With growing opposition from House Republicans, it will need Democrats’ backing.

13/11 Opinion | In Politics, There Are Worse Things Than Wishful Thinking

Does Nikki Haley’s rise suggest there might be life left in the Republican primary?

12/11 Speaker Mike Johnson proposes unusual plan to prevent a government shutdown

House Speaker Mike Johnson proposed a novel two-step budget extension to prevent a looming government shutdown.

12/11 Johnson Pitches Bill to Avert Government Shutdown That Faces an Uncertain Fate

The measure would extend funding for some agencies through late January, and for others until early February. It omits funding for Ukraine or Israel.

11/11 Moody’s Changes U.S. Credit Outlook to ‘Negative’

Moody’s reaffirmed America’s credit rating at the highest AAA level but expressed concern about the nation’s fiscal trajectory amid congressional dysfunction.

09/11 House Republicans Clash Over Spending Days Ahead of Shutdown Deadline

Party divisions forced Republicans to abandon two of their own spending measures this week as they toiled to agree on a stopgap spending bill to avert a shutdown next Saturday.

08/11 House Republicans Toil for a Spending Strategy With a Shutdown Close at Hand

Speaker Mike Johnson is facing many of the same challenges his predecessor did as he looks for a way to avoid a government shutdown that will be acceptable to his deeply divided conference.

02/11 Treasurer Jim Chalmers concedes Australia risks missing its climate targets

The treasurer admits that Australia is on track to fall short of its climate targets without more money invested, quicker construction of renewables projects, and better regulation.

31/10 Opinion | The Military-Industrial-Complex Complex

National security isn’t a monetary issue.

31/10 Opinion | On This Issue, the House G.O.P. ‘Whack Jobs’ Have a Point

Why Speaker Johnson should bring back regular order.

31/10 Six figure debt reveals sad OnlyFans reality

Australian OnlyFans creator Tasha Paige has revealed she’s been slapped with a whopping $176,000 tax bill.

28/10 Aussies reporting ‘tax paralysis’

With a tax deadline looming, one particular group of workers is delaying their annual return due to “tax paralysis”, according to new data.

27/10 Opinion | The G.O.P. Goes Full-on Extremist

When intolerance meets reactionary economics.

26/10 Where Mike Johnson Stands on Ukraine, Abortion, L.G.B.T.Q. Issues and More

The new House speaker, an evangelical Christian, has a staunchly conservative record on gay rights, abortion, gun safety and more.

26/10 Johnson Faces the Same Spending Dilemmas That Plagued McCarthy

The newly installed Republican speaker opposed the bill to avert a government shutdown and has been against continued U.S. funding for Ukraine. Now it is his job to accomplish both.

23/10 The Problem With a $2 Trillion Deficit

The growing deficit has been at the center of the fight over choosing a House speaker.

21/10 US budget deficit balloons to $1.7 trillion — largest outside COVID era

The US government posted a $1.695 trillion budget deficit in fiscal 2023, a 23% jump from the prior year as revenues fell and outlays for Social Security, Medicare and record-high interest costs on…