Tag #Budget Deficit

Showing 25 to 36 of 163 results

bbc.com
🌐 85% Global Worthiness
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UK Faces £41.2 Billion Budget Shortfall, Tax Hikes Likely

The UK government faces a £41.2 billion shortfall in its borrowing target, prompting the National Institute of Economic and Social Research (Niesr) to recommend tax increases, including council tax reform, to meet Chancellor Rachel Reeves's fiscal rules. This is partly due to weaker economic growth ...

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48% Bias Score

Reduced Inequality
spanish.china.org.cn
🌐 85% Global Worthiness
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US Debt to Rise $4.1 Trillion Due to New Spending Bill

A newly enacted US law, costing $3.39 trillion, significantly increases the US deficit from 2025-2034, resulting from tax cuts and increased spending, worsening the already high national debt exceeding $36.2 trillion.

Progress

48% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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AIReF Urges Spain to Cut Spending by €5.6 Billion Amid Budget Delays

Spain's fiscal authority AIReF urges the government to cut spending by €5.6 billion to meet national spending rules, citing delays in preparing the 2026 budget and inconsistencies with EU regulations, leading to concerns about economic stability and long-term planning.

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44% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Labour's £120 Billion Tax Plan Faces OBR Concerns

Labour proposes £120 billion in tax increases to fund increased spending, targeting banks, shareholders, and high-net-worth individuals; however, the OBR warns of risks associated with reliance on a small group of taxpayers.

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52% Bias Score

Reduced Inequality
politico.eu
🌐 85% Global Worthiness
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Romania Implements Austerity Measures to Avert Financial Crisis

Romania's government is implementing austerity measures, including tax hikes and spending cuts, to address a 9 percent budget deficit, the highest in the EU, and to meet EU requirements for fiscal reform and avert a potential financial crisis.

Progress

44% Bias Score

No Poverty
zeit.de
🌐 85% Global Worthiness
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Germany Faces €12.3 Billion Social Care Deficit by 2029

Germany faces a €12.3 billion social long-term care insurance deficit by 2029 due to a surge in care recipients (5.6 million by end of 2024) and capped co-payments, prompting calls for urgent reforms, while a proposed €2 billion loan is deemed insufficient.

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52% Bias Score

Good Health and Well-being
dw.com
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Germany's €850 Billion Debt Plan Sparks Criticism

Germany's government plans to accumulate €850 billion in new debt between 2025 and 2029, forcing severe budget cuts or tax increases, while newspapers criticize the finance minister's selective reporting of investments.

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56% Bias Score

Reduced Inequality
lefigaro.fr
🌐 75% Global Worthiness
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UK to Sell Seized Bitcoins to Address Budget Deficit

The UK plans to sell approximately 61,000 bitcoins seized in a 2018 Chinese Ponzi scheme to offset a \$23 billion budget deficit, generating approximately \$6.2 billion at current market prices, despite risks associated with cryptocurrency volatility.

Progress

44% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Russia's Oil Revenue Plunges Amidst Global Oversupply

Russia's June 2025 oil and gas revenues fell by over a third to 494.8 billion rubles, the lowest since January 2023, due to global oversupply and low oil prices, despite OPEC+ increasing production; this threatens the revised Russian budget and necessitates increased borrowing or taxes.

Progress

36% Bias Score

No Poverty
mk.ru
🌐 85% Global Worthiness
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Russia's Budget Deficit Soars to 3.694 Trillion Rubles in First Half of 2025

Russia's federal budget deficit totaled 3.694 trillion rubles (1.7% of GDP) in the first half of 2025, exceeding initial projections due to increased government spending (20.2% rise) despite a 2.8% revenue increase. Independent analysts express concerns, citing a 78% deficit surge in Q2 and potentia...

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28% Bias Score

Reduced Inequality
themoscowtimes.com
🌐 85% Global Worthiness
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Russia Demands Back Taxes From Citizens Working in Kazakhstan

Russia is demanding back taxes from its citizens living in Kazakhstan who worked for Kazakh companies in 2022-2023, citing a new interpretation of remote work, impacting thousands who relocated after the Ukraine invasion and paid Kazakh taxes but now face Russia's higher rates amid Russia's financia...

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36% Bias Score

Reduced Inequality
bbc.com
🌐 90% Global Worthiness
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Trump Signs Landmark Bill: Tax Cuts, Increased Spending, and Stricter Immigration

President Trump signed a sweeping bill on July 4th, including tax cuts, increased defense spending by $150 billion, and $100 billion for ICE, despite Democratic opposition and concerns about its impact on social programs like Medicaid and SNAP, potentially affecting millions.

Progress

44% Bias Score

Reduced Inequality

Showing 25 to 36 of 163 results