Tag #Budget

cnn.com
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House Republicans Grapple with Unified Budget Plan for Trump's Agenda

House Speaker Mike Johnson and Budget Chair Jodey Arrington are working to unify the Republican conference behind a comprehensive budget plan that includes President-elect Trump's policy agenda before the April 3 deadline, facing significant challenges and potential delays due to internal divisions ...

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36% Bias Score

Reduced Inequality
thetimes.com
🌐 75% Global Worthiness
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UK Budget's Impact on Employment: Conflicting Signals

The October budget raised UK employers' national insurance contributions to 15 percent from 13.8 percent, lowering the threshold to £5,000 from £9,100, resulting in conflicting signals on employment; while some surveys suggest job losses, Bank of England data shows businesses expect increased hiring...

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Trump's Agenda Faces Republican Divisions Over Spending Cuts

President-elect Trump's ambitious policy agenda faces significant hurdles due to internal divisions within the Republican party over the extent of government spending cuts needed to offset proposed tax cuts, despite broad support for specific government programs.

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44% Bias Score

Reduced Inequality
smh.com.au
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Federal Funding Cuts for Overfunded Private Schools

The Australian government will cut funding to 299 overfunded private schools, including 60 in Victoria, over five years, potentially leading to fee hikes; the reduction aims to reach 80 percent of the School Resourcing Standard by 2029.

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52% Bias Score

Reduced Inequality
news.sky.com
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Next Price Hike Exacerbates UK Cost of Living Crisis

Next announced a 1% price increase due to a £67 million rise in wage bills from increased employer National Insurance contributions, adding to the rising cost pressures on UK households and businesses, including energy, water, and council tax increases totaling £270 from April.

Progress

40% Bias Score

Reduced Inequality
elpais.com
🌐 65% Global Worthiness
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Valencia Raises Single Bus Ticket Price by 33%

Valencia's EMT increased single bus ticket prices by 33% to €2, impacting 7% of users; the council says this is to encourage multi-journey tickets and that the price was unchanged for 12 years, while the opposition criticizes this decision in the current economic climate.

Progress

44% Bias Score

Reduced Inequality
lexpansion.lexpress.fr
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French Government Faces Budget Crunch Amidst Pension Reform Debate

French Economy Minister Eric Lombard is negotiating the 2025 budget with political groups, facing pressure from an impending deadline and the need to balance political stability with the country's fiscal challenges, particularly regarding the recently implemented pension reform and its projected €14...

Progress

60% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 65% Global Worthiness
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Thuringia's New Coalition to Revise 2025 Budget, Addressing 165 Million Euro Shortfall

Thuringia's new government coalition plans to significantly revise the 2025 budget, aiming to address a 165 million Euro shortfall and additional 273 million Euro request from local governments, all while investing in the state's future.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
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Scotland's Benefits Bill to Soar by £700 Million Under SNP Plan

Scotland's benefits bill could increase by £700 million due to the SNP's plan to scrap the two-child cap, starting in 2026-27, potentially attracting 'benefits tourists' and impacting migration within the UK, according to the Scottish Fiscal Commission.

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56% Bias Score

No Poverty
cnbc.com
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IRS Watchdog Urges Congress to Preserve Taxpayer Services Funding

The IRS's internal watchdog warned Congress against cutting funding for taxpayer services and technology modernization, highlighting an imbalance in the Inflation Reduction Act's funding allocation where only 10% was allocated to these crucial areas compared to 58% for enforcement, despite 98% of fe...

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36% Bias Score

Reduced Inequality
news.sky.com
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UK Budget Triggers Widespread Price Hike Plans, Plunging Business Confidence

A new UK budget has caused more than half of private sector firms to plan price hikes to offset tax increases, resulting in the lowest business confidence since the 2022 mini-budget and threatening further inflation and economic stagnation.

Progress

44% Bias Score

Decent Work and Economic Growth
edition.cnn.com
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Netanyahu Leaves Hospital to Secure Crucial Vote Amidst Coalition Divisions

Following prostate surgery, Israeli Prime Minister Benjamin Netanyahu left the hospital against medical advice to ensure the passage of a controversial budget law by a single vote, highlighting deep divisions within his right-wing coalition government.

Progress

48% Bias Score

Peace, Justice, and Strong Institutions