Tag #Budget

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dailymail.co.uk

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Mar 15, 04:10

Interest Rate Uncertainty Slows UK Housing Market Recovery

Britain's Berkeley Group warns that uncertainty over interest rates is slowing the housing market recovery, despite recent sales increases; the Bank of England is unlikely to cut rates next week due to planned tax hikes and rising inflation.

Interest Rate Uncertainty Slows UK Housing Market Recovery

Britain's Berkeley Group warns that uncertainty over interest rates is slowing the housing market recovery, despite recent sales increases; the Bank of England is unlikely to cut rates next week due to planned tax hikes and rising inflation.

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Sustainable Cities and Communities

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How do the recent economic contraction and planned tax hikes influence the Bank of England's likely response regarding interest rates?

The Bank of England's potential interest rate cut next week is unlikely due to the upcoming £25 billion National Insurance increase, part of a larger tax hike package. This, coupled with January's economic contraction and rising inflation (now at 3%), creates a complex economic picture influencing buyer behavior in the housing market. Economists predict further interest rate cuts may occur later in the year.

abcnews.go.com

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Mar 14, 01:10

Schumer Averts Government Shutdown by Supporting GOP Funding Bill

Senate Majority Leader Chuck Schumer will vote to prevent a government shutdown by supporting a House GOP funding bill, averting a crisis despite his deep criticism of its content; President Trump says he will intervene if Republicans need him to negotiate with Democrats.

Schumer Averts Government Shutdown by Supporting GOP Funding Bill

Senate Majority Leader Chuck Schumer will vote to prevent a government shutdown by supporting a House GOP funding bill, averting a crisis despite his deep criticism of its content; President Trump says he will intervene if Republicans need him to negotiate with Democrats.

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No Poverty

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What immediate impact will Senator Schumer's decision to support the House GOP funding bill have on the potential government shutdown?

Senate Majority Leader Chuck Schumer announced he will vote to prevent a government shutdown by supporting a House GOP funding bill. This ensures sufficient Democratic votes to avoid a shutdown, despite Schumer's criticism of the bill's content and partisan nature. His decision prioritizes averting a shutdown's negative consequences over opposition to the bill itself.

pt.euronews.com

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Mar 14, 10:09

German Debt Brake Reform Faces Uncertain Future Amid Coalition Disputes

Germany's CDU/SPD coalition is negotiating with the Green party to reform the country's "debt brake," proposing €500 billion in spending for infrastructure and defense, facing opposition over funding allocation for climate transition and potential constitutional challenges.

German Debt Brake Reform Faces Uncertain Future Amid Coalition Disputes

Germany's CDU/SPD coalition is negotiating with the Green party to reform the country's "debt brake," proposing €500 billion in spending for infrastructure and defense, facing opposition over funding allocation for climate transition and potential constitutional challenges.

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Climate Action

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What are the immediate consequences of failing to reform Germany's debt brake?

Germany's CDU/SPD coalition seeks to lift the "debt brake," a constitutional limit on borrowing, to fund €500 billion in infrastructure spending and military upgrades. They've offered concessions to the Green party, including €500 million for climate transition, to secure necessary votes. Failure to reach an agreement risks a constitutional challenge and economic stagnation.

welt.de

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Mar 13, 22:11

Bavarian Free Voters' Opposition Jeopardizes 100 Billion Euro Municipal Funding Plan

The Bavarian Free Voters' opposition to a federal plan to increase borrowing for municipal investments threatens to block 100 billion euros in funding for Bavarian municipalities, creating conflict within the party between state and local leadership, and potentially derailing the plan due to the req...

Bavarian Free Voters' Opposition Jeopardizes 100 Billion Euro Municipal Funding Plan

The Bavarian Free Voters' opposition to a federal plan to increase borrowing for municipal investments threatens to block 100 billion euros in funding for Bavarian municipalities, creating conflict within the party between state and local leadership, and potentially derailing the plan due to the req...

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Reduced Inequality

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What are the immediate consequences of the Bavarian Free Voters' opposition to the federal plan to increase borrowing for municipal investments?

The Bavarian Free Voters, led by Hubert Aiwanger, oppose the federal government's plan to increase borrowing for municipal investments. Aiwanger cites concerns about the stability of the country, while others, like Regensburg's Landrätin Tanja Schweiger, disagree with the Landkreistag's stance and emphasize the need for federal reform before additional spending. This opposition threatens to derail the 100 billion euro plan due to the necessary two-thirds majority in the Bundesrat.

theglobeandmail.com

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Mar 13, 01:15

House GOP Passes Funding Bill Amidst Large-Scale Government Cuts

The U.S. House overwhelmingly passed a government funding bill, driven by President Trump's pressure and substantial cuts to federal agencies like the Department of Education, which fired roughly 1,300 employees, demonstrating a new era of Republican unity and accelerated governmental downsizing.

House GOP Passes Funding Bill Amidst Large-Scale Government Cuts

The U.S. House overwhelmingly passed a government funding bill, driven by President Trump's pressure and substantial cuts to federal agencies like the Department of Education, which fired roughly 1,300 employees, demonstrating a new era of Republican unity and accelerated governmental downsizing.

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Reduced Inequality

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What are the long-term implications of this shift in Republican unity and the rapid reduction in the size of the federal government?

The Republican party's unified support for the funding bill signals a potential shift toward smaller government. The swift and drastic cuts implemented, coupled with the Republicans' newly found ability to pass legislation, indicate an accelerated pace of change. The Democratic party, facing a powerful Republican majority, has little leverage to influence the process.

taz.de

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Mar 13, 22:12

US Government Shutdown Looms as Democrats Reject Republican Budget

The US Senate Democrats' rejection of a Republican-backed temporary budget increases the likelihood of a government shutdown by Friday midnight, forcing a choice between a shutdown and a budget with significant spending cuts and further enabling President Trump's policies.

US Government Shutdown Looms as Democrats Reject Republican Budget

The US Senate Democrats' rejection of a Republican-backed temporary budget increases the likelihood of a government shutdown by Friday midnight, forcing a choice between a shutdown and a budget with significant spending cuts and further enabling President Trump's policies.

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Reduced Inequality

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What are the immediate consequences of the Senate Democrats' rejection of the Republican-backed temporary budget?

The US Senate Democrats rejected a Republican-backed temporary budget, significantly increasing the risk of a government shutdown by Friday midnight. This rejection, announced by Senate Minority Leader Chuck Schumer, highlights the Republicans' inability to secure the 60 votes needed in the Senate to pass the bill. The House of Representatives already passed a Republican-designed budget that would cut spending by billions and allow the Trump administration to continue its austerity measures.

cbsnews.com

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Mar 14, 19:15

Senate to Vote on Republican Spending Bill, Averting Shutdown

The Senate is expected to vote on a Republican-led bill to fund the government until September, averting a shutdown after Senate Minority Leader Chuck Schumer's unexpected decision to support the measure despite significant Democratic opposition and cuts to key programs.

Senate to Vote on Republican Spending Bill, Averting Shutdown

The Senate is expected to vote on a Republican-led bill to fund the government until September, averting a shutdown after Senate Minority Leader Chuck Schumer's unexpected decision to support the measure despite significant Democratic opposition and cuts to key programs.

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Reduced Inequality

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What is the immediate impact of Senate Democrats' decision to advance the Republican-led government funding bill?

The Senate will vote on a Republican-led bill to fund the government until September, avoiding a shutdown. Senate Minority Leader Chuck Schumer unexpectedly agreed to advance the bill, citing the potential for increased harm from a government shutdown. This decision provides political cover for other Democrats to support the bill, significantly reducing the risk of a shutdown.

nbcnews.com

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Mar 14, 01:10

Schumer Averts Shutdown by Backing Republican Spending Bill

Senate Minority Leader Chuck Schumer unexpectedly agreed to advance a Republican-led six-month government funding bill to prevent a government shutdown, despite earlier opposition, raising concerns about the bill's potential impacts.

Schumer Averts Shutdown by Backing Republican Spending Bill

Senate Minority Leader Chuck Schumer unexpectedly agreed to advance a Republican-led six-month government funding bill to prevent a government shutdown, despite earlier opposition, raising concerns about the bill's potential impacts.

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Peace, Justice, and Strong Institutions

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What immediate impact will Senator Schumer's decision to advance the Republican funding bill have on the risk of a government shutdown?

Senate Minority Leader Chuck Schumer agreed to advance a Republican-led six-month government funding bill, averting a shutdown. This follows his earlier opposition, highlighting the pressure to avoid a shutdown and the perceived greater risk of a Trump-led shutdown. The bill now likely has enough votes to pass the Senate.

zeit.de

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Mar 14, 19:15

German Coalition Agrees on €100 Billion Climate Spending Package

Germany's coalition government finalized a financial package including €100 billion for climate initiatives, securing the Green party's support after negotiations centered around additional investments and the 2045 climate neutrality goal. This follows previous agreements to loosen the debt brake fo...

German Coalition Agrees on €100 Billion Climate Spending Package

Germany's coalition government finalized a financial package including €100 billion for climate initiatives, securing the Green party's support after negotiations centered around additional investments and the 2045 climate neutrality goal. This follows previous agreements to loosen the debt brake fo...

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Climate Action

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How did the Green party's demands shape the final financial package, and what broader implications does this have for coalition dynamics in German politics?

The compromise on the financial package reflects a power shift within German politics. The Green party, by leveraging its influence on climate spending, successfully tied a key policy objective—climate neutrality by 2045—to large-scale infrastructure investment. This demonstrates the growing political weight of environmental concerns in German coalition politics. The initial 50 billion euro proposal was doubled to secure their support.

cbsnews.com

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Mar 13, 19:11

Senate Democrats Weigh Strategic Vote on GOP Spending Bill to Avoid Shutdown

Facing a Friday government shutdown deadline, Senate Democrats are considering a plan to initially support a Republican six-month government funding bill to secure a vote on their preferred 30-day alternative, which would then likely fail; this strategy aims to avoid a shutdown while demonstrating o...

Senate Democrats Weigh Strategic Vote on GOP Spending Bill to Avoid Shutdown

Facing a Friday government shutdown deadline, Senate Democrats are considering a plan to initially support a Republican six-month government funding bill to secure a vote on their preferred 30-day alternative, which would then likely fail; this strategy aims to avoid a shutdown while demonstrating o...

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Reduced Inequality

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What are the underlying power dynamics in Congress influencing the Democrats' approach to the government funding bill?

This strategy reflects the Democrats' minority position in Congress. Faced with a Republican-dominated House and Senate, they lack sufficient votes to block the six-month bill entirely. By initially supporting the bill's progress, Democrats aim to secure a vote on their alternative, demonstrating their opposition while preventing a government shutdown's negative consequences.

forbes.com

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Mar 13, 01:15

House Passes Short-Term Spending Bill, Avoiding Immediate Government Shutdown

The House narrowly passed a $1.6 trillion continuing resolution (CR) to fund the government until September 30, 2025, avoiding an immediate shutdown; however, the bill faces an uncertain future in the Senate and lacks provisions for several critical issues.

House Passes Short-Term Spending Bill, Avoiding Immediate Government Shutdown

The House narrowly passed a $1.6 trillion continuing resolution (CR) to fund the government until September 30, 2025, avoiding an immediate shutdown; however, the bill faces an uncertain future in the Senate and lacks provisions for several critical issues.

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How do the spending allocations in this CR reflect the ongoing political divisions in Congress?

This CR avoids an immediate government shutdown but reflects ongoing budget battles. Increased military spending and cuts to non-defense programs, including a $20.2 billion reduction in IRS funding, highlight partisan divisions. The lack of earmarks and reliance on previous year's funding levels suggest limited flexibility and potential future budgetary issues.

sueddeutsche.de

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Mar 13, 13:11

Bavarian Free Voters Reject Multibillion-Euro Debt Plan

The Free Voters in Bavaria rejected a German federal debt plan totaling billions of euros for defense and infrastructure, creating tension within the state government and jeopardizing its approval in the Bundesrat, citing concerns over stability and proposing alternative solutions.

Bavarian Free Voters Reject Multibillion-Euro Debt Plan

The Free Voters in Bavaria rejected a German federal debt plan totaling billions of euros for defense and infrastructure, creating tension within the state government and jeopardizing its approval in the Bundesrat, citing concerns over stability and proposing alternative solutions.

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Reduced Inequality

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What are the underlying causes of the Free Voters' opposition to the debt plan, and how do these relate to broader political and fiscal debates in Germany?

The FW's rejection stems from disagreements over Germany's debt brake rule, a commitment to fiscal responsibility and concerns that the proposed plan would lack transparency and accountability. The FW's counterproposal includes a dedicated defense fund in line with NATO targets and funding infrastructure from existing budgets. This decision highlights growing friction between the CSU and FW, fueled by the latter's skepticism of the CSU's fiscal policies and the former's perceived disregard for the FW's concerns.

Showing 61 to 72 of 459 results