Showing 1 to 12 of 32 results
France's Fiscal Situation: A Worsening Outlook
Pierre Moscovici, former French finance minister, warns of a worsening French fiscal situation, stating that the deficit reduction plan proposed by the Socialist Party is insufficient to meet the 2029 deficit target and risks increasing the cost of debt.
France's Fiscal Situation: A Worsening Outlook
Pierre Moscovici, former French finance minister, warns of a worsening French fiscal situation, stating that the deficit reduction plan proposed by the Socialist Party is insufficient to meet the 2029 deficit target and risks increasing the cost of debt.
Progress
44% Bias Score
Trump Blames Powell for Soaring US Interest Payments
President Trump criticizes Federal Reserve Chair Jerome Powell for high US interest payments, nearing $1 trillion this fiscal year, advocating for drastic rate cuts despite experts suggesting deficit reduction as a more effective solution; Moody's recently downgraded US debt.
Trump Blames Powell for Soaring US Interest Payments
President Trump criticizes Federal Reserve Chair Jerome Powell for high US interest payments, nearing $1 trillion this fiscal year, advocating for drastic rate cuts despite experts suggesting deficit reduction as a more effective solution; Moody's recently downgraded US debt.
Progress
36% Bias Score
Spain's Public Deficit Rises Due to Valencia Flood Relief Spending
Spain's public administrations recorded a €5.523 billion deficit by April 2025, a 5.7% increase from 2024, mainly due to €2.835 billion in extraordinary spending to address the October 2024 Valencia floods; excluding this, the deficit would have been significantly lower.
Spain's Public Deficit Rises Due to Valencia Flood Relief Spending
Spain's public administrations recorded a €5.523 billion deficit by April 2025, a 5.7% increase from 2024, mainly due to €2.835 billion in extraordinary spending to address the October 2024 Valencia floods; excluding this, the deficit would have been significantly lower.
Progress
44% Bias Score
Musk's DOGE: $175 Billion in Claimed Savings, Questionable Results
Elon Musk's Department of Government Efficiency (DOGE) claimed $175 billion in savings, but verifiable evidence supports less than half that amount; the initiative's impact remains unclear due to methodological flaws and potential long-term costs.
Musk's DOGE: $175 Billion in Claimed Savings, Questionable Results
Elon Musk's Department of Government Efficiency (DOGE) claimed $175 billion in savings, but verifiable evidence supports less than half that amount; the initiative's impact remains unclear due to methodological flaws and potential long-term costs.
Progress
60% Bias Score
California Governor Newsom Proposes Medi-Cal Freeze to Address \$12 Billion Deficit
California Governor Gavin Newsom announced a \$12 billion budget deficit and proposed freezing new Medi-Cal enrollment for undocumented immigrants beginning in 2026 to save \$5.4 billion by 2028-2029, citing increased Medicaid costs and economic uncertainty; current enrollees will retain coverage.
California Governor Newsom Proposes Medi-Cal Freeze to Address \$12 Billion Deficit
California Governor Gavin Newsom announced a \$12 billion budget deficit and proposed freezing new Medi-Cal enrollment for undocumented immigrants beginning in 2026 to save \$5.4 billion by 2028-2029, citing increased Medicaid costs and economic uncertainty; current enrollees will retain coverage.
Progress
48% Bias Score
Australia's Budget: Small Tax Cut Masks Decade-Long Deficit
Australia's 2024-25 budget includes a small tax cut, but projects a deficit for the next decade despite economic improvement; the government's expansionary fiscal policy aims to boost the economy ahead of the May 3 election.
Australia's Budget: Small Tax Cut Masks Decade-Long Deficit
Australia's 2024-25 budget includes a small tax cut, but projects a deficit for the next decade despite economic improvement; the government's expansionary fiscal policy aims to boost the economy ahead of the May 3 election.
Progress
36% Bias Score
Greek ELYKO Faces €300 Million Deficit
Greece's Public Service Utilities Special Account (ELYKO) faces a €300 million deficit due to the high cost of island electricity, subsidized rates, and past government support for the Energy Transition Fund, forcing the government to decide between increasing consumer costs or using taxpayer funds.
Greek ELYKO Faces €300 Million Deficit
Greece's Public Service Utilities Special Account (ELYKO) faces a €300 million deficit due to the high cost of island electricity, subsidized rates, and past government support for the Energy Transition Fund, forcing the government to decide between increasing consumer costs or using taxpayer funds.
Progress
48% Bias Score
French Public Deficit Widens Due to Tax Revenue Reduction, Not Increased Spending
A new OFCE report attributes France's growing public deficit since 2019 to reduced tax revenue from policy changes like eliminating the housing tax and lowering employer social security contributions, not increased spending; this widening deficit compared to the Eurozone necessitates substantial fis...
French Public Deficit Widens Due to Tax Revenue Reduction, Not Increased Spending
A new OFCE report attributes France's growing public deficit since 2019 to reduced tax revenue from policy changes like eliminating the housing tax and lowering employer social security contributions, not increased spending; this widening deficit compared to the Eurozone necessitates substantial fis...
Progress
44% Bias Score
Musk's Cost-Cutting Falls Short by $1.86 Trillion Amidst New Tax Law
Elon Musk's special government employment concluded with a $1.86 trillion shortfall in his $2 trillion cost-cutting goal, despite $140 billion in cuts primarily from international programs and employee layoffs; the Trump tax law added $2.3 trillion to the deficit.
Musk's Cost-Cutting Falls Short by $1.86 Trillion Amidst New Tax Law
Elon Musk's special government employment concluded with a $1.86 trillion shortfall in his $2 trillion cost-cutting goal, despite $140 billion in cuts primarily from international programs and employee layoffs; the Trump tax law added $2.3 trillion to the deficit.
Progress
60% Bias Score
French Health Insurance Faces €22.1 Billion Deficit Amidst Unrecovered Medical Payments
France's national health insurance faces a €22.1 billion deficit in 2025, largely due to €1.5 billion in unrecovered medical co-pays and deductibles stemming from a 2020 suspension and subsequent limitations on recovery efforts, according to a Court of Auditors report.
French Health Insurance Faces €22.1 Billion Deficit Amidst Unrecovered Medical Payments
France's national health insurance faces a €22.1 billion deficit in 2025, largely due to €1.5 billion in unrecovered medical co-pays and deductibles stemming from a 2020 suspension and subsequent limitations on recovery efforts, according to a Court of Auditors report.
Progress
44% Bias Score
Portugal Seeks EU Exception for Defense Spending
The Portuguese government will request an EU exception to exclude up to 1.5% of its GDP in defense spending from deficit calculations, aligning with EU and NATO goals to increase military investment amid the war in Ukraine and ahead of national elections on May 18th.
Portugal Seeks EU Exception for Defense Spending
The Portuguese government will request an EU exception to exclude up to 1.5% of its GDP in defense spending from deficit calculations, aligning with EU and NATO goals to increase military investment amid the war in Ukraine and ahead of national elections on May 18th.
Progress
32% Bias Score
Australia's Looming \$1.2 Trillion Debt Crisis
Australia's budget is in dire straits, with projected deficits and a \$1.2 trillion debt looming; despite past promises of fiscal responsibility, both Labor and Coalition governments have failed to adhere to budget rules, leaving the country vulnerable.
Australia's Looming \$1.2 Trillion Debt Crisis
Australia's budget is in dire straits, with projected deficits and a \$1.2 trillion debt looming; despite past promises of fiscal responsibility, both Labor and Coalition governments have failed to adhere to budget rules, leaving the country vulnerable.
Progress
52% Bias Score
Showing 1 to 12 of 32 results