Tag #Deficit

Showing 13 to 24 of 32 results

t24.com.tr
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Turkey's February 2025 Budget Deficit Reaches 310.1 Billion TRY

Turkey's central government reported a 310.1 billion TRY budget deficit in February 2025, with expenditures reaching 1.03 trillion TRY (including 139.7 billion TRY in interest payments) and revenues at 723.4 billion TRY (585 billion TRY from taxes).

Progress

28% Bias Score

Reduced Inequality
nbcnews.com
🌐 85% Global Worthiness
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Republicans Seek Budget Change to Avoid Paying for Tax Cut Extension

Senate Republicans are considering changing the budget scoring method to avoid paying for extending the 2017 tax cuts, which cost \$4.6 trillion over 10 years, potentially setting a precedent for future budget decisions and raising concerns about increased national debt.

Progress

48% Bias Score

Reduced Inequality
nbcnews.com
🌐 90% Global Worthiness
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Trump's Russia Policy Shift: Abandoning Allies, Embracing Direct Talks

President Trump abruptly reversed decades of US foreign policy toward Russia, initiating direct negotiations to end the war in Ukraine without Ukrainian government participation, causing alarm among US allies and prompting criticism from Ukraine's president.

Progress

48% Bias Score

Peace, Justice, and Strong Institutions
dw.com
🌐 85% Global Worthiness
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Romania's Record Deficit Sparks Economic and Political Concerns

Romania's 8.7% deficit, the EU's highest, is causing concern among rating agencies after investment fell and the Romanian-German Chamber of Commerce reported weak economic expectations last autumn. Analysts predict less than 1% GDP growth in 2024, while political instability adds further risk.

Progress

60% Bias Score

Decent Work and Economic Growth
lexpress.fr
🌐 75% Global Worthiness
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EU Approves France's Budget Despite High Deficit

The EU approved France's 2024 budget on January 21st, despite a projected 6.1% deficit exceeding the 3% limit, requiring significant spending cuts to reach 5.4% in 2025 and under 3% by 2029; this follows the European Commission's positive assessment and involves 21 EU member states' approved budgets...

Progress

40% Bias Score

Reduced Inequality
faz.net
🌐 75% Global Worthiness
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Austria Averts EU Deficit Procedure With Last-Minute Budget Deal

Austria's FPÖ and ÖVP formed a coalition government and presented a budget plan to the EU on Monday, aiming to avoid a deficit procedure by cutting €6.4 billion without raising taxes; this follows failed negotiations with a center-left coalition.

Progress

60% Bias Score

Reduced Inequality
themarker.com
🌐 85% Global Worthiness
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Israel Increases 2025 Deficit to Fund Defense and National Security

The Israeli government will increase its 2025 deficit to 4.7% of GDP to fund a NIS 4 billion increase in defense spending and a NIS 1.8 billion increase for the Ministry of National Security, partially using funds previously allocated for a war escalation scenario.

Progress

56% Bias Score

Peace, Justice, and Strong Institutions
forbes.com
🌐 85% Global Worthiness
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House Budget Resolution: Tax Cuts Contingent on Spending Cuts; Senate Proposes Loophole

The House passed a budget resolution with massive tax cuts, contingent on $2 trillion in spending cuts; the Senate proposes a budgetary loophole to make existing tax cuts cost-free, potentially enabling the elimination of taxes on tips and overtime, but faces opposition from fiscal conservatives.

Progress

52% Bias Score

Reduced Inequality
lefigaro.fr
🌐 75% Global Worthiness
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French Senate Approves 2025 Social Security Budget with €22.1 Billion Deficit

The French Senate approved the 2025 Social Security budget on Monday, with a €22.1 billion deficit, following concessions to opposition parties and the censure of the previous government; the budget includes increased health spending and a new penalty for missed medical appointments.

Progress

36% Bias Score

Good Health and Well-being
dw.com
🌐 75% Global Worthiness
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France Approves 2025 Budget: €585 Billion Spending, Deficit Reduction Measures

The French Senate approved the €585 billion 2025 budget, aiming to reduce the deficit to 5.4% through €18 billion in tax increases (including on large companies and high earners) and €23 billion in spending cuts impacting various sectors like ecology and culture, while increasing public debt to 115....

Progress

36% Bias Score

Reduced Inequality
lemonde.fr
🌐 85% Global Worthiness
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EU Approves France's Revised Budget, Projecting 5.4% Deficit in 2025

On January 20th, the European Commission approved France's revised budget, projecting a 5.4% deficit in 2025 but maintaining the goal of a deficit below 3% by 2029; this follows a government change and aims to address France's high debt.

Progress

48% Bias Score

Reduced Inequality
bbs.chinadaily.com.cn
🌐 85% Global Worthiness
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China to Implement Proactive Fiscal Policy with Increased Deficit and Bond Issuance

China will significantly increase its fiscal spending in 2024, raising its deficit-to-GDP ratio potentially to 4 percent and issuing more government bonds to boost economic growth, specifically targeting infrastructure and affordable housing to counter domestic and global economic headwinds.

Progress

52% Bias Score

Decent Work and Economic Growth

Showing 13 to 24 of 32 results