French Government Averts Budget Crisis with Concessions, Faces €12 Billion Censure Cost
French Economy Minister Eric Lombard warned that censuring the government's 2025 budget would cost €12 billion, prompting concessions to the Socialist Party to secure its passage. The government projects a 6% deficit for 2024 and plans a €50 billion budgetary effort for 2025, alongside EU capital ma...
French Government Averts Budget Crisis with Concessions, Faces €12 Billion Censure Cost
French Economy Minister Eric Lombard warned that censuring the government's 2025 budget would cost €12 billion, prompting concessions to the Socialist Party to secure its passage. The government projects a 6% deficit for 2024 and plans a €50 billion budgetary effort for 2025, alongside EU capital ma...
Progress
44% Bias Score
Frankfurt's Property Tax Reform: Winners and Losers
Frankfurt's new property tax system, based on a state-mandated calculation, increases taxes for 78,000 residents (46%) and lowers them for 91,000, maintaining the city's overall annual revenue of roughly €220 million; however, many residents are facing increased tax burdens due to the new area-facto...
Frankfurt's Property Tax Reform: Winners and Losers
Frankfurt's new property tax system, based on a state-mandated calculation, increases taxes for 78,000 residents (46%) and lowers them for 91,000, maintaining the city's overall annual revenue of roughly €220 million; however, many residents are facing increased tax burdens due to the new area-facto...
Progress
36% Bias Score
US Averts Debt Ceiling Crisis, But Trump's Agenda Looms
The US narrowly avoids breaching its $US36.1 trillion debt ceiling with temporary measures as Treasury Secretary Janet Yellen warns of potential default if Congress fails to act; President Trump's agenda, including tax cuts, is projected to add $US7.75 trillion to the national debt over a decade.
US Averts Debt Ceiling Crisis, But Trump's Agenda Looms
The US narrowly avoids breaching its $US36.1 trillion debt ceiling with temporary measures as Treasury Secretary Janet Yellen warns of potential default if Congress fails to act; President Trump's agenda, including tax cuts, is projected to add $US7.75 trillion to the national debt over a decade.
Progress
52% Bias Score
CSU's "Bayern-Agenda" Proposes Sweeping Policy Changes
The CSU's "Bayern-Agenda" outlines policy proposals exceeding the CDU/CSU's joint election platform, including increasing the commuter allowance to €0.38 per kilometer from the first kilometer, fundamentally reforming the Länderfinanzausgleich, extending the Mütterrente to pre-1992 children (estimat...
CSU's "Bayern-Agenda" Proposes Sweeping Policy Changes
The CSU's "Bayern-Agenda" outlines policy proposals exceeding the CDU/CSU's joint election platform, including increasing the commuter allowance to €0.38 per kilometer from the first kilometer, fundamentally reforming the Länderfinanzausgleich, extending the Mütterrente to pre-1992 children (estimat...
Progress
48% Bias Score
Trump's Treasury Nominee Faces Scrutiny Over Tax Cuts and Global Trade
US Treasury nominee Scott Bessent, a former George Soros employee and Trump advisor, plans to prioritize supply chain security, sanctions, and maintaining the US dollar's global dominance, while facing Senate questioning on taxes, tariffs, trade and potential conflicts of interest; his confirmation ...
Trump's Treasury Nominee Faces Scrutiny Over Tax Cuts and Global Trade
US Treasury nominee Scott Bessent, a former George Soros employee and Trump advisor, plans to prioritize supply chain security, sanctions, and maintaining the US dollar's global dominance, while facing Senate questioning on taxes, tariffs, trade and potential conflicts of interest; his confirmation ...
Progress
40% Bias Score
Germany's Soaring Tax Burden: A 200 Billion Euro Increase and Future Projections
Germany's tax burden has risen significantly, reaching 39.3% of GDP in 2022, driven by factors like inflation, pension tax reforms, and an aging population; this is projected to increase further, reaching potentially 47% by 2029.
Germany's Soaring Tax Burden: A 200 Billion Euro Increase and Future Projections
Germany's tax burden has risen significantly, reaching 39.3% of GDP in 2022, driven by factors like inflation, pension tax reforms, and an aging population; this is projected to increase further, reaching potentially 47% by 2029.
Progress
48% Bias Score
UK Borrowing Surges to Four-Year High, Raising Fiscal Concerns
The UK government's December borrowing hit a four-year high of £17.8 billion, exceeding expectations and raising concerns about the Chancellor's fiscal rules amid increased debt interest and spending.
UK Borrowing Surges to Four-Year High, Raising Fiscal Concerns
The UK government's December borrowing hit a four-year high of £17.8 billion, exceeding expectations and raising concerns about the Chancellor's fiscal rules amid increased debt interest and spending.
Progress
48% Bias Score
French Government Rejects Taxing Retirees to Fund Social Security
French Economy Minister Eric Lombard rejected a proposal by the Labor Minister to tax 40% of retirees to fund social security in the 2025 budget, citing the government's commitment to avoiding new household taxes; the proposal sparked controversy among political parties and government supporters.
French Government Rejects Taxing Retirees to Fund Social Security
French Economy Minister Eric Lombard rejected a proposal by the Labor Minister to tax 40% of retirees to fund social security in the 2025 budget, citing the government's commitment to avoiding new household taxes; the proposal sparked controversy among political parties and government supporters.
Progress
36% Bias Score
Stagnant UK Economy Puts Pressure on Chancellor Reeves
UK Chancellor Rachel Reeves faces intensifying pressure due to Britain's flatlining economy, failing to meet Labour's promised growth targets, despite her outwardly confident demeanor; internal concerns exist within the Labour party regarding her economic policies.
Stagnant UK Economy Puts Pressure on Chancellor Reeves
UK Chancellor Rachel Reeves faces intensifying pressure due to Britain's flatlining economy, failing to meet Labour's promised growth targets, despite her outwardly confident demeanor; internal concerns exist within the Labour party regarding her economic policies.
Progress
56% Bias Score
Hungary's Revised Growth Plan Approved by EU Commission
The European Commission conditionally approved Hungary's revised medium-term economic growth plan, which features reduced government spending to address concerns about the country's high budget deficit and public debt. The plan still exceeds EU targets, leading to an ongoing excessive deficit proced...
Hungary's Revised Growth Plan Approved by EU Commission
The European Commission conditionally approved Hungary's revised medium-term economic growth plan, which features reduced government spending to address concerns about the country's high budget deficit and public debt. The plan still exceeds EU targets, leading to an ongoing excessive deficit proced...
Progress
36% Bias Score
EU Gives France Leeway on Austerity Budget
France's new €53 billion austerity plan, involving spending cuts and tax hikes to reduce its deficit, has been met with tacit approval from the EU, although concerns remain about long-term fiscal impacts and the potential dilution of pension reforms.
EU Gives France Leeway on Austerity Budget
France's new €53 billion austerity plan, involving spending cuts and tax hikes to reduce its deficit, has been met with tacit approval from the EU, although concerns remain about long-term fiscal impacts and the potential dilution of pension reforms.
Progress
56% Bias Score
North Dakota Governor Proposes Plan to Eliminate Residential Property Taxes
North Dakota Governor Kelly Armstrong proposed a plan to eliminate residential property taxes using $483 million in state funds and oil tax savings, aiming to provide initial relief of up to $1,550 per homeowner and eventually eliminate property taxes for many within a decade, despite concerns about...
North Dakota Governor Proposes Plan to Eliminate Residential Property Taxes
North Dakota Governor Kelly Armstrong proposed a plan to eliminate residential property taxes using $483 million in state funds and oil tax savings, aiming to provide initial relief of up to $1,550 per homeowner and eventually eliminate property taxes for many within a decade, despite concerns about...
Progress
48% Bias Score