Tag #Fiscal Policy

Showing 157 to 168 of 781 results

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France Faces Urgent Call for €105 Billion in Budget Cuts

France's Court of Auditors calls for substantial budgetary cuts to address its soaring public deficit (5.8% of GDP in 2024) and high debt (114% of GDP), estimating €105 billion in savings are needed by 2029 to meet the government's target of a deficit below 3% of GDP.

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52% Bias Score

Reduced Inequality
forbes.com
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Senate Passes Trump's Tax Cut Bill, Increasing Deficit by $4.3 Trillion

The Senate passed President Trump's "One Big Beautiful Bill" 51-50, making permanent several 2017 tax cuts, increasing the deficit by $4.3 trillion over 10 years, partially offset by $1.460 trillion in spending cuts, according to the Penn Wharton Budget Model; the bill now goes to the House.

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36% Bias Score

Reduced Inequality
foxnews.com
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Trump's "Big, Beautiful Bill" Passes Key Senate Vote Amidst Partisan Divisions

President Donald Trump's "big, beautiful bill" passed a key Senate vote 51-49 on Saturday night, with Sen. Ron Johnson changing his vote to "yes," despite Democrats delaying the debate by forcing a full reading of the 940-page bill; Republicans frame it as vital to fiscal health, while Democrats lab...

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56% Bias Score

Reduced Inequality
lexpress.fr
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France's Budgetary Crisis: Rising Interest Rates and Geopolitical Instability

France faces a serious budgetary crisis due to rising global interest rates, spurred by Trump's policies and Germany's rearmament. Proposed solutions, such as a budget freeze, are considered insufficient to tackle the long-term challenges, highlighting the need for systemic reform.

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60% Bias Score

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dailymail.co.uk
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Labour's Spending Review: High Bond Yields Undermine Fiscal Strategy

Labour's spending review, criticized by the IFS as confusing and lacking strategic vision, faces challenges from high UK bond yields (4.5 percent) which inflate the current budget due to increased borrowing costs, despite April's economic downturn (0.3 percent shrink) caused by trade issues and poli...

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56% Bias Score

Reduced Inequality
npr.org
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GOP Spending Bill Sparks Internal Conflict, Raises Deficit by \$2.4 Trillion

The Republican party's massive spending bill, projected to add \$2.4 trillion to the deficit over the next decade, is causing internal division, particularly between fiscal conservatives and those prioritizing other policy goals; the bill includes tax cuts and increased spending on immigration and d...

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48% Bias Score

Reduced Inequality
zeit.de
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Germany's Coalition Breaks Electricity Tax Promise

The German CDU/CSU-SPD coalition government faced immediate criticism for breaking its promise to lower the electricity tax for all consumers due to budgetary constraints, opting to reduce it only for industry and agriculture, sparking internal conflict and public outrage.

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60% Bias Score

Reduced Inequality
elpais.com
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US Senate Passes Controversial "One Big Beautiful Bill" by One Vote

The US Senate narrowly passed the "One Big Beautiful Bill", a controversial $3.3 trillion fiscal and spending reform championed by President Trump, after a 15-hour public reading and intense debate, despite significant opposition within the Republican party and projections of a substantial increase ...

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44% Bias Score

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elpais.com
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IMF Urges Fiscal Restraint Amid Increased Eurozone Defense Spending

The IMF recommends that Eurozone countries carefully manage increased defense spending, urging restraint in using escape clauses and emphasizing the need for coordination between national and EU budgets to maintain fiscal sustainability amid high public debt levels and other pressing financial deman...

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44% Bias Score

Reduced Inequality
theguardian.com
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IFS Director Critiques UK's Short-Sighted Fiscal Policy

Paul Johnson, retiring director of the Institute for Fiscal Studies, criticizes the UK's recent fiscal policy, citing a lack of long-term planning and understanding of scale, exemplified by Labour's U-turn on the winter fuel allowance and the lack of substantial, long-term chancellors in recent year...

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52% Bias Score

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dailymail.co.uk
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Labour's £4 Trillion Spending Spree: Tax Hikes Loom

Labour Chancellor Rachel Reeves unveiled a £4 trillion spending plan, including substantial NHS and infrastructure investment, but experts warn of imminent tax hikes due to the plan's scale and reliance on potentially unrealistic efficiency savings.

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64% Bias Score

Reduced Inequality
theguardian.com
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UK Chancellor Unveils Billions in Infrastructure Spending Amidst Departmental Cuts

Chancellor Rachel Reeves announced a multi-billion pound infrastructure investment plan focused on "renewing Britain," including significant funding for the NHS and defense, but also imposing real-terms cuts to several other government departments, causing concerns about a potential return to auster...

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44% Bias Score

Reduced Inequality

Showing 157 to 168 of 781 results