Showing 181 to 192 of 602 results
UK National Debt to Surge by £600 Billion, Triggering Soaring Interest Payments
Britain faces a £600 billion increase in national debt by 2030, leading to nearly £600 billion in interest payments over five years—£30 billion more than previously forecast—due to sustained overspending since 2001, exacerbated by the financial crisis and the COVID-19 pandemic.
UK National Debt to Surge by £600 Billion, Triggering Soaring Interest Payments
Britain faces a £600 billion increase in national debt by 2030, leading to nearly £600 billion in interest payments over five years—£30 billion more than previously forecast—due to sustained overspending since 2001, exacerbated by the financial crisis and the COVID-19 pandemic.
Progress
56% Bias Score
France's 2024 Public Deficit Reaches 5.8% of GDP
France's 2024 public deficit reached 5.8% of GDP, exceeding initial projections despite being slightly better than anticipated, due to higher public spending and slower revenue growth, increasing its public debt to over €3.3 trillion.
France's 2024 Public Deficit Reaches 5.8% of GDP
France's 2024 public deficit reached 5.8% of GDP, exceeding initial projections despite being slightly better than anticipated, due to higher public spending and slower revenue growth, increasing its public debt to over €3.3 trillion.
Progress
48% Bias Score
Spain's Public Deficit Falls to Five-Year Low Despite Storm and Legal Costs
Spain's 2024 public deficit reached 2.8% of GDP (€44.597 billion), a five-year low, driven by economic growth and record tax revenue, despite additional spending due to the 'Dana' storm and court-ordered payments; the government projects further deficit reduction in coming years.
Spain's Public Deficit Falls to Five-Year Low Despite Storm and Legal Costs
Spain's 2024 public deficit reached 2.8% of GDP (€44.597 billion), a five-year low, driven by economic growth and record tax revenue, despite additional spending due to the 'Dana' storm and court-ordered payments; the government projects further deficit reduction in coming years.
Progress
44% Bias Score
Canada to Issue Final Carbon Rebate Amidst Tax Elimination, Adding to Budget Deficit
The Canadian government will issue a final $3.8 billion carbon tax rebate in April, despite eliminating the tax itself, adding to the projected $46.8 billion federal deficit by 2025-2026; the funding source remains undisclosed, and the payments vary by household size and location.
Canada to Issue Final Carbon Rebate Amidst Tax Elimination, Adding to Budget Deficit
The Canadian government will issue a final $3.8 billion carbon tax rebate in April, despite eliminating the tax itself, adding to the projected $46.8 billion federal deficit by 2025-2026; the funding source remains undisclosed, and the payments vary by household size and location.
Progress
48% Bias Score
Greece to Use Tax Revenue and Defense Spending to Fund Tax Cuts
The Greek government aims to utilize €2 billion in reduced tax evasion and potential defense spending exemptions to fund tax cuts and public investments in 2026 (€1.5 billion) and possibly 2025 (€500 million), though off-budget spending currently exceeds targets.
Greece to Use Tax Revenue and Defense Spending to Fund Tax Cuts
The Greek government aims to utilize €2 billion in reduced tax evasion and potential defense spending exemptions to fund tax cuts and public investments in 2026 (€1.5 billion) and possibly 2025 (€500 million), though off-budget spending currently exceeds targets.
Progress
36% Bias Score
UK Chancellor Announces Additional Welfare Cuts Amidst Defense Spending Increase
Chancellor Rachel Reeves will announce £500 million in additional UK welfare cuts on Wednesday to address a budget shortfall, alongside a £2.2 billion increase in defense spending, prompting concerns about the impact on vulnerable populations and potential future tax increases.
UK Chancellor Announces Additional Welfare Cuts Amidst Defense Spending Increase
Chancellor Rachel Reeves will announce £500 million in additional UK welfare cuts on Wednesday to address a budget shortfall, alongside a £2.2 billion increase in defense spending, prompting concerns about the impact on vulnerable populations and potential future tax increases.
Progress
52% Bias Score
Spain's 'Cold Progressivity': €9.75 Billion in Unintended Tax Revenue
Spain's inflation from 2021 to 2024 created a 'cold progressivity' effect, generating €9.75 billion in extra tax revenue due to non-indexed income tax brackets, disproportionately impacting middle-income earners who paid an average of €458 more.
Spain's 'Cold Progressivity': €9.75 Billion in Unintended Tax Revenue
Spain's inflation from 2021 to 2024 created a 'cold progressivity' effect, generating €9.75 billion in extra tax revenue due to non-indexed income tax brackets, disproportionately impacting middle-income earners who paid an average of €458 more.
Progress
36% 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
Labour MPs Rebel Against Welfare Cuts, Challenging Chancellor's Fiscal Policy
Labour MPs are rebelling against planned welfare cuts revealed in a government impact assessment showing increased poverty, creating internal conflict and challenging the Chancellor's fiscal approach.
Labour MPs Rebel Against Welfare Cuts, Challenging Chancellor's Fiscal Policy
Labour MPs are rebelling against planned welfare cuts revealed in a government impact assessment showing increased poverty, creating internal conflict and challenging the Chancellor's fiscal approach.
Progress
48% Bias Score
IFS Warns of High Risk of UK Budget Failure, Potentially Requiring Tax Hikes
The Institute for Fiscal Studies (IFS) warns that UK Chancellor Rachel Reeves's fiscal plans have only a 51-54% chance of success, necessitating potential tax hikes or spending cuts due to tight budget constraints and external economic shocks like potential US tariffs on car imports.
IFS Warns of High Risk of UK Budget Failure, Potentially Requiring Tax Hikes
The Institute for Fiscal Studies (IFS) warns that UK Chancellor Rachel Reeves's fiscal plans have only a 51-54% chance of success, necessitating potential tax hikes or spending cuts due to tight budget constraints and external economic shocks like potential US tariffs on car imports.
Progress
56% Bias Score
CBO Warns of Potential US Government Default in Late 2025
The Congressional Budget Office (CBO) warns the U.S. government may default on its debt as early as August or September 2025 if Congress fails to raise the $36.1 trillion debt ceiling, creating a potential economic crisis.
CBO Warns of Potential US Government Default in Late 2025
The Congressional Budget Office (CBO) warns the U.S. government may default on its debt as early as August or September 2025 if Congress fails to raise the $36.1 trillion debt ceiling, creating a potential economic crisis.
Progress
36% Bias Score
German Court Upholds Solidarity Surcharge Until 2030
The German Federal Constitutional Court upheld the legality of the solidarity surcharge (Soli) until at least 2030, rejecting a complaint by FDP members. The court ruled that the tax remains justified to cover costs associated with German reunification, with its current modified form, primarily targ...
German Court Upholds Solidarity Surcharge Until 2030
The German Federal Constitutional Court upheld the legality of the solidarity surcharge (Soli) until at least 2030, rejecting a complaint by FDP members. The court ruled that the tax remains justified to cover costs associated with German reunification, with its current modified form, primarily targ...
Progress
44% Bias Score
Showing 181 to 192 of 602 results