Tag #Fiscal Policy

Showing 265 to 276 of 602 results

nytimes.com
🌐 85% Global Worthiness
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GOP Explores Budget Trick to Mask $4 Trillion Tax Cut Cost

Republican lawmakers are considering a budgeting strategy to make a $4 trillion tax cut extension appear cost-free by assuming current policies continue indefinitely, bypassing budget reconciliation rules; this approach is opposed by many experts.

Progress

48% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Merz Announces Cost Cuts Despite €500 Billion Spending Plan

CDU/CSU leader Friedrich Merz announced that despite his proposed €500 billion financial package, Germany's next government will need to cut costs across all government levels; this comes after the package gained approval from the Bundestag's Budget Committee and faces legal challenges.

Progress

48% Bias Score

Reduced Inequality
dw.com
🌐 75% Global Worthiness
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Germany's GDP Growth Downgraded to 0.4 Percent

Germany's GDP growth forecast for 2025 has been significantly lowered to 0.4 percent by the OECD, second only to Mexico among G20 nations, due to recent economic contraction; however, a large new spending package may boost growth in 2026.

Progress

32% Bias Score

Decent Work and Economic Growth
corriere.it
🌐 75% Global Worthiness
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Italian Municipalities Raise Taxes Amidst Funding Cuts

Due to reduced central government transfers and increased costs, Italian municipalities have raised local taxes by €4 billion over the last 10 years, impacting families and potentially reducing service quality.

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52% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Inflationary Tax Increase Impacts UK Households

The UK government's failure to increase tax allowances alongside inflation will result in higher tax bills for many working people and pensioners in the coming month, pushing them into higher tax brackets due to the rising cost of living.

Progress

48% Bias Score

Reduced Inequality
arabic.euronews.com
🌐 90% Global Worthiness
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Germany Approves Massive Spending Plan for Defense and Infrastructure

After days of intense negotiations, major German political parties agreed on a massive spending plan allocating hundreds of billions of euros to defense and infrastructure, including a €500 billion fund and a €100 billion allocation to climate change initiatives, marking a significant shift in Germa...

Progress

44% Bias Score

Industry, Innovation, and Infrastructure
dw.com
🌐 85% Global Worthiness
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German Coalition Agrees to €500 Billion Investment Package, Lifting Debt Brake

Germany's CDU, SPD, and Greens are poised to form a coalition government, agreeing to amend the constitution to lift the debt brake and facilitate a €500 billion investment package, a move met with cautious optimism and concerns from the German press.

Progress

56% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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Ifo Institute drastically cuts German GDP growth forecast to 0.2% for 2024

The Ifo Institute significantly lowered Germany's 2024 GDP growth forecast to 0.2%, citing weak demand, international competition, and political uncertainty as major factors; a slight recovery is projected for 2026.

Progress

40% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Mitsotakis Announces Tax Cuts or Increased Investment Following Moody's Upgrade

Greek Prime Minister Kyriakos Mitsotakis visited the Ministry of Finance on Monday, following a Moody's upgrade to investment grade, announcing plans to return increased government revenue to citizens via tax cuts or public investment while maintaining fiscal stability and emphasizing the continued ...

Progress

40% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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Merz's Financial Package Faces Crucial Bundesrat Vote in Bayern

Germany's likely next Chancellor, Friedrich Merz, needs Bayern's support in the Bundesrat for his large financial package including investments in defense, infrastructure, and climate protection; the Free Voters' opposition jeopardizes this, potentially leading to a coalition shift in Bayern.

Progress

44% Bias Score

Climate Action
elpais.com
🌐 75% Global Worthiness
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Colombia's Finance Minister Tackles High Debt and Deficit

Colombia's 39-year-old Finance Minister, Diego Guevara, is tackling a 5.1% GDP deficit and 60% debt by implementing budget cuts, renegotiating payments, and prioritizing debt repayment while navigating political and economic sensitivities.

Progress

32% Bias Score

Reduced Inequality
thetimes.com
🌐 85% Global Worthiness
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Germany Approves Major Spending Package, Ending Decade of Fiscal Austerity

Germany's parliament is set to approve a major spending package, abandoning its fiscal conservatism after a decade of budget restrictions, a shift driven by Russia's war in Ukraine and uncertainty over US military aid, despite initial opposition from some parties and legal challenges.

Progress

32% Bias Score

Reduced Inequality

Showing 265 to 276 of 602 results