Tag #Fiscal Policy

Showing 25 to 36 of 444 results

dailymail.co.uk
🌐 85% Global Worthiness
News related image

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

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
News related image

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

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
News related image

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

No Poverty
kathimerini.gr
🌐 75% Global Worthiness
News related image

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

Reduced Inequality
sueddeutsche.de
🌐 85% Global Worthiness
News related image

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

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
News related image

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

Reduced Inequality
lexpress.fr
🌐 85% Global Worthiness
News related image

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

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
News related image

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

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
News related image

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

Reduced Inequality
abcnews.go.com
🌐 90% Global Worthiness
News related image

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

Reduced Inequality
zeit.de
🌐 85% Global Worthiness
News related image

German Court Upholds Solidarity Surcharge Constitutionality

The German Federal Constitutional Court ruled the solidarity surcharge (Soli) constitutional, rejecting a 2020 complaint by six FDP politicians who argued it violated property rights after the end of the second solidarity pact in 2019; the court emphasized the continued need for additional federal f...

Progress

40% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
News related image

German Investment Fund Sparks Controversy Over Allocation

Germany's 500 billion euro special fund, designed to boost investment, has sparked controversy due to its allocation: states and municipalities, despite doing 60% of the investment, receive only 20%, while the federal government controls most of the spending, raising concerns about fairness and long...

Progress

48% Bias Score

Reduced Inequality

Showing 25 to 36 of 444 results