Showing 37 to 48 of 781 results
Germany's Economy Contracts Sharply in Q2 2024
Germany's economy shrank by 0.3 percent in Q2 2024, worse than the initial estimate, due to weak industrial production and dampened consumer spending; the government's new borrowing decreased to 28.9 billion euros in the first half of the year.
Germany's Economy Contracts Sharply in Q2 2024
Germany's economy shrank by 0.3 percent in Q2 2024, worse than the initial estimate, due to weak industrial production and dampened consumer spending; the government's new borrowing decreased to 28.9 billion euros in the first half of the year.
Progress
40% Bias Score
US Budget Deficit to Increase by Nearly \$1 Trillion Due to Tax Cuts and Spending
The US Congressional Budget Office projects a \$22.7 trillion cumulative budget deficit by 2035, a \$0.9 trillion increase from prior estimates, mainly due to President Trump's tax cuts and increased spending, partially offset by tariff revenue.
US Budget Deficit to Increase by Nearly \$1 Trillion Due to Tax Cuts and Spending
The US Congressional Budget Office projects a \$22.7 trillion cumulative budget deficit by 2035, a \$0.9 trillion increase from prior estimates, mainly due to President Trump's tax cuts and increased spending, partially offset by tariff revenue.
Progress
40% Bias Score
Chalmers and O'Brien Clash Over Government Spending at Economic Summit
At a government economic summit, Treasurer Jim Chalmers and Shadow Treasurer Ted O'Brien clashed over government spending, with O'Brien accusing Chalmers of overspending and creating long-term deficits, while Chalmers rejected O'Brien's claims. The disagreement highlights contrasting fiscal manageme...
Chalmers and O'Brien Clash Over Government Spending at Economic Summit
At a government economic summit, Treasurer Jim Chalmers and Shadow Treasurer Ted O'Brien clashed over government spending, with O'Brien accusing Chalmers of overspending and creating long-term deficits, while Chalmers rejected O'Brien's claims. The disagreement highlights contrasting fiscal manageme...
Progress
52% Bias Score
US to Use $100 Billion in Tariff Revenue for Debt Reduction, Rejecting Rebate Checks
Treasury Secretary Scott Bessent announced that $100 billion in tariff revenue will be used to pay down the national debt, rejecting proposals for rebate checks; he expects significantly higher tariff revenue than the $300 billion initially projected.
US to Use $100 Billion in Tariff Revenue for Debt Reduction, Rejecting Rebate Checks
Treasury Secretary Scott Bessent announced that $100 billion in tariff revenue will be used to pay down the national debt, rejecting proposals for rebate checks; he expects significantly higher tariff revenue than the $300 billion initially projected.
Progress
36% Bias Score
German Union Rejects Proposed Tax Hikes for Wealthy, Creating Budget Impasse
Germany's Union bloc rejects Finance Minister Lars Klingbeil's proposal for tax increases on high earners, citing the coalition agreement's commitment to tax cuts; this creates tension within the coalition government over how to address a projected €30 billion budget deficit by 2027.
German Union Rejects Proposed Tax Hikes for Wealthy, Creating Budget Impasse
Germany's Union bloc rejects Finance Minister Lars Klingbeil's proposal for tax increases on high earners, citing the coalition agreement's commitment to tax cuts; this creates tension within the coalition government over how to address a projected €30 billion budget deficit by 2027.
Progress
48% Bias Score
UK Faces Pressure to Increase Wealth Taxes Amidst Budget Shortfall
Facing a potential £20-£50 billion budget shortfall, the UK government is under pressure to increase taxes on the wealthy, sparking debate over wealth taxes versus incremental changes to existing taxes like inheritance and capital gains taxes; challenges include data limitations and differing econom...
UK Faces Pressure to Increase Wealth Taxes Amidst Budget Shortfall
Facing a potential £20-£50 billion budget shortfall, the UK government is under pressure to increase taxes on the wealthy, sparking debate over wealth taxes versus incremental changes to existing taxes like inheritance and capital gains taxes; challenges include data limitations and differing econom...
Progress
52% Bias Score
Germany's National Debt Falls Significantly in First Half of 2025
Germany's national debt fell to €28.9 billion in the first half of 2025, a €19.4 billion decrease compared to 2024, driven by lower federal and state deficits, but offset by a rise in municipal debt. Increased tax and social security revenues contributed to this improvement, although future defense ...
Germany's National Debt Falls Significantly in First Half of 2025
Germany's national debt fell to €28.9 billion in the first half of 2025, a €19.4 billion decrease compared to 2024, driven by lower federal and state deficits, but offset by a rise in municipal debt. Increased tax and social security revenues contributed to this improvement, although future defense ...
Progress
36% Bias Score
Argentina's Opposition Defeats Milei's Vetoes on Key Spending Bills
Argentina's Chamber of Deputies overrode President Javier Milei's vetoes on increased disability care funding (172-73), retirement pension increases (160-83), and the automatic distribution of the ATN fund to provinces (143-90), showcasing a united opposition against his fiscal policies.
Argentina's Opposition Defeats Milei's Vetoes on Key Spending Bills
Argentina's Chamber of Deputies overrode President Javier Milei's vetoes on increased disability care funding (172-73), retirement pension increases (160-83), and the automatic distribution of the ATN fund to provinces (143-90), showcasing a united opposition against his fiscal policies.
Progress
40% Bias Score
Catalan Budget Demands Halt Spanish 2026 Budget Negotiations
Spanish budget negotiations are stalled due to ERC's demand for a new financing model for Catalonia, creating a political crisis as ERC leader Oriol Junqueras links budget approval to fiscal reforms and criticizes the Minister of Finance, María Jesús Montero, for prioritizing Andalusian electoral in...
Catalan Budget Demands Halt Spanish 2026 Budget Negotiations
Spanish budget negotiations are stalled due to ERC's demand for a new financing model for Catalonia, creating a political crisis as ERC leader Oriol Junqueras links budget approval to fiscal reforms and criticizes the Minister of Finance, María Jesús Montero, for prioritizing Andalusian electoral in...
Progress
60% Bias Score
S&P Affirms U.S. Credit Rating Amid Tariff Revenue Surge
S&P Global Ratings reaffirmed the U.S.'s AA+ credit rating on Monday, citing offsetting effects of $30 billion in tariff revenue (a 242% increase since July 2024) against tax cuts enacted by the "One Big Beautiful Bill Act", despite a slowing economy and weak job growth.
S&P Affirms U.S. Credit Rating Amid Tariff Revenue Surge
S&P Global Ratings reaffirmed the U.S.'s AA+ credit rating on Monday, citing offsetting effects of $30 billion in tariff revenue (a 242% increase since July 2024) against tax cuts enacted by the "One Big Beautiful Bill Act", despite a slowing economy and weak job growth.
Progress
40% Bias Score
Valencian Tax Cuts for the Wealthy to Cost €61 Million Annually
The Valencian regional government's new tax law, agreed with the far-right Vox party, will reduce Inheritance Tax revenue by €61 million annually, impacting social services; this benefits 27,711 of the wealthiest residents and exempts almost half of those who usually pay.
Valencian Tax Cuts for the Wealthy to Cost €61 Million Annually
The Valencian regional government's new tax law, agreed with the far-right Vox party, will reduce Inheritance Tax revenue by €61 million annually, impacting social services; this benefits 27,711 of the wealthiest residents and exempts almost half of those who usually pay.
Progress
60% Bias Score
Germany Considers Higher Taxes for High Earners to Address €30 Billion Budget Gap
German Finance Minister Lars Klingbeil is considering higher taxes on high earners to address a €30 billion budget gap in 2027, despite opposition from coalition partner CSU, who increased spending with policies such as expanding the Mütterrente, lowering VAT in gastronomy, and subsidizing agricultu...
Germany Considers Higher Taxes for High Earners to Address €30 Billion Budget Gap
German Finance Minister Lars Klingbeil is considering higher taxes on high earners to address a €30 billion budget gap in 2027, despite opposition from coalition partner CSU, who increased spending with policies such as expanding the Mütterrente, lowering VAT in gastronomy, and subsidizing agricultu...
Progress
44% Bias Score
Showing 37 to 48 of 781 results