Tag #Fiscal Policy

Showing 73 to 84 of 458 results

theguardian.com
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UK Faces Economic Crisis: Government Aims for Fiscal Balance Amidst Long-Term Challenges

The UK faces a severe economic crisis with a national debt over 100% of GDP and persistent deficits since 1984; the government aims to balance day-to-day spending and tax revenues within five years through spending cuts and tax increases, but long-term reforms are crucial for sustainable growth and ...

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52% Bias Score

No Poverty
theguardian.com
🌐 85% Global Worthiness
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UK Living Standards Set to Fall by 2030

New data reveals a projected £1,400 drop in average UK family income by 2030, with the lowest earners experiencing a 6% decline, challenging Labour's economic promises and coinciding with government spending cuts.

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52% Bias Score

No Poverty
welt.de
🌐 75% Global Worthiness
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Hamburg Coalition Talks Focus on Debt, Infrastructure Amidst Stalled Projects

Following the Hamburg state election on March 2nd, coalition talks are underway to address the city's \$22 billion debt and stalled infrastructure projects, with discussions focusing on potential changes to the debt brake and differing spending priorities among parties.

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48% Bias Score

Sustainable Cities and Communities
news.sky.com
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Germany Approves Massive Defense Spending Increase

The German parliament is set to approve a plan to increase defense and infrastructure spending by over €500 billion, loosening post-2008 debt rules; this comes amid concerns over Russia's potential threat to NATO.

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40% Bias Score

Peace, Justice, and Strong Institutions
faz.net
🌐 85% Global Worthiness
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German Bundesrat Poised to Approve Controversial Debt Package

The German Bundesrat is expected to approve a debt package this Friday, enabling German states to borrow up to €15 billion in 2024 and receive €100 billion for infrastructure over 12 years, despite some legal challenges and political opposition.

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40% Bias Score

Reduced Inequality
politico.eu
🌐 85% Global Worthiness
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Germany's Budget U-Turn Shakes EU

Germany drastically changed its budget policy, increasing defense spending by hundreds of billions of euros and attempting to rewrite EU fiscal rules, a move driven by the Ukraine conflict but met with skepticism from other EU nations due to concerns about debt sustainability and unilateralism.

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44% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Government Announces £10bn Spending Cuts Amidst Political Backlash

The UK government announced £10bn in spending cuts, including £5bn in welfare cuts, to meet fiscal targets and avoid a bond market crisis, prompting criticism and raising concerns about social impacts and the government's broader agenda.

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56% Bias Score

No Poverty
zeit.de
🌐 85% Global Worthiness
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Germany Relaxes Debt Brake, Approves €200 Billion Spending Package

Germany's parliament passed a constitutional amendment relaxing its debt brake to allow for €100 billion in new spending for infrastructure and €100 billion for climate action, plus additional borrowing for defense, exceeding the usual limit by approximately €44 billion this year.

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36% Bias Score

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dailymail.co.uk
🌐 75% Global Worthiness
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UK Borrowing Soars, Forcing Spending Cuts

UK public sector borrowing hit £132.2 billion, £20.4 billion above forecasts, forcing Chancellor Rachel Reeves to seek drastic spending cuts ahead of the Spring financial statement, despite pledges to improve public services.

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64% Bias Score

Reduced Inequality
dw.com
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Bundesrat Vote on German Debt Brake Could Trigger Political Crisis

Germany's Bundesrat is voting on March 17th on a constitutional amendment relaxing the debt brake, enabling increased spending on defense, infrastructure, and climate. The vote's outcome is uncertain due to regional objections, and a rejection could cause a political crisis and delay the spending pl...

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56% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Australia's Hidden Budget Deficit: Off-Budget Items Mask True Fiscal Reality

Australia's Treasurer Jim Chalmers's upcoming budget will show an underlying deficit of approximately $20 billion; however, the inclusion of off-budget items, such as loans and investments, could nearly double the actual deficit to approximately $40 billion, raising concerns about fiscal transparenc...

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52% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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German Bundesrat Approves Increased Borrowing for Infrastructure and Climate Protection

The German Bundesrat approved a constitutional amendment allowing increased borrowing for infrastructure and climate protection, exceeding 500 billion euros, with Bavaria providing crucial votes; the amendment also relaxes the debt brake for federal states.

Progress

40% Bias Score

Reduced Inequality

Showing 73 to 84 of 458 results