Tag #Fiscal Policy

Showing 97 to 108 of 803 results

news.sky.com
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Dalio Warns of UK "Debt Doom Loop", Urges Deficit Reduction

Hedge fund manager Ray Dalio warns the UK faces a "debt doom loop" with debt at 101% of GDP, necessitating tax increases that risk capital flight and worsening the fiscal situation; he advocates for deficit reduction to 3% of GDP through spending cuts and tax increases to avoid further economic dete...

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44% Bias Score

Reduced Inequality
zeit.de
🌐 75% Global Worthiness
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German Budget Criticized for Misallocation and Cuts to Social Programs

Lisa Paus, chairwoman of the Bundestag budget committee, criticized Germany's government for misallocating its record budget, citing the use of funds to plug budget holes instead of investments in climate protection and competitiveness, along with cuts to social programs and broken promises on tax c...

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28% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Venmo Payments Now Accepted to Reduce US National Debt

The US Treasury added Venmo as a payment option for citizens to contribute towards reducing the national debt, which has ballooned from \$10.28 trillion in 2001 to \$36.72 trillion in 2024, despite approximately \$67.3 million in voluntary contributions since 1996.

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56% Bias Score

Reduced Inequality
kathimerini.gr
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Greece Exceeds First-Half Budget Target by €717 Million

Greece exceeded its first-half 2024 budget target by €717 million due to increased tax revenues, primarily from income taxes, despite lower-than-expected public investment spending; however, further surpluses are needed to meet the revised 3.2% of GDP target.

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36% Bias Score

Reduced Inequality
foxnews.com
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High U.S. Debt Hinders Trump's Low-Interest-Rate Goal

Despite strong June retail sales (up 0.6%) and record stock market highs, the U.S.'s $37 trillion debt, costing over $1 trillion annually in interest (exceeding defense spending), is hindering President Trump's efforts to lower interest rates; this is complicated by recent debt downgrades and global...

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44% Bias Score

Reduced Inequality
theguardian.com
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UK June Borrowing Hits £20.7 Billion, Exceeding Forecasts

The UK government's June borrowing totalled £20.7 billion, exceeding forecasts by £4.2 billion and driven by increased public service costs and higher debt-servicing costs, amid growing economic uncertainty and recent government policy reversals.

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48% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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Caso Montoro": Investigation Underway Amidst Spanish Political Maneuvering

Former Spanish Minister of Finance Cristóbal Montoro is under investigation for alleged wrongdoing; the government is accused of using the case for political gain while the opposition maintains Montoro's actions predate their leadership.

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56% Bias Score

Reduced Inequality
elpais.com
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Political Pressure Threatens Chile's Fiscal Council Independence

Chile's autonomous Fiscal Council (CFA), created in 2019, faces political attacks questioning its independence and objectivity in evaluating government fiscal policies, particularly from the Communist Party and Broad Front, despite its legal mandate and oversight by the Comptroller General.

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52% Bias Score

Reduced Inequality
elmundo.es
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Izquierda Europea Calls for New Progressive Coalition in Spain

Izquierda Europea, led by Guillermo del Valle, is calling for a new progressive coalition in Spain, criticizing the PSOE's handling of recent corruption scandals and the proposed Catalan funding deal, which they deem an unacceptable fiscal privilege, and arguing that the current PSOE leadership is p...

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56% Bias Score

Reduced Inequality
dailymail.co.uk
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IMF Warns of Drastic UK Spending Cuts Unless Taxes Rise

The IMF warns that UK Chancellor Rachel Reeves must raise taxes or cut spending drastically to address a £30 billion budget deficit, potentially impacting pensions and NHS services; this follows the government's recent policy reversal on benefit reforms.

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52% Bias Score

Reduced Inequality
spanish.china.org.cn
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US Debt to Rise $4.1 Trillion Due to New Spending Bill

A newly enacted US law, costing $3.39 trillion, significantly increases the US deficit from 2025-2034, resulting from tax cuts and increased spending, worsening the already high national debt exceeding $36.2 trillion.

Progress

48% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
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UK Chancellor Weighs Wealth Tax Amidst £6 Billion Budget Deficit

Facing a £6 billion budget deficit after reinstating welfare payments, the UK chancellor considers a wealth tax on assets over £10 million to raise £12 billion, but faces concerns about its effectiveness and potential capital flight.

Progress

40% Bias Score

Reduced Inequality

Showing 97 to 108 of 803 results