Tag #Fiscal Responsibility

Showing 1 to 12 of 29 results

news.sky.com
🌐 85% Global Worthiness
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UK to Significantly Increase Defense Spending, Raising Concerns about Public Service Cuts

The UK government will increase defense spending to 2.5% of GDP by 2027 and 5% by 2035, potentially impacting welfare and public services due to economic constraints and amidst growing global threats.

Progress

56% Bias Score

Reduced Inequality
abcnews.go.com
🌐 75% Global Worthiness
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State-Level "DOGE" Programs: Cost-Cutting or Political Tool?

At least 26 states have launched "DOGE" (Department of Government Efficiency) programs, mirroring President Trump's initiative, to cut costs; however, critics argue these efforts often duplicate existing processes and serve political agendas, potentially hindering effective governance and public tru...

Progress

52% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Labour's £4 Trillion Spending Plan Faces Scrutiny Concerns

Labour's £4 trillion spending plan, unveiled Wednesday, lacks independent scrutiny from the Office for Budget Responsibility, prompting criticism from the Conservatives and warnings of further tax hikes from the Institute for Fiscal Studies.

Progress

60% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Conservatives Vow Fiscal Responsibility After Mini-Budget Fallout

Shadow Chancellor Mel Stride will deliver a speech today urging the Conservative Party to prioritize fiscal responsibility and stability to regain public trust after the fallout from the 2022 mini-budget, which caused market instability and increased mortgage rates, criticizing both Labour and Refor...

Progress

64% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 65% Global Worthiness
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Spain's Economic Growth Hinges on Productivity Boost, Airef Warns

Spain's economic growth is projected at 1.3% annually until 2070, with 1.1% relying on productivity gains; the Airef warns of risks to fiscal sustainability due to stagnant productivity and insufficient government action.

Progress

36% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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UK Government Cancels Thousands of Credit Cards to Curb Wasteful Spending

The UK government is canceling thousands of taxpayer-funded credit cards after spending quadrupled to £675 million last year, including examples like £2,500 spent at a shoe shop and £1,200 on coffee pods; a new application process will cut the number of cards by half.

Progress

60% Bias Score

Reduced Inequality
roma.repubblica.it
🌐 65% Global Worthiness
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Lazio Region's 2024 Budget Passes Audit, Shows Significant Debt Reduction

The Lazio Region's 2024 budget passed the Court of Auditors' review on July 22nd, showing over €1.5 billion in debt reduction and a healthcare surplus, enabling reinvestments; minor exceptions are under correction.

Progress

40% Bias Score

Reduced Inequality
zeit.de
🌐 75% Global Worthiness
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German Coalition Postpones Electricity Tax Cut Amidst Criticism

Germany's coalition government postponed a planned reduction in electricity tax for all citizens, sparking criticism from opposition parties and industry groups; the government cites financial constraints and plans a phased approach.

Progress

52% Bias Score

Affordable and Clean Energy
theguardian.com
🌐 90% Global Worthiness
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Moody's Downgrades US Credit Rating Amid Soaring National Debt

The US national debt has ballooned to \$35.46 trillion, prompting a Moody's credit downgrade due to persistent deficits; this follows decades of politicians failing to curb spending, raising concerns of an impending financial crisis.

Progress

52% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
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Labour warns of Farage's 'Truss-style' economic meltdown

Labour warns that Nigel Farage's Reform UK's proposed policies, including reversing cuts to winter fuel payments and scrapping the two-child benefit cap and hiking the personal allowance to £20,000, could cost between £50bn-£80bn annually and lead to an economic crisis similar to Liz Truss's 2022 mi...

Progress

56% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 85% Global Worthiness
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BIS Head Warns of Risks to Global Stability, Urges Fiscal Consolidation

Agustín Carstens, head of the BIS, warned in a Japanese lecture against cryptocurrencies, protectionism, and threats to central bank independence, emphasizing the need for fiscal consolidation and restoring trust in institutions to address rising public debt and maintain global economic stability.

Progress

40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Canada Needs Costed Election Platforms to Safeguard Democracy

With Mark Carney's ascension as Prime Minister and an imminent Canadian election, the author advocates for detailed, costed political platforms to combat misleading political narratives and safeguard Canadian democracy, proposing specific policy changes regarding Old Age Security and intergeneration...

Progress

48% Bias Score

Reduced Inequality

Showing 1 to 12 of 29 results