Tag #Fiscal Responsibility

forbes.com
🌐 85% Global Worthiness
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Federal Government Extends Severance Pay to Eight Months

The federal government is offering eight months of severance pay to eligible employees facing involuntary separation, a policy shift impacting both workforce transitions and taxpayer costs, driven by workforce restructuring and budget considerations.

Progress

36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Canada's Delayed Spending on Border Security and Defense Raises Concerns

The Canadian government's budget reveals a significant gap between announced spending on border security ($1.3 billion) and defense ($1.8 billion) and the actual allocated funds for the current fiscal year ($81 million and $15 million respectively), raising concerns about preparedness and accountabi...

Progress

56% Bias Score

Peace, Justice, and Strong Institutions
nbcnews.com
🌐 90% Global Worthiness
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US Faces Debt Ceiling Crisis in January 2025

Treasury Secretary Janet Yellen warned Congress that the federal government may hit its $31.4 trillion debt ceiling between January 14 and 23, 2025, requiring "extraordinary measures" to avoid default unless Congress acts; President Trump recently supported abolishing the debt ceiling.

Progress

52% Bias Score

Reduced Inequality
cnn.com
🌐 90% Global Worthiness
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US Debt Ceiling Reinstatement Looms, Raising Specter of Default

The US debt ceiling will be reinstated on January 2, 2025, at roughly \$36.2 trillion, prompting the Treasury to use temporary measures to avoid default. House Republicans propose a \$1.5 trillion increase paired with spending cuts, potentially creating a future crisis. A default could delay Social ...

Progress

36% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
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US Government Spending Soars, But Federal Workforce Remains Stable

Over the past 40 years, the US population grew by 100 million, while government spending ballooned from $900 billion in 1984 to over $7 trillion in 2024; however, the federal workforce remained relatively stable at around 3 million, prompting a bipartisan effort to improve government efficiency.

Progress

48% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Spain's Debt Sheds 'Peripheral' Label Amidst European Volatility

Spain's risk premium has fallen from 99 to 65 basis points due to strong economic performance and fiscal responsibility, defying market turbulence in other European countries.

Progress

48% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 65% Global Worthiness
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Saxony-Anhalt Imposes Hiring Freeze to Cut €580 Million in Personnel Costs

Saxony-Anhalt will implement a hiring freeze in 2025 and 2026 to save approximately €580 million in personnel costs, a measure addressing high personnel expenses and prompted by significant tax revenue shortfalls, with exceptions for roles like police and teachers.

Progress

40% Bias Score

Reduced Inequality
cnbc.com
🌐 90% Global Worthiness
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US Government Faces Looming Debt Ceiling Crisis

Treasury Secretary Janet Yellen warned Congress on December 29, 2024 that the federal government may hit its debt limit as early as January 14, 2025, unless Congress acts or the Treasury implements "extraordinary measures", potentially leading to a government default and impacting global markets.

Progress

48% Bias Score

Reduced Inequality
politico.eu
🌐 85% Global Worthiness
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Germany's Election: Clash of Economic Visions to Combat Shrinking Economy

Germany's February 23rd election features a clash over economic policies to combat a shrinking economy: conservatives propose tax cuts and deregulation, while the center-left favors public investments and a minimum wage hike; economists question the plans' feasibility and funding.

Progress

40% Bias Score

Decent Work and Economic Growth
lexpress.fr
🌐 % Global Worthiness
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The Housing Tax Fiasco in France

Analysis of the economic and political ramifications of abolishing France's housing tax, and proposed solutions for more efficient local government funding.

Progress

0% Bias Score