Tag #Government Spending

Showing 1 to 12 of 520 results

theglobeandmail.com

🌐 85% Global Worthiness

Sep 26, 01:13

Canada's Federal Deficit to Balloon to $68.5 Billion in 2025-26

The Parliamentary Budget Officer (PBO) projects Canada's federal deficit will surge to $68.5 billion in the 2025-26 fiscal year due to lower economic growth and increased government spending, including recent defence commitments and tariff-related support.

Canada's Federal Deficit to Balloon to $68.5 Billion in 2025-26

The Parliamentary Budget Officer (PBO) projects Canada's federal deficit will surge to $68.5 billion in the 2025-26 fiscal year due to lower economic growth and increased government spending, including recent defence commitments and tariff-related support.

Progress

24% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What is the primary cause for the projected increase in Canada's federal deficit?

The projected increase in Canada's federal deficit to $68.5 billion in 2025-26 is primarily attributed to a combination of lower-than-expected economic growth, increased government spending (including new defence commitments and tariff-related industry supports), and unbudgeted election promises. The PBO's projection also excludes the impact of the government's ongoing spending review and the commitment to increase defense spending to 5% of GDP by 2035.

zeit.de

🌐 85% Global Worthiness

Sep 23, 16:20

Germany's 2026 Budget: €520.5 Billion in Spending, €174.3 Billion in New Debt

Germany's 2026 budget, totaling €520.5 billion, includes €174.3 billion in new debt, driven by increased defense spending and investments, despite criticism regarding transparency and the use of special funds.

Germany's 2026 Budget: €520.5 Billion in Spending, €174.3 Billion in New Debt

Germany's 2026 budget, totaling €520.5 billion, includes €174.3 billion in new debt, driven by increased defense spending and investments, despite criticism regarding transparency and the use of special funds.

Progress

24% Bias Score

ShareSaveArticle

Peace, Justice, and Strong Institutions

12345678

Previous 1 of 8 Next

What are the key financial aspects of Germany's proposed 2026 budget, and what are its immediate implications?

The 2026 budget totals €520.5 billion, with €174.3 billion allocated as new debt. This increase, compared to €174.2 billion in 2025, is attributed to higher defense spending and investments. The plan includes €126.7 billion in investments, sourced from the core budget (€56.1B), Climate and Transformation Fund (€21.7B), and special infrastructure and climate fund (€48.9B).

dailymail.co.uk

🌐 85% Global Worthiness

Sep 19, 10:18

Australia's National Debt to Surpass $1 Trillion by 2026

Australia's national debt is projected to exceed \$1 trillion by 2026, with interest payments reaching \$24.4 billion in the last financial year alone, the fastest-growing budget expense, raising concerns among economists.

Australia's National Debt to Surpass $1 Trillion by 2026

Australia's national debt is projected to exceed \$1 trillion by 2026, with interest payments reaching \$24.4 billion in the last financial year alone, the fastest-growing budget expense, raising concerns among economists.

Progress

48% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What is the immediate impact of Australia's rapidly increasing national debt and interest payments?

The soaring national debt forces the Australian government to allocate a significant portion of its budget to interest payments, currently \$67 million daily. This diverts funds from essential services like healthcare, education, and tax relief, hindering economic development and social programs.

politico.eu

🌐 65% Global Worthiness

Sep 17, 01:17

France Limits Former Prime Ministers' Benefits

France's new Prime Minister, Sébastien Lecornu, is implementing a reform to limit the lifetime benefits previously afforded to former Prime Ministers, although some benefits remain.

France Limits Former Prime Ministers' Benefits

France's new Prime Minister, Sébastien Lecornu, is implementing a reform to limit the lifetime benefits previously afforded to former Prime Ministers, although some benefits remain.

Progress

36% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What are the potential future developments or controversies stemming from this partial reform?

The reform leaves some former Prime Ministers still receiving substantial benefits. Further scrutiny and potential future legislative action are expected, with the possibility of renewed attempts to further curtail or eliminate these benefits. A member of parliament plans to review and publicize 2024 spending by former Prime Ministers.

bbc.com

🌐 75% Global Worthiness

Sep 10, 04:17

Reeves Limits UK Government Department Spending Access to Emergency Funds

Ahead of the November 26th budget, UK Chancellor Rachel Reeves announced restrictions on government departments' access to the £9bn Treasury Reserve, prioritizing debt reduction and fiscal responsibility.

Reeves Limits UK Government Department Spending Access to Emergency Funds

Ahead of the November 26th budget, UK Chancellor Rachel Reeves announced restrictions on government departments' access to the £9bn Treasury Reserve, prioritizing debt reduction and fiscal responsibility.

Progress

24% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What immediate impact will the restriction on Treasury Reserve funds have on UK government departments?

Government departments will face stricter limits on accessing emergency funds, requiring them to maximize savings before seeking additional funding. This will likely necessitate spending cuts and careful resource allocation across various sectors, including hospitals, schools, and infrastructure.

lexpress.fr

🌐 75% Global Worthiness

Sep 8, 10:18

France's Public Pension Accounting Practices Under Scrutiny

A recent study by the Institut des politiques publiques (IPP) reveals that France's accounting practices for public pensions inflate ministerial budgets, particularly in Education, Interior, Justice, and Higher Education, raising concerns about transparency and international comparisons.

France's Public Pension Accounting Practices Under Scrutiny

A recent study by the Institut des politiques publiques (IPP) reveals that France's accounting practices for public pensions inflate ministerial budgets, particularly in Education, Interior, Justice, and Higher Education, raising concerns about transparency and international comparisons.

Progress

20% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What are the broader implications of this accounting practice, and what are some alternative solutions proposed?

This accounting practice obscures the true cost of public pensions, hindering transparent budget analysis and international comparisons. The IPP suggests separating the standard employer contribution from the implicit state subsidy used to balance pension systems. This would present a clearer picture of actual spending.

lefigaro.fr

🌐 85% Global Worthiness

Sep 23, 22:22

France's Persistent Public Deficit: 35 Years of Unchecked Spending

Over 35 years, French governments across the political spectrum have failed to curb the public deficit, with policy decisions increasing public spending by 5.5% of GDP while tax increases only generated 1% of GDP, according to a new report by François Ecalle.

France's Persistent Public Deficit: 35 Years of Unchecked Spending

Over 35 years, French governments across the political spectrum have failed to curb the public deficit, with policy decisions increasing public spending by 5.5% of GDP while tax increases only generated 1% of GDP, according to a new report by François Ecalle.

Progress

40% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

Have any French governments successfully reduced the public deficit, and if so, how?

Only three periods showed deficit reduction: 1993-1997 and 2012-2017 saw reductions achieved solely through tax increases (2.35% and 2.1% of GDP respectively). The period 2022-2024 saw a reduction due to the end of exceptional crisis measures.

elmundo.es

🌐 85% Global Worthiness

Sep 21, 04:18

Spanish Tax Revenue Reaches Record High in July 2024

Spain's July 2024 tax revenue hit a record high, exceeding expectations due to increased income tax payments, particularly from capital gains and property transactions, despite the government's failure to adjust tax brackets for inflation.

Spanish Tax Revenue Reaches Record High in July 2024

Spain's July 2024 tax revenue hit a record high, exceeding expectations due to increased income tax payments, particularly from capital gains and property transactions, despite the government's failure to adjust tax brackets for inflation.

Progress

44% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What is the primary reason for the record-high tax revenue in July 2024?

The record-high tax revenue is primarily due to a 25.4% surge in income tax payments from individuals, mainly attributed to significant increases in capital gains, especially from property sales and business activities. This surpasses the amount refunded, creating a €1.374 billion surplus.

elmundo.es

🌐 85% Global Worthiness

Sep 17, 04:16

Spain Exceeds EU Spending Limits, Raising Concerns

The Spanish government exceeded its agreed-upon spending limits with the European Union in 2025, surpassing both its initial 3.7% target and a revised 4.1% allowance, according to the Bank of Spain and the AIReF.

Spain Exceeds EU Spending Limits, Raising Concerns

The Spanish government exceeded its agreed-upon spending limits with the European Union in 2025, surpassing both its initial 3.7% target and a revised 4.1% allowance, according to the Bank of Spain and the AIReF.

Progress

20% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What is the extent of Spain's overspending compared to its EU commitments, and what are the immediate consequences?

Spain's 2025 net spending growth reached an estimated 4.4% to 5.1%, exceeding the initially planned 3.7% and the revised 4.1% allowance for defense spending. While no immediate penalties are expected due to accumulated budget margins from 2024, this breach undermines the government's credibility.

dw.com

🌐 85% Global Worthiness

Sep 11, 22:20

Russia

Russia's August 2025 budget deficit shrank by 686 billion rubles to 4.19 trillion rubles, exceeding the annual plan of 3.8 trillion rubles, primarily due to lower-than-expected oil export revenues resulting from decreased global oil prices and a stronger ruble.

Russia

Russia's August 2025 budget deficit shrank by 686 billion rubles to 4.19 trillion rubles, exceeding the annual plan of 3.8 trillion rubles, primarily due to lower-than-expected oil export revenues resulting from decreased global oil prices and a stronger ruble.

Progress

16% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What were the main factors contributing to Russia's increased budget deficit in August 2025?

The primary factor was lower-than-expected revenue from oil exports. This was caused by a combination of decreased global oil prices and an appreciation of the ruble. Consequently, the deficit reached 4.19 trillion rubles, significantly higher than the planned 3.8 trillion rubles.

welt.de

🌐 75% Global Worthiness

Sep 10, 07:21

German Federal Government to Increase Subventions to €77.8 Billion by 2026

The German Federal Government plans to increase its subventions and tax breaks to approximately €77.8 billion by 2026, up from €45 billion in 2023, primarily due to assuming costs for renewable energy and supporting ecological and digital transformation, according to a government report.

German Federal Government to Increase Subventions to €77.8 Billion by 2026

The German Federal Government plans to increase its subventions and tax breaks to approximately €77.8 billion by 2026, up from €45 billion in 2023, primarily due to assuming costs for renewable energy and supporting ecological and digital transformation, according to a government report.

Progress

24% Bias Score

ShareSaveArticle

Climate Action

12345678

Previous 1 of 8 Next

What is the primary driver for the substantial increase in planned German federal subventions between 2023 and 2026?

The main factor is the federal government's assumption of costs for the renewable energy levy (EEG-Umlage) starting in 2024, resulting in an €18.5 billion relief for electricity consumers in 2024 alone. This, combined with continued support for ecological and digital transformation, explains the rise from €45 billion in 2023 to a projected €77.8 billion in 2026.

welt.de

🌐 75% Global Worthiness

Sep 5, 22:21

German Federal Budget 2025: Minor Increases Amidst Projected Shortfall

The German government approved the 2025 Federal Budget, including small increases for various sectors, while facing a projected €170 billion shortfall in the 2027-2029 period.

German Federal Budget 2025: Minor Increases Amidst Projected Shortfall

The German government approved the 2025 Federal Budget, including small increases for various sectors, while facing a projected €170 billion shortfall in the 2027-2029 period.

Progress

56% Bias Score

ShareSaveArticle

Zero Hunger

12345678

Previous 1 of 8 Next

What were the key budgetary adjustments approved in the German Federal Budget 2025?

The budget includes €22 million more for the UN World Food Programme, €10 million more for polio eradication, €59 million for energy-efficient housing projects, €30 million more for political foundations, €23 million for internal security, €17 million for civil aviation, and €2 million for German war graves abroad. A "sports billion" for sports facilities is planned from a separate infrastructure fund.

Showing 1 to 12 of 520 results