Tag #Government Spending

Showing 169 to 180 of 520 results

cnn.com
🌐 85% Global Worthiness
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US National Debt Crisis: \$3.8 Trillion Increase Exacerbates Economic Risks

America's \$36 trillion national debt, projected to rise by \$3.8 trillion, severely restricts the government's ability to address future crises, impacting borrowing costs, job growth, and economic investment, raising the risk of a debt crisis.

Progress

56% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Canadian Income Tax Cut: Reduced Benefits Due to Credit Rate Alignment

Canada's July 1 income tax cut, lowering the lowest bracket to 14 percent, will save two-income families up to $840 annually in 2026, but this is reduced because the same rate applies to non-refundable tax credits; the government's total cost is $5.8 billion.

Progress

48% Bias Score

Reduced Inequality
edition.cnn.com
🌐 85% Global Worthiness
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IRS Staffing Cuts to Cost US Hundreds of Billions in Revenue

The Trump administration's 24% reduction of IRS staff, disproportionately impacting high-revenue generating units, is projected to cause hundreds of billions of dollars in lost revenue, worsening the national debt and undermining tax compliance.

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52% Bias Score

Reduced Inequality
sueddeutsche.de
🌐 75% Global Worthiness
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German Economic Stagnation Persists Despite €500 Billion Investment Plan

Germany's economy is stagnant, with the Council of Economic Experts forecasting zero growth in 2025 due to bureaucratic hurdles, unpredictable US trade policies, and a weak spring economic recovery; a €500 billion investment package offers a chance for growth, but its effective allocation is crucial...

Progress

40% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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Symes Spends Windfall, Delays Gonski Funding Amidst Rising Victorian Debt

Victorian Treasurer Jaclyn Symes spent a \$3.7 billion GST windfall and \$2 billion in federal grants on social programs, drawing criticism for not addressing rising debt and delayed Gonski education funding; a review of the Treasurer's Advance is underway.

Progress

64% Bias Score

Reduced Inequality
china.org.cn
🌐 90% Global Worthiness
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Moody's Downgrades U.S. Credit Rating to Aa1

Moody's downgraded the U.S. long-term credit rating to Aa1 from Aaa on July 26, 2024, citing rising government debt and interest payments, making it the last remaining AAA rating from a major firm and reflecting successive U.S. administrations' failure to reverse the trend of large annual fiscal def...

Progress

48% Bias Score

Reduced Inequality
dw.com
🌐 75% Global Worthiness
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German Bundestag Member Compensation: €500,000 Annual Cost

Members of the German Bundestag receive a base salary of €11,227 monthly, a non-taxable allowance of €5,350 monthly, up to €25,874 monthly for staff, plus additional funds for office expenses and free DB travel, resulting in a minimum annual cost of €500,000 per member.

Progress

52% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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German Economy Stagnates: Growth Forecast Cut to 0.0%

Germany's economic growth forecast for 2024 has been slashed to 0.0% due to weak consumption, export contraction, and reduced investment, despite government efforts and a large financial package; the "five wise men" economic council cites internal obstacles and US trade policy uncertainty.

Progress

40% Bias Score

Decent Work and Economic Growth
nrc.nl
🌐 75% Global Worthiness
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Dutch Government Employee Numbers Rise Despite Planned Cuts, Audit Finds Shortcomings

The number of Dutch government employees increased by 9,000 in 2023, reaching 157,000 full-time positions, despite government plans for a 22 percent budget cut in 2025; the General Audit Chamber found significant shortcomings in personnel planning and administrative errors, including 867 wrongly rec...

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Texas Poised to Ban Taxpayer-Funded Local Lobbying

The Texas Legislature is close to passing Senate Bill 19, which would ban local governments from using taxpayer money to hire lobbyists, costing an estimated $98.6 million in 2023, and an education savings account program benefiting 100,000 children.

Progress

56% Bias Score

Quality Education
theguardian.com
🌐 85% Global Worthiness
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UK Public Sector Productivity Decline Could Cost £5.1 Billion by 2030

A Centre for Economics and Business Research report reveals that continued declines in UK public sector productivity could necessitate an additional £5.1 billion in spending and 92,000 more public sector workers by 2030, worsening a trend that has seen productivity drop below pre-pandemic levels and...

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Canada's New AI Minister Faces Steep Challenges"

Canada appointed a new Minister of Artificial Intelligence to address past policy failures and foster growth in the sector, facing challenges in balancing funding, choosing between differing regulatory models, and consolidating policy leadership across multiple government departments.

Progress

56% Bias Score

Decent Work and Economic Growth

Showing 169 to 180 of 520 results