Tag #Government Spending

Showing 469 to 480 of 520 results

smh.com.au
🌐 85% Global Worthiness
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Australian Government Spending Prevents Recession, Creates One Million Jobs

Treasurer Jim Chalmers credits \$22.1 billion in federal spending over four years with averting a recession in Australia, creating one million jobs while other OECD nations faced economic contraction; the government plans further spending and tax measures before the next election.

Progress

60% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Canada's Fall Economic Statement: A Fiscal Debacle

Chrystia Freeland's resignation heightened the spectacle of Canada's 2024 fall economic statement, which projected \$543 billion in spending for 2024/25—\$90 billion above the 2021 budget—exposing the unsustainable nature of the country's two-budget-per-year cycle.

Progress

56% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Economists Propose Using State Assets to Boost Consumption

Prominent Chinese economists advocate for using the government's substantial wealth (37.6 percent of total social wealth in 2022, totaling $40 trillion) to boost consumption by investing in social welfare and redistribution, addressing the country's low consumption rate.

Progress

36% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Musk Slams Johnson's \$100 Billion Spending Bill

Speaker Mike Johnson unveiled a \$100 billion-plus spending bill including a 40% congressional pay raise, drawing sharp criticism from Elon Musk, who called it \"pork\" despite prior conversations with Johnson.

Progress

56% Bias Score

Reduced Inequality
lentreprise.lexpress.fr
🌐 75% Global Worthiness
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France Adopts Special Law to Fund State Amid Budget Impasse

The French National Assembly unanimously approved a special law on December 16th, allowing the government to levy taxes and borrow to finance the state and social security due to the rejection of Michel Barnier's nomination and the subsequent failure to adopt a 2025 budget; this temporary measure fa...

Progress

52% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
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German Audit Office Criticizes Federal Spending, Highlights Security Risks

The German Federal Audit Office's "Remarks 2024" report criticizes the federal government for ineffective spending on military equipment, overpriced consulting contracts, and centralized IT infrastructure, urging for improved financial management and systemic reforms.

Progress

32% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Australia Faces \$21.8 Billion Budget Deficit, Higher Taxes, and Service Cuts Imminent

Australia's mid-year economic and fiscal outlook reveals a \$21.8 billion budget deficit over four years, driven by increased spending and sluggish growth, necessitating tax increases and service cuts without fiscal reform; a surplus is not projected until 2034/35.

Progress

44% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Australia's Budget Deficit Reaches \$26.9 Billion, Exposing Tax System Flaws

Australia's budget shows a \$26.9 billion deficit this year, rising to \$46.9 billion in 2025-26, driven by increased spending in healthcare and aged care, despite efforts to control growth; this creates political challenges for both the government and opposition, revealing flaws in the tax system.

Progress

56% Bias Score

Reduced Inequality
cnn.com
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Congress Averts Shutdown with Disaster Aid, Farm Relief, and PBM Reforms

House Speaker Mike Johnson's continuing resolution spending bill, to avert a government shutdown by Saturday, includes nearly \$100 billion in disaster aid, \$10 billion in aid for farmers, PBM reforms, a one-year farm bill extension, expanded telehealth access, and a congressional pay raise, necess...

Progress

32% Bias Score

No Poverty
dailymail.co.uk
🌐 75% Global Worthiness
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MoD buys back thousands of military homes for £6 billion

The UK Ministry of Defence is buying back 36,347 homes sold to developers in 1996 for £1.7 billion, now costing £6 billion, to address poor housing conditions and save the public purse over £600,000 per day.

Progress

36% Bias Score

Sustainable Cities and Communities
smh.com.au
🌐 75% Global Worthiness
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Australia's Budget Deficit Blows Out by \$22 Billion

Australia's mid-year budget review reveals a \$22 billion increase in projected deficits over the coming years, driven by increased government spending in areas like aged care and early childhood education, coupled with lower-than-expected tax revenue from sources such as tobacco excise and company ...

Progress

44% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Canada's Deficit Exceeds Target at $61.9 Billion

Canada's fall economic update reveals a $61.9 billion deficit for 2023-24, exceeding the $40.1 billion target due to unanticipated costs; the 2024-25 deficit is projected at $48.3 billion, while longer-term fiscal targets remain.

Progress

44% Bias Score

Reduced Inequality

Showing 469 to 480 of 520 results