Tag #Government Spending

Showing 481 to 492 of 520 results

themarker.com
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Israel Approves 2025 Budget Framework: NIS 756 Billion Spending, 4.4% Deficit Ceiling

Israel's Knesset approved the 2025 budget framework law, increasing spending by NIS 64 billion (12.4%) to NIS 756 billion, including NIS 136 billion for debt repayment, with a 4.4% deficit ceiling, potentially rising to 4.9% if war continues and subject to cabinet approval.

Progress

40% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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House Passes Social Security Fairness Act; Senate Vote Looms

The House passed the Social Security Fairness Act (327-75), aiming to eliminate rules reducing benefits for 2.8 million public pensioners; the Senate must now pass it before the session ends, facing opposition from experts who argue the bill lacks cost offsets.

Progress

56% 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
bbc.com
🌐 75% Global Worthiness
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10,000 UK Civil Service Job Cuts Planned Amidst Labour's Budget Review

Labour's planned 5% budget cuts could lead to over 10,000 job losses in the UK civil service, a response to a 33% increase in staff numbers since 2016, reaching 513,000 in 2024. The government aims to improve efficiency through voluntary redundancies, but faces union opposition.

Progress

52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Failed GST Holiday Exposes Tensions Within Canadian Government

Canada's two-month GST holiday cost billions, failed to boost Liberal support, and created tension between Finance Minister Chrystia Freeland and the Prime Minister's Office, jeopardizing Freeland's fiscal credibility and raising concerns about the government's economic management.

Progress

64% Bias Score

Reduced Inequality
dailymail.co.uk
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Reeves Vows 'Iron Fist' on Spending, Seeking 5% Efficiency Gains

UK Chancellor Rachel Reeves announced a comprehensive review of government spending, aiming to cut 5% from budgets by 2029 to avoid further tax hikes and fund key public services, using a zero-based budgeting approach and external expert panels.

Progress

52% Bias Score

Reduced Inequality
theguardian.com
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Australian Government Announces $83m Funding Boost for ABC

Australia's Labor government will provide the Australian Broadcasting Corporation (ABC) with an $83.1 million funding boost over two years, followed by $43 million annually, to secure its independence and stability, as recommended in a report due to be released on Tuesday.

Progress

44% Bias Score

Quality Education
cnbc.com
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Easterly Government Properties Stock Plummets on Federal Spending Cut Fears

Easterly Government Properties (DEA) stock has fallen 12% since the election due to investor fears about the incoming administration's plans to cut $500 billion in federal spending, despite the company's CEO arguing that their properties are essential for mission-critical government functions, such ...

Progress

52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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"Canada's Fiscal Irresponsibility: $20 Billion Deficit Overrun Exposes Systemic Issues"

"Canada's federal government has abandoned its fiscal anchors, resulting in a projected deficit of $60 billion, exceeding its target by $20 billion despite a $45-billion increase in GDP; this is driven by a pattern of short-sighted spending decisions, leaving the country vulnerable to economic shock...

Progress

60% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Home Office to Use Disused Care Homes and Student Housing for Asylum Seekers

The UK Home Office plans to house asylum seekers in 800 new sites, including disused care homes and student accommodation, to reduce its daily £8m hotel bill; this follows criticism of previous mass accommodation sites deemed ineffective by the National Audit Office.

Progress

44% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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UK Treasury Announces Spending Review to Cut Waste

UK Chancellor Rachel Reeves announces a spending review targeting 5% efficiency savings across government departments by 2029, utilizing independent panels to eliminate non-priority spending, following a £40 billion tax increase to address a budget deficit, with examples such as a £6.5 million ineff...

Progress

52% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Commercialization Concerns Prompt Juru Ban on Welcome to Country Ceremonies

The Juru people banned Welcome to Country ceremonies on their land due to commercialization; the federal government spent over \$45,000 on these ceremonies last year, with costs ranging from \$560 to \$10,500.

Progress

64% Bias Score

Reduced Inequality

Showing 481 to 492 of 520 results