Tag #Government Spending

Showing 61 to 72 of 332 results

news.sky.com
🌐 65% Global Worthiness
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UK Household Disposable Income Up 1.7% in Q4 2024 Despite Broader Economic Slowdown

UK real household disposable income per person rose 1.7% in Q4 2024, driven by public sector pay deals and private sector pay exceeding inflation, though much of this increase went into savings amid low consumer confidence. This follows an unexpected 1% rise in February retail sales and a downward r...

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40% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Spain's Public Deficit Falls to Five-Year Low Despite Storm and Legal Costs

Spain's 2024 public deficit reached 2.8% of GDP (€44.597 billion), a five-year low, driven by economic growth and record tax revenue, despite additional spending due to the 'Dana' storm and court-ordered payments; the government projects further deficit reduction in coming years.

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44% Bias Score

Reduced Inequality
sueddeutsche.de
🌐 45% Global Worthiness
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No Extra Taxpayer Cost for Thuringia's Ex-Mayor Appointments

Three former Thuringian mayors—Katja Wolf (Finance Minister), Andreas Bausewein (Interior Ministry Secretary of State), and Julian Vonarb (Finance Ministry Secretary of State)—will not receive additional taxpayer funds because their pensions are offset by their current salaries.

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36% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Federal Workforce Shrinks Despite Deficit Concerns

Since 1975, the percentage of federal employees within the total U.S. workforce has consistently declined, reaching 14.8% by July 1975, contradicting the notion that reducing government workers is a significant solution to the national deficit; federal payroll accounts for roughly 5% of total federa...

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56% Bias Score

Reduced Inequality
lexpress.fr
🌐 90% Global Worthiness
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SpaceX Poised for Billions in Federal Contracts Under Trump Administration

Due to its strong ties with the Trump administration, SpaceX is expected to receive billions in new federal contracts across various sectors, including defense and space exploration, potentially transforming these industries.

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56% Bias Score

Reduced Inequality
news.sky.com
🌐 85% Global Worthiness
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UK Budget Deficit Soars, Exceeding Predictions

The UK's February budget deficit reached £10.7 billion, exceeding predictions by £4.1 billion and marking the fourth highest since 1993; this comes as the government prepares for the spring statement and amid economic challenges.

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56% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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UK National Debt to Surge by £600 Billion, Triggering Soaring Interest Payments

Britain faces a £600 billion increase in national debt by 2030, leading to nearly £600 billion in interest payments over five years—£30 billion more than previously forecast—due to sustained overspending since 2001, exacerbated by the financial crisis and the COVID-19 pandemic.

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56% Bias Score

Reduced Inequality
nos.nl
🌐 75% Global Worthiness
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Dutch Advisory Councils Urge Structural Asylum Policy Changes, Citing High Costs and Unrest

Two Dutch advisory councils, the AM and ROB, criticize the government's crisis management of asylum reception, urging for a structural approach with clear agreements and funding for municipalities, potentially saving €1 billion, and citing previous criticism from the COA and VNG.

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40% Bias Score

Sustainable Cities and Communities
theguardian.com
🌐 85% Global Worthiness
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UK Chancellor Announces Spending Cuts Amid Economic Slowdown

Chancellor Rachel Reeves will announce significant spending cuts in her Wednesday spring statement due to rising borrowing costs and weakened economic growth; the OBR will release updated forecasts showing potential halving of 2025 growth forecast to 1%, following January's 0.1% economic shrinkage.

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44% Bias Score

Reduced Inequality
news.sky.com
🌐 85% Global Worthiness
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UK Government Announces 10,000 Civil Service Job Cuts

The UK government plans to cut civil service running costs by 15% by 2030, potentially eliminating 10,000 jobs through voluntary exit schemes already implemented in several departments, including the Department for Environment and Rural Affairs, the Foreign Office and Cabinet Office, with others to ...

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Trump Administration's $2.6 Trillion Spending Cuts Risk Public Services and National Security

The Trump administration's proposed $2.6 trillion federal spending cuts, dubbed the "Trillions for Billionaires Act" by critics, aim to offset tax cuts for the wealthy but risk significant impacts on public services and national security due to a potential loss of 20-30% of the US public sector work...

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68% Bias Score

No Poverty
dailymail.co.uk
🌐 75% Global Worthiness
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UK Civil Service to Slash £2.2 Billion in Budget Cuts

The UK government plans to slash £2.2 billion annually from civil service budgets by 2029-30, aiming to reduce administrative costs by 15 percent and address a £10 billion budget deficit; this decision follows previous budget cuts and is expected to result in job losses.

Progress

60% Bias Score

Reduced Inequality

Showing 61 to 72 of 332 results