Tag #Spending Cuts

Showing 1 to 12 of 73 results

zeit.de
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Germany's 2025 Budget Approved: Short Session, Long-Term Concerns

The German parliament is set to approve the €502.5 billion 2025 federal budget, featuring nearly €82 billion in new debt, with additional billions for defense and infrastructure, despite concerns over significant funding gaps in later years.

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news.sky.com
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UK Faces £41.2bn Budget Shortfall, Forcing Tough Choices

The UK government faces a £41.2bn shortfall by 2029-30, violating fiscal rules due to poor economic growth, higher borrowing, and reversed welfare cuts, forcing tough choices on tax rises or spending cuts in the autumn budget.

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foxnews.com
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Republican Spending Cuts Face Uphill Battle, Shutdown Looms

House Republicans aim to cut \$163 billion from non-defense spending by September 30, but face Senate opposition and the threat of a government shutdown due to partisan gridlock and the 60-vote Senate filibuster rule.

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foxnews.com
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Senate Passes Trump's $9 Billion Spending Cut Package

The Senate passed President Trump's $9 billion spending cut package, with three Republican senators opposing it; a compromise was reached to restore some HIV/AIDS funding, but the bill's future depends on House approval.

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pt.euronews.com
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Senate Passes Trump's Tax Cut and Spending Bill by Tie-Breaking Vote

The US Senate narrowly passed President Trump's tax cut and spending bill (One Big Beautiful Bill Act) 50-50, with the Vice President casting the tie-breaking vote; the bill includes $4.5 trillion in tax cuts, $1.2 trillion in spending cuts, and $350 billion for border security, projected to leave 1...

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bbc.com
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Senate Passes Trump's Tax Bill Despite Internal Republican Opposition

The US Senate narrowly passed Donald Trump's "One Big Beautiful Bill Act", a tax and spending bill, with Vice President JD Vance casting the tie-breaking vote; the bill now faces an uncertain future in the House due to concerns over its potential impact on the national deficit and social programs.

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welt.de
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Germany's 2025 Federal Budget Approved with Shortened Deliberation

The German parliament approved the €502.5 billion 2025 federal budget, featuring nearly €82 billion in new debt, following an unusually short deliberation, highlighting concerns about significant funding gaps in subsequent years.

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dailymail.co.uk
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IMF Warns of Drastic UK Spending Cuts Unless Taxes Rise

The IMF warns that UK Chancellor Rachel Reeves must raise taxes or cut spending drastically to address a £30 billion budget deficit, potentially impacting pensions and NHS services; this follows the government's recent policy reversal on benefit reforms.

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it.euronews.com
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Senate Approves $9 Billion Spending Cuts in Tight Vote

The US Senate passed President Trump's $9 billion spending cut plan by a 50-50 vote, sparking bipartisan concern over impacts to foreign aid and public broadcasting, despite the removal of cuts to PEPFAR; a final vote is expected soon.

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foxnews.com
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Senate GOP Divided on Trump's $9.4B Spending Cut Plan

Senate Republicans are divided over President Trump's $9.4 billion rescissions package, targeting "woke" programs including foreign aid and public broadcasting, with key senators expressing reservations and a crucial vote expected on Tuesday.

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euronews.com
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Senate Passes Trump's Tax Cut and Spending Bill by Narrow Margin

The US Senate passed President Trump's "One Big Beautiful Bill Act" 50-50 on Tuesday, with the Vice President casting the tie-breaking vote; the bill includes $4.5 trillion in tax cuts, $1.2 trillion in spending cuts mainly to Medicaid and food stamps, and $350 billion for border security, but faces...

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theguardian.com
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Senate Votes on Trump's Tax Cuts, Spending Cuts, and Deportation Bill

The US Senate is set to vote on a Republican bill including $3.8 trillion in tax cuts, $350 billion for national security, and spending cuts to programs like Medicaid and food stamps, facing unified Democratic opposition and internal GOP divisions.

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Showing 1 to 12 of 73 results