Latest in Budget Plan
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UK competition regulator to cut staff after ‘budgeting error’
Voluntary exit scheme comes as CMA reels from government’s ousting of its chairFinancial Times - Jan. 23 -
South Korea Tells Budget Airlines to Tighten Safety After Crash
Following the deadly Jeju Air accident, the government ordered low cost carriers to reduce flight times, boost pilot training and expand maintenance crews.The New York Times - Jan. 23 -
Trump to tap health industry lobbyist for top White House budget job
Appointment would deal a blow to Robert Kennedy’s hopes of overhauling the sectorFinancial Times - Jan. 23 -
Kaine grills Vought on planned 'woke and weaponized' budget cuts
Sen. Tim Kaine (D-Va.) grilled Russell Vought, President Trump’s nominee to lead the White House Office of Management and Budget, over a budget proposal created at the think tank where he worked, ...The Hill - Jan. 22 -
White House budget office narrows scope of executive order restricting IRA funds
The White House Office of Management and Budget (OMB) issued new guidance Wednesday clarifying limits to the disbursement of Inflation Reduction Act (IRA) funds ordered by President Trump on ...The Hill - Jan. 22 -
Start saving, budget and think long term: how to build financial resilience
Put in place plans to cope with whatever life throws at you – from interest rate rises to car repairs. Financial resilience doesn’t just mean having lots of money stashed away, but rather having ...The Guardian - Jan. 22 -
Hochul’s Budget Aims More at Pocketbook Issues Than at Trump
The $252 billion spending plan for New York addressed concerns about affordability, crime and the cost of living, but did little to anticipate President Trump’s policies.The New York Times - Jan. 21 -
Hollywood production budgets were already strained. Fires could make matters worse
The L.A. wildfires are expected to increase costs for people and companies trying to make movies and television shows in Southern California.Los Angeles Times - Jan. 21 -
US exit from WHO could see fifth of budget disappear
Trump has long been critical of how the Geneva-based institution handled the Covid-19 pandemic.BBC News - Jan. 21 -
Best Sheets for Every Bed & Budget, Tested & Reviewed (2025)
Is linen worth the splurge? Should you buy bamboo or silk sheets? We tested dozens of sheets to find our favorites, and we break it all down.Wired - Jan. 21 -
UK employers cut jobs after Budget, official data shows
Drop in payrolled workforce comes even as wage growth acceleratesFinancial Times - Jan. 21 -
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for their ...The Hill - Jan. 17 -
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal 2025. The nonpartisan budget scorekeeper estimated that federal spending ...The Hill - Jan. 17 -
Adams Unveils a Rosy Election-Year Budget, Citing Lower Migrant Costs
The $114.5 billion spending plan anticipated $2 billion less in asylum seeker costs, but also called for an additional $550 million for nonmigrant shelters.The New York Times - Jan. 16 -
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‘The dreaded B-word’: how to start budgeting
Money is emotional – but avoiding a budget is often more of a headache than making one. For some, making a personal budget sounds about as appealing as licking a subway floor.. “They think of it as ...The Guardian - Jan. 16 -
Russell Vought Poised to Expand Power of White House Budget Office
If confirmed, Mr. Vought will be at the center of President-elect Donald Trump’s plans to upend the federal bureaucracy.The New York Times - Jan. 16 -
Democrats grill Trump budget pick
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump’s pick for budget chief faces fire in hearing Democrats grilled Russell ...The Hill - Jan. 15 -
Trump’s pick for budget chief echoes his ‘power of the purse’ dreams
The president-elect's nominee for White House budget director reiterated that Trump believes law protecting Congress’ funding power is unconstitutional.Politico - Jan. 15 -
5 Budgeting Apps to Help You Save Money
Looking to start a personal budget or save come cash? Here are a few smartphone apps that can help you penny-pinch your way to financial peace of mind.Wired - Jan. 15 -
U.S. budget deficit swells to record $711 billion in first quarter of fiscal year
The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39%, the Treasury ...MarketWatch - Jan. 14 -
Kristin Crowley: LA fire chief publicly criticizing the city’s budget cuts
LA’s first female fire chief, in a public spat with the mayor, is a 25-year veteran who’s prioritized diversifying her team. Kristin Crowley was appointed Los Angeles fire chief in 2022 at a time ...The Guardian - Jan. 12 -
‘A welfare state with a budget on the right side of zero’: Iceland’s youngest-ever prime minister has a plan for a new kind of governance
Kristrún Frostadóttir, who entered politics just four years ago, speaks to the Observer about feminism, the far right and reopening talks on joining the EU. Nearly 45 years ago, Iceland made ...The Guardian - Jan. 12 -
Los Angeles Fire Department budget sustained cuts but saw overall increase
Los Angeles Fire Department budget sustained cuts but saw an overall increase.ABC News - Jan. 11 -
Carville: Reported $40M budget for Melania Trump Amazon documentary 'breathtaking'
Democratic strategist James Carville questioned the $40 million budget for Melania Trump’s documentary set to debut on Amazon Prime later this year. “You can produce a world-class documentary for ...The Hill - Jan. 10 -
Extended interview: L.A. fire chief on how budget cuts limited fire response "to a certain factor"
Los Angeles Fire Chief Kristin Crowley praises resilient firefighters as they battle fires across Los Angeles, talks about whether $17 million in budget cuts hampered the agency's wildfire ...CBS News - Jan. 10 -
Questions mount over budget cuts made ahead of L.A.-area wildfires
Los Angeles city leaders are facing mounting questions over whether the city was prepared as the wildfires, including the Palisades Fire, broke out. L.A. Mayor Karen Bass is also facing criticism ...CBS News - Jan. 10 -
Why Elon Musk had to drop his ‘DOGE’ pledge to cut $2 trillion from the federal budget
We told you he would months ago, when he made the promise.MarketWatch - Jan. 10 -
L.A. fire chief on whether budget cuts impacted the fire response
Los Angeles Fire Chief Kristin Crowley spoke to "CBS Evening News" anchor and managing editor Norah O'Donnell about whether $17 million in budget cuts hindered the agency's wildfire response.CBS News - Jan. 9 -
World’s richest use up their fair share of 2025 carbon budget in 10 days
Emissions caused by wealthiest 1% so far this year would take someone from poorest 50% three years to create. The world’s richest 1% have already used up their fair share of the global carbon ...The Guardian - Jan. 10 -
A month before fires, L.A. fire chief warned about impact of budget cuts
The Los Angeles Fire Department's budget was cut by $17.6 million, about 2%, this fiscal year. The fire chief warned last month it would make it harder to respond to emergencies.CBS News - Jan. 9 -
Elon Musk says DOGE probably won't find $2 trillion in federal budget cuts
Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on a goal he set ...NBC News - Jan. 9 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
UK school budgets eroded by spiralling special needs costs, report shows
SEN spending and higher wages leave headteachers facing ‘very tight’ accounts in 2025, says IFSFinancial Times - Jan. 8 -
Call Of Duty Budget Reportedly As High As $700 Million Per Game
Big video games take a lot of money to make, but the industry is very secretive in exactly how much is spent developing them. However, it looks like we might have some insight on how much money it ...GameSpot - Jan. 7 -
Next blames clothes price rises on wage increases set out in Budget
The retailer expects employee costs to increase by £73m due in part to rising National InsuranceBBC News - Jan. 7 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7 -
Taiwan holds military drills as concerns rise over possible defense budget cut
Taiwan is beginning three days of military drills as concerns rise over potential cuts to the island's defense budgetABC News - Jan. 7