Latest in Budget Shortage
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Musk eyeing federal remote work policies to help slash $2T from budget
Work from home policies came under fire from Elon Musk as he and Vivek Ramaswamy took their plans to reduce government waste to the floors of Congress Thursday.ABC News - Dec. 5 -
Labour MP's family transferred farm before Budget
Questions are being raised about whether Henry Tufnell knew about farming inheritance tax changes.BBC News - Dec. 5 -
Chevron cuts capital budget for first time since Covid-19 oil crash
Supermajor’s move comes despite Donald Trump’s pledge to unleash new US fossil fuel surgeFinancial Times - Dec. 5 -
Ending Trump’s 2017 Tax Cuts Won’t Effect GDP, Budget Office Finds
Key provisions of the returning president’s 2017 Tax Cuts and Jobs Act will expire next year if Republicans don’t renew them.Inc. - Dec. 5 -
Bayreuth trims 150th anniversary festival, citing budget cuts
The Bayreuth Festival has dropped four productions from its 150th anniversary season in 2026 because of budget cutsABC News - Dec. 5 -
Congress's budget gimmicks: A history of failure
Congress has a long history of using gimmicks to reduce government spending and balance the budget, but these efforts have not been successful, as evidenced by the current budget situation.The Hill - Dec. 5 -
UK businesses expect lower margins and higher prices after Budget
Survey finds 54% of companies plan to raise prices in 2025 after national insurance increaseFinancial Times - Dec. 5 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
Five things we learned from the Scottish Budget
Scrapping the two-child cap and changes to tax thresholds are among plans for the next financial year.BBC News - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
GOP’s ambitious budget plan faces internal divisions
Republican senators warn incoming Senate Majority Leader John Thune’s (R-S.D.) ambitious proposal to tackle President-elect Trump’s agenda faces an array of disagreements within their party over ...The Hill - Dec. 4 -
Germany’s car sector layoffs could fill skill shortages in mid-cap firms, Deutsche Bank CEO says
Deutsche Bank CEO Christian Sewing said layoffs in car manufacturers including Volkswagen could help fill labor shortages in medium sized firmsMarketWatch - Dec. 4 -
Contentious budget plans are wreaking political havoc across Europe
Post-pandemic fiscal rules are putting pressure on even the most hawkish EU members in the euro zone.CNBC - Dec. 4 -
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Power shortages in Ecuador are melting away the future of a small town’s ice-cream industry
Ice-cream production in this quiet Ecuadorian town began in the mid-20th century in a convent for Franciscan nunsABC News - Dec. 4 -
Scottish Budget presents huge challenges for SNP
Finance Secretary Shona Robison is preparing to set out her spending plans for next year.BBC News - Dec. 4 -
Yellowknife city council drops city-run dog pound from budget
Yellowknife city council removed $550,000, intended to operate its own dog pound, from the city's draft budget on Monday.Council made the unanimous decision as part of its budget review. The city's ...Yahoo Sports - Dec. 3 -
U.S. investors watch French budget mess amid memories of eurozone debt crisis
Bond-market participants in the U.S. and abroad were zeroing in Tuesday on the possibility that French Prime Minister Michel Barnier’s government could fall and assessing whether this could turn ...MarketWatch - Dec. 3 -
Michel Barnier defends budget in TV interview as government faces no confidence vote on Wednesday – live
Minority government of prime minister faces near-certain defeat in a no-confidence vote that could spark crisis. The Libertés, indépendants, outre-mer et territoires (Liberties, Independents, ...The Guardian - Dec. 3 -
Fantasy Football Week 14 Waiver Wire: Isaac Guerendo is the league winner worth spending remaining budget on
Here's who you should be targeting heading into Week 14CBS Sports - Dec. 3 -
French Government Faces No-Confidence Vote Over Budget Bill
Prime Minister Michel Barnier pushed a budget bill through the lower house of Parliament without a vote. A no-confidence vote this week could topple him and his cabinet.The New York Times - Dec. 3 -
'I get £770 a month - what's in the Scottish Budget affects everything'
BBC News Scotland has been speaking to people about what they want - and what they fear - from the Budget.BBC News - Dec. 3 -
Back budget or Wales could lose £1bn, FM warns
Eluned Morgan warns Wales could lose significant funding if opponents do not help her pass a budget.BBC News - Dec. 3 -
French government faces no-confidence vote over Barnier's austerity budget
French Prime Minister Michel Barnier is bracing for a no-confidence vote this week, a political reckoning poised to topple his fragile government and send shockwaves across the eurozoneABC News - Dec. 2 -
French government teeters after PM Barnier forces through budget
Michel Barnier is unlikely to survive a no-confidence vote, tabled by left and far-right parties.BBC News - Dec. 2
