Latest in Government Funding
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Why Republicans are at odds about how to fund the government
The Republican-controlled Senate adopted a $340 billion budget blueprint. Next week, the GOP-led House will advance its own proposal. There are some differences in strategy, and President Trump ...CBS News - Feb. 21 -
Jeffries accuses Republicans of walking away from government funding talks
House Minority Leader Hakeem Jeffries (D-N.Y.) late Sunday accused Republicans of walking away from government funding talks ahead of a looming shutdown deadline. “The top Democrat on the ...The Hill - 3d -
GOP plows forward with government funding plan despite Democratic opposition
House Republicans are pressing on with plans for a clean six-month stopgap to keep the government funded beyond next week’s shutdown deadline in the face of staunch resistance from Democrats. ...The Hill - 16h -
The options to fund European defence
Governments are discussing how to boost investment in Europe’s arms industryFinancial Times - Feb. 27 -
Norway’s oil fund to allocate billions to long-short equity hedge funds
Norges Bank Investment Management to give $250mn mandates to external managersFinancial Times - 1d -
The Trump funding cuts will backfire if they are not stopped
One of the casualties of suspending funding for USAID programs is the global Famine Early Warning System. You can’t manage what you can’t measure.The Hill - Feb. 24 -
Details on judge's allowance of government layoffs
A federal judge has refused to stop President Trump's mass firings, saying unions representing those workers have to take their claims to the Federal Labor Relations Authority. CBS News senior ...CBS News - Feb. 21 -
Gatwick second runway backed by government
Transport Secretary Heidi Alexander says she is "minded to approve" the expansion, which faces opposition.BBC News - 6d -
Doge snaps at the ankles of government consultants
After wielding a chainsaw to the federal budget, managing consulting contracts may be next on the chopping blockFinancial Times - 2d -
£67bn of UK investors’ money is in underperforming funds
Wealth floundering in so-called ‘dog’ funds rises 26 per cent in six months, as investor Nick Train’s UK Equity product named among themFinancial Times - Feb. 21 -
Meta launches $50M Meta Horizon Creator Fund
This week, Meta launched a $50 million Meta Horizon Creator Fund. Under the theme of “Shape what’s next,” Meta plans to reward creators who can innovate and earn with Meta Horizon Worlds. The fund ...VentureBeat - Feb. 22 -
PM announces £200m support fund for industrial site
Sir Keir Starmer's announcement comes ahead of the refinery's planned closure this summer with the loss of more than 400 jobs.BBC News - Feb. 23 -
Benjamin Black Weighs Shift in U.S.A.I.D. Funding
Benjamin Black, a son of the private equity mogul Leon Black and likely head of the International Development Finance Corporation, wants a piece of U.S.A.I.D.’s funding to invest in “pro-market” ...The New York Times - Feb. 26 -
Nations salvage funding deal to reverse wildlife decline
Funding agreed at UN conference in Rome that would attempt to tackle the rapid loss of biodiversityBBC News - 6d -
SoftBank Considers Borrowing $16 Billion to Fund AI
This would be on top of the $15 billion SoftBank has already committed to Stargate.Inc. - 3d -
More funding for judges to tackle record court delays
The announcement of new support for courts comes as two reports warn the justice system is struggling.BBC News - 1d -
Ovechkin uses Gretzky chase for cancer funding
Every goal scored by Alex Ovechkin for the rest of his career will raise funds toward pediatric cancer research.ESPN - 23h -
Federal judge presses pause on NIH funding cuts
A federal judge on Wednesday issued an order temporarily blocking the Trump administration from imposing a 15 percent cap on research funding from the National Institutes of Health (NIH), finding ...The Hill - 18h -
Government finances in surplus but pressure builds on Reeves
Chancellor faces a rising challenge to keep her tax and spending plans on track after missing forecasts.BBC News - Feb. 21 -
DOGE Sparks Surveillance Fear Across the US Government
The US government has increased the use of monitoring tools over the past decade. But President Donald Trump’s employee purges are making workers worry about how their data could be abused.Wired - Feb. 21 -
Judge allows Trump's government workforce cuts to continue
A federal judge will allow the Trump administration's cuts to the government workforce to continue after declining a request from labor unions for relief. The judge says he lacks jurisdiction and ...CBS News - Feb. 21 -
Trump touts efforts to reshape government in CPAC speech
President Trump spoke at the Conservative Political Action Conference in Washington, D.C., on Saturday, marking his first address to the conservative gathering since the beginning of his second ...NBC News - Feb. 23 -
China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - Feb. 23 -
Germany has voted. But what kind of government will it have?
The country faces weeks or even months of coalition negotiations after no party won a majority. It has been a extraordinary election in Germany, and the result has been keenly awaited around the ...The Guardian - Feb. 23 -
How will Germany’s Merz build his coalition government?
CDU leader has vowed to seal negotiations with the Social Democrats by AprilFinancial Times - Feb. 25 -
Moving fast and breaking things doesn't work in government
Breaking a social media company is not like dismantling the infrastructure, social programs or oversight mechanisms of one of the largest and most powerful countries in the world.The Hill - Feb. 25 -
Elon Musk's approach to government spending sparks debate
As head of the Department of Government Efficiency, Elon Musk has taken an aggressive approach to budget cuts. Economist Oren Cass weighs in on whether this strategy is reform or reckless ...CBS News - Feb. 25 -
DOGE Is Working on Software That Automates the Firing of Government Workers
Operatives working for Elon Musk’s DOGE appear to be editing the code of AutoRIF—software designed by the Defense Department that could assist in mass firings of federal workers, sources tell WIRED.Wired - Feb. 25 -
How the Wayback Machine is preserving outdated government websites
The Wayback Machine is helping preserve the record of government websites before they were changed by the Trump administration. CBS News Confirmed's Rhona Tarrant reports.CBS News - Feb. 25 -
UK government insists consultancy spending cuts ‘on track’
Big firms won £1.5bn of UK government work in 2024, an increase on the previous two yearsFinancial Times - Feb. 27 -
Northern Ireland executive ministers agree programme for government
Ministers agree on the programme one day after a decision on the finalised document was postponed.BBC News - Feb. 27 -
DOGE is now dramatically raising the potential for a government shutdown
Adding Musk's cuts to spending talks could help satisfy hard-liners but alienate Democrats whose votes will be needed to fund the government.Politico - 6d -
India’s GDP rebound offers comfort to Modi government
Data shows growth rate reached 6.2% but still well below levels needed to hit PM’s long-term goalsFinancial Times - 6d -
HMRC to ditch Barclays as government’s bank in favour of Lloyds
UK tax authority to retain NatWest and Citigroup but drop Barclays from £334mn contractFinancial Times - 4d -
Programme for government a 'significant milestone', says O'Neill
The Programme for Government includes a target of treating an extra 70,000 patients to reduce hospital waiting lists.BBC News - 2d -
Global government borrowing set to hit record $12.3tn
S&P predicts higher bond issuance will push stock of long-term debt to $76.9tnFinancial Times - 2d