Latest in Spending Benefit Cuts
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The Week: Defence Spending, Benefit Cuts and The Spring Statement
James and Chris are joined by Lucy Fisher and Stephanie Flanders to discuss the week.BBC News - 20h -
The Papers: 'Benefit cut for 1m' and 'Putin must not play games'
A mix of stories make up the front of Saturday's papers, with a focus on government spending cuts and the war in Ukraine.BBC News - Mar. 15 -
In rural Louisiana, Speaker Mike Johnson’s constituents fear potential Medicaid cuts
In House Speaker Mike Johnson’s backyard, many residents rely on anti-poverty programs to help make ends meet — and are pleading with the Louisiana Republican to protect those benefits as Congress ...NBC News - Mar. 12 -
Keir Starmer defends planned welfare cuts to anxious Labour MPs
Prime minister wants to reform disability benefit payments to help fund greater spending on defenceFinancial Times - Mar. 10 -
Tensions grow over UK government plan to cut welfare payments
Work and pensions secretary Liz Kendall prepares to slash spending on health-related benefitsFinancial Times - 4d -
Reeves’ cuts to total over £10bn in bid to restore UK finances
Departmental spending squeeze and benefits crackdown part of chancellor’s bid to fill fiscal holeFinancial Times - 13h -
Reeves’ cuts to total over £10bn in bid to restore UK finances
Departmental spending squeeze and benefits crackdown part of chancellor’s bid to fill fiscal holeFinancial Times - 13h -
Benefits crackdown unveiled with aim to save £5bn a year by 2030
Measures include restricting eligibility for disability payments and cutting benefits for health conditions.BBC News - 3d -
Benefits reform will ensure fairness, minister says, as opponents criticise expected cuts
Proposals to change benefits rules to be unveiled on Tuesday have provoked unease among Labour MPs.BBC News - 4d -
'If I lose my benefit payments I'll struggle to get to work'
People on long-term sickness and disability benefits tell the BBC they fear how cuts will affect them.BBC News - 3d -
Does cutting benefits actually work?
The government has set out plans to save billions of pounds from the welfare bill - how have previous attempts to do this fared?BBC News - 3d -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - Mar. 10 -
GOP's Burchett berates CNN anchor over spending cuts coverage
Rep. Tim Burchett (R-Tenn.) on Tuesday attacked CNN’s coverage of the Department of Government Efficiency’s (DOGE) spending cuts and accused the network of trying to rally its viewers against ...The Hill - Mar. 11 -
Senators to Trump Social Security nominee: 'You will be responsible' if benefits are interrupted
As the Social Security Administration cuts staff, that could impact the agency's ability to pay millions of benefit checks each month, Democratic senators warn.CNBC - Mar. 12 -
‘Not quite yet beautiful’: Republicans at odds over spending cuts after meeting Trump
Senate Republicans aren’t seeing eye to eye with their colleagues in the House over places to cut spending in order to pay for their extension of the 2017 Trump tax cuts. GOP members of the Senate ...The Hill - Mar. 14 -
Disability benefit cuts test loyalty of Labour MPs
Some are worried about the possibility of freezing payments for people with long-term conditions.BBC News - Mar. 12 -
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Musk’s cuts fail to stop US federal spending hitting new record
Government spending rose to $603bn in February despite hyperactive efficiency drive, data showsFinancial Times - Mar. 12 -
2 portfolio stocks that should benefit from a boost in spending by older Americans
Home Depot and GE Healthcare are companies Mizuho believes will get a boost from an aging American population.CNBC - 1d -
No one knows why UK benefit claims have outpaced peer countries
Asking why might well result in answers that involve spending more moneyFinancial Times - 2d -
House GOP seeks spending cuts, defense increases in plan to avert shutdown
House Republicans on Saturday unveiled a six-month stopgap government funding plan, that seeks cuts to nondefense programs while boosting funding for defense. The bill's rollout kicks off a crucial ...The Hill - Mar. 8 -
G.O.P. Spending Bill Would Force $1 Billion Cut to D.C. Budget
Republicans omitted a standard provision approving the District’s budget in a stopgap funding measure needed to avert a shutdown before the end of the week. The result would be a 16 percent cut.The New York Times - Mar. 11 -
Starmer says benefit system unfair and indefensible
Some Labour MPs urge ministers to tackle the "crisis of economic inactivity", while others oppose cuts.BBC News - Mar. 11 -
Gulf soccer clubs slash spending as they focus on younger talent
Soccer teams in the Gulf cut transfer spending by nearly half in 2024 compared to the previous year, prioritizing younger talent instead of aging superstars.Yahoo Sports - 4d -
Plan to freeze key disability benefit may be dropped
Many usually loyal Labour MPs had voiced strong opposition to the idea of not increasing PIP in line with inflation, as part of expected welfare cuts.BBC News - 5d -
Liz Kendall unveils UK benefits cuts set to leave many sick and disabled worse off
Welfare secretary announces changes aimed at cutting bill by up to £5bn in face of opposition from Labour MPs. UK politics live – latest updates Liz Kendall, the welfare secretary, has faced ...The Guardian - 3d -
Crackdown on government credit cards to cut 'wasteful' spending
Purchases include £2,500 spent at a women's shoe shop in Barbados and £1,200 on luxury coffee pods.BBC News - 4d -
The Papers: 'D-Day for benefit cuts' and 'Kate's stout and about'
Tuesday's papers have pictures of the Princess of Wales celebrating St Patrick's Day.BBC News - 4d -
Labour unveils disability benefits cuts that aim to save over £5bn
Move risks stoking biggest backbench rebellion of Keir Starmer’s premiershipFinancial Times - 3d -
With Medicaid cuts looming, misinformation about immigrants, especially Latinos, spreads
As Republican lawmakers move to cut Medicaid spending, misinformation about immigrants, especially about Latinos, is spreading on social media.NBC News - Mar. 13 -
Farms, Food Banks Cut Off Guard By Spending Cuts
Promising a return to “fiscally responsible initiatives,” the Agriculture Department ended two Biden-era programs that paid farmers to provide food to schools and low-income families.The New York Times - Mar. 13 -
House votes to avoid government shutdown by passing temporary spending bill
The House of Representatives has passed a short-term funding bill to avert a government shutdown. The stopgap bill funds the government until Sept. 30. The measure increases defense spending by $6 ...CBS News - Mar. 11 -
Burn pit fund for veterans on chopping block in GOP spending bill
Democratic lawmakers and veterans’ groups are fuming over a provision in a stopgap federal spending bill passed by House Republicans this week that would cut a Department of Veteran Affairs fund ...The Hill - Mar. 14 -
Consumer Spending Rose Weakly in February
Tepid gains after a January dropoff indicate growing caution among U.S. shoppers amid stock market plunges and DOGE job cuts.Inc. - 4d -
Could Starmer be in for a benefits rebellion as tribes clash in his own party?
Labour may have ditched its factional in-fighting - but deep welfare cuts could reignite tensions.BBC News - 6d -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
As the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid funds from “wealthy tax dodgers.”NBC News - Mar. 11 -
Senators to Trump Social Security nominee: 'You will be responsible' if benefits are interrupted
Democratic Senators Elizabeth Warren of Massachusetts and Ron Wyden of Oregon are warning Frank Bisignano, the nominee to lead the Social Security Administration, that he will be responsible if ...NBC News - Mar. 12 -
FirstFT: Musk’s government spending cuts fail to halt rising costs
Also in today’s newsletter, Putin’s frontline visit and a new FT film on Nvidia’s riseFinancial Times - Mar. 13 -
Starmer suffers cabinet uprising over UK spending cuts
Opposition grows to plans in areas such as welfare but prime minister insists he will not bend rules to allow more borrowingFinancial Times - Mar. 13 -
US shoppers cut spending as economic outlook concerns mount
Tariffs, market volatility and political uncertainty threaten to undermine key driver of growth in world’s largest economyFinancial Times - 5d
