Increasing defence budget will require tough trade-offs

If Labour will not budge on tax, inflation and a persistent deficit may be the result

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Senate G.O.P. Passes Budget Resolution, and Punts on Tough Questions

Approval of the Republican budget plan left major questions about tax cuts and spending reduction for another day.
The New York Times - 4d
Buffett says Berkshire will continue to increase investment in Japan trading houses

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CNBC - 3d
Starmer announces big cut to UK aid budget to boost defence spending

PM confirms rise in military spending to 2.5% of GDP by 2027 – three years earlier than planned. Keir Starmer has announced drastic cuts to Britain’s international aid budget to help pay for a ...
The Guardian - 20h
The papers: UK ramps up defence budget and Europe's 'fight for peace'

The government's increase in defence spending and developments between Ukraine and the US dominate Wednesday's papers.
BBC News - 14h
House Republicans representing large shares of Medicaid, SNAP beneficiaries face tough budget test

Some Republicans have raised concerns about potential cuts to anti-poverty programs that their constituents rely on as they search for ways to pay for Trump’s legislative agenda.
NBC News - 5d
Starmer defends slashing aid budget to raise defence spending to 2.5% of GDP - UK politics live

Keir Starmer says now is the time to deepen European security, as he announces new defence budget by 2027. The rightwing historian Niall Ferguson is in the audience for Badenoch’s speech, ...
The Guardian - 20h
German parliament in race against time to sign off on new defence fund

Friedrich Merz, expected to be next chancellor, has spoken of urgent need for ramped-up defence, but ‘blocking minority’ could form in future Bundestag. Germany’s outgoing parliament could be asked ...
The Guardian - 20h
Johnson brushes off Musk, but GOP budget holdouts stand firm

Politico - 1d
Trump Administration Plans to Require Undocumented Immigrants to Register

The move, which could expose unregistered migrants to criminal prosecution, represents a drastic escalation of the administration’s efforts to push millions of immigrants to leave on their own.
The New York Times - 11h

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