Why Trussonomics was doomed: Tories cannot stomach spending cuts
Sunak presides over a Conservative party incapable of uniting over fiscal policy, but his fear of arguments has not helped
| Date: | Jan. 26, 2023 4:30 AM ET |
| Link: | Read more at Financial Times |
| Source: | World - ft.com |
Search
Sort by
Date
Items per page
-
Analysis: Why Germany is struggling to stomach the idea of sending tanks to Ukraine
The past 12 months has forced European leaders to seriously rethink their approach to national security.
Jan. 21, 2023 - CNN.com - RSS Channel - HP Hero - Top stories - Ukraine -
A must-have for spending negotiations: proposed spending cuts
Word has it that the Biden administration will not deliver the president’s budget until March 9. That is a month later than the legal deadline of “the first Monday in February,” which was yesterday.
22 hours ago - Just In | The Hill - Politics -
Hunt to defy Tory critics by rejecting calls for tax cuts
UK chancellor to stress in speech to tech investors that cutting inflation remains his priority
Jan. 26, 2023 - UK homepage - Business -
Hunt to defy Tory critics by rejecting calls for tax cuts
UK chancellor to stress in speech to tech investors that cutting inflation remains his priority
Jan. 26, 2023 - World - World -
Truss joins Tory rightwing clamour for immediate tax cuts
Hunt and Sunak insist their focus is on controlling UK public finances and inflation
Jan. 25, 2023 - World - World - United Kingdom -
Truss to join Tory rightwing clamour for immediate tax cuts
Hunt and Sunak insist their focus is on controlling UK public finances and inflation
Jan. 25, 2023 - UK homepage - Business - United Kingdom -
McCarthy calls on Biden to accept spending cuts in debt ceiling fight
White House has said Biden will discuss issue after ceiling is lifted, while Republicans insist on cuts firstKevin McCarthy, the House speaker, called on Joe Biden to agree to compromises and spending cuts, as the two remain deadlocked
Feb. 6, 2023 - The Guardian - World - Joe Biden -
House Republicans float one spending cut in a debt ceiling bill: Unspent Covid money
There’s no Republican plan to resolve the debt ceiling problem. But some GOP lawmakers are considering using unspent Covid relief funds to reduce spending.
Feb. 3, 2023 - NBC News Politics - Politics - Covid -
House Republicans float one spending cut in a debt ceiling bill: Unspent Covid money
There’s no Republican plan to resolve the debt ceiling problem. But some GOP lawmakers are considering using unspent Covid relief funds to reduce spending.
Feb. 3, 2023 - NBC News Top Stories - Top stories - Covid -
Eyeing defense spending cuts, House GOP targets military ‘wokeness’
Top House Republicans say the Pentagon’s budget will be on the table as Republicans seek to negotiate spending cuts in exchange for raising the federal debt ceiling — and have placed a bullseye on “wokeness” in the military.
Feb. 2, 2023 - Just In | The Hill - Politics -
In Debt Limit Fight, Republicans Won’t Say What Spending Cuts They Want
A renewed focus on fiscal restraint in the standoff with Democrats poses its own political risks.
Jan. 31, 2023 - NYT > Top Stories - Top stories - Republican Party -
McCarthy calls Biden memo on spending cuts, avoiding default ‘political games’
Speaker Kevin McCarthy (R-Calif.) called a White House memo outlining President Biden’s plan for their meeting on Wednesday ‘political games.’ The memo, released on Tuesday, said Biden will ask McCarthy if he will commit to avoiding
Jan. 31, 2023 - Just In | The Hill - Politics - Joe Biden -
Rand Paul eyes cuts to military, welfare spending ahead of debt limit talks
Rand Paul eyes cuts to military, welfare spending ahead of debt limit talks lead
Jan. 25, 2023 - Congress - Politics -
Schumer calls on House GOP to unveil proposed spending cuts in debt ceiling negotiations
Senate Majority Leader Charles Schumer (D-N.Y.) called on House Republicans on Monday to lay out the spending cuts they're proposing as part of a deal to raise the debt ceiling and decried what
Jan. 23, 2023 - Just In | The Hill - Politics -
Yellen: GOP demand to link spending cuts to debt limit increase 'very irresponsible'
Treasury Secretary Janet Yellen said in an interview published Sunday that Republican calls for spending cuts in exchange for agreeing to raise the debt ceiling were “very irresponsible.” In an interview with the Associated Press
Jan. 22, 2023 - Just In | The Hill - Politics -
House GOP pushes spending cuts for debt ceiling agreement
House Republicans, especially those who demanded concessions to elect Kevin McCarthy as Speaker, say they want spending cuts before they'll agree to raise the nation's debt ceiling, which the Biden administration says is necessary to
Jan. 21, 2023 - Home - CBSNews.com - Top stories -
U.K. consumers cut back on spending in December, new data shows
New data from Britain's Office for National Statistics shows that consumers in the United Kingdom cut down on their shopping in December by the largest amount in at least 25 years.
Jan. 20, 2023 - Home - CBSNews.com - Top stories -
Top Twitter advertisers cut ad spends by 42 percent after Musk takeover: study
Ad spending from the top 30 advertisers on Twitter fell by an estimated 42 percent after Tesla CEO Elon Musk took over the company, according to a new report from Reuters based on research from the firm Pathmatics.
Jan. 19, 2023 - Just In | The Hill - Politics - Elon Musk -
Top Democratic appropriator presses agency heads for impact of proposed GOP spending cuts
Rep.
Jan. 19, 2023 - Just In | The Hill - Politics -
Microsoft to cut 10,000 jobs as spending slows
Chief executive Satya Nadella says cuts will cost $1.2bn (£972bn) as tech firms scale back staff numbers.
Jan. 18, 2023 - BBC News - Home - Top stories - Microsoft -
House Speaker McCarthy renews calls for spending cuts as federal debt limit looms
As the U.S. nears its debt limit, House Republicans are calling for negotiations and federal spending caps.
Jan. 16, 2023 - Home - CBSNews.com - Top stories - House -
McCarthy weighs in on defense spending cuts amid GOP divisions
House Speaker Kevin McCarthy (R-Calif.) signaled his support Sunday for some cuts in defense spending amid growing tension within the House GOP ranks over the party's approach to a coming debt limit fight.
Jan. 15, 2023 - Just In | The Hill - Politics -
McCarthy Renews Calls for Spending Cuts to Raise Debt Ceiling
The House speaker’s call came days after the Treasury Department said the government may not be able to pay its bills by early summer.
Jan. 15, 2023 - WSJ.com: US Business - Business -
Egypt Plans Spending Cuts as It Faces Economic Crisis
The International Monetary Fund extended hundreds of millions of dollars in a bailout package as the country struggles to pay off debts.
Jan. 12, 2023 - WSJ.com: World News - World -
TSMC Warns of Possible Revenue Drop, Spending Cut
The chip-making juggernaut’s forecasts underscore the headwinds faced by the semiconductor industry after a period of strong expansion.
Jan. 12, 2023 - WSJ.com: US Business - Business