budget - Page 2

The UK’s independent economic forecasting body says the country is to avoid technical recession this year and will grow in coming years.

During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers stated that while there are many

Sen. Eric Schmitt (R-MO) responded to President Joe Biden’s latest budget proposal, telling Breitbart News it’s the “wokest budget in history” as some of the federal tax dollars would be used to push leftist ideas “completely out of step with the needs of the American people.”

The conservative House Freedom Caucus introduced on Friday a list of demands to aggressively rein in government spending, saying the group needed its demands met before it would be willing to raise the national debt ceiling and prevent a potential default.

On Thursday’s broadcast of “CNN This Morning,” Sen. Joe Manchin (D-WV) stated that while he’s pleased to see President Joe Biden trying to change the fiscal trajectory, “I can’t tell you” that the $3 trillion in deficit reduction over the

On Thursday’s broadcast of CNBC’s “Closing Bell: Overtime,” Sen. Ed Markey (D-MA) stated that President Joe Biden’s budget proposal “is just aimed at continuing” the economic “success story” under the Biden presidency where “Inflation is going down.” Markey said, “President

President Joe Biden’s budget asks for more money to help deliver more legal, quasi-legal, and illegal migrants into the jobs and homes needed by Americans.

Biden’s budget envisions budget deficits as far as the eye can see.

The draft budget produced by this year’s session of China’s rubber-stamp legislature, the National People’s Congress (NPC), includes $24.6 billion for “coronavirus control” — a rather extravagant sum given that Beijing suddenly dropped all of its “zero Covid” lockdown policies in December.

Sen. Joe Manchin (D-WV) called out Democrats for refusing to negotiate “reasonable and responsible” spending reforms with Republicans on Thursday amid the debt ceiling stand-off.

Florida Gov. Ron DeSantis (R) on Wednesday unveiled his budget proposal — the  “Framework for Freedom Budget” — which totals $114.8 billion and reportedly includes the use of unspent coronavirus relief funds.

Florida Gov. Ron DeSantis administration’s “Framework for Freedom Budget” includes $2 billion in tax relief, including both permanent and temporary sales tax holidays on a variety of items.

Senator Rand Paul (R-KY)  said on Fox Business Network’s “The Evening Edit” that both Republican and Democratic lawmakers’ proposals will not balance the budget.

On Tuesday’s broadcast of CNN’s “At This Hour,” Rep. Brad Sherman (D-CA) argued that there’s no way to cut government programs “and somehow not cut services because we’re going to only deal with the fat” and Republicans saying we should

The Biden administration plans to submit the presidential budget request to Congress on March 9, over a month late.

Republican Study Committee (RSC) members sent a letter to President Joe Biden to demand answers on whether his administration plans to submit the presidential budget request to Congress next week as the country is expected to hit its current debt limit soon.

On Tuesday’s broadcast of the Fox News Channel’s “Faulkner Focus,” Rep. Jim Jordan (R-OH) stated that Democrats should at least release an actual budget plan in exchange for raising the debt ceiling. Jordan said, “We’ve got record spending, record inflation, record

On Monday’s broadcast of the Fox Business Network’s “Kudlow,” Senate Minority Whip Sen. John Thune (R-SD) argued that there need to be budgetary consequences for Congress failing to pass budget and appropriations bills and waiting until the end of the

Britain’s finance minister said that Britons must “face into the storm” as he announced a swath of new taxes and spending cuts, supposedly to shore up the nation’s finances while somehow still stimulating growth, as the country faces the prospect of the longest recession in recorded history.

On Wednesday’s broadcast of the Fox Business Network’s “Kudlow,” Rep. Byron Donalds (R-FL) stated that the best way Congress can fix the economy is to get back to the regular appropriations process, argued that we have to take back COVID

‘Years’ of tax hikes are now on the cards as WEF-linked Prime Minister Rishi Sunak attempts to shore up the UK’s floundering finances.

After backlash from politicians and the public, the European Union has abandoned plans to buy an $18 Million New York townhouse for its U.N. Ambassador.

South Korean President Yoon Suk-yeol held a fiscal strategy meeting at a university near Seoul on Thursday. Yoon said it was time to “wake up from the fantasy of fiscal universalism” and realize that unlimited government spending is not the way to nourish a healthy economy.

West Hollywood, California, is slashing its law enforcement budget even as the city has experienced soaring crime rates.

San Francisco’s Democrat mayor London Breed has a plan to end homelessness for people who claim they are transgender — but her plan could mean women get pushed to the back of the line, says a critic.

The World Health Assembly, which is the decision-making body of the World Health Organization (W.H.O.), adopted reforms on Tuesday that would boost financing to the W.H.O. by as much as $600 million per year starting in 2028.

The Taliban recently dissolved Afghanistan’s Human Rights Commission along with four other departments established by the country’s former, U.S.-backed government, Khaama Press News Agency reported on Tuesday citing an original report by Reuters.

On Tuesday’s broadcast of Newsmax TV’s “John Bachman Now,” Rep. Guy Reschenthaler (R-PA) said President Joe Biden’s budget proposal will be beneficial for China because of the corporate tax increases and defense spending that doesn’t keep pace with inflation in the

On Tuesday’s broadcast of the Fox News Channel’s “Hannity,” House Minority Leader Rep. Kevin McCarthy (R-CA) stated that the tax increases on energy producers in President Joe Biden’s budget proposal will mean that gas prices will increase, and “our enemies

On Monday’s broadcast of MSNBC’s “Hallie Jackson Reports,” White House Council of Economic Advisers member Jared Bernstein responded to a question on whether the minimum tax proposal in President Joe Biden’s budget is a first step towards further tax increases

On Monday’s broadcast of Newsmax TV’s “Rob Schmitt Tonight,” Sen. Mike Braun (R-IN) said that the tax increases and spending in President Joe Biden’s budget proposal will lead to “stagflation that’ll be just like we had back in the early

President Joe Biden’s proposed budget for the coming year uses an inflation estimate that even the White House admits is unrealistically low.

President Joe Biden’s proposed budget for the coming year includes a 4.6 percent pay hike for federal civilian employees, twice as much as the budget’s assumed inflation rate.

The White House on Monday previewed President Joe Biden’s annual 2023 budget, which includes a request for spending on police departments.

White House officials will reportedly zero in on American billionaires with a minimum tax when President Joe Biden announces his 2023 budget.

The government’s Medicaid program rolls have reportedly inflated, growing into a money drain for many state budgets, Fox Business reported Sunday.