TRENTON, NJ – Trenton lawmakers are proposing a $500 tax credit to help residents contend with soaring gas prices, energy costs, and inflation. With no …
By Pete Schroeder WASHINGTON – The White House on Monday proposed imposing a minimum tax on the nation’s richest people to challenge the “indefensibly low …
WASHINGTON – U.S. President Joe Biden’s $5.79 trillion budget plan released on Monday calls for the federal government to hire thousands more workers to fight …
By Jan Strupczewski BRUSSELS – The European Union should, like national governments, have a proper budget it could use to stabilise the bloc’s economy if …
WASHINGTON – U.S. President Joe Biden will propose a minimum tax on billionaires as part of the fiscal 2023 budget that is expected to be …
By William Schomberg LONDON – British finance minister Rishi Sunak must decide next week whether to spend billions of pounds more to ease the growing …
-The Pentagon will request 61 F-35 stealth warplanes from Lockheed Martin Corp in its next budget, 33 fewer than previously planned, Bloomberg News reported https://www.bloomberg.com/news/articles/2022-03-16/lockheed-s-tardy-f-35-is-hit-with-a-35-cut-in-2023-u-s-budget …
ANNAPOLIS, MD—Maryland’s state coffers are filled with cash, according to Governor Larry Hogan and now he wants to pause the state’s gas tax. Hogan said …
BERLIN – Germany’s draft budget for 2022 envisages just shy of 100 billion euros (dollars) in new borrowing, a person familiar with the budget planning …
“Since taking office, Murphy has increased spending by an outlandish 40 percent. He is trying to hide behind what he calls the ANCHOR Property Tax …
TRENTON, NJ – New Jersey Governor Phil Murphy’s 2023 budget is too little tax relief, too late. That’s what New Jersey Senate Republican Leader Steven …
TRENTON, NJ – After more than two weeks of delay, New Jersey Governor Phil Murphy is expected to finally present in 2022 state budget message, …
SOFIA – Bulgaria’s parliament on Friday rubber-stamped the 2022 budget bill that targets a fiscal deficit of 4.1% of economic output this year, planning for …
OTTAWA, Feb 25 – – Canada in December recorded its first monthly surplus since the onset of the COVID-19 pandemic, while its deficit in the …
By Nia Williams CALGARY, Alberta – Canada’s biggest oil-producing province Alberta is expecting its first budget surplus since 2014/15, Finance Minister Travis Toews said on …
MOSCOW – Russian government has over 4.5 trillion roubles ($53 billion) of freely available budget funds and has enough resources to secure macroeconomic stability and …
By William Schomberg and Andy Bruce LONDON -Fast-rising inflation is pushing up the British government’s debt interest bill sharply and limiting finance minister Rishi Sunak’s …
SEOUL – South Korea’s National Assembly approved a 16.9-trillion-won ($14.2 billion) supplementary budget on Monday aimed partly at funding the response to COVID-19 and supporting …
TOKYO – A key Japanese parliamentary committee on Monday approved the government’s record $940 billion initial spending plan for the next fiscal year, setting the …
By Duncan Miriri NAIROBI – A key IMF-supported programme funding military wages and other essential services in Somalia could expire in May if there are …
by Margo Riser TRENTON, N.J. – Assembly Republicans rejected Gov. Phil Murphy’s request to push the gubernatorial budget message to Tuesday, March 8 from Tuesday, Feb. …
– The U.S. government posted a $119 billion budget surplus in January, the first in more than two years, amid strong growth in tax receipts …
By Sergio Goncalves LISBON – Portugal’s government can return to a balanced budget between 2022 and 2023, if it wants, taking advantage of a robust …
Mexico doubled down on its criticism of the Democrats’ Build Back Better Act, arguing that a provision favoring U.S. automakers violates the recently-signed United States-Mexico-Canada …
PENSACOLA, Fla – Today, Governor Ron DeSantis announced more than $100 million in funding proposals to support Florida’s National Guard and establish the Florida State …
The Washington, D.C., police union blamed the city’s recent surge in homicides on police reform measures implemented in the wake of George Floyd’s death. “Homicides …
As the House moves toward a vote on President Joe Biden’s $1.75 trillion spending package, Democrats and Republicans are in agreement on one thing: the …
The Portland, Oregon, city council passed a budget Wednesday increasing spending on law enforcement after slashing police funds last year. The city council voted unanimously …
West Virginia Democratic Sen. Joe Manchin Wednesday doubled down against the inclusion of a paid family leave provision in his party’s spending package after House …
The Democrats’ reconciliation package will likely include more than $500 billion worth of climate provisions, more than the entire Department of Energy budget, the White …
West Virginia Democratic Sen. Joe Manchin said Monday that his party “should” be able to compromise on a framework for their spending package this week, …
The Biden administration said Friday that the 2021 U.S. budget deficit was $360 billion lower than in 2020. The deficit figure hit $2.77 trillion in …
Democrats have inserted numerous provisions and subsidy programs into their $3.5 trillion budget that would benefit green energy companies and speed the transition to renewables. …
A group of more than 100 House Democrats urged Speaker Nancy Pelosi on Tuesday to include green energy handouts for union workers in their massive …
House Speaker Nancy Pelosi said Monday night that her caucus has “overwhelmingly” signaled that they would prefer to do “fewer things well” in their sweeping …
Treasury Secretary Janet Yellen said Sunday that she is confident that the Democrats’ budget will include a global minimum tax for corporations just days after …
The 10th Legislative District lawmakers expressed shock over Governor Phil Murphy’s comments during the recent gubernatorial debate that he “already worked with Toms River” on …
Democrats’ stalled budget bill includes $8 billion a year for 10 years for illegal immigrant parents, the Center for Immigration Studies announced on Tuesday. The …
House Democrats will consider nearly $3 trillion in tax hikes over the next decade in an attempt to pay for their $3.5 trillion budget that …