New Jersey schools are facing a fiscal cliff as the state spends $7.3 billion on illegal immigration
TRENTON, NJ – As more New Jersey schools continue to report closures, staff layoffs, and even the sale of longtime community schools because of being ‘shortchanged’ by Governor Phil Murphy’s S2 funding…
EDVA Collects Over $25 M in Civil and Criminal Actions in Fiscal Year 2022
ALEXANDRIA, Va. – U.S. Attorney Jessica D. Aber announced today that the Eastern District of Virginia (EDVA) collected over $25 million in criminal and civil actions in Fiscal Year 2022. Of this…
VERONIQUE DE RUGY: A Path To Fiscal Sanity Has Been Revealed To Congress. Will It Listen?
VERONIQUE DE RUGY: A Path To Fiscal Sanity Has Been Revealed To Congress. Will It Listen? Veronique de Rugy on December 28, 2022 Dealing with high inflation and an increasingly shaky economy,…
Tunisia seeks to cut fiscal deficit to 5.5% in 2023, led by economic reforms
By Tarek Amara TUNIS (Reuters) -Tunisia expects to reduce its fiscal deficit to 5.5% next year from a forecast 7.7% this year, driven by austerity measures that could pave the way for…
JAMES CARTER: A Plea For Fiscal Sanity
JAMES CARTER: A Plea For Fiscal Sanity James Carter on December 22, 2022 With Christmas quickly approaching, many of us find ourselves in a flurry of holiday traditions — decorating the tree,…
U.S. Attorney’s Office Collects $8.3M in Civil and Criminal Actions in Fiscal Year 2022
PORTLAND, Maine: U.S. Attorney Darcie N. McElwee announced today that the District of Maine collected $8,292,916.71 in criminal and civil actions in Fiscal Year 2022. Of this amount, $2,387,668.51 was collected in criminal…
U.S. Attorney Announces Office Collects Approximately $7.3 Million in Fiscal Year 2022
BOISE – U.S. Attorney Josh Hurwit announced today that the office’s Financial Litigation Program, which is part of the Asset Recovery Division, collected more than $5.6 million in criminal restitution, fines, and…
UNITED STATES ATTORNEY’S OFFICE COLLECTS $246,498.00 IN CIVIL AND CRIMINAL ACTIONS IN FISCAL YEAR 2022
U.S. Virgin Islands – United States Attorney Delia L. Smith announced today that the District of the Virgin Islands collected $246,498.00 in criminal and civil actions in Fiscal Year 2022. Of that…
Japan govt revises up fiscal 2023 growth forecast on higher capex, wages
By Kantaro Komiya TOKYO (Reuters) – Japan’s government revised up on Thursday its growth forecast for the next fiscal year on prospects for higher business expenditure and substantial wage hikes that are…
U.S. Attorney’s Office for the District of Vermont Collects $1,597,621.03 in Civil and Criminal Actions in Fiscal Year 2022
Burlington, Vermont – U.S. Attorney Nikolas P. Kerest announced today that the District of Vermont collected $1,597,621.03 in criminal and civil actions in Fiscal Year 2022. Of this amount, $1,076,812.47 was collected…
U.S. Attorney’s Office Collects Nearly $33 Million in Civil and Criminal Actions in Fiscal Year 2022
PORTLAND, Ore.—The U.S. Attorney’s Office for the District of Oregon announced today that it has collected nearly $33 million in criminal and civil actions in Fiscal Year 2022. Of this amount, $10.2…
The U.S. Attorney’s Office for the Middle District of Georgia Collects $6.8 Million in Civil and Criminal Actions in Fiscal Year 2022
ALBANY, Ga. – U.S. Attorney Peter D. Leary announced today that the U.S. Attorney’s Office for the Middle District of Georgia collected $6,814,729.05 in criminal and civil actions in Fiscal Year 2022.…
U.S. Attorney’s Office Collects Nearly $4.7 Million in Civil and Criminal Actions in Fiscal Year 22
FAIRVIEW HEIGHTS, Ill. – U.S. Attorney Rachelle Aud Crowe announced Tuesday the Southern District of Illinois has collected $4,699,850.01 in criminal and civil actions in Fiscal Year 2022. Of this amount, $2,525,112.94…
China to maintain ample liquidity in 2023 to implement proactive fiscal policy – state media
SHANGHAI (Reuters) – China will maintain reasonably ample liquidity in financial markets while better serving needs from the real economy next year, state media quoted a vice governor of the People’s Bank…
Organization Pushes For New State Amid Illinois’ ‘Fiscal Catastrophe’
Organization Pushes For New State Amid Illinois’ ‘Fiscal Catastrophe’ Trevor Schakohl on December 8, 2022 Illinois’ corruption, financial troubles and other problems have prompted some residents to advocate for establishing a new…
Japan to increase defence budget by $7.3 billion in fiscal 2023 – sources
By Takaya Yamaguchi and Yoshifumi Takemoto TOKYO (Reuters) -Japan’s government is set to raise defence spending by 1 trillion yen ($7.34 billion) to around 6.5 trillion yen in the next fiscal year…
Japan to increase defence budget by $7.3 billion in fiscal 2023 – sources
By Takaya Yamaguchi and Yoshifumi Takemoto TOKYO (Reuters) -Japan’s government is set to raise defence spending by 1 trillion yen ($7.34 billion) to around 6.5 trillion yen in the next fiscal year…
Brazil’s central bank to keep rates steady, stress fiscal concerns: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s central bank is set to keep its benchmark interest rate at a cycle-high of 13.75% next week, stressing heightened worries over new government plans…
ECB’s Lagarde warns some fiscal policies in Europe could fuel excess demand
BANGKOK (Reuters) – European Central Bank President Christine Lagarde warned on Friday that some European governments’ fiscal policies could lead to excess demand, and that fiscal and monetary policies need to work…
India economy likely to grow 6.5%-7% next fiscal year -govt adviser
By Shivangi Acharya NEW DELHI (Reuters) – The Indian economy is likely to grow 6.5% to 7% next fiscal year if the global environment does not worsen, a member of the prime…
Fiscal developments affect Brazil’s central bank decisions through balance of risks, says director
BRASILIA (Reuters) – Brazilian central bank director Diogo Guillen said on Tuesday that markets are more sensitive to fiscal news and that fiscal developments enter into policymakers’ decisions through the balance of…
Indian states seek greater fiscal space from federal government
By Nikunj Ohri NEW DELHI (Reuters) – Indian states asked the federal finance ministry for greater budgetary autonomy and fiscal space, officials said after a budget consultation meeting in New Delhi on…
German finance minister: must talk about fiscal stimulus for 2024 budget
BERLIN (Reuters) – The German government needs to talk about fiscal measures for the 2024 budget to stimulate the economy, Finance Minister Christian Lindner said on Tuesday. “We will have to talk…
Brazil’s Lula: Fiscal responsibility crucial but must also spend to improve country
By Catarina Demony LISBON (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva said on Saturday that fiscal responsibility was crucial but that spending to improve the country’s economy and welfare was…
Brazil’s Treasury presents new fiscal anchor for debate
BRASILIA (Reuters) – Brazil’s Treasury on Monday presented a proposal for a new fiscal anchor that aims to replace three rules currently in force with just one, which limits the real growth…
Explainer-Bracket creep, fiscal drag: how inflation warps the tax take
By Leigh Thomas PARIS (Reuters) – While households struggle to cope with rocketing prices, the inflation spike is good for the taxman because it means there are simply more revenues to tax.…
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