Spending
‘We Can’t Keep Kicking This Can Down The Road’: Haley Rips Trump, DeSantis Over Entitlement Spending
‘We Can’t Keep Kicking This Can Down The Road’: Haley Rips Trump, DeSantis Over Entitlement Spending Harold Hutchison on June 4, 2023 Former Ambassador to …
GOP Senators Slam House Republicans For Defense Spending Levels In Debt Bill
GOP Senators Slam House Republicans For Defense Spending Levels In Debt Bill Arjun Singh on June 1, 2023 Several Republican senators are criticizing their counterparts …
US construction spending surges in April
WASHINGTON (Reuters) – U.S. construction spending surged in April, boosted by investment in nonresidential structures, but higher mortgage rates continued to depress single-family homebuilding. The …
US debt ceiling deal keeps non-defense spending roughly flat until FY 2024 – source
(Reuters) – A deal reached to raise the U.S. federal government’s $31.4 trillion debt ceiling keeps non-defense spending roughly flat for current fiscal year and …
NATO Countries Are Talking Big About Beefing Up Defense Spending, But Most Haven’t Backed Up Pledges
NATO Countries Talk Big About Beefing Up Defense Spending, But Most Haven’t Backed Up Pledges Micaela Burrow on May 24, 2023 Most NATO countries have …
Left-Wing Dem Rep Says There Will Be Backlash ‘In The Streets’ If Biden Agrees To Spending Cuts
Left-Wing Dem Rep Says There Will Be Backlash ‘In The Streets’ If Biden Agrees To Spending Cuts Harold Hutchison on May 23, 2023 Democratic Rep. …
Japan govt eyes new budget account focused on childcare spending – media
TOKYO (Reuters) – Japan’s government may set up a new budget account to manage spending linked to childcare funding reforms, the Nikkei business daily reported …
MSNBC Guest: Republicans Really Want Spending Cuts Because They’re ‘Cruel’
MSNBC Guest: Republicans Really Want Spending Cuts Because They’re ‘Cruel’ Harold Hutchison on May 19, 2023 Washington Post columnist Eugene Robinson claimed Friday that Republicans …
ALFREDO ORTIZ: America Needs A Debt Ceiling Deal That Actually Does Something About Reckless Spending
ALFREDO ORTIZ: America Needs A Debt Ceiling Deal That Actually Does Something About Reckless Spending Alfredo Ortiz on May 17, 2023 After months of intransigence, …
Russia’s defence spending jumped 282% y/y to $26 billion in Jan-Feb -budget data
(Reuters) – Russia spent 2 trillion roubles ($26 billion) on defence in January and February alone, a 282% jump on the same period a year …
Blue City Weighs Spending Millions On Ritzy Hotel To House Homeless
Blue City Weighs Spending Millions On Ritzy Hotel To House Homeless Laurel Duggan on May 12, 2023 Democratic Los Angeles Mayor Karen Bass is pushing …
Netflix plans to cut spending by $300 million this year – WSJ
(Reuters) – Netflix Inc plans to cut its spending by $300 million this year, the Wall Street Journal reported on Friday, citing people familiar with …
Norway government ups spending by $5.3 billion due to inflation, Ukraine aid
OSLO (Reuters) -Norway’s centre-left government said on Thursday it plans to spend an extra 56 billion Norwegian crowns ($5.3 billion) from its sovereign wealth fund …
Japan’s spending downturn, wages decline heighten pressure on economy
By Kantaro Komiya TOKYO (Reuters) – Japan’s consumer spending unexpectedly fell in March at the fastest rate in a year, while real wages marked a …
‘The Market Is Smarter Than Biden’: Larry Kudlow Rips Biden Over Jobs Report, Spending
‘The Market Is Smarter Than Biden’: Larry Kudlow Rips Biden Over Jobs Report, Spending Harold Hutchison on May 5, 2023 Fox Business host Larry Kudlow …
Dem Rep Breaks With Biden, Calls For ‘Reduced Spending’ In Debt Ceiling Bill
Dem Rep Breaks With Biden, Calls For ‘Reduced Spending’ In Debt Ceiling Bill Arjun Singh on May 4, 2023 Democratic Rep. Jared Golden of Maine …
EJ ANTONI: Will Another Rate Hike Finally End America’s Spending Spree?
EJ ANTONI: Will Another Rate Hike Finally End America’s Spending Spree? E.J. Antoni on May 4, 2023 The Federal Reserve’s hike of its benchmark target …
Pro-Trump group powers surge in early US super PAC spending
By Jason Lange and Nathan Layne WASHINGTON (Reuters) – A group allied with Donald Trump’s bid for the 2024 Republican nomination is setting records for …
Florida Lawmakers Approve Bill Barring Colleges, Universities From Spending Money On Diversity, Equity And Inclusion
Florida Lawmakers Approve Bill Barring Colleges, Universities From Spending Money On Diversity, Equity And Inclusion Alexa Schwerha on May 3, 2023 Florida lawmakers approved a …
Czech budget gap at record $9.3 billion in Jan-April on social spending, energy subsidies
PRAGUE (Reuters) – The Czech Republic’s budget deficit doubled to 200 billion crowns ($9.30 billion) in January-April, a record for the four-month period and reaching …
Hedge funds bet consumers will rein in U.S. spending – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds’ bearish positions reached year highs in April, largely aimed at companies selling non-essential consumer products, in …
US construction spending rebounds in March on nonresidential structures
WASHINGTON (Reuters) – U.S. construction spending increased more than expected in March, boosted by investment in nonresidential structures, but single-family homebuilding remained depressed amid higher …
Toms River council approves $14 million Mo Hill spending bill in 5-2 vote
TOMS RIVER, NJ – The Toms River Township council has approved a $14 million spending bill proposed by Council President Matt Lotano and Mayor Maurice …
New Zealand committed to cutting spending, PM Hipkins says
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand government is committed to reducing spending even though severe weather events earlier this year caused asset …
Infrastructure spending, pricing seen boosting Caterpillar’s earnings
By Bianca Flowers (Reuters) – Caterpillar Inc is expected to post a rise in quarterly profit on Thursday, a sign that the industrial powerhouse continues …
Ukraine war spurs record global spending on military, Stockholm think tank says
STOCKHOLM (Reuters) – Global military spending rose to a record last year as Russia’s war in Ukraine drove the biggest annual increase in expenditure in …
Kevin McCarthy Proposes $1.5 Trillion Debt-Limit Increase with Large Spending Cuts
Kevin McCarthy Proposes $1.5 Trillion Debt-Limit Increase with Large Spending Cuts Arjun Singh on April 19, 2023 House Speaker Kevin McCarthy released a long-awaited budget …
Trudeau Secretly Told NATO Officials Canada Won’t Ever Live Up To Its Defense Spending Commitments: REPORT
Trudeau Secretly Told NATO Officials Canada Won’t Ever Live Up To Its Defense Spending Commitments: REPORT Micaela Burrow on April 19, 2023 Canadian Prime Minister …
Analysis-Republican states could be hit hardest by McCarthy’s proposed spending cuts
By Andy Sullivan WASHINGTON (Reuters) – The spending-cut proposals unveiled by U.S. House of Representatives Speaker Kevin McCarthy on Monday could fall hardest on people …
Lula’s government should revise Brazil’s mandatory spending constraints, says Haddad
BRASILIA (Reuters) – Brazil’s government should revise the rules for increasing mandatory expenses and budget constraints before the end of the year, once reform of …
JAMES CARTER: The Federal Gov’t Thinks It’s Spending Monopoly Money
JAMES CARTER: The Federal Gov’t Thinks It’s Spending Monopoly Money James Carter on April 6, 2023 As Mark Twain once observed, “It ain’t what you …
Chicago Teachers Union ‘Breached Its Duty’ With Political Spending, Complaint Alleges
Chicago Teachers Union ‘Breached Its Duty’ With Political Spending, Complaint Alleges Reagan Reese on April 3, 2023 Teachers filed an ethics complaint Thursday against the …
US construction spending slips in February
WASHINGTON (Reuters) – U.S. construction spending dipped in February as investment in single-family homebuilding maintained its downward trend amid higher mortgage costs. The Commerce Department …
VIDEO: Gov. Murphy Is Slashing School Funding While Spending Millions on Pork
Indian states likely to fall short of spending targets, posing growth risk – economists
By Ira Dugal MUMBAI (Reuters) – Twelve large Indian states, which have released their local budgets over the past few weeks and forecast aggressive spending …
‘Political Malpractice’: Joe Manchin Tears Into Biden Over Climate Spending Law In Fiery Op-Ed
‘Political Malpractice’: Joe Manchin Tears Into Biden Over Climate Spending Law In Fiery Op-Ed John Hugh DeMastri on March 30, 2023 Democratic Sen. Joe Manchin …
‘That’s Pathetic’: GOP Rep Shreds Defense Secretary For Letting NATO Allies Skimp On Defense Spending
‘That’s Pathetic’: GOP Rep Shreds Defense Secretary For Letting NATO Allies Skimp On Defense Spending Harold Hutchison on March 29, 2023 Republican Rep. Mike Waltz …
Biden’s World Bank Pick Calls For ‘Trillions’ In Climate Spending
Biden’s World Bank Pick Calls For ‘Trillions’ In Climate Spending John Hugh DeMastri on March 29, 2023 Ajay Banga, the former CEO of Mastercard that …
Inflation Reduction? Dems’ Climate Spending Spree Could Cost $1.2 Trillion, Analysts Say
Inflation Reduction? Dems’ Climate Spending Spree Could Cost $1.2 Trillion, Analysts Say John Hugh DeMastri on March 23, 2023 Democrats’ Inflation Reduction Act (IRA) could …
Danish government proposes tight spending to fight inflation
COPENHAGEN (Reuters) -Denmark’s government on Thursday proposed tightening public spending to try to ease inflation as it predicted prices would rise 3.9% this year. “The …
‘Uncle Sugar’: ‘Generous’ Spending During COVID Pandemic Led To Bank Failures, Bill Maher Says
‘Uncle Sugar’: ‘Generous’ Spending During COVID Pandemic Led To Bank Failures, Bill Maher Says Harold Hutchison on March 17, 2023 HBO host Bill Maher said …
‘Warfighting Imperative’: Navy Plans To Increase Climate Spending Nearly 40% In 2024
‘Warfighting Imperative’: Navy Plans To Increase Climate Spending Nearly 40% In 2024 Micaela Burrow on March 14, 2023 The Navy wants Congress to fund an …
Penn State food behavior doc says eating healthy doesn’t have to mean spending more money on food
COLLEGE STATION, PA – A recent study conducted by WalletHub outlined the most overweight and obese states in America. That study could suggest that eating …
ALFREDO ORTIZ: Americans’ Spending Power Continues To Tank In Latest Jobs Report
ALFREDO ORTIZ: Americans’ Spending Power Continues To Tank In Latest Jobs Report Alfredo Ortiz on March 10, 2023 Today’s February jobs report shows that American workers’ real …
Brazil fiscal framework to include rule to track spending, says Haddad
BRASILIA (Reuters) – Brazil’s finance chief said the government’s eagerly awaited fiscal framework would include a new rule to monitor spending but without addressing public …
U.S. House Republican hardliners unveil spending demands for raising debt ceiling
By David Morgan WASHINGTON (Reuters) – The hardline U.S. House Freedom Caucus responded to President Joe Biden’s $6.8 trillion budget proposal on Friday, with a …
Italy’s Leonardo set to benefit from higher defence spending
ROME (Reuters) – Italy’s Leonardo said on Friday it was set to benefit from higher defence spending following the Russian invasion of Ukraine and that …
Greek economy expands in Q4 on higher consumer spending, investment
ATHENS (Reuters) – Greece’s economy expanded in October-to-December last year with higher consumer spending and investment more than offsetting lower exports, official data showed on …
Valentine’s Day spending boosts British retail sales in February – BRC
By Suban Abdulla LONDON (Reuters) – Valentine’s Day helped to boost British retail sales in February but volumes remained down on last year as households …