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| May 23, 2019

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Budget Archives -

Medicaid expansion backers in Kansas block next state budget

May 4, 2019 |

Medicaid expansion backers in Kansas block next state budgetTOPEKA, Kan. (AP) — Kansas lawmakers who support expanding Medicaid blocked passage of the next state budget Friday in a high-stakes standoff designed to force the Legislature's conservative Republican leaders to allow an expansion plan backed by Democratic Gov. Laura Kelly.

Yahoo News – Latest News & Headlines

On election footing, Australia government extends budget welfare

April 3, 2019 |

On election footing, Australia government extends budget welfarePrime Minister Scott Morrison’s conservative government on Tuesday unveiled a 2019-20 budget ahead of an expected May election it is forecast to lose, promising a voter sweetener of $ 158 billion worth of tax cuts over the next 10 years. Opinion polls suggest the government is facing a heavy defeat at the election, due in May but not yet called, and it is banking on the budget and tax cuts to woo voters. In announcing the extension of the energy rebate, Treasurer Josh Frydenberg said the move would cost about A$ 80 million.

Yahoo News – Latest News & Headlines

U.S. posts largest-ever monthly budget deficit as corporate tax receipts plunge

March 23, 2019 |

The United States posted its biggest monthly budget deficit on record last month, amid a 20% drop in corporate tax revenue and a boost in spending so far this fiscal year.

The budget gap widened to $ 234 billion in February, compared with a fiscal gap of $ 215.2 billion a year earlier. That gap surpassed…

L.A. Times – Business

US Stocks Rise on Budget Deal

February 12, 2019 |

US stocks are closing higher after US lawmakers reached a tentative deal to avoid another costly government shutdown, the AP reports. The deal could alleviate pressure on the market as the US and China begin talks on their trade dispute. Major companies continue to report fourth-quarter earnings. Molson Coors fell…

Italy’s Growth Woes Set to Persist Despite EU Budget Blessing

December 21, 2018 |

Italy’s deal with the European Union to defuse its simmering budget dispute is adding to concerns about the country’s real economic problem: a lack of growth. What’s News Europe

Italy Tries to End Budget Fight With EU as Economy Teeters

December 8, 2018 |

Italy’s populist government is looking for a route out of a fight with the European Union over its budget, as the financial fallout from the clash pushes the economy to the brink of recession. What’s News Europe

Italy’s Big Budget Is Taking a Toll on Business

November 22, 2018 |

Company loans are becoming more costly after the government’s generous spending prompted investors to demand higher risk premiums on Italian bonds, raising banks’ borrowing costs. What’s News Europe

Italy Snubs EU on Budget Plans

November 16, 2018 |

The populist Italian government says proposed fiscal measures are needed to finance costly policies it promised its voters. What’s News Europe

Italy’s Government Passes Draft Budget That Would Widen Deficit

October 17, 2018 |

Italy’s government approved a draft budget law for next year, confirming a set of expansionary measures that could lead to a fast-rising deficit and a conflict with the European Union. What’s News Europe

US Budget Deficit Surges to Highest Level in 6 Years

October 15, 2018 |

The federal budget deficit has surged to $ 779 billion in fiscal 2018, its highest level in six years as President Trump’s tax cuts caused the government to borrow more heavily in order to cover its spending. The Treasury Department said Monday that the deficit climbed $ 113 billion from fiscal 2017,…