Lost tax revenue fuels concerns over an urban ‘doom loop.’
Category: Budgets and Budgeting
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Britain Is Cutting Taxes Again. Why Now?
The government announced a budget as a national election looms. Here’s what you need to know.
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Britain Is Cutting Taxes Again. Why Now?
The government announced a budget as a national election looms. Here’s what you need to know.
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U.K. to Cut Taxes Again as Election Nears
The Conservative government, trailing badly in the polls, proposed the second tax cut in four months.
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Paid Family Caregivers in Indiana Face Steep Cutbacks
Now that federal pandemic-era funds are shrinking, states like Indiana are ending or curtailing programs that finance home care by relatives of seriously ill children and adults.
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Unemployment Casts a Shadow Over California’s Economy
Tech layoffs, fallout from Hollywood strikes and an uptick in rural joblessness challenge a state with one of the nation’s highest unemployment rates.
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France Will Cut Spending as It Sees a Weaker Economy Ahead
War, high interest rates and slowdowns in major trade partners are trimming tax revenue and forcing the government in Paris to scale back.
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France Will Cut Spending as It Sees a Weaker Economy Ahead
War, high interest rates and slowdowns in major trade partners are trimming tax revenue and forcing the government in Paris to scale back.
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U.S. Awards $1.5 Billion to Chipmaker GlobalFoundries
The grant will go toward chips for the auto and defense industries, and is the largest award to date from $39 billion in government funding.
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Proposal to Reduce Royal Mail Deliveries in U.K. Draws Ire
Letter volumes have halved since 2011. Without significant changes, the beleaguered Royal Mail services will become “out of date,” according to a report.
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WIC Food Assistance for Mothers and Children Faces Funding Shortfall
The Agriculture Department has warned that millions of eligible pregnant and postpartum women and their children could risk missing out on nutrition assistance if Congress does not increase funding.
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Germany Reaches a Budget With Promises on Ukraine
The government avoided extra borrowing for 2024, but must make cuts in programs to address climate change.