Tag: Budget
U.S. Faces Brief Government Shutdown
U.S. federal agencies face a brief shutdown as Congress prepares for a Monday budget vote.
January 31, 2026
Argentinean Deputies Approve Milei’s Adjustment Budget for 2026
Argentina’s Government managed in the early hours of this Thursday to give half sanction of Deputies to the Budget 2026, which would be the first Budget of the Milei Government, since during the last two years it resorted to extensions of the plan of expenses and revenues of 2023. President Javier Milei’s administration secured parliamentary […]
December 18, 2025
French Assembly Approves 2026 Social Security Budget Bill
Social security represents more than 40% of France’s overall public sector spending. On Tuesday, the French National Assembly approved the 2026 social security budget bill, with 247 votes in favor and 234 against. RELATED: Macron Reinstates Voluntary Military Service for Young Adults in France The social security budget comprises two main components: revenues and expenditures. […]
December 10, 2025
Germany to Boost Defense Spending by 32.5% in 2026
The budget increase will allow the armed forces to expand by up to 10,000 additional soldiers next year. On Wednesday, Vice Chancellor and Finance Minister Lars Klingbeil presented a draft budget under which Germany will increase its defense spending by 32.5% in 2026, rising from 62.4 billion euros to 82.7 billion euros. RELATED: Germany Hardens […]
July 30, 2025
Sudanese Refugees Face Aid Collapse as UNHCR Cuts $1.4 Billion in Global Assistance
Refugees fleeing Sudan’s escalating conflict are facing a deepening humanitarian crisis as the UN Refugee Agency (UNHCR) slashes $1.4 billion in aid due to a global funding shortfall. At the Sudan-Chad border, more than 60% of newly arrived refugees—many from Darfur—are receiving no shelter, according to UNHCR’s Dominique Hyde, who described the situation as “tragic […]
July 21, 2025
The U.S. House Cuts Funding for Low-Income People Programs
President Trump’s ‘One, Big, Beautiful Bill Act’ was approved with 215 votes in favor and 214 against. On Thursday, the U.S. House of Representatives has narrowly passed a large-scale tax and spending bill, which have drawn strong outcry from observers and the public for what they say will be heightening the already record-high national debt, […]
May 25, 2025
U.S. Judge Blocks Freeze on Financial Assistance
President Trump’s decision will impact health care research, food assistance, and funding for veterans and disability organizations. On Tuesday, Judge Loren AliKhan of the U.S. District Court for the District of Columbia blocked the Donald Trump administration’s planned freeze on federal grants, loans and other financial assistance. She paused the plan for a week and […]
January 29, 2025
US Government Prepares for Partial Shutdown
Since 1976, the U.S. government has run out of funds about 20 times, though most shutdowns have lasted only a day. The United States is once again facing the possibility of a partial government shutdown starting at midnight on Friday and lasting through Saturday if Congress does not reach an agreement to extend funding before […]
December 20, 2024
US Skyrocketing Military Spending Upsets World
A recently released report showed that defense spending by the United States — the world’s largest military spender — accounted for nearly 40 percent of world’s total military expenditures in 2023. RELATED: NATO Drills Near Russian Border Increase Risks of Conflict In the latest move of aggressive U.S. military spending, President Joe Biden signed a […]
April 29, 2024
Republicans and Democrats Agree to Avoid Government Shutdown
On Tuesday, leaders from both the Democratic and Republican parties in the U.S. Congress announced an agreement to fund the government for the remainder of fiscal year 2024. RELATED: US Supreme Court Rules Trump Can Remain on Colorado Ballot Republican House Speaker Mike Johnson and Democratic Senate Majority Leader Chuck Schumer disclosed the agreement, which […]