Illinois Governor Redirects Gambling Revenue in Budget Move
Governor JB Pritzker proposes redirecting millions in gambling taxes to plug budget gaps, drawing criticism over funding priorities and social responsibility.
Category : Search result: government budget
Labour's Pension Tax Raid: Budget Threatens Retirement Plans
Rachel Reeves's first budget could target pension tax relief in major revenue-raising move, potentially ending 25% tax-free lump sums for millions of UK workers.
Labour unveils new taxes on wealthy in emergency budget
In a dramatic emergency budget, Chancellor Rachel Reeves has announced sweeping new taxes targeting Britain's wealthiest citizens while blaming Brexit and Conservative policies for the nation's economic crisis.
Reeves gives OBR veto power over budgets
Shadow Chancellor pledges to give Office for Budget Responsibility unprecedented veto power over major tax and spending decisions, learning from Truss's disastrous mini-budget.
IFS warns Reeves against rushed tax reforms
The Institute for Fiscal Studies cautions Chancellor Rachel Reeves against implementing 'half-baked' revenue-raising measures that could harm the economy and undermine business confidence.
IFS warns Labour of severe economic constraints in government
Leading economic think tank warns Rachel Reeves faces 'iron chancellor' reality with limited fiscal flexibility, challenging Labour's spending ambitions ahead of potential government.
Two-Child Benefit Cap Under Review in Labour Budget
Exclusive: Cabinet minister signals potential end to controversial two-child benefit limit while Labour prepares massive tax hikes targeting Britain's wealthiest in autumn budget showdown.
Stamp Duty Abolition: Property Tax Shake-Up
In a dramatic overhaul of Britain's property market, Chancellor Rachel Reeves is preparing to abolish stamp duty land tax, delivering on Labour's manifesto pledge to stimulate economic growth and ease the burden on homebuyers.
Trump vows troops paid first in shutdown crisis
Former President Donald Trump vows to protect military pay as government shutdown looms, promising troops will be prioritised in budget standoff.
US Government Shutdown Looms in Political Standoff
With just days remaining until funding expires, Republicans and Democrats remain locked in a bitter standoff over government spending, risking the first federal shutdown in years and threatening widespread disruption across America.
Reeves challenges OBR authority in economic power play
Labour Chancellor Rachel Reeves launches bold bid to reshape UK economic oversight, seeking to reduce the Office for Budget Responsibility's influence over fiscal policy in dramatic Whitehall shake-up.
Johnson's shutdown gamble sparks Republican rebellion
US House Speaker Mike Johnson faces conservative revolt over his temporary funding bill, risking government shutdown just days before deadline. Political showdown exposes deep Republican divisions.
US Government Shutdown Threatens Federal Workers' Pay
Hundreds of thousands of American federal employees could see delayed or reduced paychecks as Congress races against time to avert a catastrophic government shutdown.
Tory Aid Cuts Slash Support for World's Poorest Nations
Exclusive investigation reveals how Conservative government aid reductions are devastating vulnerable communities across Africa while ministers face accusations of misleading Parliament.
Reeves: Treasury has 'no money' left for Labour government
Chancellor Rachel Reeves reveals Treasury discovered 'no money' left as Labour prepares emergency budget to stabilise UK economy and deliver growth plan.
Reeves: No Money for Public Sector Pay Rises
Chancellor Rachel Reeves declares no money for public sector pay rises in upcoming budget, setting stage for potential confrontation with unions as she blames previous Tory government for empty coffers.
Reeves announces tax rises in first Labour budget
Chancellor Rachel Reeves announces sweeping tax reforms in her debut budget, targeting private schools, non-doms and private equity in bid to rebuild Britain's economy.
VAT error gives Reeves £3bn budget windfall
Chancellor Rachel Reeves discovers unexpected £3bn for autumn budget after officials correct significant VAT calculation error, providing relief amid spending pressures.
Trump backs government shutdown in border policy fight
Former President Donald Trump urges Republicans to force government shutdown over border policies, while Democrats remain united against spending bill demands. Political stalemate threatens essential services.
Trump's Government Shutdown Crisis: White House Meeting
Exclusive insight into the high-stakes White House meeting where Donald Trump confronted Republican leaders over the looming government shutdown crisis.
UK Government in Irish Budget Leak Scandal
Westminster officials accused of sharing confidential Irish budget documents, sparking major cross-border controversy and straining UK-Ireland relations.
Kent Council declares financial emergency amid budget crisis
Kent County Council faces financial meltdown, proposing unprecedented council tax hikes and sweeping service cuts to avoid effective bankruptcy. Local residents brace for impact as authority warns of 'difficult decisions' ahead.
Government shutdown Day 7: Trump-Democrat deadlock continues
The US government shutdown continues into its seventh day with no resolution in sight as former President Donald Trump urges Republicans to hold firm against Democratic spending demands, creating political gridlock in Washington.
US Government Shutdown Averted in Last-Minute Deal
The US Congress has narrowly avoided a complete government shutdown after passing a last-minute funding package, though key divisions remain unresolved in the ongoing budget battle.
US government shutdown threat as funding deadline approaches
The US Congress faces another government shutdown crisis as House Speaker Mike Johnson and Democratic leaders clash over spending bills with just days remaining to reach a deal.
Reeves' £2bn bank tax and planning revolution in Budget
Rachel Reeves announces sweeping planning reforms and major bank tax in emergency Budget measures to fill Treasury black hole and kickstart economic growth.
Trump urges government shutdown, risking federal worker pay
Former President Donald Trump urges Republican lawmakers to force a government shutdown unless his demands are met, risking pay suspensions for millions of federal workers and military personnel.
AOC: Trump shutdown could cause children's deaths
Alexandria Ocasio-Cortez makes explosive claim that Donald Trump's potential government shutdown could lead to child fatalities, igniting fierce political debate.
BBC defends World Service cuts for defence budget
BBC executives face scrutiny as they justify redirecting World Service funding to defence priorities, raising concerns about Britain's global voice and diplomatic influence.
Reeves: £30bn asylum black hole in Budget
Chancellor Rachel Reeves exposes massive financial shortfall in asylum system, revealing £6.2 billion annual costs and warning of tough spending decisions ahead.
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