[ad_1] U.K. public-sector borrowing grew on year in October, an indication that finance chief Jeremy Hunt will find little fiscal headroom to pass tax cuts in Wednesday’s autumn budget statement.…
Tag: Budget Figures
Speaker Mike Johnson Faces Big Test in Averting Government Shutdown
[ad_1] Updated Nov. 14, 2023 8:14 am ET WASHINGTON—House Speaker Mike Johnson (R., La.) is headed into a major test on Tuesday with a possible vote on his proposal temporarily…
The Federal Deficit Is Even Bigger Than It Looks
[ad_1] Student-debt cancellation complicates the numbers as higher interest rates make borrowing costlier. [ad_2] Source link
SEC Brings in $218 Million in a Day but Still Faces Shutdown
[ad_1] The agency pushes out enforcement actions to end its fiscal year but can’t keep fine money for its own budget. [ad_2] Source link
Do Higher Deficits Cause Inflation? Not This Year
[ad_1] The gap between federal spending and revenue is widening, but not for reasons that stimulate the economy. [ad_2] Source link
Japan Looks to Boost Defense Budget by 13% and Add New Missiles
[ad_1] China tensions loom over $53 billion plan, which raises funds for long-neglected maintenance. [ad_2] Source link
Australian Treasurer Confirms 2022-23 Budget Surplus Bigger Than Forecast
[ad_1] Australian Treasurer Jim Chalmers confirmed the government’s forecast budget surplus in the year to June 30, the first in 15 years, will be much bigger than that predicted in…
U.K. Economy Expected to Avoid Recession, Government Says
[ad_1] World Europe U.K. Budget watchdog says the economy will shrink this year but avoid a technical recession [ad_2] Source link