Tag: spending
Can Europe’s New Military Spending Help Its Economies?
Germany’s Politics The continent’s leaders hope a surge of investment, to fill a security void left by the United States, can ignite growth. It won’t be easy. By Jim TankersleyJeanna Smialek and Melissa Eddy Reporting from Berlin and Brussels From Brussels to Berlin, leaders across Europe are getting ready to spend hundreds of billions to…
German lawmakers approve huge defense and infrastructure spending
By The Associated Press BERLIN — Germany’s would-be next chancellor, Friedrich Merz, won lawmakers’ approval Tuesday for ambitious plans to loosen the nation’s strict debt rules for higher defense spending as doubts mount about the strength of the trans-Atlantic alliance, and to set up an enormous fund for investment in its creaking infrastructure. Merz passed…
Chancellor Rachel Reeves insists changes to welfare spending needed
Rachel Reeves has insisted on the need to “get a grip” on the welfare bill, saying the system is not working for the taxpayer or recipients. The chancellor’s comments come amid concerns from Labour MPs about the impact of expected cuts to the welfare budget, as the government attempts to ease worries among backbench MPs.…
The NHS is spending a fortune giving people a death they don’t want
The UK was once ranked the best country in the world for end-of-life care – but that’s not the case any longer. And according to experts, the problem runs far deeper than money The people closest to Terry Leader remember him as a man who was always laughing. He emigrated to the UK from the…
Treasury earmarks billions in spending cuts
The Treasury has earmarked several billion pounds in draft spending cuts to welfare and other government departments amid expectations the chancellor’s room for manoeuvre has all but been wiped out. The department will put the proposed cuts to the Office of Budget Responsibility (OBR), the official forecaster, on Wednesday ahead of the Spring Statement later…
Starmer cuts aid to fund increase in defence spending
Prime Minister Sir Keir Starmer has set out plans to increase defence spending to 2.5% of national income by 2027, as peace talks to end the war in Ukraine gather pace. The PM said he would cut the UK’s international aid budget to fund the rise in defence spending, which is currently 2.3% of GDP.…
Trump Spending Freeze on Rural Electric Co-ops Could Raise Energy Costs
Trump Spending Freeze on Rural Electric Co-ops Could Raise Energy Costs Billions of dollars for rural electric cooperatives are stuck in limbo as the Department of Agriculture continues the Trump administration’s funding freeze, despite federal court orders By Adam Aton & E&E News Electric co-ops have seen their funding frozen as the Trump administration halts…
Elon Musk Can Find His $2-Trillion Federal Spending Cut in Nuclear Weapons
Opinion ArgonautWednesdays Elon Musk Can Find His $2-Trillion Federal Spending Cut in Nuclear Weapons DOGE’s Elon Musk should turn his $2-trillion hatchet to wasteful and perilous U.S. nuclear weapons modernization plans By Dan Vergano edited by Jeanna Bryner Keep in touch with the Argonaut: Get email alerts for this weekly column by Dan Vergano Famously…
Trump EPA Spending Freeze Continues despite Court Orders
Trump EPA Spending Freeze Continues despite Court Orders Two judges have ordered the Trump administration to lift a freeze on spending, including at the Environmental Protection Agency. But nonprofits and states still can’t get money for contracts that are backed by the Inflation Reduction Act By Jean Chemnick & E&E News Grid Alternatives employees hoist…
Trump aid spending freeze halts leading malaria vaccine programme
Global collaboration with US researchers likely to be set back by years, including on spread of drug-resistant HIV A flagship programme to create malaria vaccines has been halted by the Trump administration, in just one example of a rippling disruption to health research around the globe since the new US president took power. The USAid…
A 2nd U.S. judge says Trump administration must pause its federal spending freeze
By NPR Washington Desk A judge with the U.S. District Court for the District of Rhode Island has issued a temporary restraining order blocking the Trump administration’s efforts to freeze payments for grants and other programs. The Friday ruling stems from a lawsuit filed earlier this week by Democratic attorneys general in 22 states and…