When did Republicans stop worrying and learn to love budget deficits? Over the next decade, their tax plan would add at least 1 trillion to the nation... READ MORE›
Sen. Bob Corker, R-Tenn., was the only lawmaker to cross party lines, joining the Democrats in opposition... READ MORE›
It comes after after John McDonnell also refused to answer questions about figures on Labour's borrowing plans because MPs have iPads and advisers for that... READ MORE›
Moody's rates the country's foreign and local currency debt on their lowest investment grade rung of Baa3... READ MORE›
However, in the first seven months of the financial year, the deficit has fallen by 9.6 percent to 38.5 billion pounds, the ONS said... READ MORE›
Britain's official budget forecasters have said they expect to cut their productivity growth forecasts, suggesting slower overall economic growth ahead and less tax revenue for Hammond... READ MORE›
President Trump initially denounced proposals to limit the amount of pre-tax dollars that can be deferred in retirement savings, saying the middle-class benefit must be preserved... READ MORE›
The International Monetary Fund is giving the Trump administration some unsolicited... READ MORE›
The Office for National Statistics ONS also recently made a host of downward revisions to last year's budget deficit, which the OBR said would be beneficial ... READ MORE›
Trump's tax cut proposal calls for wide-ranging changes in the tax code for both companies and individuals... READ MORE›
Nuffield Trust says official ?791m figure does not accurately reflect the scale of financial challenge facing NHS in England... READ MORE›
Libya's daily oil production before the 2011 uprising stood at 1.6 million barrels... READ MORE›
As the world focuses on the race for the White House, China unveiled three major decisions within three minutes of each other on Monday... READ MORE›
If spending is raised to 4 percent that probability rises to about 5 percent... READ MORE›
The local government finance bill, currently in committee stage in the Commons, abolishes the annual local government finance settlement, which is approved by parliament every year... READ MORE›
A multiplier is the expected extra effect of a fiscal policy Spend 1, and you might get 1.60 of economic growth... READ MORE›
It was meant to be a given that a rebound in oil prices would slow the depletion of Saudi Arabia's foreign-currency reserves... READ MORE›
Shadow chancellor calls on government to use autumn statement's 'fiscal headroom' to protect the elderly and the vulnerable... READ MORE›
The man running the world's biggest sovereign wealth fund says there's every indication that global trade is suffering from something more serious than a temporary slowdown... READ MORE›
The Illinois Senate approved a spending plan on May 23, with only Democratic votes, that raised income taxes and expanded the sales tax levy... READ MORE›
The pre-referendum terms have been made tougher, both through the quasi-automatic spending cuts and through the enforced sell-off of Greece's assets... READ MORE›
Proposals would see the basic income support system of subsidies scrapped and farmers being paid out of public funds for environmental services... READ MORE›
In October, Trump claimed his plan would unleash growth of 5 percent or 6 percent... READ MORE›
Far from jolting the U.S. into a protectionist lurch, might President-elect Donald Trump unwittingly help buoy global trade next year?... READ MORE›
Lord Macpherson, the Treasury's permanent secretary from 2005 to 2016, has told The Sunday Telegraph that the money should be spent on other road and rail projects... READ MORE›
The Australian government has struggled to rein in its fiscal shortfall as lower commodity prices have crimped revenues and parliament has stymied savings measures... READ MORE›
The centrist Macron came to power not only on a promise of political renewal, he also promised a raft of tax cuts... READ MORE›
All that changes if housing associations are classified as public bodies... READ MORE›
Some experts are skeptical of plan to finance the 550 billion proposal with private money... READ MORE›
Renan Calheiros, key ally to Brazilian president Michel Temer, becomes latest politician to fall amid widening investigation into corruption... READ MORE›
Economists and fund managers, as well as the Fed's policymakers, are looking to see which issues Trump will prioritize... READ MORE›
Continued economic growth of at least 6.5 percent can be achieved in 2016, and a similar rate is foreseeable until 2020, he said... READ MORE›
Balls also sees no reason to aim ideologically, as Labour sees it for an overall surplus on the public finances... READ MORE›
Embattled Speaker Bronwyn Bishop is being accused of using taxpayers money to attend former Liberal MP Sophie Mirabella's wedding, calling the trip official business... READ MORE›
But Mr Lenihan also ruled out any suggestion of a fiscal stimulus in order to offset the crisis, saying the public finances were out of control ... READ MORE›
Unpopular taxes and public health and housing spending cuts included in plan to close budget deficit that caused downgrade in countrys credit rating last week... READ MORE›
China's current fiscal deficit target is 3 percent of gross domestic product GDP, up from an actual 2.4 percent in 2015... READ MORE›
Their line never changed development money funds corrupt Africans and charity begins at home... READ MORE›
Government spending in the first seven months of the year rose 14.5 percent on year, while revenues increased 10 percent... READ MORE›
Why Trump's Fiscal Plans Might Not Blow Up the Budget... READ MORE›
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