#budget-review

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SF politics
fromPOLITICO
1 day ago

'Paradigm shift:' How Trump's budget request will keep everyone guessing

The Supreme Court's decision on pocket rescissions could significantly impact budget negotiations and the power of the Office of Management and Budget.
Washington DC
fromTruthout
23 hours ago

Trump Budget Boosts War Spending While Slashing Domestic Programs

The Trump administration's fiscal 2027 budget requests a 43% increase in defense spending and a 10% decrease in non-defense funding.
#federal-reserve
Left-wing politics
fromHarvard Gazette
3 days ago

Powell issues a warning on U.S. debt - Harvard Gazette

Federal Reserve Chairman Jerome Powell emphasizes a cautious approach to economic impacts from the Iran war while maintaining a commitment to a 2% inflation target.
World politics
fromFortune
5 days ago

Jerome Powell says $39 trillion national debt is 'not unsustainable,' but warns the trajectory 'will not end well' | Fortune

America's $39 trillion debt is manageable short-term, but its growth trajectory is unsustainable and requires urgent legislative action.
Left-wing politics
fromHarvard Gazette
3 days ago

Powell issues a warning on U.S. debt - Harvard Gazette

Federal Reserve Chairman Jerome Powell emphasizes a cautious approach to economic impacts from the Iran war while maintaining a commitment to a 2% inflation target.
World politics
fromFortune
5 days ago

Jerome Powell says $39 trillion national debt is 'not unsustainable,' but warns the trajectory 'will not end well' | Fortune

America's $39 trillion debt is manageable short-term, but its growth trajectory is unsustainable and requires urgent legislative action.
Law
from24/7 Wall St.
2 days ago

Dave Ramsey Tells Tutor With $24,000 IRS Debt to Pay the Government First in Her $94,000 Debt Snowball

Prioritize IRS debt over other debts due to its unique enforcement powers and penalties.
Psychology
from24/7 Wall St.
2 days ago

Dave Ramsey Is Right About Why Americans Are Spending More and Feeling Worse

Emotional spending leads to financial problems, as people seek fulfillment through material possessions rather than saving.
#new-york-city
fromwww.amny.com
2 weeks ago
New York City

NYC BUDGET: Another rating company issues negative financial outlook as City Hall grapples with big deficit | amNewYork

New York City
fromwww.amny.com
3 days ago

Op-ed | A responsible path forward for New York City's budget | amNewYork

New York City's budget process is a complex negotiation that impacts community investment and addresses fiscal challenges.
New York City
fromNew York Daily News
4 days ago

NYC Council budget plan averts Mamdani property tax hike, avoids tapping reserves

The City Council plans to close New York's budget gap without tax hikes or using reserves, proposing alternative funding sources instead.
New York City
fromwww.amny.com
2 weeks ago

NYC BUDGET: Another rating company issues negative financial outlook as City Hall grapples with big deficit | amNewYork

New York City's financial outlook was revised to negative by KBRA, following similar actions by Moody's and S&P, due to budget concerns.
East Bay (California)
fromThe Oaklandside
2 days ago

Oakland made a big financial mistake failing to collect business taxes, audit finds

Oakland failed to collect owed business taxes, exacerbating financial crises and limiting revenue needed for essential services.
Boston
fromBoston.com
3 days ago

Boston faces budget deficit of nearly $50 million

Boston faces a $48.4 million budget deficit due to external cost pressures, prompting spending freezes and hiring delays.
from24/7 Wall St.
3 days ago

The US Government Could End The Federal Gas Tax

The tax provides more than $23 billion per year in revenue for federal highway and public transit programs. The federal gas tax has been in place, in one way or another, since 1919 and was last raised in 1993.
Alternative transportation
Careers
fromFast Company
3 days ago

The hidden budget line destroying your bottom line

High employee turnover costs companies between $1.1 million and $4.4 million annually due to poor hiring decisions.
Right-wing politics
fromEsquire
4 days ago

Republicans Have Come up With the Worst Budgeting Idea Possibly Ever

Republicans are considering health spending cuts to fund a budget bill for the Iran war and immigration enforcement, risking political backlash.
#san-francisco
San Francisco
fromMission Local
4 days ago

S.F. on track to shrink deficit by $300M, city controller says

San Francisco's projected budget deficit has decreased from $936 million to $643 million, but significant cuts and challenges remain ahead.
SF politics
from48 hills
3 days ago

SF budget picture improves as mayor tries to cut the tax that is part of the recovery - 48 hills

San Francisco's financial outlook is improving, driven by increased tax revenues, particularly from high-end real estate transactions.
San Francisco
fromMission Local
4 days ago

S.F. on track to shrink deficit by $300M, city controller says

San Francisco's projected budget deficit has decreased from $936 million to $643 million, but significant cuts and challenges remain ahead.
SF politics
from48 hills
3 days ago

SF budget picture improves as mayor tries to cut the tax that is part of the recovery - 48 hills

San Francisco's financial outlook is improving, driven by increased tax revenues, particularly from high-end real estate transactions.
NYC politics
fromGothamist
4 days ago

Gov. Hochul, lawmakers to miss NY budget deadline yet again

New York's state budget will be late again, marking the seventh consecutive year without an on-time budget.
Business
from24/7 Wall St.
5 days ago

Fed Chair Powell Warns: Another Supply Shock Is Coming

Jerome Powell warns of an impending energy shock that could impact inflation and market stability.
Washington DC
fromNextgov.com
1 day ago

Civilian agencies face 10% cuts in Trump's 2027 budget

President Trump proposed a $2.2 trillion fiscal 2027 budget with increased defense spending and cuts to non-defense agencies.
Digital life
fromPsychology Today
1 week ago

Holding Money vs. Seeing the Numbers

Many Americans feel anxious about financial security despite positive bank balances due to a disconnect between digital money and tangible assets.
SF politics
fromNextgov.com
1 day ago

Trump's FY27 budget makes both boosts and cuts to tech operations

The FY27 budget proposal significantly cuts funding for cybersecurity, reflecting ongoing efforts to reduce the Cybersecurity and Infrastructure Security Agency's resources.
US politics
fromFortune
1 week ago

The Treasury just declared the U.S. insolvent. The media missed it | Fortune

The U.S. government is insolvent, with liabilities far exceeding assets and significant unfunded obligations.
Retirement
fromwww.housingwire.com
5 days ago

Policy turmoil, fiscal uncertainty cause retirement hesitation

Policy uncertainty significantly impacts economic activity and household financial decisions, particularly for near-retirees and retirees.
US politics
fromAxios
2 weeks ago

Washington ignores America's fiscal cliff

Recent policy developments are worsening the U.S. fiscal situation, with projected deficits and soaring public debt over the next decade.
Real estate
fromwww.housingwire.com
2 weeks ago

Housing muni market swells amid affordability policy debate

Municipal bonds have become a critical financing tool for affordable housing, growing 198% since 2016 and now representing 7% of the $4.4 trillion municipal bond market.
Business
fromFortune
2 weeks ago

A 'debt spiral,' before a fiscal crisis: interest on the national debt will be growing faster than GDP in just 5 years, think tank warns | Fortune

By 2031, U.S. federal debt interest rates will exceed economic growth rates, triggering a self-reinforcing debt spiral where deficits cause debt to grow indefinitely.
New York City
fromwww.amny.com
1 week ago

NYC BUDGET: City Hall approves first round of savings after Mamdani told agencies to tighten belts | amNewYork

Mayor Zohran Mamdani's administration identified over $1.7 billion in savings to address NYC's budget gap through various efficiency measures.
#ontario-budget
Canada news
fromwww.cbc.ca
3 weeks ago

Ford government set to deliver Ontario's latest budget on March 26 | CBC News

Ontario's March 26 budget will prioritize innovation, competitiveness, and infrastructure while maintaining fiscal balance amid a projected $13.4 billion deficit.
fromwww.cbc.ca
1 month ago
Canada news

Ontario aiming for balanced budget by 2027. But province's financial watchdog predicts target won't be hit | CBC News

Canada news
fromwww.cbc.ca
3 weeks ago

Ford government set to deliver Ontario's latest budget on March 26 | CBC News

Ontario's March 26 budget will prioritize innovation, competitiveness, and infrastructure while maintaining fiscal balance amid a projected $13.4 billion deficit.
fromwww.cbc.ca
1 month ago
Canada news

Ontario aiming for balanced budget by 2027. But province's financial watchdog predicts target won't be hit | CBC News

Bootstrapping
fromEntrepreneur
3 weeks ago

Why Chasing More Revenue Won't Fix Your Financial Struggles

Pursuing revenue growth without stabilizing internal systems, costs, and processes amplifies inefficiencies and creates fragile, unsustainable businesses instead of profitable ones.
US politics
fromFortune
2 weeks ago

The Trump Administration's proposed capital gains tax cut could add nearly $1 trillion to the national debt within the decade, think tank warns | Fortune

The Trump Administration is considering capital gains tax indexation that could add $170-$950 billion to the national debt by 2035, raising concerns about deficit spending amid record debt levels.
NYC politics
fromGothamist
3 weeks ago

7 things to watch as New York's budget battle heats up

New York's state Assembly and Senate passed competing budget resolutions against Governor Hochul's $263 billion plan, with major disagreements over taxes and spending priorities before the March 31 fiscal year deadline.
fromTheregister
4 weeks ago

UK Treasury unsure about joining 1.7B program it is funding

In principle, all the departments are supportive of the Shared Services Strategy. However, HM Treasury and the Department for Education (DfE), who currently have modern ERPs and are both in the Matrix cluster, have indicated they would welcome more information through the business case about likely costs for them before they assess that onboarding is feasible and value for money.
UK politics
fromFortune
3 weeks ago

Trump's economy was already exploding the national debt before his $1 billion-a-day war in Iran. Analysts warn about what's next | Fortune

Operation Epic Fury is racking up a staggering military bill. According to the Center for Strategic and International Studies, a DC think tank, the military campaign is costing approximately $891.4 million every single day. The first 100 hours of the conflict alone consumed $3.7 billion, CIS added in a report on the costs of the fighting, as reported by CNN.
World politics
#national-debt
US politics
fromFortune
2 weeks ago

$39 trillion national debt is 'an embarrassing milestone,' think tank says. 'Clearly headed in the wrong direction' | Fortune

U.S. gross national debt exceeded $39 trillion in less than six months after reaching $38 trillion, reflecting decades of fiscal irresponsibility from both political parties with no meaningful reform efforts underway.
fromFortune
3 weeks ago
US politics

The national debt isn't $39 trillion. One economist says it's actually $100 trillion | Fortune

US politics
fromFortune
2 weeks ago

$39 trillion national debt is 'an embarrassing milestone,' think tank says. 'Clearly headed in the wrong direction' | Fortune

U.S. gross national debt exceeded $39 trillion in less than six months after reaching $38 trillion, reflecting decades of fiscal irresponsibility from both political parties with no meaningful reform efforts underway.
fromFortune
3 weeks ago
US politics

The national debt isn't $39 trillion. One economist says it's actually $100 trillion | Fortune

Intellectual property law
fromFortune
1 month ago

Finance leaders divided on using potential tariff refunds-just 18% would fully roll back price hikes | Fortune

Corporate executives remain divided on tariff refund strategies and are reluctant to reduce prices despite potential cost relief from Supreme Court rulings.
fromLondon Business News | Londonlovesbusiness.com
4 weeks ago

Reeves' Spring Statement meets harsh reality check - London Business News | Londonlovesbusiness.com

Rachel Reeves told MPs that living standards are expected to improve over the course of this parliament. Her central claim was that households would be around £1,000 a year better off by the time voters next go to the polls. The projection is based on forecasts for real household disposable income - a measure that tracks the amount people have left after tax and inflation.
UK politics
#national-debt-crisis
SF politics
fromFortune
2 weeks ago

America's $38 trillion debt crisis is already here. The reckoning comes next | Fortune

Despite strong economic indicators, the U.S. faces a critical fiscal crisis with national debt projected to reach 120% of GDP within a decade, requiring urgent bipartisan reform before gradual decline becomes sudden collapse.
US politics
fromFortune
3 weeks ago

America's never had such high national debt heading into an economic shock. We need a 'break glass' plan, think tank warns | Fortune

U.S. national debt now equals 100% of GDP, the highest since World War II, leaving the country severely unprepared for the next economic crisis with limited fiscal capacity to respond.
SF politics
fromFortune
2 weeks ago

America's $38 trillion debt crisis is already here. The reckoning comes next | Fortune

Despite strong economic indicators, the U.S. faces a critical fiscal crisis with national debt projected to reach 120% of GDP within a decade, requiring urgent bipartisan reform before gradual decline becomes sudden collapse.
US politics
fromFortune
3 weeks ago

America's never had such high national debt heading into an economic shock. We need a 'break glass' plan, think tank warns | Fortune

U.S. national debt now equals 100% of GDP, the highest since World War II, leaving the country severely unprepared for the next economic crisis with limited fiscal capacity to respond.
SF politics
fromLos Angeles Times
2 weeks ago

Eliminating a corporate tax break is pitched as a way to make up for federal healthcare cuts

California lawmakers propose repealing a tax break allowing multinational corporations to exclude foreign subsidiary income from state taxation, potentially generating billions in annual revenue.
New York City
fromwww.amny.com
2 weeks ago

Editorial | NYC spends too much money. It's time to get things under control. | amNewYork

New York City faces a $7.3 billion budget deficit over two fiscal years due to chronic overspending relative to revenue, with structural imbalances threatening municipal bond ratings.
fromwww.aljazeera.com
1 month ago

When money is scarce, every choice counts: Bank, cash, or credit?

I have not touched a paper note for months. I don't even have money to pay for a taxi. Now we walk a lot, for long distances. Palestinians in Gaza use the Israeli currency, the shekel, in their daily transactions, and depend on Israel to supply banks with new banknotes and coins.
World news
Public health
fromFortune
1 month ago

Come 2030, the U.S. deficit will be worth 5.9% of GDP-more than the outlays for social security, and equal to spending on major health programs | Fortune

The U.S. faces escalating healthcare and social security costs driven by an aging population, with deficits projected to reach 6.9% of GDP by 2040, far exceeding sustainable levels.
#uk-fiscal-policy
UK politics
fromLondon Business News | Londonlovesbusiness.com
1 month ago

Fiscal drag caused by the freezing of personal allowances impacting people's finances - London Business News | Londonlovesbusiness.com

Chancellor Rachel Reeves' policies raise concerns about cost of living impacts despite claims of £1,000 annual improvement, with frozen tax thresholds until 2030 potentially offsetting gains.
#federal-deficit
fromFortune
3 weeks ago
US politics

The U.S. borrowed $50 billion a week for the past five months, finds the CBO: 'Our fiscal problems will not solve themselves' | Fortune

fromFortune
3 weeks ago
US politics

The U.S. borrowed $50 billion a week for the past five months, finds the CBO: 'Our fiscal problems will not solve themselves' | Fortune

UK politics
fromLondon Business News | Londonlovesbusiness.com
1 month ago

There is 'little sign that the government's economic plan is working' - London Business News | Londonlovesbusiness.com

The government's economic plan shows deteriorating growth forecasts and rising unemployment, with energy price surges threatening interest rates and fiscal targets despite marginal improvements in fiscal headroom.
fromwww.theguardian.com
1 month ago

Boring or bust: Reeves aims to project calm competence in spring budget

Like [Keir] Starmer, the chancellor is also fighting for her political life whether because the prime minister himself falls, or chooses to move his chancellor in a reset reshuffle. Against that backdrop, Reeves hopes to project calm and competence next week, after a tumultuous 18 months.
UK politics
SF politics
fromFortune
1 month ago

Nationwide voter revolt over property taxes collides with reality that every other revenue source has been slashed already | Fortune

Multiple states are pursuing property tax cuts during election years, facing resistance over impacts on local government and school funding, reminiscent of California's 1978 Proposition 13.
Major League Baseball
fromTalkNats.com
1 month ago

It's all about the money..... and the lack thereof! | TalkNats.com

MLB's revenue-sharing model and absence of a salary cap produce low profitability, encourage cost-minimizing ownership, and require CBA reforms for competitive balance.
UK politics
fromwww.theguardian.com
1 month ago

OBR a backseat driver with out-of-date maps, thinktanks tell Rachel Reeves

Thinktanks urge Chancellor Rachel Reeves to reform the Office for Budget Responsibility to enable increased public investment and reduce short-termist policy decisions.
Growth hacking
fromEntrepreneur
2 months ago

These 6 Budgeting Moves Matter Most in 2026

Flexible, living budgets and rapid micro-tests let founders reallocate spending, seize growth amid uncertainty, and favor focused offers and retention over rigid, large-scale bets.
US politics
fromFortune
1 month ago

Why Ray Dalio, Scott Bessent and others are rallying around a '3% solution' to the national debt | Fortune

Bipartisan consensus is emerging around reducing the federal deficit to 3% of GDP, marking a significant shift in national fiscal policy debate.
#california-budget
#budgeting
Real estate
fromwww.housingwire.com
1 month ago

The Inflation You Can't Budget Around: Why Housing Search Must Move From Price to Monthly Payment

Make monthly mortgage or rent payment the primary home-search metric because purchase price no longer reliably indicates household affordability.
fromIndependent
2 months ago

Switch and save: How a 'life admin day' can save you hundreds or even thousands of euros

Setting aside a designated day to switch utility providers will pay dividends in the long run
E-Commerce
Germany news
fromThe Local Germany
2 months ago

German public spending rose slower than hoped in 2025

German public investment rose in 2025 but fell short of budgeted targets despite defence and infrastructure outlays, prompting vows to accelerate spending.
Philosophy
fromFast Company
1 month ago

Are you morally obligated to pay taxes?

Obeying laws and paying taxes is morally justified by civic duty, tacit consent, prevention of social harm, and benefits received from legal order.
from48 hills
1 month ago

The real story behind Muni's budget deficit - 48 hills

Despite some idealistic intentions, that framework is in fact what put Muni in the financial hole in the first place. Working from a scarcity mindset, namely trying to preserve an already pilfered service, is a losing battle. To guarantee the service that citizens and workers expect from a city like San Francisco requires a committed vision of the future, one that centers Muni as the public good that it is.
SF politics
fromThe Motley Fool
1 month ago

This Potentially Lucrative Tax Break May Be Off the Table for You This Year | The Motley Fool

Most of us would like to pay the IRS as little money as possible each year. And that's where tax credits and deductions come in. A tax credit is a dollar-for-dollar reduction of your tax liability, while a tax deduction allows you to exempt a portion of your income from taxes. If you're in a high tax bracket, claiming the right deductions could result in a huge amount of savings.
Business
Real estate
fromwww.mercurynews.com
2 months ago

Asking Eric: I'm afraid I'm on the verge of another bad financial decision

Consult a financial adviser, involve family, and evaluate housing near care to choose a reversible retirement location that fits health, budget, and social needs.
US politics
fromFortune
1 month ago

The 'alternative scenario' of an even bigger national debt disaster is in play after the Supreme Court ruled Trump's tariffs illegal | Fortune

Supreme Court invalidated major Trump tariffs, removing tariff revenues and potentially raising federal deficits and national debt toward 131% of GDP by 2036.
UK politics
fromwww.bbc.com
1 month ago

Reform plans to keep UK's budget watchdog

Reform UK will retain the Office for Budget Responsibility, reform it rather than abolish it, and commit to maintaining Bank of England independence.
UK politics
fromwww.bbc.com
2 months ago

Tax and spending plans to be revealed in Scottish Budget

Scotland's 2026-27 Budget requires tough choices to balance funding, prioritize NHS and public services, and address cost of living, economy, and climate within limited resources.
US politics
fromFortune
1 month ago

'Nothing short of self-sabotage': Watchdog warns about national debt setting new record in just 4 years | Fortune

U.S. national debt will rise to 120% of GDP by 2030, surpassing the World War II peak and severely constraining fiscal flexibility.
UK politics
fromTheregister
1 month ago

The UK government isn't spending much taxpayer cash on X

Most UK government departments ceased paid spending on X since July 2024, while the Department for Education spent £27,118.
UK politics
fromwww.theguardian.com
2 months ago

Scottish budget: SNP government cuts taxes for lowest earners

Scottish government raised income-tax thresholds modestly, cutting taxes mainly for low earners while using reserves, spending cuts, and borrowing to fund election pledges.
US politics
fromwww.aljazeera.com
1 month ago

CBO: US Federal deficits and debt to worsen over next decade

U.S. federal deficits and debt are projected to rise substantially over the next decade due to increased spending, higher debt service, tariffs, and immigration policies.
fromwww.bbc.com
1 month ago

County council facing 'effective bankruptcy'

"If we don't get what we need [in terms of extra government help] then a Section 114 Notice will come in, which is effective bankruptcy. We'd then get administrators come in, in effect - they'd then make a plan for where the money gets spent in Worcestershire. It would be a catastrophe. We're going to have to halt projects that were put into the budget by the previous administration, things that maybe were 'nice to have', but we can't afford them."
UK politics
US politics
fromFortune
1 month ago

A U.S. 'debt spiral' could start in coming years when the interest rate on government borrowing exceeds economic growth, budget watchdog says | Fortune

Publicly held federal debt will rise from about 100% of GDP to over 106% by 2030 and 120% by 2036, driven by rising interest costs.
US politics
fromwww.mercurynews.com
1 month ago

Federal budget cuts lead this East Bay county to consider a new tax to fill the gaps

Contra Costa County may seek a 0.625% sales tax increase to raise ~$150 million annually to reduce budget shortfalls and preserve health services.
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