Tag: Budget
U.S. Judge Blocks Freeze on Financial Assistance
President Trump’s decision will impact health care research, food assistance, and funding for veterans and disability organizations. On Tuesday, Judge Loren AliKhan of the U.S. District Court for the District of Columbia blocked the Donald Trump administration’s planned freeze on federal grants, loans and other financial assistance. She paused the plan for a week and […]
January 29, 2025
US Government Prepares for Partial Shutdown
Since 1976, the U.S. government has run out of funds about 20 times, though most shutdowns have lasted only a day. The United States is once again facing the possibility of a partial government shutdown starting at midnight on Friday and lasting through Saturday if Congress does not reach an agreement to extend funding before […]
December 20, 2024
US Skyrocketing Military Spending Upsets World
A recently released report showed that defense spending by the United States — the world’s largest military spender — accounted for nearly 40 percent of world’s total military expenditures in 2023. RELATED: NATO Drills Near Russian Border Increase Risks of Conflict In the latest move of aggressive U.S. military spending, President Joe Biden signed a […]
April 29, 2024
Republicans and Democrats Agree to Avoid Government Shutdown
On Tuesday, leaders from both the Democratic and Republican parties in the U.S. Congress announced an agreement to fund the government for the remainder of fiscal year 2024. RELATED: US Supreme Court Rules Trump Can Remain on Colorado Ballot Republican House Speaker Mike Johnson and Democratic Senate Majority Leader Chuck Schumer disclosed the agreement, which […]
March 19, 2024
UK Cuts National Insurance Contributions for Workers
On Wednesday, the United Kingdom’s Chancellor of the Exchequer Jeremy Hunt announced that National Insurance contributions would be cut for 27 million British workers. RELATED: Junior Doctors in Northern Ireland Strike Over Pay From April 6, employees’ National Insurance, a payroll tax, will be cut from 10 percent to 8 percent. Meanwhile, self-employed national insurance […]