Tag: National budgets
Biden budget highlights: Lots of spending, taxing the rich
WASHINGTON — President Joe Biden's $6 trillion budget proposal offers major new initiatives like child and elder care subsidies, generous tax credits for families...
Social spending, business tax hike drive $6T Biden budget
WASHINGTON — President Joe Biden's $6 trillion budget proposal for next year would run a $1.8 trillion federal government deficit despite a raft of...
Biden budget highlights: Lots of spending, taxing the rich
WASHINGTON — President Joe Biden's $6 trillion budget proposal offers major new initiatives like child and elder care subsidies, generous tax credits for families...
Defense chief: US pullout from Afghanistan “slightly” ahead
WASHINGTON — Defense Secretary Lloyd Austin told Congress on Thursday that America's troop withdrawal from Afghanistan is “slightly” ahead of schedule, but he provided...
GOP senators ready $1T infrastructure counteroffer to Biden
WASHINGTON — Senate Republicans revived negotiations over President Joe Biden’s sweeping investment plan, preparing a $1 trillion infrastructure proposal that would be funded with...
Navy says it’s charting a new course after rash of problems
BATH, Maine — The Navy’s speedy littoral combat ships had propulsion failures. The gun on its stealthy destroyer is a dud because of expensive...
Nonpartisan budget report says future nuke costs are rising
WASHINGTON — The projected cost of modernizing the U.S. nuclear force is escalating, including billions of dollars more to operate nuclear-armed submarines and to...
New Zealand spending plan includes rebuilding Antarctic base
WELLINGTON, New Zealand — New Zealand plans to rebuild its Antarctic base and spend billions more on welfare payments as part of a spending...
Refugees arriving in US unlikely to exceed cap set by Trump
SAN DIEGO — President Joe Biden, under political pressure, agreed to admit four times as many refugees this budget year as his predecessor did,...
US budget deficit hits record $1.9 trillion so far this year
WASHINGTON — The U.S. budget deficit surged to a record of $1.9 trillion for the first seven months of this budget year, bloated by...
