Government ❯Politics ❯Public Policy

Fiscal Policy

Debt Management Taxation Budgeting Budget Management Budget Cuts Government Spending Budget Planning Public Spending Spending Cuts National Debt

CBO Confirms One Big Beautiful Bill Will Swell Deficits by $4.1 Trillion

Debt-service costs account for $718 billion of the bill’s $4.1 trillion ten-year deficit impact.

Milei Vetoes Pension and Disability Benefit Increases to Uphold Deficit-Elimination Pledge

Pritzker Pension Sweetener Deepens Chicago’s Budget Crisis

Thuringia Rejects Bavaria’s Threat to Leave Fiscal Equalization

Bavaria Vows to Quit Germany’s Fiscal Equalization in Five Years

Germany’s Coalition Launches Commission to Modernize Debt Brake

Bayrou’s 2026 Austerity Budget Prompts No-Confidence Threat

Bayrou’s €44 Billion Austerity Plan Faces Unions’ Strikes and Censure Threat

Bayrou Unveils 43.8 Billion-Euro Austerity Plan as Government Faces Confidence Test

Bayrou Sets 2026 Deficit Target at 4.6%, Favors Spending Cuts Over Tax Hikes

Sheinbaum Lowers Mexico’s Debt to 49.2% of GDP Through Republican Austerity

Finance Minister Launches Expenditure Review with 7.5 to 15 Percent Savings Targets

French MPs Reject ‘Année Blanche’ Spending Freeze in Budget Talks

California Finalizes $321 Billion Budget to Address $12 Billion Deficit

Lee Jae-myung Pushes 30.5 Trillion Won Stimulus Budget in First Policy Speech

Spending Review Projects 5% Council Tax Hikes as Councils Warn of Service Cuts

Labour Government Launches £725bn 10-Year Infrastructure Investment Plan

Warren and Trump Agree to Abolish US Debt Ceiling

Brandenburg Landtag Passes Budget Committee Vote as Debt Rule Alterations Remain Contested

French Government Keeps Childcare and Elderly Care Tax Credits in 2026 Budget