#budgetdeficit — Public Fediverse posts

UK faces ‘very difficult trade-offs’ in budget because of Iran war, say analysts https://www.theguardian.com/business/2026/jul/29/uk-faces-trade-offs-because-of-iran-war-inflation #Business #Inflation #Oil #Economics #Iran #UsisraelWarOnIran #AndyBurnham #JohnHealey #BankOfEngland #OfficeForBudgetResponsibility #PublicFinance #Budget #EconomicPolicy #Politics #UkNews #GovernmentBorrowing #BudgetDeficit

UK faces ‘very difficult trade-offs’ in budget because of Iran war, say analysts
By Phillip Inman

Leading thinktank says higher oil prices and inflation will give Andy Burnham a ‘challenging inheritance’

https://www.theguardian.com/business/2026/jul/29/uk-faces-trade-offs-because-of-iran-war-inflation

#Business #Inflation #Oil #Economics #Iran #USIsraelwaronIran #AndyBurnham #JohnHealey #BankofEngland #OfficeforBudgetResponsibility #Publicfinance #Budget #Economicpolicy #Politics #UKnews #Governmentborrowing #Budgetdeficit #TheGuardian #PhillipInman

‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again https://www.theguardian.com/business/2026/may/14/theres-a-risk-of-another-liz-truss-moment-city-raises-spectre-of-bond-market-meltdown-again #GovernmentBorrowing #BudgetDeficit #Gilts #Bonds #EconomicPolicy #EconomicGrowthGdp #Economics #Politics #Business #UkNews #LizTruss #KeirStarmer #Labour #FinancialSector #Banking #TaxAndSpending #PublicFinance #BankOfEngland #RachelR...

Below is a graph from Deloitte Access Economics showing the Australian economy.
It has expenses exceeding income.

Looks like the responsible thing for Anthony Albanese to do is tax gas exports at 50%.

Anyone got the expected increase in revenue that we'd get to hand?

#AusPol #AusEconomy #GasTax #AnthonyAlbanese #BudgetDeficit
#MakeGinaChuckAHissyFit #FederalBudgetAU2026

Susie Madrak reveals a troubling scenario: Trump's tax bill jeopardizes Medicare funding. Without a PAYGO patch for the MAGA Murder Bill, significant cuts to Medicare are on the horizon due to projected deficits, potentially exceeding $500 billion from 2026-2034. The CBO warns of a $2.3 trillion deficit increase, with Medicare vulnerable as it lacks protection under PAYGO. Discover the full implications here: https://crooksandliars.com/2025/07/what-republicans-do-next-could-trigger-0 #MedicareCuts #PAYGO #Republicans #TaxBill #Congress #BudgetDeficit. Kudos to Madrak for highlighting these urgent concerns.

David Speers on #ABCNewsAustralia this evening continuing the mythology around a ‘balanced’ budget.

Australia and Australians suffer whenever the federal government prioritises a budget surplus over services and infrastructure needed to maintain a strong and healthy country and population.

#auspol #mmt #fiatCurrency #election #vote #budget #budgetdeficit

From: @DrALJONES
https://mastodon.social/@DrALJONES/114414533471013531