#budgetdeficit — Public Fediverse posts

Act soon to change ‘unsustainable’ direction of UK debt, OBR warns
By Heather Stewart Economics editor

Forecaster says curtailing rising costs such as health and pensions ‘are today’s challenge, not just tomorrow’s’

https://www.theguardian.com/business/2026/jul/07/change-unsustainable-direction-uk-debt-obr-health-pensions

#OfficeforBudgetResponsibility #Budgetdeficit #Business #Economicpolicy #Economics #Governmentborrowing #Politics #Taxandspending #Healthpolicy #RachelReeves #AndyBurnham #UKnews #Defencepolicy #HeatherStewartEconomicseditor

Act soon to change ‘unsustainable’ direction of UK debt, OBR warns https://www.theguardian.com/business/2026/jul/07/change-unsustainable-direction-uk-debt-obr-health-pensions #OfficeForBudgetResponsibility #BudgetDeficit #Business #EconomicPolicy #Economics #GovernmentBorrowing #Politics #TaxAndSpending #HealthPolicy #RachelReeves #AndyBurnham #UkNews #DefencePolicy

Act soon to change ‘unsustainable’ direction of UK debt, OBR warns https://www.theguardian.com/business/2026/jul/07/change-unsustainable-direction-uk-debt-obr-health-pensions #OfficeForBudgetResponsibility #BudgetDeficit #Business #EconomicPolicy #Economics #GovernmentBorrowing #Politics #TaxAndSpending #HealthPolicy #RachelReeves #AndyBurnham #UkNews #DefencePolicy

Hungary Eyes Euro Adoption by 2030 Amid Economic Shifts https://www.byteseu.com/2141906/ #BudgetDeficit #CreditRating #DebtReduction #EuReforms #EuroAdoption #Eurogroup #FinancialMarkets #Hungary #PeterMagyar #ViktorOrban

Mayor Jones wants to defund San Antonio Botanical Garden as city’s budget deficit looms https://www.allforgardening.com/1837452/mayor-jones-wants-to-defund-san-antonio-botanical-garden-as-citys-budget-deficit-looms/ #BudgetDeficit #garden #gardener #gardening #GinaOrtizJones #PublicSubsidy #SanAntonioBotanicalGarden #SanAntonioNews #TexasPolitics

Mayor Jones wants to defund San Antonio Botanical Garden as city’s budget deficit looms https://www.allforgardening.com/1837452/mayor-jones-wants-to-defund-san-antonio-botanical-garden-as-citys-budget-deficit-looms/ #BudgetDeficit #garden #gardener #gardening #GinaOrtizJones #PublicSubsidy #SanAntonioBotanicalGarden #SanAntonioNews #TexasPolitics

https://www.europesays.com/people/87515/ Fresno Unified budget gets a $50 million cash injection #BudgetDeficit #CommunityCollege #CommunitySchools #Education #EducationFunding #Fresno #FresnoUnified #FresnoUnifiedSchoolDistrict #GavinNewsom #K12 #lcff #SchoolBudget #Tk12

IMF urges UK to ‘stay the course’ on borrowing amid Starmer uncertainty https://www.theguardian.com/business/2026/may/18/imf-uk-borrowing-keir-starmer-rachel-reeves-andy-burnham #Economics #InternationalMonetaryFundImf #BudgetDeficit #Business #RachelReeves #Politics #UkNews

IMF urges UK to ‘stay the course’ on borrowing amid Starmer uncertainty https://www.theguardian.com/business/2026/may/18/imf-uk-borrowing-keir-starmer-rachel-reeves-andy-burnham #Economics #InternationalMonetaryFundImf #BudgetDeficit #Business #RachelReeves #Politics #UkNews

‘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...

‘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...

🌍 Saudi Arabia reports a $33.5 billion budget deficit in Q1 2026, driven by rising government spending and a drop in oil revenues amid regional tensions. ()

#SaudiArabia #Economy #BudgetDeficit #WorldNews #BreakingNews #GTVNewsHD
https://gtvnewshd.com/world/2026/05/06/saudi-arabia-posts-33-5bn-budget-deficit/

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

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

Philippines posts P171.2 billion budget deficit in February

https://fed.brid.gy/r/https://interaksyon.philstar.com/business/2026/04/07/311653/philippines-posts-p171-2-billion-budget-deficit-in-february/

https://www.europesays.com/people/12633/ Editorial | Building a responsible budget at City Hall #BondRating #BudgetDeficit #BudgetNegotiations #CityCouncil #FiscalResponsibility #GovernmentAccountability #JulieMenin #MunicipalSpending #NewYorkCityBudget #NewYorkCityFinances #NycFiscalPolicy #NycPolitics #PropertyTaxIncrease #TaxAndSpend #ZohranMamdani

HUNGARIAN ECONOMY IN A STEEP SLIDE, FORINT UNDER PRESSURE

Hungary admits economy is in serious trouble due to budget deficit and inflation. Fears grow over weakening forint and new bank taxes. What happens next?

#HungaryEconomy, #BudgetDeficit, #BankTax, #Forint, #EconomicNews

https://newsletter.tf/hungary-economy-deficit-bank-tax-fears/

Hungary's economy is in serious trouble, with a widening budget deficit and high inflation. This is much worse than last year.

#HungaryEconomy, #BudgetDeficit, #BankTax, #Forint, #EconomicNews
https://newsletter.tf/hungary-economy-deficit-bank-tax-fears/

UK government borrowing costs hit 5% as Iran war fuels bond market sell-off https://www.theguardian.com/business/2026/mar/27/uk-government-borrowing-iran-war-bond-market-sell-off #GovernmentBorrowing #Business #Bonds #Economics #UkNews #BudgetDeficit #UsisraelWarOnIran #Inflation #InterestRates #EconomicPolicy

UK government borrowing costs hit 5% as Iran war fuels bond market sell-off https://www.theguardian.com/business/2026/mar/27/uk-government-borrowing-iran-war-bond-market-sell-off #GovernmentBorrowing #Business #Bonds #Economics #UkNews #BudgetDeficit #UsisraelWarOnIran #Inflation #InterestRates #EconomicPolicy

Philippines’ budget deficit at P313.2 billion in December

https://fed.brid.gy/r/https://interaksyon.philstar.com/business/2026/03/03/310040/philippines-budget-deficit-at-p313-2-billion-in-december/

Philippines’ budget deficit at P313.2 billion in December

https://web.brid.gy/r/https://interaksyon.philstar.com/business/2026/03/03/310040/philippines-budget-deficit-at-p313-2-billion-in-december/

Zero net migration would shrink UK economy by 3.6%, says thinktank https://www.theguardian.com/business/2026/feb/04/zero-net-migration-shrink-uk-economy-thinktank-niesr #EconomicGrowthGdp #Migration #TaxAndSpending #EconomicPolicy #UkNews #Economics #BudgetDeficit #Business #ImmigrationAndAsylum

#Repost @thedownballot
Zohran’s recent budget press conference illustrates that we’ve always had the money for childcare, healthcare, rental assistance and more. It’s just been grossly mismanaged! Or given to the police. Thanks Eric Adams 😒

#nycbudget #ericadamscorruption #budgetdeficit #explainittomelikeimfive #taxtherich

Selling US debt, Europe’s difficult weapon against Trump.

Investors have begun to reduce their exposure to the US on their own initiative, triggering a selling wave that exposes the vulnerabilities of the world’s largest economy: its high debt and the imbalance of its public accounts.

https://mediafaro.org/article/20260124-selling-us-debt-europes-difficult-weapon-against-trump?mf_channel=mastodon&action=forward

#Europe #Trump #Markets #Investing #Government #Economy #SovereignDebt #BudgetDeficit

Moody’s keeps France’s credit rating but warns about ‘negative’ outlook.

Credit ratings agency Moody’s on Friday maintained France’s Aa3 sovereign rating but downgraded its outlook to “negative” from “stable,” warning that mounting political fragmentation could hinder efforts to rein in the country’s swelling deficit.

https://mediafaro.org/article/20251025-moodys-keeps-frances-credit-rating-but-warns-about-negative-outlook?mf_channel=mastodon&action=forward

#France #CreditRating #Economy #Moodys #Economy #Politics #BudgetDeficit

Moody’s keeps France’s credit rating but warns about ‘negative’ outlook.

Credit ratings agency Moody’s on Friday maintained France’s Aa3 sovereign rating but downgraded its outlook to “negative” from “stable,” warning that mounting political fragmentation could hinder efforts to rein in the country’s swelling deficit.

https://mediafaro.org/article/20251025-moodys-keeps-frances-credit-rating-but-warns-about-negative-outlook?mf_channel=mastodon&action=forward

#France #CreditRating #Economy #Moodys #Economy #Politics #BudgetDeficit

Moody’s keeps France’s credit rating but warns about ‘negative’ outlook.

Credit ratings agency Moody’s on Friday maintained France’s Aa3 sovereign rating but downgraded its outlook to “negative” from “stable,” warning that mounting political fragmentation could hinder efforts to rein in the country’s swelling deficit.

https://mediafaro.org/article/20251025-moodys-keeps-frances-credit-rating-but-warns-about-negative-outlook?mf_channel=mastodon&action=forward

#France #CreditRating #Economy #Moodys #Economy #Politics #BudgetDeficit

Moody’s keeps France’s credit rating but warns about ‘negative’ outlook.

Credit ratings agency Moody’s on Friday maintained France’s Aa3 sovereign rating but downgraded its outlook to “negative” from “stable,” warning that mounting political fragmentation could hinder efforts to rein in the country’s swelling deficit.

https://mediafaro.org/article/20251025-moodys-keeps-frances-credit-rating-but-warns-about-negative-outlook?mf_channel=mastodon&action=forward

#France #CreditRating #Economy #Moodys #Economy #Politics #BudgetDeficit

Moody’s keeps France’s credit rating but warns about ‘negative’ outlook.

Credit ratings agency Moody’s on Friday maintained France’s Aa3 sovereign rating but downgraded its outlook to “negative” from “stable,” warning that mounting political fragmentation could hinder efforts to rein in the country’s swelling deficit.

https://mediafaro.org/article/20251025-moodys-keeps-frances-credit-rating-but-warns-about-negative-outlook?mf_channel=mastodon&action=forward

#France #CreditRating #Economy #Moodys #Economy #Politics #BudgetDeficit

Saturday, October 4, 2025

https://activitypub.writeworks.uk/2025/10/saturday-october-4-2025/

Saturday, October 4, 2025

https://activitypub.writeworks.uk/2025/10/saturday-october-4-2025/

French national debt under presidents Chirac, Sarkozy, Hollande and Macron: a look at the numbers.

French national debt has grown steadily over the last 30 years. It is the sum of all public deficits accumulated since the mid-1970s.

An economist looks at factors behind the debt’s recent climb.

https://mediafaro.org/article/20250904-french-national-debt-under-presidents-chirac-sarkozy-hollande-and-macron-a-look-at-the-numbers?mf_channel=mastodon&action=forward

#France #Economy #Debt #Politics #NationalDebt #BudgetDeficit #Chirac #Sarkozy #Hollande #Macron

French national debt under presidents Chirac, Sarkozy, Hollande and Macron: a look at the numbers.

French national debt has grown steadily over the last 30 years. It is the sum of all public deficits accumulated since the mid-1970s.

An economist looks at factors behind the debt’s recent climb.

https://mediafaro.org/article/20250904-french-national-debt-under-presidents-chirac-sarkozy-hollande-and-macron-a-look-at-the-numbers?mf_channel=mastodon&action=forward

#France #Economy #Debt #Politics #NationalDebt #BudgetDeficit #Chirac #Sarkozy #Hollande #Macron

Harris County leaders plan to end a contract to outsource jail inmates to a private facility in Mississippi later this year, potentially shaving more than $4 million off the county's outsourcing costs.

https://www.houstonpublicmedia.org/articles/news/criminal-justice/2025/08/20/528904/harris-county-expected-to-end-mississippi-outsourcing-contract-this-year-saving-at-least-4-million/

#CriminalJustice #HarrisCounty #Houston #Local #News #BudgetDeficit #HarrisCountyBudget #HarrisCountyDistrictAttorneySOffice #HarrisCountyJail #HoustonJail #JailOutsourcing

Harris County leaders plan to end a contract to outsource jail inmates to a private facility in Mississippi later this year, potentially shaving more than $4 million off the county's outsourcing costs.

https://www.houstonpublicmedia.org/articles/news/criminal-justice/2025/08/20/528904/harris-county-expected-to-end-mississippi-outsourcing-contract-this-year-saving-at-least-4-million/

#CriminalJustice #HarrisCounty #Houston #Local #News #BudgetDeficit #HarrisCountyBudget #HarrisCountyDistrictAttorneySOffice #HarrisCountyJail #HoustonJail #JailOutsourcing

#Russia #BudgetDeficit #EnergyCrisis #FiscalStress

Russia accidentally admits what it denied for three years: war is breaking its economy

Russia just admitted something it has spent three years denying: the war is breaking its economy. According to Russian Finance Ministry data, Moscow’s federal deficit hit $62 billion by July — already 25% over its yearly target with five months still to go.

https://euromaidanpress.com/2025/08/08/russia-deficit-2025-62b-economy-running-on-fumes/
#Russia #BudgetDeficit #FiscalStress

#Russia #BudgetDeficit #EnergyCrisis #FiscalStress

Russia accidentally admits what it denied for three years: war is breaking its economy

Russia just admitted something it has spent three years denying: the war is breaking its economy. According to Russian Finance Ministry data, Moscow’s federal deficit hit $62 billion by July — already 25% over its yearly target with five months still to go.

https://euromaidanpress.com/2025/08/08/russia-deficit-2025-62b-economy-running-on-fumes/
#Russia #BudgetDeficit #FiscalStress

UK public finances on ‘unsustainable’ path amid growing climate, debt and pension costs https://www.theguardian.com/business/2025/jul/08/uk-public-finances-obr-national-debt-gdp #OfficeforBudgetResponsibility #Economicpolicy #Taxandspending #Budgetdeficit #Publicfinance #Climatecrisis #RachelReeves #Economics #Business #Politics #Pensions #UKnews

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.

Friday, May 30, 2025

Ukraine’s AI-powered ‘mother drone’ sees first combat use — No God But Theirs: Investigation into systemic terror against Ukrainian Christian churches under Russian occupation — Russia’s budget deficit triples amid sanctions and low oil prices — Detention, pressure, threats — US pastor in Ukraine describes his encounter with Russians … and more

https://activitypub.writeworks.uk/2025/05/friday-may-30-2025/

Friday, May 30, 2025

Ukraine’s AI-powered ‘mother drone’ sees first combat use — No God But Theirs: Investigation into systemic terror against Ukrainian Christian churches under Russian occupation — Russia’s budget deficit triples amid sanctions and low oil prices — Detention, pressure, threats — US pastor in Ukraine describes his encounter with Russians … and more

https://activitypub.writeworks.uk/2025/05/friday-may-30-2025/

Friday, May 30, 2025

Ukraine’s AI-powered ‘mother drone’ sees first combat use — No God But Theirs: Investigation into systemic terror against Ukrainian Christian churches under Russian occupation — Russia’s budget deficit triples amid sanctions and low oil prices — Detention, pressure, threats — US pastor in Ukraine describes his encounter with Russians … and more

https://activitypub.writeworks.uk/2025/05/friday-may-30-2025/

Friday, May 30, 2025

Ukraine’s AI-powered ‘mother drone’ sees first combat use — No God But Theirs: Investigation into systemic terror against Ukrainian Christian churches under Russian occupation — Russia’s budget deficit triples amid sanctions and low oil prices — Detention, pressure, threats — US pastor in Ukraine describes his encounter with Russians … and more

https://activitypub.writeworks.uk/2025/05/friday-may-30-2025/

Pet peeve: national-level mainstream media outlets that absolutely cannot differentiate correctly between a budget deficit and national debt.

#debt #deficit #NationalDebt #BudgetDeficit #MSM #media #peeve #PetPeeve

Pet peeve: national-level mainstream media outlets that absolutely cannot differentiate correctly between a budget deficit and national debt.

#debt #deficit #NationalDebt #BudgetDeficit #MSM #media #peeve #PetPeeve

Bloomberg: After frantically pushing #shareprices higher and lower for weeks on each twist and turn in Trump’s #tariff negotiations, #investors are starting to tune out the #Trump #tradewar, focusing instead on rising #bondyields and the #US #budgetdeficit. #markets

US credit rating downgrade could add to pressure on government debt https://www.theguardian.com/us-news/2025/may/18/us-credit-rating-downgrade-could-add-to-pressure-on-government-debt #Trumpadministration #Ratingagencies #Budgetdeficit #DonaldTrump #Economics #Worldnews #USeconomy #Business #Moody's #USnews #Dollar #Bonds