#government-budget — Public Fediverse posts

Supreme Court declares 2024, 2025 budgets unconstitutional

https://fed.brid.gy/r/https://www.rappler.com/philippines/supreme-court-declares-2024-2025-budgets-unconstitutional/

https://www.europesays.com/unitedstates/46128/ Senate budget chair questions role of politics influencing budget forecast | News #AndyBeshear #Budget #ChrisMcdaniel #Economy #GovernmentBudget #GovernmentFinances #IncomeTax #JohnHicks #legislature #LocalGovernment #PublicFinance #revenue #StateGovernment #StateLegislature(unitedStates) #tax #TaxRevenue

World Bank pushes 5% cap after unprogrammed funds ballooned in past budgets

https://web.brid.gy/r/https://www.rappler.com/business/world-bank-cap-unprogrammed-funds-budget/

World Bank pushes 5% cap after unprogrammed funds ballooned in past budgets

https://fed.brid.gy/r/https://www.rappler.com/business/world-bank-cap-unprogrammed-funds-budget/

Should you worry about the Philippines’ P21-trillion debt burden in 2027?

https://fed.brid.gy/r/https://www.rappler.com/business/explainer-philippines-debt-burden-2028/

Romualdez replaces Pulong Duterte as top recipient of DPWH funds 

Political influence appears to dictate DPWH funding allocations, with House leaders like Martin Romualdez securing significant budgets for their districts, despite allegations of corruption and the replacement of leadership

https://justpaste.in/news/romualdez-replaces-pulong-duterte-top-recipient-dpwh-funds/

#corruption #DPWH #FaustinoBojieDyIII #FerdinandMartinGomezRomualdez #governmentbudget

[In This Economy] The 2027 budget: Hocus-pocus prevails once more

https://web.brid.gy/r/https://www.rappler.com/voices/thought-leaders/in-this-economy-2027-national-budget-hocus-pocus-prevails-once-more/

[In This Economy] The 2027 budget: Hocus-pocus prevails once more

https://fed.brid.gy/r/https://www.rappler.com/voices/thought-leaders/in-this-economy-2027-national-budget-hocus-pocus-prevails-once-more/

https://www.europesays.com/ch/123458/ UBS capital concessions passed by Swiss lawmakers #applenews #banking #Banking/Credit #CommercialBanking #credit #DragonflyEurope #DragonflyWorld #EconomicNews #Europe #FinancialServices #GCAPI #GovernmentBudget #GovernmentBudget/Taxation #GovernmentFinance #InternationalBanks #InvestmentBanking #LINK:EN|drn:realtimeLinkedarticleSNCO20260831007088 #news #Switzerland #SYND #Taxation #UBS #UBSGroup #WesternEurope #WSJPROFNOnline

Romualdez replaces Pulong Duterte as top recipient of DPWH funds

https://fed.brid.gy/r/https://www.rappler.com/philippines/romualdez-replaces-pulong-duterte-top-recipient-dpwh-funds/

Zero budget, staff cripple solid waste management body – DENR official

https://fed.brid.gy/r/https://www.rappler.com/philippines/zero-budget-staff-cripple-national-solid-waste-management-commission/

Why did DOJ’s confidential funds balloon by nearly tenfold in 2025?

https://fed.brid.gy/r/https://www.rappler.com/philippines/explanation-department-justice-2025-confidential-funds-balloon-tenfold/

DND wants P324.6-billion budget for 2027

https://fed.brid.gy/r/https://www.rappler.com/philippines/department-national-defense-proposed-2027-budget/

DENR seeks P29.5 billion in 2027 budget

https://fed.brid.gy/r/https://www.rappler.com/philippines/department-environment-natural-resources-2027-proposed-budget/

[Inside the Newsroom] Exposing the Revilla flood control contracts — the easy part

https://fed.brid.gy/r/https://www.rappler.com/voices/newsletters/inside-the-newsroom-exposing-revilla-flood-control-contracts/

Order in the Court: Is COA being OA over Sara Duterte’s confidential funds?

https://fed.brid.gy/r/https://www.rappler.com/philippines/order-in-the-court-coa-audit-terms-sara-duterte-confidential-funds/

The U.S. National Debt – How Single Year Budgeting And Funding Cycles Lead To Unmanageable Government

By Ken Larson

Having dealt with the funding process in the government contracting industry (both large and small business) for over 40 years, I can discuss with some credibility a major weakness in the huge machine we call the US  Federal  Government — the one year budget cycle. 
  
A huge reason for much of the largess in the National Debt is the fiscal year funding agony in which the US Government is entrenched. Shutdowns, delays and spoon feeding funds to areas as vital as the environment, national defense and healthcare must cease.  

___________________________________________________________________________________________________
About mid-summer every agency begins to get paranoid about whether or not they have spent all their money, worried about having to return some and be cut back the next year. They flood the market with sources sought notifications and open solicitations to get the money committed. Many of these projects are meaningless.

Then during the last fiscal month (September) proposals are stacked up all over the place and everything is bottle-necked. If you are a small business trying to get the paperwork processed and be under contract before the new fiscal year starts you are facing a major challenge.

Surely the one year cycle has become a ludicrous exercise we can no longer afford and our government is choking on it. It is a political monstrosity that occurs too frequently to be managed effectively.

Government must lay out a formal baseline over multiple years (I suggest at least 2 fiscal years – ideally 4 – tied to a presidential election)  – then fund in accordance with it and hold some principals in the agencies funded accountable by controlling their spending incrementally – not in an annual panic mode.

Naturally exigencies can occur, such as COVID and unanticipated world events like the Russian invasion of Ukraine.   A management reserve can be set aside if events mandate scope changes in the baseline due to unforeseen circumstances. Congress could approve such baseline changes as they arise.

There is a management technique for the above that DOD, NASA and the major agencies require by regulation in large government contracts. It is called “Earned Value Management” and it came about as a result of some of the biggest White Elephant overruns in Defense Department History. Earned Value Management Systems

We have one of the biggest White Elephants ever in front of us (a National Debt exceeding $39 Trillion) National Debt Clock. We must get this mess under control, manage our finances and our debt or it will manage us into default.

Gov’t cuts growth outlook for newly upgraded upper-middle-income Philippines

https://web.brid.gy/r/https://www.rappler.com/business/government-cuts-growth-outlook-newly-upgraded-upper-middle-income-philippines/

Gov’t cuts growth outlook for newly upgraded upper-middle-income Philippines

https://fed.brid.gy/r/https://www.rappler.com/business/government-cuts-growth-outlook-newly-upgraded-upper-middle-income-philippines/

https://www.europesays.com/people/112351/ California schools battle Newsom over $3.9 billion funding holdback | State #1988CaliforniaProposition98 #Budget #california #CaliforniaSchoolBoardsAssociation #CaliforniaSchoolsFunding #CaliforniaTeachersAssociation #CommunityColleges #DepartmentOfFinance #Economy #GavinNewsom #GovGavinNewsom #GovernmentBudget #GovernmentFinances #LegislativeAnalyst’sOffice #legislature #money #Prop98 #RainyDayFund #revenue #SchoolBusinessOfficials #SchoolDistricts #StateBudget #Tax

https://www.europesays.com/ch/74624/ Geneva City Council shoots for no tax increase; as much as $2 million will need to be cut to achieve that goal | News #Economy #Geneva #GovernmentBudget #GovernmentFinances #payments #PublicFinance #PublicPolicy #tax

Australia: Nationalist One Nation Overtakes Governing Labor in Post-Budget Poll

https://fed.brid.gy/r/https://europeanconservative.com/articles/news-corner/australia-nationalist-one-nation-overtakes-governing-labor-in-post-budget-poll/

**📢 Tin tức:**
Thủ tướng yêu cầu giảm số dự án đầu tư công sử dụng ngân sách Trung ương trong giai đoạn 2026-2030 xuống dưới 3.000 dự án, nhằm chấm dứt tình trạng đầu tư dàn trải và nâng cao hiệu quả sử dụng vốn.

#ĐầuTưCông #NgânSáchNhàNước #KinhTếViệtNam #PublicInvestment #GovernmentBudget #VietnamEconomy

https://vtcnews.vn/thu-tuong-dau-tu-duoi-3-000-du-an-dung-ngan-sach-trung-uong-trong-nhiem-ky-toi-ar997572.html

[Editorial] For the government to balance the budget while increasing spending on defense, child care and the elderly will require hard choices. https://www.japantimes.co.jp/opinion/2023/06/16/editorials/japanese-government-spending/?utm_content=bufferfd5a9&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #opinion #editorials #defense #fumiokishida #taxes #ldp #childcare #governmentbudget

Europe Strikes Deal to Tax Imports Based on Greenhouse-Gas Emissions https://www.wsj.com/articles/europe-reaches-deal-on-landmark-carbon-import-tax-11670921011 #Politics/InternationalRelations #Regulation/GovernmentPolicy #GovernmentBudget/Taxation #Electricity/GasUtilities #Corporate/IndustrialNews #InternationalRelations #internationalrelations #Political/GeneralNews #C&EIndustryNewsFilter #c&eindustrynewsfilter #NaturalEnvironment #Global/WorldIssues #naturalenvironment #GovernmentFinance

High Oil Prices Lift Saudi Arabia, Bolster Prince's Economic Plans https://www.wsj.com/articles/high-oil-prices-lift-saudi-arabia-bolster-princes-economic-plans-11670446489 #EconomicPerformance/Indicators #Commodity/FinancialMarketNews #EconomicPredictions/Forecasts #GovernmentBudget/Taxation #EconomicGrowth/Recession #Political/GeneralNews #economicperformance #financialmarketnews #economicpredictions #C&EExclusionFilter #c&eexclusionfilter #GovernmentFinance #MohammedbinSalman #CrudeOilMarkets

Russian Oil-Price Cap Adds to Fiscal Pressure on Moscow https://www.wsj.com/articles/russian-oil-price-cap-adds-to-fiscal-pressure-on-moscow-11670409002 #Politics/InternationalRelations #EconomicPerformance/Indicators #Regulation/GovernmentPolicy #TradeBarriers/Restrictions #GovernmentBudget/Taxation #Corporate/IndustrialNews #National/PublicSecurity #Trade/ExternalPayments #InternationalRelations #InternationalSanctions #internationalrelations #internationalsanctions #Political/GeneralNews

Putin Grips Economy Tighter to Supply Russian War Machine https://www.wsj.com/articles/putin-grips-economy-tighter-to-supply-russian-war-machine-11670272548 #Politics/InternationalRelations #Regulation/GovernmentPolicy #TradeBarriers/Restrictions #GovernmentBudget/Taxation #Corporate/IndustrialNews #National/PublicSecurity #Trade/ExternalPayments #InternationalRelations #InternationalSanctions #internationalrelations #internationalsanctions #Political/GeneralNews #C&EIndustryNewsFilter #Earnings

Bank of England’s PRA raises budget $31M for ‘emerging risks’ like crypto

https://cointelegraph.com/news/bank-of-england-s-pra-raises-budget-31m-for-emerging-risks-like-crypto

#PrudentialRegulationAuthority #centralbankofengland #governmentbudget #cryptoregulation #bankofengland #unitedkingdom #cryptoassets #pra #uk