#governmentfinance — Public Fediverse posts

US Treasuries Have Become Unappetizing for Foreign Central Banks and Governments

https://wolfstreet.com/2026/09/17/treasuries-have-become-badly-unappetizing-for-foreign-central-banks-governments/

Comments: https://news.ycombinator.com/item?id=49756171

#HackerNews #US #Treasuries #ForeignInvestors #EconomicTrends #CentralBanks #GovernmentFinance

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

Indiana Capital Chronicle: Governor’s administration deletes helpful transparency tool. “In a blow to transparency, the state of Indiana’s website axed a website search tool that helped Hoosiers reach taxpayer-paid state employees. The ‘Find a Person’ tool on IN.gov had been going downhill since Gov. Mike Braun took over, with many new hires not added to the directory.”

Southern Maryland Chronicle: Comptroller Lierman Launches New Quarterly Economic Dashboard. “The Maryland Economic and Fiscal Quarterly Snapshot features interactive dashboards that track employment trends, housing activity, business growth, state revenues, and government spending. The tool will be updated each quarter, with the first release covering data through the first quarter of 2026.”

Chicago Sun-Times: Mayor Johnson’s social media tax generating windfall of revenue amid legal challenge. “The social media tax was expected to raise $31 million during all of 2026. But the city collected $16.4 million during the first four months alone from the 10 companies to which the levy has applied. At that rate, the first-year take would be $49.2 million, 58.7% higher than anticipated.”

Hawai’i Data Collaborative: Hawaiʻi Funding Project: Making the Flow of Resources into Hawaiʻi Visible. “Hawai‘i Data Collaborative (HDC) recently launched the Hawaiʻi Funding Project (HFP), a new resource that offers a consolidated view of how resources flow into Hawai‘i. Pulling from disparate funding and data sources, HFP provides access to visualizations as well as the data itself so […]

Signal Cleveland: Ohio data center tax break cost $1.4 billion more than expected in 2025. “In 2024, the state sales tax exemption for data centers cost Ohio about $555 million in revenue, four times more than the state Department of Taxation forecasted. In 2025, it cost a whopping $1.6 billion, eleven times more than the original estimate of $136 million.”

Gothamist: NYC comptroller urges rainy-day fund to offset potential AI fallout on city’s economy. “City Comptroller Mark Levine is urging local lawmakers to invest in a rainy-day fund that will protect New Yorkers in case artificial intelligence causes an economic downturn.”

United States Establishes Strategic Bitcoin Reserve, Shifting Digital Asset Stance

The US has created a Strategic Bitcoin Reserve. This changes how digital assets are managed and stored by the government.

#BitcoinReserve, #DigitalAssets, #USPolicy, #CryptoNews, #GovernmentFinance

https://newsletter.tf/us-creates-bitcoin-reserve-affecting-digital-assets/

The US government has officially created a Strategic Bitcoin Reserve, marking a significant shift in its digital asset policy. This reserve is meant to be a permanent store of value.

#BitcoinReserve, #DigitalAssets, #USPolicy, #CryptoNews, #GovernmentFinance
https://newsletter.tf/us-creates-bitcoin-reserve-affecting-digital-assets/

UK Borrowing Costs Ease Slightly Amid Political Uncertainty

UK government borrowing costs fell from a 28-year high. This happened after changes in the Labour party. It means the government might borrow money more cheaply.

#UKeconomy, #LabourParty, #BorrowingCosts, #GovernmentFinance, #InterestRates

https://newsletter.tf/uk-borrowing-costs-ease-after-labour-party-moves/

Government borrowing costs in the UK have fallen from a 28-year high. This is a small drop but could help the government save money on interest payments.

#UKeconomy, #LabourParty, #BorrowingCosts, #GovernmentFinance, #InterestRates
https://newsletter.tf/uk-borrowing-costs-ease-after-labour-party-moves/

UK Government Records Highest Ever January Budget Surplus Driven by Tax Receipts

UK government records highest ever January budget surplus of £15.4 billion in 2025. Find out why higher taxes caused this and what it means for the economy.

#UKBudgetSurplus, #JanuaryTaxes, #GovernmentFinance, #EconomicNews, #UKEconomy

https://newsletter.tf/uk-government-record-january-budget-surplus-higher-taxes-2025/

The UK government had a record budget surplus of £15.4 billion in January 2025, which is more than the surplus seen last year. This happened because people and companies paid more taxes.

#UKBudgetSurplus, #JanuaryTaxes, #GovernmentFinance, #EconomicNews, #UKEconomy

https://newsletter.tf/uk-government-record-january-budget-surplus-higher-taxes-2025/

UK Government Reports Record January Budget Surplus Driven by Tax Revenue Surge

Why did the UK government have a record budget surplus in January 2025? Find out how higher income tax and capital gains tax led to £15.4 billion more income than spending.

#UKBudget, #TaxRevenue, #EconomicNews, #GovernmentFinance, #JanuarySurplus

https://newsletter.tf/uk-government-record-january-budget-surplus-15-4-billion-due-to-tax-revenue/

The UK government's budget surplus in January 2025 was £15.4 billion, the highest ever for January. This is much higher than the £10.1 billion surplus seen in January 2024.

#UKBudget, #TaxRevenue, #EconomicNews, #GovernmentFinance, #JanuarySurplus

https://newsletter.tf/uk-government-record-january-budget-surplus-15-4-billion-due-to-tax-revenue/

Tamil Nadu Presents Interim Budget Ahead of Elections

Tamil Nadu government will present its interim budget for 2026-27 on February 17 before upcoming elections. Find out what an interim budget means.

#TamilNaduBudget, #StateElections, #GovernmentFinance, #Budget2026, #TamilNadu

https://newsletter.tf/tamil-nadu-interim-budget-february-2026/

The Tamil Nadu government will share its interim budget for the next year on February 17. This budget is important as it comes before the state elections. It will help the government continue its work until new leaders are chosen.

#TamilNaduBudget, #StateElections, #GovernmentFinance, #Budget2026, #TamilNadu

https://newsletter.tf/tamil-nadu-interim-budget-february-2026/

Texas Policy Research: Texas Launches Local Bond and Tax Transparency Database. “Following the passage of House Bill 103 (HB 103) during the 89th Texas Legislative Session (2025), the Texas Comptroller has launched the Local Government Bond, Tax, and Project Transparency Database. This new statewide database consolidates information on local bond elections, tax rate elections, and bond-funded […]

Thai monetary policy should remain accommodative, central bank minutes show

Thailand’s monetary policy should remain accommodative to support the economy and an easing would not significantly increase financial…
#NewsBeep #News #Headlines #AsiaEconomy #businessnews #Centralbanking #Governmentfinance #Latvia #LV #monetarypolicy #Thailand
https://www.newsbeep.com/86204/

University of Michigan: U-M develops free tool to empower municipalities, modernize financial reporting. “When Congress passed the Financial Data and Transparency Act in 2022, it required most municipalities in the U.S. to modernize and digitize their financial reports. This is a heavy lift for small towns and school districts, most of which still report their financial information in PDF […]

https://rbfirehose.com/2025/05/25/university-of-michigan-u-m-develops-free-tool-to-empower-municipalities-modernize-financial-reporting/

NC Newsline: NC treasurer announces 12-week artificial intelligence pilot. “The state Treasurer’s Office is using ChatGPT in a 12-week artificial intelligence pilot program. State Treasurer Brad Briner said the department is using the OpenAI product to identify businesses with unclaimed property and analyze local government financial data.”

https://rbfirehose.com/2025/03/28/nc-newsline-nc-treasurer-announces-12-week-artificial-intelligence-pilot/

Roll Call: White House scraps public spending database. “The White House budget office has taken down its website where approvals of federal funding provided in appropriations laws are statutorily required to be posted for public viewing, a move likely to face major blowback from members of Congress and government watchdogs.”

https://rbfirehose.com/2025/03/25/roll-call-white-house-scraps-public-spending-database/

The Conversation: Fires, wars and bureaucracy: The tumultuous journey to establish the US National Archives. “Creating the National Archives required decades of advocacy by historians, politicians and government officials. The National Archives was not simply an administrative convenience – it was a necessity born from repeated disasters that underscored the fragility of government records. […]

https://rbfirehose.com/2025/03/20/the-conversation-fires-wars-and-bureaucracy-the-tumultuous-journey-to-establish-the-us-national-archives/

National Security Archive: U.S. National Archives’ 2025 Budget Request Threatens Mission Failure. “NARA is seeking $481.1 million in discretionary budget authority for FY 2025—a $9.2 million decrease from the FY 2024 annualized continuing resolution level—at the same time its responsibilities are increasing, its facilities and technologies are aging, and requesters are waiting over a […]

https://rbfirehose.com/2025/03/15/national-security-archive-u-s-national-archives-2025-budget-request-threatens-mission-failure/

WSIL: Comptroller Mendoza announces new website for finances and credit ratings for Illinois. “Comptroller Susana Mendoza has launched a new website which details financial and credit ratings for the state. Bonds are issued through the state which helps fund state projects, such as roads and bridge projects, school buildings, train stations and more. The new webpage now features information […]

https://rbfirehose.com/2025/03/06/wsil-comptroller-mendoza-announces-new-website-for-finances-and-credit-ratings-for-illinois/

Federal spending is stable over time — https://lbo-news.com/2025/02/16/no-federal-spending-and-employment-are-not-out-of-control/
#HackerNews #FederalSpending #StableEconomy #FiscalPolicy #GovernmentFinance #EconomicStability

Raw Story: Pentagon poured money into social media influencers and TV stars to attract Gen Z: report. “The Pentagon enlisted entertainers MrBeast, Kelly Clarkson and Guy Fieri last year to help boost flagging enlistment, according to newly revealed documents. Rolling Stone obtained a Government Accountability report last month showing a 10-percent decline in military favorability among the […]

https://rbfirehose.com/2025/01/07/pentagon-poured-money-into-social-media-influencers-and-tv-stars-to-attract-gen-z-report-raw-story/

Loudwire: Alice in Chains, Shinedown & More Face Scrutiny in Report on Pandemic Relief Payouts. “In some of the other cases highlighted in the report, there were clear misuse of pandemic funds for personal benefit. For instance, the investigation uncovered that rapper Lil’ Wayne spent $1.3 million of his $8.9 million grant to cover private jet flights, while spending another $460,000 on […]

https://rbfirehose.com/2024/12/20/loudwire-alice-in-chains-shinedown-more-face-scrutiny-in-report-on-pandemic-relief-payouts/

It's mind-blowing in the context of our mythology of money but understanding this is key to many critical matters, including dealing with #ClimateChange.

Demand logic from kneejerk rejection.. The inculcation of plot holes in the story of money runs deep.

#GovernmentFinance

https://www.theguardian.com/books/2024/apr/02/outdated-and-misleading-is-it-time-to-reassess-the-very-concept-of-money?CMP=Share_AndroidApp_Other

Eurostat is HIRING! 📊✅

🔷Director for Government finance statistics

⌛️Deadline for application: 13/06/2023, 12:00 CEST

👉 Apply here: https://europa.eu/!V7cBdv

#Vacancy #GovernmentFinance

🐦🔗: https://n.respublicae.eu/EU_Eurostat/status/1658100998689243141

*Important report* [non-technical & highly readable] on the #BBC news & current affairs coverage of #economics & govt finance:
"Review of the impartiality of BBC coverage
of taxation, public spending, government
borrowing and debt".
Lists faults as well as merits:
https://www.bbc.co.uk/aboutthebbc/documents/thematic-review-taxation-public-spending-govt-borrowing-debt.pdf
#MacroEconomics
#NewsMedia
#GovernmentFinance

Ukraine Defends Bakhmut Against Russian Assaults as Zelensky Heads to U.S. https://www.wsj.com/articles/ukraine-defends-bakhmut-against-russian-assaults-as-zelensky-heads-to-u-s-11671619107 #Politics/InternationalRelations #DefenseEquipment/Products #National/PublicSecurity #InternationalRelations #internationalrelations #Political/GeneralNews #Aerospace/Defense #GovernmentFinance #VolodymyrZelensky #governmentfinance #photo-commission #defenseequipment #IndustrialGoods #WSJ-PRO-WSJ.com #ukraine

Time Might Run Out for Japan's Low-Rate Policy https://www.wsj.com/articles/time-might-run-out-on-japans-low-rate-policy-11671334684 #GovernmentBorrowing #governmentborrowing #FinancialServices #GovernmentFinance #governmentfinance #financialservices #WSJ-PRO-WSJ.com #CentralBanking #Banking/Credit #MonetaryPolicy #monetarypolicy #centralbanking #InterestRates #interestrates #EconomicNews #economicnews #BankofJapan #Banking #8301.TO #JP:8301 #banking #credit #SYND

Ghana to Restructure External Debt as Part of IMF Deal https://www.wsj.com/articles/ghana-to-restructure-external-debt-as-part-of-imf-deal-11670946636 #Regulation/GovernmentPolicy #Corporate/IndustrialNews #C&EIndustryNewsFilter #c&eindustrynewsfilter #GovernmentAid/Grants #GovernmentBorrowing #governmentborrowing #GovernmentFinance #governmentfinance #governmentpolicy #WSJ-PRO-WSJ.com #MonetaryPolicy #FactivaFilters #industrialnews #monetarypolicy #factivafilters #InterestRates #governmentaid

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