Latest Government budgets News

Defense head calls out those who advocate isolationism and 'an American retreat from responsibility'
SIMI VALLEY, Calif. (AP) — Defense Secretary Lloyd Austin on Saturday denounced those who advocate “an American retreat from responsibility” and said sustained U.S. leadership is needed to help keep the world as safe, free and prosperous as possible. He also urged Congress to end the partisan...

Nigeria's leader presents a $34 billion spending plan that prioritizes the economy and security
ABUJA, Nigeria (AP) — Nigeria’s leader on Wednesday presented a 27.5 trillion naira ($34.8 billion) spending plan for 2024 to federal lawmakers, with a focus on stabilizing Africa’s largest but ailing economy and tackling the nation's deadly security crisis. The primary...
Editorial Roundup: Mississippi
Greenwood Commonwealth. November 24, 2023. Editorial: 2024 Session Sees First Squabble What is usually a routine budget meeting at the state Capitol turned into an interesting debate over how much tax revenue Mississippi expects to bring in during the next fiscal...

A Hong Kong court hears final arguments in the subversion trial of pro-democracy activists
HONG KONG (AP) — A Hong Kong court started hearing the final arguments Wednesday of some of the city's best-known pro-democracy activists tried under a law imposed by China’s ruling Communist Party to crush dissent. The activists' subversion trial is the biggest prosecution yet...
Latest projection points to modest revenue boost for Maine government
AUGUSTA, Maine (AP) — The state's nonpartisan revenue forecasting panel anticipates the state will take in an additional $265 million during current two-year budget cycle, officials said Tuesday. Kirsten Figueroa, commissioner for the Department of Administrative and Financial...

The worst-performing major economy also faces a budget crisis. Germany's leader vows fixes, but how?
FRANKFURT, Germany (AP) — German Chancellor Olaf Scholz vowed Tuesday that his government will work “as fast as possible” to solve a budget crisis, but he offered few details on how he would achieve his goals of promoting clean energy and modernizing the struggling economy after a court...

Putin signs Russia's largest national budget, bolstering military spending
MOSCOW (AP) — Russian President Vladimir Putin on Monday signed a national budget for the next three years that increases spending by around 25% and reportedly devotes a record amount to defense as the the country's military operation in Ukraine drags on. The budget foresees...
A historic theater is fighting a plan for a new courthouse in Georgia's second-largest city
COLUMBUS, Ga. (AP) — A historic theater is fighting a plan for Georgia's second-largest city to build a new courthouse, saying the new tower could harm the theater's building and programming. The Springer Opera House is collecting signatures on a petition asking the consolidated...

Russia's parliament approves budget with a record amount devoted to defense spending
Russia's parliament approved a federal budget Wednesday that increases spending by around 25% in 2024-2026 and devotes a record amount to defense. The budget was passed unanimously by the Federation Council — the upper chamber of the Russian parliament — and will be sent to...
EU will continue to fund the Palestinians as probe shows no money is reaching Hamas
BRUSSELS (AP) — The European Union will continue to provide substantial amounts of financial aid to the Palestinians after an investigation found that no money has been diverted to the militant group Hamas, the EU’s executive branch said Tuesday. The review of the use of hundreds...
