Latest Government budgets News
France’s government looks on the brink of collapse. What’s next?
PARIS (AP) — France’s minority government appeared to be in its final hours Tuesday as opposition lawmakers from the left and the far right vowed to topple Prime Minister Michel Barnier’s Cabinet. A no-confidence vote is scheduled Wednesday in parliament in the wake of a...
California lawmakers begin special session to protect state laws from second Trump presidency
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom and state lawmakers returned to the state Capitol on Monday to begin a special session to protect the state's progressive policies ahead of another Trump presidency. The Democratic governor, a fierce critic of President-elect...
French government faces no-confidence vote over Barnier's austerity budget
PARIS (AP) — French Prime Minister Michel Barnier is bracing for a no-confidence vote this week, a political reckoning almost certain to topple his fragile government and send shockwaves across the eurozone. Barnier on Monday invoked a rarely used constitutional mechanism to push...
Putin signs off record Russian defense spending as top EU officials visit Kyiv
KYIV, Ukraine (AP) — Russian President Vladimir Putin approved budget plans, raising 2025 military spending to record levels as Moscow seeks to prevail in the war in Ukraine. Around 32.5% of the budget posted on a government website Sunday has been allocated for national defense,...
France's government warns of 'big storm' as no-confidence vote looms
PARIS (AP) — France’s minority government may be on its last legs as opposition lawmakers moved this week toward a no-confidence vote. In a last-ditch effort to save themselves, Cabinet members warned of domestic and international turmoil if the government is toppled. Prime...
The IRS is at risk of losing $20 billion in funding without legislative intervention
WEST PALM BEACH, Fla. (AP) — Already bracing for funding cuts under a new Trump administration, U.S. Treasury officials are calling on Congress to unlock $20 billion in IRS enforcement money that is tied up in legislative language that has effectively rendered the money frozen. ...
Trump 2.0 has a Cabinet and executive branch of different ideas and eclectic personalities
WASHINGTON (AP) — Donald Trump’s personnel choices for his new Cabinet and White House reflect his signature positions on immigration and trade but also a range of viewpoints and backgrounds that raise questions about what ideological anchors might guide his Oval Office encore. ...
France's far right threatens to bring down the government over the planned budget
PARIS (AP) — French far-right leader Marine Le Pen said Monday that she could bring down France's minority government by the end of the year unless changes are made to the country's budget bill. Le Pen made her remarks after a meeting with conservative Prime Minister Michel Barnier...
The rising price of paying the national debt is a risk for Trump's promises on growth and inflation
WASHINGTON (AP) — Donald Trump has big plans for the economy — and a big debt problem that will be a hurdle to delivering on them. Trump has bold ideas on tax cuts, tariffs and other programs, but high interest rates and the price of repaying the federal government’s existing...
After Trump's Project 2025 denials, he is tapping its authors and influencers for key roles
WASHINGTON (AP) — As a former and potentially future president, Donald Trump hailed what would become Project 2025 as a road map for “exactly what our movement will do” with another crack at the White House. As the blueprint for a hard-right turn in America became a liability...
