Britain’s government is due to release its annual budget amid the country’s worst economic crisis in decades. With a general election set to be held within weeks, Alistair Darling, the UK’s finance minister, is expected to offer some financial concessions to voters and measures to help cut Britain’s record deficit. Britain has forecast a deficit [...]
TOKYO — The Japanese government pushed a record ¥92.3 trillion budget through Parliament on Wednesday aimed at kick-starting growth in the long-stagnant economy — another round of spending that will add to Tokyo’s already burgeoning public debt. In a striking reversal of the privatization efforts of previous administrations, the government also said Wednesday that it [...]
WASHINGTON – Democrats in the House of Representatives on Thursday predicted weekend passage of a sweeping healthcare overhaul that budget analysts said would cut the U.S. deficit over 10 years and dramatically expand health coverage. President Barack Obama, who was scheduled to leave on an overseas trip on Sunday, postponed the trip to June to [...]
President Obama’s $3.8 trillion budget plan for fiscal 2011 will likely try to strike a balance between fiscal restraint and job creation when it is unveiled Monday.
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