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Spending cuts

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EU Referendum: 30 MPs and peers demand government removes pro-EU websites by end of week

Telegraph.co.uk - ‎May 24, 2016‎
Boris Johnson, the former London mayor, has joined 30 MPs and peers calling for the government to remove all pro-EU links on government websites by Friday.
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Brazil: Interim President Spearheads Public Spending Cuts

PanAm Post - ‎9 hours ago‎
EspañolInterim President of Brazil Michel Temer announced a spending plan Tuesday, May 14 that includes a series of cost-cutting measures. The decision comes after officials revealed the size of the country's public debt, which hovers somewhere around ...

Congress to weigh spending cuts to US securities regulator

Reuters - ‎May 24, 2016‎
The bill would also rescind leftover balances of the SEC's reserve fund, prohibit the regulator from requiring corporations to disclose political spending, and impose "reporting requirements to improve transparency, accountability, and fairness" from ...
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Iraq Sticks to Oil Output Growth Plan Despite Spending Cuts

Rigzone - ‎May 24, 2016‎
Indeed, oil companies have warned Iraq that projects will be delayed if the government insists on drastic spending cuts this year.
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Brexit 'could force more cuts in public spending'

The Star - ‎20 hours ago‎
IFS director Paul Johnson said: “Getting to budget balance from there, as the government desires, would require an additional year or two of austerity at current rates of spending cuts. “Or we could live with higher borrowing and debt.” While the ...

Qatar cuts spending on new health facilities – official

euronews - ‎15 hours ago‎
DUBAI (Reuters) - Qatar has cut its planned spending on building healthcare facilities by about two-thirds this year following the drop in energy prices but expenditure on its World Cup-related projects should be unchanged, an official said on Wednesday.

CPS principals rally Wednesday, draw attention to extreme budget cuts

WLS-TV - ‎13 hours ago‎
Chicago Public Schools principals recently received their preliminary budgets for next year, and they reflect massive spending cuts. For some schools, there are cuts of up to 40 percent in the base amount schools received for each student. On Wednesday ...
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Greek MPs Pass New Spending Cuts, Tax Hikes as Reforms Move Forward

Voice of America - ‎May 22, 2016‎
Greek lawmakers on Sunday approved fresh spending cuts and tax hikes demanded by European creditors in exchange for a new installment of desperately needed bailout funds.
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Election 2016: Budget update says big spending cuts, or tax rises, needed to reach surplus

The Sydney Morning Herald - ‎May 19, 2016‎
Treasury and finance have warned both sides of politics that big spending cuts, or higher taxes, will be essential if the budget is to be returned to surplus.

Mark Lister: I'd forgo a tax cut for spending on transport and housing

New Zealand Herald - ‎9 hours ago‎
There isn't likely to be much in the Budget to drive any big moves in shares, the currency or interest rate markets. Those days seem to be gone, under Bill English, who favours "no surprises" affairs.
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House bill increases NASA planetary spending, but cuts off Asteroid Redirect Mission

SpaceNews - ‎May 23, 2016‎
House bill increases NASA planetary spending, but cuts off Asteroid Redirect Mission. by Jeff Foust - May 23, 2016. fancyARRM The report accompanying a House spending bill would provide no money for NASA's planned Asteroid Redirect Mission. Credit: ...

The Budget Cuts Disarming The Environmental Fight In Massachusetts

Huffington Post - ‎May 24, 2016‎
Basic environmental protections for Massachusetts residents have unraveled in the last 15 years as deep budget cuts and shifting political priorities take hold.

Farmers applaud responsible budget and urge tax cuts

Scoop.co.nz (press release) - ‎3 hours ago‎
"We strongly support the increase in funding for science and technology and also welcome new spending on skills, transport, establishment of a Freshwater Improvement Fund, regional development, and commitments to fund TB control and to contain the ...
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NZ Budget 2016: Is there room for tax cuts next year?

Scoop.co.nz (press release) - ‎4 hours ago‎
“Everyone is looking to an election year, but the question remains whether or not this Budget leaves the Government with room for much at all, whether a spending war chest or tax cuts” said PwC Partner Richard Forgan. “And if tax cuts do emerge, they ...

How government spending cuts can be a catalyst for radically better public services

City A.M. - ‎May 22, 2016‎
In the fallout over the recent Budget, government spending was once again in the spotlight. But while the row centred on benefits at a national level, it's social care managed by local authorities that is currently entering a period of intense crisis ...
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Abu Dhabi Spending Cuts May Have Exacerbated Oil-Led Slowdown

Bloomberg - ‎May 17, 2016‎
Abu Dhabi, which sits on 6 percent of global oil reserves, cut spending by a fifth in 2015 and plans a further 17 percent reduction this year, according to the government's bond prospectus.
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Abu Dhabi to ease budget spending cuts, says ratings agency Moody's

The National - ‎May 16, 2016‎
The emirate cut public spending by about 20 per cent in 2015 after the hit to oil prices led Abu Dhabi to run a fiscal deficit of 13.2 per cent of GDP that year, according to estimates from Fitch.
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Exclusive: BP exploration boss leaves after spending cuts

Reuters - ‎May 17, 2016‎
LONDON The head of exploration at BP (BP.L), Richard Herbert, is leaving the British oil major after slightly more than two years in the job, a period in which the company slashed spending on the search for new deposits. Herbert, a BP veteran and a ...
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Exclusive: Iraq oil projects face delays as companies resist spending cuts

Reuters - ‎May 13, 2016‎
BAGHDAD International oil firms have warned Iraq that projects to increase its crude output will be delayed if the government insists on drastic spending cuts this year, a senior Iraqi oil official said on Friday. Oil companies helping Iraq develop its ...

Salaries, Pensions Not Excluded from Automatic Spending Cuts in Greece

Greek Reporter - ‎May 19, 2016‎
Wages and pensions are not excluded from the automatic spending cuts the Greek government is obligated to make if it fails to reach fiscal targets in 2017.
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