Tag: Government budgets
The rising price of paying the national debt is a risk for Trump's promises on growth and inflation
WASHINGTON -- WASHINGTON (AP) — Donald Trump has big plans for the economy — and a big debt problem that will be a...
Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor
WASHINGTON -- WASHINGTON (AP) — President-elect Donald Trump announced Friday that he'll nominate hedge fund manager Scott Bessent, an advocate for deficit reduction,...
Moody's downgrades Mexican government's outlook to 'negative' over weakening of judiciary and debt
MEXICO CITY -- Mexico’s president lashed out Friday at Moody’s ratings service, after it downgraded the Mexican government’s debt outlook to “negative.” Moody’s...
Financial market worries over the UK budget appear to ease
LONDON -- Worries about this week's tax-raising U.K. budget within financial markets appeared to ease Friday with the interest rates charged on British...
UK Treasury chief admits business tax rise could lead to lower than anticipated wages
LONDON -- U.K. Treasury chief Rachel Reeves conceded Thursday that wages may rise by less than previously thought as a direct result of...
More spending and tax hikes expected in the first budget from Britain's Labour government
LONDON -- British Treasury chief Rachel Reeves will deliver her first budget in Parliament on Wednesday, a tightrope act that aims to find...