Category: 2023 federal budget

Money Will Come, Vic Premier Says After Games Snub

Victoria remains confident funding will come to host the 2026 Commonwealth Games despite being snubbed in the federal budget. Treasurer Jim Chalmers instead announced $3.4 billion (US$2.3 billion) across ten years for the 2032 Olympic Games in Queensland, supporting venue infrastructure including $2.5 billion to develop Brisbane Arena. To be shared across a number of…


US Federal Budget Deficit Hits $1.1 Trillion

The U.S. federal budget deficit has exceeded a $1 trillion in the first half of fiscal year 2023, with revenues declining and outlays growing. The budget deficit between October 2022 and March 2023 is estimated to be at $1.1 trillion, according to a report (pdf) by the Congressional Budget Office (CBO) on April 10. This…