Category: budget

Quebec to Pay $9.5 Billion in Debt Interest This Year: Think Tank

Quebec will pay $9.5 billion in debt interest this year, equivalent to all the income tax paid by 1.5 million Quebecers, says think tank MEI. In other words, almost 85 percent of all the people in Montreal will pay all their income tax to just cover the debt interest. “The government is no longer paying…


LIVE NOW: Secretary of State Blinken Testifies to Senate on Diplomacy, Global Leadership, Budget

U.S. Secretary of State Antony Blinken Testifies to the Senate on Diplomacy, Global Leadership, Budget at 2:30 p.m. ET on March 22. …


Secretary of State Blinken Testifies to Senate on Diplomacy, Global Leadership, Budget

U.S. Secretary of State Antony Blinken Testifies to the Senate on Diplomacy, Global Leadership, Budget at 2:30 p.m. ET on March 22. …


Income Tax Cuts Expected as Quebec Finance Minister to Table Budget Today

Quebec Finance Minister Eric Girard is scheduled to table the first budget of the Coalition Avenir Québec’s second mandate this afternoon. Girard broke with tradition on Monday—instead of buying new shoes ahead of the budget, he announced a $5,000 donation to a Quebec City community centre. He said today’s budget will also include $50 million…


‘Narrowly Focused and Fiscally Responsible’: Finance Minister Freeland Outlines Priorities for 2023 Budget

Finance Minister Chrystia Freeland said the federal government plans to make “two significant and necessary investments” in the next budget, namely in health care and in building a green economy, while promising to be “narrowly focused and fiscally responsible” to fight inflation. “The truth is, we can’t fully compensate every single Canadian for all of the effects…


Conservative Budget Proposal Draws Fire from White House over Border Security

The White House claims that a budget plan proposed this month by the conservative House Freedom Caucus (HFC) would make the southern border less secure by removing funds for Customs and Border Protection (CBP) employees and limiting the capacity to fight drug trafficking. The White House described the HFC’s proposal for changes to the Biden administration’s budget…


£11 Billion Increase in Defence Spending Is Not Enough to Combat Russia and China, Says MP

An £11 billion increase in defence spending, announced in Chancellor Jeremy Hunt’s budget on Wednesday, will not be enough to regenerate the “hollowed-out” British Army, a senior MP has warned. Tobias Ellwood, a Conservative and former captain in the British Army who chairs Parliament’s defence committee, said the bulk of the money announced by Hunt…


LIVE 3 PM ET: GPO, GAO, and CBO Heads Testify to Senate Appropriations Subcommittee on 2024 Budget Requests

The heads of Congressional Budget Office (CBO), the Government Accountability Office (GAO), and the Government Publishing Office (GPO) testify to the Subcommittee on the Legislative Branch of the Senate Committee on Appropriations on March 15. Witnesses Hugh N. Halpern Director Government Publishing Office Gene L. Dodaro Comptroller General Government Accountability Office Dr. Phillip Swagel Director…


LIVE NOW: GPO, GAO, and CBO Heads Testify to Senate Appropriations Subcommittee on 2024 Budget Requests

The heads of Congressional Budget Office (CBO), the Government Accountability Office (GAO), and the Government Publishing Office (GPO) testify to the Subcommittee on the Legislative Branch of the Senate Committee on Appropriations on March 15. Witnesses Hugh N. Halpern Director Government Publishing Office Gene L. Dodaro Comptroller General Government Accountability Office Dr. Phillip Swagel Director…


GPO, GAO, and CBO Heads Testify to Senate Appropriations Subcommittee on 2024 Budget Requests

The heads of Congressional Budget Office (CBO), the Government Accountability Office (GAO), and the Government Publishing Office (GPO) testify to the Subcommittee on the Legislative Branch of the Senate Committee on Appropriations on March 15. Witnesses Hugh N. Halpern Director Government Publishing Office Gene L. Dodaro Comptroller General Government Accountability Office Dr. Phillip Swagel Director…