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The budget keeps the deficit just inside prescribed limits despite an increase in new spending, by stepping up measures to boost revenue. Initiatives designed to target the…
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DOI: 10.1108/OXAN-DB286531
ISSN: 2633-304X
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States' revenues have fallen sharply while mandatory spending has surged; one projection sees their combined budgetary shortfall amounting to USD615bn over the next three years…
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DOI: 10.1108/OXAN-DB253994
ISSN: 2633-304X
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Containing stimulus measures worth over CDN100bn (USD80bn), it aims to nurture and sustain a post-COVID recovery that is now expected to see growth of 6.5% this year. However, it…
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DOI: 10.1108/OXAN-DB261043
ISSN: 2633-304X
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The latest Republican effort to retrench Obamacare federal outlays and protections, the Graham-Cassidy bill, stalled in the Senate due to insufficient signs of support, with the…
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DOI: 10.1108/OXAN-DB224752
ISSN: 2633-304X
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The missed payment marks the island’s second default of 2017 after missing payments in January. The federal fiscal control board imposed by the US Congress has given the indebted…