budget cuts
France's 2026 Budget Plan: €30 Billion Fiscal Tightening Through Taxes and Spending Cuts
Oct 20, 2025 07:47 pm CST
French Prime Minister Sebastien Lecornu presents a comprehensive 2026 budget proposal aimed at strengthening public finances by €30 billion through a combination of spending cuts and new taxes. The plan faces challenges in a divided parliament and includes significant measures targeting wealth, high earners, and corporations while suspending President Macron's controversial pension reform.
Trump Administration Leverages Government Shutdown to Reshape Federal Workforce with Mass Layoffs
Oct 02, 2025 03:52 pm CST
President Donald Trump is using the ongoing government shutdown as an opportunity to transform the federal workforce through threatened mass layoffs and significant budget cuts to Democrat-supported programs. Rather than implementing standard furloughs, the administration has announced imminent layoffs as the shutdown enters its second day, with economic impacts potentially extending into October affecting approximately 750,000 federal workers daily.
Karnataka May Plan Budget Cuts To Raise Rs 70,000 Crore For Irrigation Scheme
Sep 19, 2025 02:33 pm CST
Karnataka's Health, Education, and Urban Development departments may face a 10 per cent budget cut as Siddaramaiah's government tries to raise up to Rs 75,000 crore - spread over four years - for the Upper Krishna irrrigation project (Phase III).
Over 5,00,000 Protest In France Against Macron's Austerity Policies
Sep 19, 2025 12:58 am CST
French protesters were on Thursday staging a day of nationwide disruption in a show of anger over President Emmanuel Macron's budget policies, with mass protests expected, transport chaos and clashes between police and demonstrators.
100 Days Later, US Federal Workers Navigate Wreckage From Musk's DOGE
Sep 15, 2025 10:38 am CST
Roughly 100 days after Elon Musk's dramatic departure from the Trump White House, federal workers are still grappling with the lasting damage from his Department of Government Efficiency (DOGE).