Keywords: Federal budget
Russian donors have contributed billions of dollars to the federal budget this year as the government faces rising costs linked to the war in Ukraine and growing pressure on public finances. According to Russian media reports citing the Finance Ministry, donations to Russia's federal budget reached......
Republicans in the U.S. House of Representatives have introduced a $95 billion budget framework that would boost defense and intelligence spending while allocating funding to support the implementation of parts of former President Donald Trump's election integrity agenda. The proposal, released......
Germany's draft federal budget for 2027 projects borrowing of more than €203 billion, reflecting the country's continued departure from its long-standing fiscal restraint as it prioritizes economic recovery, infrastructure modernization and national security. According to the draft budget,......
The United States diplomatic mission in Morocco has returned to normal operations following the signing of the 2026 federal budget by President Donald Trump. In an official statement on Wednesday, the US Embassy in Morocco confirmed that all diplomatic activities have resumed after the enactment of......
The United States is facing a potential economic reckoning as its national debt surpasses an unprecedented $38 trillion, according to warnings from David Solomon, CEO of Goldman Sachs. Speaking at the Economic Club of Washington, Solomon emphasized the critical need for sustained economic growth to address......
House Speaker Mike Johnson faced significant challenges rallying Republican lawmakers to pass President Donald Trump’s signature “One Big Beautiful Bill Act,” a sweeping tax and spending package that narrowly cleared a procedural hurdle in the early hours of Thursday morning. The legislation,......
Elon Musk, the billionaire entrepreneur and CEO of Tesla, has announced his departure from President Donald Trump’s administration, where he served as a Special Government Employee focused on reducing federal expenditures. Posting on the social media platform X, Musk expressed gratitude for the......
In a bold move, U.S. President Donald Trump's administration has unveiled a proposal for a staggering $163 billion reduction in the federal budget, with significant implications for domestic programs. This budget plan seeks to drastically cut spending on education, housing, and medical research in......
Billionaire Elon Musk and entrepreneur Vivek Ramaswamy are stepping onto Capitol Hill to champion a bold new initiative under President-elect Donald Trump’s "Save America" agenda. The duo has been tasked with leading the Department of Government Efficiency (DOGE), a controversial effort......
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