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The Latest Breaking News from Budget

Brandon Johnson not taking Lori Lightfoot’s word on city finances

With his financial team now in place, the new mayor will do his own forecast and hold several community meetings next month. His predecessor’s “midyear” budget forecast in April claimed an $85 million shortfall — among the lowest in recent Chicago history.

Chicago Sun-Times

Experts suggest hiking entertainment tax and other measures to mop up revenue for implementing five guarantees

As the Congress government in Karnataka has begun implementing its five guarantees promised in the party’s poll manifesto, experts in different fields have suggested increasing the entertainment tax, much of which comes from the well-off, and increasing non-tax revenue, largely in the form of user charges for services, for meeting…

The Hindu

Micheál Martin vows help's on the way for cash-strapped mortgage holders - but not until Budget time

Homeowners have been hit with another hammer blow of an interest rates hike, but Tanaiste Micheal Martin has promised help is soon coming

Irish Mirror

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Why the crossbenches are a minority sport

All smaller political parties seek to be in a position of influence, ideally through coalitions or support agreements – but there are risks

Newsroom.co.nz

Omar elevated to No. 2 slot among House Budget Democrats - Roll Call

Rep. Ilhan Omar, who was booted off the House Foreign Affairs Committee earlier this year, won a consolation prize Wednesday.

Roll Call

Alzheimers NZ calls for urgent cash injection

The situation for people living with dementia is becoming increasingly hopeless with most people not able to get the help and support they so desperately need, Alzheimers New Zealand has warned government ministers.

Newsroom.co.nz

Paschal Donohoe 'expects' cost-of-living measures may be needed in October's Budget

Following a stark warning that the Government must stick to spending rules in the Budget, Public Expenditure Minister Paschal Donohoe indicated that some cost-of-living measures may be required

Irish Mirror

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Luxon's infrastructure pledges don't mention climate

National’s five-point infrastructure plan contains some familiar elements.

Newsroom.co.nz

Data | Parliament functioning registers a new low

The 17th Lok Sabha could be the shortest full-term Lok Sabha since 1952

The Hindu

Top news developments in Karnataka on June 2, 2023

Here are the key news stories to watch out for from Karnataka and Bengaluru on June 2, 2023

The Hindu

All eyes on Cabinet meeting today over modalities of ‘guarantees’

The State Cabinet is meeting on Friday amid expectations on a decision to implement the five pre-poll ‘guarantees’ given by the Congress. While the Finance Department on Wednesday provided multiple options to implement these guarantees through a presentation to the Council of Ministers, the final contours would be known on…

The Hindu

Claims Defence's 'core funding' slipping while Australia continues purchasing military equipment overseas

New budget analysis finds the Australian Defence Force is receiving less "core funding" than before the last election, with parliament this week set to also scrutinise recent controversial overseas military spending decisions.

ABC News

Budget row rumbles on as Fianna Fáil minister accuses Fine Gael of 'throwing out figures'

Despite the fact that the Budget is not scheduled to take place until October, the row between Fianna Fáil and Fine Gael looks set to continue this week

Irish Mirror

Housing: a public policy disaster for 30 years

A major social housing conference this week heard that all parts of the system need a long term vision and goals, but that the crisis has been decades in the making and won’t be turned around quickly.

Newsroom.co.nz

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Kiplinger

AARP Travel Deals and Tips for Your Next Vacation

Use these AARP travel deals during your next vacation to save on hotels and rental cars.

Irish Mirror

Tánaiste contradicts Fine Gael's Budget calls that would benefit middle-income earners

It comes days after in-fighting in the coalition after Fine Gael ministers wrote an opinion piece calling for €1,000 tax breaks for middle-income earners

The Times of India

I-T exemption limit for leave encashment upon retirement for salaried employees hiked to Rs 25 lakh

NEW DELHI: In line with the Budget announcement, the finance ministry on Thursday hiked the tax exemption limit for leave encashment upon retirement for private sector salaried employees to Rs 25 lakh.

Irish Mirror

Tánaiste hits back with fiery response to Fine Gael ministers calling for Budget measures

There is also anger after Taoiseach, Leo Varadkar told the Dáil there will be pension increases as part of October’s Budget

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news in one place.

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Dublin Live

Social welfare Ireland: One group confirmed to get weekly payment increase in coming months

Taoiseach Leo Varadkar promised the increase will be in the next budget

Irish Mirror

Taoiseach promises pension hike in budget and says elderly will be looked after

“I can absolutely assure the Deputy of one thing: there will be a further increase in the weekly pension"

Newsroom.co.nz

This is the biggest house sale loss – but worse is to come as interest rates rise

Today's Reserve Bank rates decision is heralded by economists as its most important since Covid. An anticipated OCR hike will put new pressure on mortgaged homeowners in election year. Jonathan Milne reports.

Newsroom.co.nz

Raw Politics: Labour rebrands itself, Luxon's business whispers

This week on the Raw Politics podcast: Labour rebrands as 'The Chris Hipkins Government', Christopher Luxon faces a tired old rumour mill - and a Budget that makes small points well.

Newsroom.co.nz

Budget 2023 won't move dial on R&D 'hole'

The Govt is committed to a target of getting investment to 2% of GDP as a way to “help build a high-skill, knowledge-based and more productive economy”. This is not a Budget to get us there.

Newsroom.co.nz

Budget 2023: Dropping $5 charge good for health, and business

Some pharmacies calling for scrapping prescription charges may in fact benefit

Newsroom.co.nz

Cheaper childcare not so 'win-win'

Budget 2023 makes childhood education cheaper and boosts teacher pay, but long delays in rolling out new policy has people in the sector scratching their heads

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