All articles tagged with #budget crisis
Originally Published 3 days ago — by The Economist
France is experiencing a political and economic crisis, failing to pass a budget for 2026 amid parliamentary battles, with its public finances remaining in disarray despite improvements in other European countries.
Originally Published 2 months ago — by HuffPost
Amid the longest government shutdown in U.S. history, President Donald Trump is leaving for a five-day trip to Asia, while Congress remains gridlocked over funding and health care subsidies, impacting federal workers and social programs.
Originally Published 3 months ago — by AP News
The Trump administration has begun mass firings of over 4,000 federal employees across various agencies as part of efforts to pressure Democratic lawmakers amid a government shutdown, escalating tensions and affecting multiple departments including Education, Treasury, and EPA, while also involving broader political and international issues.
Originally Published 3 months ago — by BBC
French President Emmanuel Macron reappointed Sébastien Lecornu as Prime Minister after a brief resignation, amid political turmoil and challenges in forming a stable government to address France's high public debt and budget deficit, with Lecornu facing a tight deadline and opposition from various political factions.
Originally Published 3 months ago — by CNBC
The Trump administration has begun laying off federal workers amid the ongoing government shutdown, marking a significant escalation in the crisis as negotiations in Congress continue to falter over funding and healthcare provisions.
Originally Published 3 months ago — by Politico
The Trump administration is exploring options to ensure military pay during the ongoing government shutdown, including shifting funds or pushing for a standalone bill, amid political disagreements and a deadlock in Congress over funding measures.
Originally Published 3 months ago — by The Hill
House Minority Leader Hakeem Jeffries stated he has not heard from the White House since a Monday meeting with President Trump, amid ongoing negotiations and a government shutdown due to failed funding bills, with both sides blaming each other and the White House viewing the shutdown as a political advantage.
Originally Published 3 months ago — by Politico
Amid the ongoing government shutdown, the Biden administration plans to begin mass layoffs of federal workers within days, citing the shutdown as the cause, while lawmakers debate measures to address the crisis and its impact on services and personnel.
Originally Published 3 months ago — by NPR
Congress is deadlocked over government funding and health care subsidies, with a midnight deadline approaching for a shutdown. Democrats and Republicans remain at an impasse, with disagreements over extending ACA subsidies and funding measures, risking delays in services and federal worker layoffs. President Trump acknowledged the likelihood of a shutdown, while negotiations continue without resolution.
Originally Published 3 months ago — by The New York Times
Federal workers face uncertainty and potential unpaid layoffs as the government approaches a shutdown due to unresolved budget issues, with some agencies preparing contingency plans amid White House threats of further layoffs and minimal public communication, raising concerns about disruptions to government services and the well-being of federal employees.
Originally Published 3 months ago — by Bloomberg.com
The US government faces a shutdown threat with the White House planning to permanently lay off federal workers in programs not aligned with Trump's priorities if funding lapses, escalating political tensions and risking economic disruption, especially for federal employees and the labor market.
Originally Published 3 months ago — by BBC
The White House has instructed federal agencies to prepare for mass layoffs if Congress fails to prevent a government shutdown by September 30, amid ongoing budget negotiations and political disagreements, with Democrats criticizing the move as intimidation.
Originally Published 3 months ago — by CNN
The White House budget office has instructed federal agencies to prepare for mass layoffs if the government shuts down, targeting programs not legally required to continue, as part of a broader effort to reduce the federal workforce amid a funding standoff with Democrats.
Originally Published 3 months ago — by The New York Times
The UN is marking its 80th anniversary amid global turmoil, including wars in Ukraine, Gaza, and Sudan, a looming budget crisis, and questions about its relevance, with world leaders gathering in New York to discuss these pressing issues.
Originally Published 4 months ago — by BBC
President Macron appointed Sébastien Lecornu as France's new Prime Minister to lead a minority government focused on tackling the country's rising public debt and securing political stability amid a hung parliament and upcoming protests.