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Financial Disarray

All articles tagged with #financial disarray

"RNC Financial Woes: Trump's Influence and Democratic Celebration"
politics1 year ago

"RNC Financial Woes: Trump's Influence and Democratic Celebration"

Democrats, including DNC Chair Jaime Harrison, are celebrating the Republican National Committee's financial struggles and staff layoffs following the election of Lara Trump as co-chair. The RNC has undergone sweeping changes, including laying off over 60 employees, and is facing criticism for prioritizing Donald Trump's legal bills over down-ballot races. Lara Trump has pledged to focus RNC resources on reelecting Donald Trump, election integrity, and overseeing elections in the country, drawing both support and criticism from different political figures.

Germany's Urgent Budget Crisis: What You Need to Know
politics2 years ago

Germany's Urgent Budget Crisis: What You Need to Know

German Chancellor Olaf Scholz has promised to present new budget plans "very quickly" to Parliament after a constitutional court ruling last week caused financial disarray and a €60 billion hole in the country's budget. The ruling has delayed next year's budget and may require an emergency budget for this year. Scholz's coalition is determined to move forward with new budget plans but has not specified where spending cuts will be made. The ruling will likely limit the use of special funds to circumvent the debt brake, and legal experts argue that a supplementary emergency budget will be necessary to account for energy subsidies. Finance Minister Christian Lindner evaded making a clear reply on potentially relaxing debt rules for this year.