Budget
Coverage of Budget in the Nexus archive.
- North Carolina's $34.4 billion budget signed into law by Gov. Josh Stein
North Carolina's $34.4 billion budget was signed into law by Gov. Josh Stein on Tuesday morning. The budget is now official state law following the governor's approval.
- Germany: Record debt and a seismic policy shift
Germany's 2027 draft budget allocates more funds to the military while reducing spending on other areas, leading to rapid debt growth. The Cabinet has approved the budget, which now requires parliamentary approval.
- NC budget heads to Governor Stein for approval
North Carolina’s budget is now with Governor Josh Stein after the House and Senate approved it in bipartisan fashion. The budget passed with 8 Democrats in the state Senate voting in favor. Governor Stein has 10 days to sign, veto, or allow it to become law without his signature.
- Manny Yekutiel’s alleged victim reported to SF Dems’ assault hotline. They did nothing
An alleged victim of Manny Yekutiel reported the assault to the San Francisco Democrats' hotline, but the organization took no action. Additional reports mention Yale University's potential relocation to San Francisco and Governor Gavin Newsom signing his final state budget.
- Mamdani’s latest whopper turns the truth about socialism on its head
Mayor Zohran Mamdani claims that the budget he recently passed demonstrates that socialists comprehend the economy as effectively as capitalists and are addressing issues left by capitalists.
- Mamdani’s NYPD cut ‘blindsided’ City Council — leaving pols bracing for other surprises in $126B budget they passed
Mayor Zohran Mamdani's last-minute removal of nearly 600 promised new NYPD cops from the city's $126B budget surprised City Council members, who are now preparing for further unexpected changes. The cut was revealed to City Council Speaker Julie Menin late Monday after a backroom agreement was reached.
- Last-minute deal hands Gov. Sherrill notable wins in her first NJ budget
New Jersey Gov. Mikie Sherrill Sherrill secured much of what she requested in her first budget through a last-minute deal, though critics highlighted concerns about transparency and increased spending on pet projects.
- Députés, plus que 6 mois pour être utiles
French deputies have less than six months to pass laws on budget, justice, security, housing, agriculture, and child violence before their work stops on 28 February 2027, two months before the presidential election. The article questions whether all issues can be addressed and explores political dynamics around Sébastien Lecornu's legislative goals.
- Mamdani sacrifices safety by cutting the NYPD: Councilman
A councilman criticizes Mayor Zohran Mamdani’s $125.8 billion budget for not adding any NYPD officers, arguing it sacrifices safety. The budget maintains the current number of NYPD officers without increases.
- Mamdani’s $126B budget soars nearly 10% from last year, leaving NYC on verge of fiscal crisis
Mamdani’s $126 billion budget increased by approximately 8.5% from last year’s $116 billion plan, with no significant cuts. The budget expansion has left New York City on the verge of a fiscal crisis.
- What else is in Virginia’s new budget?
Virginia’s new budget for the next two fiscal years has been finalized, and 8News is examining its contents in detail.
- Virginia budget finalized after months-long battle
Virginia finalized its two-year budget after a month-long battle, meeting the July 1 deadline. The budget covers the next two fiscal years.
- How will the ‘King of the North’ tax the wealth of the south?
The article discusses potential tax increases targeting wealthier individuals in the south under Andy Burnham’s first Budget. It highlights concerns about how these measures might affect better-off Britons.
- After the budget
The government secured parliamentary approval for the FY27 budget, which aligns with IMF requirements but lacks meaningful structural reforms. Finance Minister Muhammad Aurangzeb emphasized growth potential under stable energy prices, though the budget perpetuates reliance on consumption, remittances, and real estate, with minimal progress on tax system improvements or export-led growth strategies.
- Clarksville city council rejects budget for third time as tax debates continues
Clarksville city council has rejected the city's budget for the third time amid ongoing tax debates. The council remains deadlocked after weeks of discussions and multiple special meetings.
- FIRST AID: German pharma joins Trump pricing fight
German pharmaceutical companies are joining efforts related to Trump's pricing initiatives. The article also mentions topics such as tobacco taxes, budget discussions, and an overview of the week ahead.
- Will Lake Loveland Swim Beach open for this summer?
Lake Loveland Swim Beach in Loveland, Colorado, was closed in 2024 due to budget and staffing challenges, disappointing residents who valued it as a free, safe water activity for families. The city cited revenue shortfalls from lost sales tax as a key factor, with closure confirmed in the 2025 budget. Residents question if funding could be reallocated to reopen the beach.
- Kerala Budget: Budget announces industry benefits to tourism sector
The Kerala Budget proposes legal amendments to allocate more land from the plantation sector for tourism development. The initiative aims to enhance industry benefits within the tourism sector.
- Budget brings little cheer to Kochi
The budget announcement in Kochi failed to generate significant positive reaction. Residents and stakeholders expressed limited optimism about the proposed financial measures.
- Kasaragod gets special focus in revised Budget
The revised Budget accelerates special development packages for the backward districts of Kasaragod, Wayanad, and Idukki. These initiatives aim to boost development in these regions.
- FY2026-27: KP CM presents Rs2.17tr budget, with estimated fiscal deficit of Rs48bn
Khyber Pakhtunkhwa Chief Minister Sohail Afridi presented a Rs2.17 trillion provincial budget for FY2026-27 with an estimated fiscal deficit of Rs48 billion. The budget was approved by PTI legislators, though its presentation was delayed due to demands for a meeting with incarcerated PTI founder Imran Khan. The government pledged to cover the deficit using local resources and rejected loans.
- Austin ISD approves budget, preserves full-time librarians at every campus
Austin ISD trustees approved a budget to address an $181 million deficit for the 2026-27 school year while preserving full-time librarians at every campus.
- Austin ISD to vote on final budget tonight
The Austin ISD Board of Trustees is set to vote on the final budget for the 2026-27 school year tonight (June 18).
- Speaker Scott says Sen. Lucas has sparked ‘civil war’ among Democrats over budget, more headlines
Speaker Scott claims Sen. Lucas has sparked a 'civil war' among Democrats over the budget. Other headlines mention opposition to data centers in Northern Virginia, an FBI raid involving Sen. Lucas, and the 2026 race for Virginia's 4th Congressional District.
- HARVEST: Showdown day for gene editing rules
The article discusses a critical day for gene editing regulations, focusing on topics including seeds, CMO, budget, and livestock. The showdown highlights ongoing debates or decisions related to these areas.
- Capitol’s perpetual rivalry on display as Newsom and legislators clash over budget
The article details historical and current tensions between California governors and legislators over budget priorities. Gray Davis clashed with legislative leaders in 1999 over education versus health insurance focus, while Gavin Newsom faces similar disputes over his $349.4 billion budget, which includes spending cuts on services like Medi-Cal that legislators and advocates oppose.
- Beyond the numbers
The government's budget includes tax reductions for the salaried class and industry incentives but faces criticism for continuing reliance on real estate and bureaucratic salary increments. While some fiscal concessions are noted, the budget is deemed non-transformative and insufficient for sustainable growth.
- FIRST AID: French far right woos vapers
The French far right is targeting vapers as part of its outreach efforts. The article also covers topics such as drug pricing and budget discussions.
- Farmers feel left out as budget sidelines agriculture
Farmers in Pakistan express anger and helplessness as the government budget overlooks agriculture, a sector contributing 25% of GDP and employing 33% of the workforce. The budget speech contains minimal references to agriculture, with no meaningful policy direction or allocations, despite rising production costs and market instability affecting farmers.
- Budget presser
Pakistan's Finance Minister Muhammad Aurangzeb presented a budget aiming to balance relief, growth, and fiscal consolidation, but it faces challenges in revenue collection and tax reform. The government claims a shift from stabilization to growth, yet reliance on untested mechanisms for tax collection and unresolved structural issues like low tax-to-GDP ratios remain critical risks.
- House Speaker Matt Hall threatens budget stall over impasse with Senate Dems
House Speaker Matt Hall threatens to stall the budget due to a legislative impasse with Senate Democrats. The conflict between Matt Hall and Senate Majority Leader Winnie Brinks has led to lawsuits between the legislative chambers.
- Documenters report: Minneapolis school board approves budget for next school year
The Minneapolis Board of Education approved a budget for the next school year, along with resolutions addressing school transformation and the proposed Anishinabe Academy building. The budget deficit decreased from $50 million to $37 million, and about 100 positions were restored. Public comment sessions included concerns over school closures and the Anishinabe Academy project, with revised guidelines prioritizing current students, caregivers, and staff.
- PM Shehbaz stresses importance of country's 'strong security' ahead of budget presentation
Prime Minister Shehbaz Sharif emphasized the importance of strong security for national progress during a federal cabinet meeting ahead of the budget presentation. He acknowledged past tax increases due to economic stabilization efforts and noted inflation had declined to single digits, though it recently rose due to the Middle East conflict. The premier also expressed gratitude to Pakistan's citizens for enduring economic challenges.
- FIRST AID: Budget knives out for health
The article discusses budget cuts impacting health and covers topics such as Swiss migration, Ebola, and wastewater. It highlights the connection between health policy and various global issues.
- HARVEST: Manic Friday
The article covers topics related to fertilizers, budget discussions, and EU-US relations in the context of a 'Manic Friday' associated with harvest activities.
- NHS boss says he 'doesn't buy that we need a lot of extra money' and argues it performs better when on a tight budget
An NHS boss claims that the organization does not require additional funding and argues that its performance improves under tight budget constraints.
- As end of session looms, NC Republican leaders push back expected budget date
NC Republican leaders have delayed the state budget's expected release from mid-June to possibly the end of June. Despite a May framework agreement addressing tax policy and salary increases, no bill text has been released, with delays linked to disagreements over property tax measures and local budget concerns ahead of the June 30 deadline.
- Extra Extra: Let's welcome NYC's newest area code: 465
New York City has introduced a new area code, 465. The article highlights Governor Hochul stating that Mamdani is responsible for next year's budget, a house for sale in Washington Square Park, and the possibility of the Empire State Building being part of the Knicks' logo design.
- Illinois Passes $56B Budget as Bears Deal Stalled
Illinois has passed a $56 billion budget. A deal involving the Bears remains stalled.
- FIRST AID: MEPs gear up for tobacco fight
MEPs are preparing to address tobacco-related issues focusing on aggressive marketing, budget, and pharmaceutical aspects. The article highlights their efforts to combat tobacco through legislative action.