US President Donald Trump's administration is planning to eliminate major funding in the budget proposal for fiscal year 2026, the New York Times reported on Friday.Documents that will be presented to Congress next week include plans to cut millions of dollars from programs like child support,...
Taiwan's Cabinet Spokesperson Michelle Lee said on Tuesday that the government will request from the Parliament to unfreeze T$138.1 billion ($4.25 billion) in funds.In a social media post, Lee stated that the government is seeking a constitutional court review of the approved budget and a...
French Prime Minister Francois Bayrou said on Tuesday that France must reduce its budget deficit, as the war between Russia and Ukraine, along with United States President Donald Trump's "hurricane," is leading to a "tsunami of destabilization." "The president of the United States has started a...
South Korea's Finance Minister Choi Sang-mok (pictured) proposed raising the size of a planned extra budget to 12 trillion won ($8.43 billion) to address the "most pressing issues" the country is facing, according to Yonhap.
Speaking during a meeting with ministers handling economic affairs, Choi...
The United States House of Representatives passed on Thursday the GOP's budget resolution, made to advance US President Donald Trump's "big, beautiful bill," with a 216-214 vote.Despite initially having to delay the vote due to a lack of support, US House Speaker Mike Johnson managed to...
United States House Speaker Mike Johnson said on Thursday that he thinks Republicans have enough votes to pass a budget resolution today. The vote is expected around 10:20 am ET (4:20 pm CET).Johnson was forced to delay yesterday's vote as it did not attract enough support from lawmakers in...
United States House Speaker Mike Johnson delayed a vote on the Senate's budget blueprint, aimed at advancing President Donald Trump's domestic agenda, as it became clear that too many Republicans would vote against it.
Johnson opted to delay the vote despite voicing his optimism earlier...
United States House Speaker Mike Johnson said on Wednesday that he's still looking to stage a vote later in the evening on a Senate-approved budget resolution, noting, however, that he's still working toward a "final consensus."
"We're continuing to have discussions. The intention is to have the vote...
United States President Donald Trump voiced strong support for the Senate budget plan, urging Republicans in both chambers to rally behind it. In a statement, he praised Speaker of the House Mike Johnson and Senate Majority Leader John Thune for their efforts to advance what he called "our...
United States President Donald Trump urged Congress on Wednesday to pass what he called "one big beautiful" bill that will involve significant tax and spending cuts."There will be no bill like this, one bill is gonna straighten out our country for many years to come," Trump said. "We need to pass this bill...
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