Consumer spending grows by 3.1% in 2025 and 2.3% in 2026; overall consumer spending growth remains low throughout the remainder of the forecast horizon, averaging 1.8% per year as deportations hold back population growth. Government spending cuts are fully implemented in the 2026 fiscal year and...
Environment, Forest and Climate Change Minister Saber Hossain Chowdhury today (April 1, 2024) said the government is sincerely working to implement climate adaptation actions by spending US$ 3.5 billion every year. Report BSS "But, actually, US$ 9 billion is needed for carryin...
New studies show that workers around the world are adding an average of 9.2 hours of unpaid overtime per week-up from 7.3 hours just a year ago.The roots of this phenomenon can be traced back to the “Protestant work ethic” in the 16th Century — a worldview held in Europe that made...
The government budget is a financial statement that demonstrates the government’s suggested revenues and spending for the financial year. Budget surpluses occur when income exceeds expenditures. Budget deficits occur when spending exceeds income. The budget balance of the U.S. government has fluctua...
While the U.S. government pretends to make an effort to limit the budget, the military budget is projected to increase in alignment with Biden's budget proposal. In contrast, non-defense discretionary spending is expected to remain "roughly flat" at current year levels in 2024 as per the Fi...
Can someone from the US tell me if people affected by the US Government shutdown get paid retrospectively when a budget is finally agreed, or do they lose - 10296661
During World War II, welfare expenditures declined to about one percent of GDP per year, and fluctuated between one and two percent per year, depending on the business cycle. Health care expenditure amounted to about one percent of GDP. By the early 1960s, welfare cost about two percent of...
China’s Military expenditure will increase to 1.35 trillion yuan ($208 billion) in the coming year up 6.8% YoY, the largest gain since 2019. Bloomberg reports that is a much bigger increase in spending than the projected rise of 1.8% across budgeted fiscal spending. ...
As US Ramps up Nuclear Power, Fuel Supplier Plans to Enrich More Uranium Domestically A supplier of fuel for nuclear power plants has announced a $60 million expansion in Tennessee, promising more manufacturing of high-tech centrifuges there to enrich uranium ...
Gov. Andy Beshear says Kentucky will offer an online directory to help connect patients with medical providers as it prepares to start its medical cannabis program in 2025 Associated PressNov. 21, 2024 McConnell to Head Subcommittee Overseeing Defense Spending as He Prepares to Step Down as GOP...