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Budget News

Austerity cuts challenge European police facing terror threat

London - Europe is facing the spectre of attacks by Islamic State (IS) jihadists with police numbers in some countries hit by austerity cuts, raising questions about whether this is making it easier for assailants to slip through the net.

French new anti-terror spending 'a few hundred million euros'

Paris - Fresh French spending on security in response to the Paris attacks will amount to "a few hundreds of millions of euros (dollars)", a lawmaker said in remarks published Wednesday.

French protest in growing movement against tampon tax

Paris - About 100 people gathered in Paris on Wednesday to protest a French tax on tampons and sanitary pads, as anger grows among women worldwide over high taxation of the essential items.

Op-Ed: Republicans' best trick yet — Making Paul Ryan seem reasonable

Washington - Just when you thought the U.S. Congress couldn't get more out-of-touch with the American people they're supposed to be representing comes this: the House of Representatives has picked Rep. Paul Ryan to be speaker.

U.S. Senate passes budget deal to avert default

Washington - The US Senate passed a bipartisan, two-year budget deal early Friday that boosts federal spending by $80 billion, reduces a government shutdown threat and raises the debt ceiling through the end of Barack Obama's presidency.

The OnePlus X is a budget but 'powerfully beautiful' smartphone

Chinese smartphone brand OnePlus has officially taken the wraps off a new budget handset targeted at people who want a premium phone but can't afford a flagship device. The OnePlus X costs only $249 but still boasts a very respectable spec sheet.

Obama vetoes $612 bn defense bill citing Gitmo, 'gimmicks'

Washington - US President Barack Obama vetoed a $612 billion defense spending bill Thursday, saying it prevented the closure of Guantanamo Bay prison and wasted money on unwanted programs.

Spain eases spending constraints ahead of elections

Madrid - Spain's lower house on Tuesday approved a 2016 budget designed to ease some spending restrictions after years of austerity, ahead of legislative elections due on December 20.The budget provides for increases of 9.3 percent for education, 3.

EU orders Spain to submit new budget as election nears

Brussels - The European Commission on Monday ordered Spain to submit a new draft budget with lower deficit estimates to avoid violating the bloc's tough spending rules, in a blow for the government ahead of Spanish elections.

Obama signs bill averting US government shutdown

Washington - Congress and President Barack Obama steered the US government clear of a shutdown hours before a midnight deadline, approving temporary federal spending that does not defund a women's health care provider as Republicans hoped.

Slovakia to dispute EU migrant quotas in court: PM

Bratislava - Slovakia's leftist Prime Minister Robert Fico said Wednesday his country would take legal action to dispute mandatory quotas adopted by the European Union to relocate 120,000 refugees amid an unprecedented migrant crisis.

Obama urges Congress to approve U.S. budget

Washington - President Barack Obama used his weekly radio and online address Saturday to urge the Republican-controlled Congress to pass a budget in a timely fashion.

Amazon announces surprisingly capable $50 Fire tablet

Amazon has unveiled a new 7-inch Fire tablet that will retail for just $50. It features modest but respectable hardware specifications and the option of purchasing a family-equipping six-pack at reduced cost.

Review: Asus Eeebook X205TA – the £180 laptop with a 12-hour battery

The Asus Eeebook X205TA is an 11.6-inch Windows laptop that costs less than £180. Despite the ultra-low price, it is a surprisingly capable machine that sports a 12hr battery, solid build quality, and enough power to manage any general computing tasks.

Mobile ads are dramatically under-priced, says marketing leader

Last week, the leader of the Mobile Marketing Association advised advertisers that they were being dramatically under-charged for ad videos on mobile platforms. He suggests that supply outweighs demand and that the current low prices cannot last long.

Sweden raises defence budget amid Russia concerns

Stockholm - Sweden will raise defence spending by 10.2 billion kronor (1.09 billion euros, $1.18 billion) for the period 2016 to 2020, the government said Friday amid concerns over Russia's military resurgence.

Microsoft could be building a new budget Surface for Windows 10

Microsoft is reporting to be building a new variant of its popular Surface Pro 3 tablet that will be a lower-end replacement to the Windows RT Surface 2 of September 2013. The new tablet will run full Windows though and is designed to fill a range gap.

Greece hits out at EU opposition to 'humanitarian' law

Atenas - Greece has responded sharply to apparent pressure from the EU not to pass Wednesday a "humanitarian crisis" law that would provide free electricity and food stamps for the poorest households.

Protests blamed as Hong Kong misses growth targets

Hong Kong - Hong Kong's leadership Wednesday blamed months of pro-democracy protests as the economy fell well short of predicted growth in 2014, and said "prolonged political bickering" could do more damage to investor confidence.The growth rate was just 2.

Italy sells off Mussolini buildings to fund Fuksas's cloud

Rome - Cash-strapped authorities in Rome are to auction off four Mussolini-era public buildings to fund the completion of a long-delayed but eagerly-awaited new conference centre by acclaimed architect Massimiliano Fuksas.

Obama seeks big science boost

Washington - The fiscal year 2016 could be promising for scientific research if the President Obama's budgetary requests are granted.

Obama backs spending increase, hits Republicans

Washington - A combative US President Barack Obama unveiled plans to increase government spending, in defiance of his Republican opponents controlling Congress.

Obama to request hike in U.S. military budget

Washington - President Barack Obama plans to ask for an increase in military spending in a proposed budget for 2016, with a request for $585 billion that would exceed funding caps mandated by Congress, officials said.

Japan approves biggest ever defence budget amid Asia tensions

Toukyo - Japan approved its largest-ever defence budget for the next fiscal year on Wednesday, as hawkish Prime Minister Shinzo Abe looks to strengthen surveillance of territorial waters in the face of a continuing spat with China.

Italian parliament adopts budget after EU battle

Rome - The Italian parliament adopted the government's 2015 budget late Monday, after the European Union forced Prime Minister Matteo Renzi to redraft the text to rein in the country's deficit.

US Congress passes 2015 spending bill after bruising fight

Washington - The US Congress passed a $1.1-trillion spending bill for fiscal year 2015, capping a week of acrimonious wrangling while averting a government shutdown and sending the measure to President Barack Obama.

Shutdown averted for now as Congress extends US funding

Washington - The US Senate gave itself four additional days to pass a $1.1 trillion federal spending bill, easing the threat of a government shutdown that was looming at midnight.

US House approves $1.1 trillion spending bill, averts shutdown

Washington - Facing intense pressure to avoid a government shutdown, the US House of Representatives narrowly passed a $1.1 trillion federal spending bill Thursday, sending it to the Senate after it was ushered through barely two hours before a midnight deadline.

Sweden faces political crisis as extreme right rejects budget

Stockholm - A political crisis erupted in Sweden Tuesday when the extreme-right Sweden Democrats, the country's third largest party, vowed to block the new leftist-green government's budget, a move that could trigger new elections.

France has 'no concern' on EU budget deadline

Dublin - France has no concerns about the European Commission's decision to extend a deadline for Paris to meet public finance requirements despite possible sanctions, the country's finance minister said Friday.
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Fiscal Year 2009 U.S. Federal Spending – Cash or Budget Basis
Fiscal Year 2009 U.S. Federal Spending – Cash or Budget Basis
President Barack Obama delivers remarks on the budget negotiations  in the James S. Brady Press Brie...
President Barack Obama delivers remarks on the budget negotiations, in the James S. Brady Press Briefing Room of the White House, Sept. 30, 2013.
White House photo
Couple on couch  working through their budget.
Couple on couch, working through their budget.
Big Stock Photo
Altogether Fool
The Indiana House of Representatives.
The Indiana House of Representatives.
Associated Press
Home baked bread can be a healthy  tasty  inexpensive alternative to store-bought loaves.
Home baked bread can be a healthy, tasty, inexpensive alternative to store-bought loaves.
Cascade Complex  Idaho  2007.
Photo taken: Sep 11  2007
Cascade Complex, Idaho, 2007. Photo taken: Sep 11, 2007
Pie chart showing breakdown of expenditures for 2010 federal budget. Notice Social Security  Medicar...
Pie chart showing breakdown of expenditures for 2010 federal budget. Notice Social Security, Medicare and Medicaid spending amount to 46 percent of total spending.
CBO 2010 Federal Budget. Notice that Social Security  Medicare and Medicaid amount to 43 percent of ...
CBO 2010 Federal Budget. Notice that Social Security, Medicare and Medicaid amount to 43 percent of total expenditures for FY 2010.
New Jersey s baboon is finally captured.
New Jersey's baboon is finally captured.
The dinner shown cost less than $5.45.
The dinner shown cost less than $5.45.

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