Topic
Government Spending
60 stories related to this topic, newest first.
finance.yahoo.combusiness12 hrs ago
Canada to Spend Over $5 Billion on B.C. Infrastructure Over 10 Years, Part of Condo-Conversion Deal
Federal and provincial governments will also convert more than 2,200 vacant condo units into affordable housing through a new partnership.
The Independentworld1 day ago
FAA Spends Nearly $4 Million on Palantir AI Tool for Runway Safety
The Federal Aviation Administration is using Palantir's Foundry platform to scan hundreds of thousands of safety records. The project follows a January 2025 midair collision that killed 67 people.
deccanchronicle.comtechnology3 days ago
FIFA to collect $8.9 billion from 2026 World Cup while U.S. host cities face costs and projected regional gains
FIFA is running the 2026 tournament directly and keeping nearly all revenue while assigning security, transport, and fan-zone costs to the 11 U.S. host cities.
foxnews.compolitics4 days ago
Late-Night Host Comments on White House Reflecting Pool Renovation and Reported Iran Framework
A late-night television host discussed renovations to the White House reflecting pool and remarks on a reported framework agreement involving Iran. The host also referenced comments about a U.S. health secretary's past interactions with reptiles.
The Independentpolitics5 days ago
Officials Deny Reports of Rift Over Defense Spending Plans
Sources close to an energy department official denied claims that the official refused calls from the prime minister amid discussions over budget allocations for defense. Reports also linked the official to potential leadership changes within the party.
manilatimes.networld5 days ago
UK defence chief says extra funding needed to avoid training and operations cuts
Air Chief Marshal Sir Richard Knighton told peers that day-to-day activity funding in the Defence Investment Plan falls short. Former defence secretary John Healey resigned last week over the same shortfall.
slashgear.comworld6 days ago
Government Report Finds No Reliable Method to Verify Eligibility for Federal Payments
A government report states that federal agencies lack a consistent process to confirm whether payments reach only eligible recipients. The finding covers multiple programs that distribute taxpayer funds.
DA
Euronewspolitics6 days ago
UK Parliament restoration faces £420 million annual delays
Delaying restoration of the Palace of Westminster could increase annual costs by £320 million to £420 million, according to an updated National Audit Office report. The building requires work on mechanical systems, fire safety, and asbestos removal.
Washington Examinerpolitics7 days ago
HUD Suspends Federal Funding for LA Homeless Services Authority Over Alleged Mismanagement
The Department of Housing and Urban Development cut off federal money to the LA Homeless Services Authority on June 11 over repeated false statements and weak financial controls. The agency had received nearly $1 billion since 2021.
thesouthafrican.comworld7 days ago
Malawi Roads Authority Proposes K245.78 Billion Road Rehabilitation Plan
The Roads Authority has outlined a K245.78 billion programme for road rehabilitation and maintenance. The plan targets two major corridors and has prompted discussion over costs and procurement.
espn.comsports9 days ago
Toronto to Spend $380 Million Hosting Six 2026 World Cup Matches at BMO Field
Toronto has budgeted $226.3 million in planning and operating costs plus $153.6 million in capital spending. Other host cities face similar expenses ahead of the tournament.
DA
winnipegfreepress.compolitics9 days ago
Indonesian Students Protest Fuel Price Rise and State Spending
Hundreds of students marched in Jakarta on Friday against higher fuel prices and a government free-meals program. Demonstrators said the measures risk bankrupting the country and cited recent mass poisonings and corruption allegations.
winnipegfreepress.comworld4 days ago
U.S. Charters Yacht to Evacuate Citizen From Pitcairn Island
The Trump administration spent at least $750,000 to move an American woman from Pitcairn Island after possible hantavirus exposure on a cruise ship. The operation has further reduced the State Department’s emergency fund balance.
onwardstate.compolitics10 days ago
State Department Charters Yacht to Evacuate American Exposed to Hantavirus from Pitcairn Island
The department drew from its emergency K Fund to move an American exposed aboard a cruise ship. The operation remains underway and final costs are not yet known.
order-order.comworld10 days ago
UK Defence Secretary Resigns Over Defence Investment Plan Funding
John Healey resigned as Defence Secretary on June 11, 2026, citing inadequate funding in the Defence Investment Plan. Armed Forces Minister Al Carns also resigned, stating the plan is not fit for purpose.
SK
The Independentpolitics10 days ago
UK Defence Secretary John Healey Resigns, Citing Shortfall Despite Earlier Funding Pledge and Reforms
John Healey stepped down after warning that the government's defence spending plan would reduce readiness and increase risks to personnel. He cited the prime minister's inability to commit the resources needed amid rising threats.
rte.iepolitics10 days ago
Britain's Defence Secretary Resigns, Cites Funding Shortfalls
The Defence Secretary resigned after reviewing proposed spending levels for a planned Defence Investment Plan. GB News reported that the resignation followed a letter from the Chief of Defence Staff to the Prime Minister expressing concern over defence funding.
ukdefencejournal.org.ukpolitics10 days ago
Defence Investment Plan stays unpublished
A senior opposition lawmaker said the delay in publishing the plan reflects internal disarray. The former defence secretary cited funding shortfalls in a resignation letter. The government has not released the document on the expected schedule.
rigzone.comfinance12 days ago
Namibia Central Bank Warns Public Debt May Reach 70% of GDP
Namibia's public debt could reach 70% of GDP by the end of the current financial year without spending reforms. Officials announced new budgeting measures and called for procurement and regulatory changes.
upi.comworld12 days ago
UK Treasury Holds Line on Defense Spending Pace as Military Plan Nears Release
The Treasury is holding back on accelerating defense outlays days before the government unveils its long-delayed military investment plan.
news.sky.compolitics12 days ago
Starmer Announces £15bn Defence Spending Increase Funded by 1% Capital Cuts Across Government
Prime Minister Keir Starmer plans a £15 billion military increase funded partly by a one per cent cut in other departments' capital budgets. Transport and energy face larger reductions.
citizen.co.zaworld13 days ago
Japan to Move Most One-Year Spending Into Initial Budget, Citing Postwar-Scale Reform
Finance Minister Satsuki Katayama said the government is overhauling its budget process to reduce reliance on supplementary packages, calling the effort the largest reform since World War II.
pakistantoday.com.pksports4 days ago
U.S. to Spend $365 Million on Counter-Drone Systems for 2026 World Cup
Federal agencies are funding counter-drone systems at stadiums across 11 states. Multiple companies have received multimillion-dollar contracts for the tournament.
FO
forbes.comai16 days ago
Artificial Intelligence Investment Projected to Reach 2% of U.S. GDP in 2026
An analyst forecast states that spending on artificial intelligence will equal two percent of U.S. gross domestic product next year. The projection places AI investment near the current share of GDP devoted to national defense.
FO
ibtimes.co.ukpolitics20 days ago
Government to publish delayed defence investment plan before July Nato summit
The defence secretary told MPs the prime minister wants the 10-year defence investment plan released before the July Nato summit. Unions and industry groups have warned that repeated delays threaten jobs and national security.
pinsentmasons.comworld21 days ago
UK Will Not Pay Rwanda Millions Over Cancelled Deportation Deal
Officials stated the United Kingdom will not pay Rwanda millions of pounds after the deportation agreement ended. The decision follows the cancellation of the prior arrangement.
SK
The Independentworld24 days ago
Minister Says Defence Investment Plan Will Be Published When Ready
Pensions minister Torsten Bell declined to give a date for the long-delayed defence investment plan. The Conservatives plan a June 2 vote to require publication within a month of the Armed Forces Bill receiving Royal Assent.
business24 days ago
Australia to Pay Nauru $70 Million Annually Under NZYQ Resettlement Deal
Details of the first payment under an Australian government agreement with Nauru for resettling the NZYQ cohort have been released. The arrangement commits Australia to annual payments of $70 million.
Substrate placeholder — needs reviewworld24 days ago
Reason.com Op-Ed Advocates Ending Senior Property Tax Breaks
An opinion piece published by reason.com argues that property tax exemptions for senior citizens shift costs to other taxpayers unless governments also cut spending on public services.
politics25 days ago
New York City Parks Department Plans Two Drinking Fountains at $375,000
The Manhattan project replaces two existing fountains in Riverside Park. A presentation to Community Board 7 in October 2025 listed flood-zone rules, tree-root surveys, backflow prevention, and a new water line. The total budget reached $375,000.
The Federalistpolitics25 days ago
Watchdog Reports Government Payments to Southern Poverty Law Center for School Materials
OpenTheBooks documented at least $3.85 million in payments to the Southern Poverty Law Center from public entities since 2016. The funds supported teaching materials in schools across multiple states.
New York Postpolitics26 days ago
California Governor Budget Includes $33,000 for Official Portrait
The governor's proposed 2026-27 budget requests $33,000 from the General Fund for a traditional portrait to hang in the State Capitol. The request comes alongside a separate $20 million proposal to honor living former governors.
techjuice.pkworld26 days ago
White House official says refugee programs cost hundreds of billions
A White House official stated that refugee resettlement programs have cost hundreds of billions of dollars. The official said tightening eligibility rules could help reduce the federal deficit, which stands at $1.8 trillion.
MA
benzinga.comfinance26 days ago
Jeff Bezos Compares Amazon Operations to New York City Schools
Amazon founder Jeff Bezos said on May 20 that running Amazon like New York City schools would result in six-week package delivery, a $100 fee, and incorrect items. He made the remarks during a CNBC interview discussing taxes and government spending.
world27 days ago
Tasmanian Auditor-General Reports $47 Million Spent on HR Program Without Modules Delivered
The Tasmanian auditor-general found the Health Department spent $47 million over four years on a human resources system upgrade that produced no modules. Total program costs are now projected at $119.8 million after responsibility shifted to the Department of Premier and Cabinet.
techcentral.co.zabusiness29 days ago
Quebec Premier Defends Spending Pledges After Finance Minister Statement
Quebec Premier Christine Fréchette defended new spending commitments on Saturday after a Radio-Canada report revealed the province's finance minister had warned her about exceeding a $250-million annual fund.
world30 days ago
Tasmanian Health Department Directed to Find $702 Million in Savings
The state budget requires the Health Department to identify $702.61 million in operational efficiencies over four years. Treasurer Eric Abetz presented the plan as part of a broader $1.47 billion reduction across government agencies.
yahoo.comworld30 days ago
Yukon Eagle Gold Mine Cleanup Costs Reach $301 Million
Financial records show the receiver has spent $301 million on cleanup at the Eagle Gold Mine since August 2024. The Yukon government has loaned $185 million of a $220 million maximum to cover part of the costs.
thesouthafrican.comworld30 days ago
Senegal Fuel Subsidy Costs Rise $2 Billion if Oil Hits $115
Senegal's fuel subsidy spending may exceed this year's target by $2 billion if crude oil prices reach $115 per barrel. The increase stems from higher global oil prices linked to the war in Iran.
France 24politics31 days ago
France Announces 710 Million Euro Energy Aid Package
French Prime Minister Sébastien Lecornu announced a 710 million euro package to extend support for fishing, farming, and construction sectors. The plan also includes a new bonus for taxi drivers switching to electric vehicles.
thehindu.compolitics31 days ago
Lawsuit Over PPP Loans Dismissed in Mississippi
Federal prosecutors dismissed a lawsuit involving Paycheck Protection Program loans in Mississippi. The acting U.S. Attorney General approved the dismissal after determining it served the public interest.
Semaforworld31 days ago
Saudi Arabia Orders Government Agencies to Freeze Consultancy Payments
Saudi Arabia has directed government ministries and entities to halt payments to strategy advisers, management consultants, and law firms through the end of June. The instruction covers existing contracts and new hiring at agencies including the Public Investment Fund.
reason.compolitics4 days ago
Federal Agencies Increase Spending on Weapons and Ammunition
Immigration enforcement agencies committed more than $144 million to weapons, ammunition, and related items during the first year of President Donald Trump's second term. Other federal agencies have also acquired firearms and protective equipment over recent years.
New York Postpolitics31 days ago
Minnesota Daycare Received $231,472 in Federal Pandemic Loans
A Minnesota daycare facility that closed in January received federal pandemic assistance in 2020. Senator Joni Ernst has asked the Small Business Administration inspector general to review how the funds were used.
Reasonpolitics32 days ago
Bezos Questions Tax Increases on Wealthy as Solution to Affordability Issues
Amazon founder Jeff Bezos said raising taxes on high earners would not address rising costs. He pointed to government waste and existing tax burdens already paid by top earners.
The Sydney Morning Heraldworld33 days ago
Australia to Spend $11 Billion Upgrading Collins-Class Submarine Fleet
The federal government will spend $11 billion on upgrades to Australia's Collins-class submarine fleet. The program targets the ageing vessels currently in service.
bbc.co.ukworld33 days ago
HS2 Project Cost Estimate Rises Above £100 Billion
The British government reported Tuesday that the high-speed HS2 train line could exceed £100 billion to complete. Officials also disclosed additional delays for the scaled-back project.
AF
japantimes.co.jpworld34 days ago
Japan Considers Bond Market for New Spending to Offset Middle East Conflict Impact
Japan's Finance Minister stated the government is weighing bond issuance to fund new spending measures. The spending aims to counter economic effects from the Middle East conflict. No specific spending amount or timeline was announced.
msnbc.compolitics34 days ago
Congressional Proposal Seeks $100 Billion for IRS Enforcement
A congressional proposal would allocate $100 billion to the IRS for enforcement activities. The measure targets taxpayers with net worth above $50 million and would tax unrealized gains on assets.
Forbesfinance35 days ago
Conservative Economists Define Inflation as Currency Shrinkage
Forbes contributor John Tamny argues that inflation refers to a decline in currency value rather than excessive economic growth. The article contrasts this view with Keynesian interpretations linking government spending to price increases.
pbs.orgpolitics38 days ago
U.S. Halts Some Medicaid Payments Citing Fraud
The federal government has stopped certain Medicaid payments after identifying what it described as fraud in the program. Vice President JD Vance addressed the issue during a speech in Maine, stating that only Republicans would address fraud in public benefits programs. The move…
bbc.co.ukpolitics39 days ago
White House Requests $1 Billion for East Wing Security Upgrades and Renovation, Including New Ballroom
ABC News obtained a one-page document detailing how the White House intends to allocate $1 billion for the East Wing project, presented to Senate Republicans on May 13, 2026. The funding request, which includes construction of a ballroom, faces skepticism from GOP senators concer…
AB
Forbespolitics39 days ago
Trump Administration Projects at U.S. Capitol Sites Exceed Initial Budgets
The cost of renovating the Lincoln Memorial Reflecting Pool has reached nearly $15 million, nearly ten times the original estimate cited by President Trump. Additional projects including a proposed arch, White House ballroom expansion and statue garden are expected to total at le…
Newsweekfinance39 days ago
VA Approves $596 Million in Facility Upgrades in Q2 FY2026
The U.S. Department of Veterans Affairs has committed more than $1 billion of its record $4.8 billion facilities budget for 2026, part of the largest annual investment in the department's history. The latest $596 million in approvals will fund repairs to aging hospital systems, p…
The Guardianpolitics40 days ago
Australians Must Exhaust Treatment Options to Access NDIS Under Proposed Rules
Proposed legislation would require people with disabilities to exhaust all appropriate treatment options before becoming eligible for the National Disability Insurance Scheme, starting in 2028. The changes form part of a broader overhaul aimed at reducing the program's costs, whi…
foxnews.combusiness40 days ago
U.S. Government Energy Spending More Than Doubled Since 2019 to Exceed $405 Billion in 2025
Government spending on energy exceeded $405 billion in 2025, more than double the level in 2019. The majority of the funds supported investments in energy infrastructure, manufacturing, renewables, efficiency programs and incentives for fuel switching. The International Energy Ag…
IE
swarajyamag.comfinance40 days ago
U.S. Plans $22 Billion Redevelopment of Washington Dulles Airport
Transportation Secretary Duffy said the federal government intends to redevelop Washington Dulles International Airport at a cost of $22 billion. The announcement outlines a major infrastructure project at the airport that serves the Washington metropolitan area. No additional de…
FI
New York Postworld39 days ago
Immigrant Business Coalition Opposes New York City Public Grocery Store Plan
A new coalition of more than 50 immigrant business chambers has raised over $1 million to fight Mayor Mamdani’s proposal for five city-owned supermarkets that would receive free rent and tax breaks. The group plans to appear at a City Council hearing tentatively set for May 29 an…
Military.compolitics40 days ago
Senate Republicans Advance $1 Billion Secret Service Funding Bill
Senate Republicans are moving forward with a proposal to allocate up to $1 billion for Secret Service security upgrades tied to a White House ballroom construction project. Democrats oppose the spending, arguing it contradicts earlier statements that the project would be funded p…
The Sydney Morning Heraldpolitics41 days ago
Treasurer Delivers 2026 Federal Budget
The federal budget for 2026 will be handed down tonight by the Treasurer. The government is expected to break several election pledges in the document. A new report shows median rent is unaffordable for households on median incomes in all but 10 Australian electorates.