France proposes cutting Easter Monday and May 8 holidays to close €43.8B budget gap. Pensions frozen. Deficit still at 5.4%.

France’s government is running out of options. On July 15, Prime Minister François Bayrou proposed eliminating two national public holidays to help close a €43.8 billion budget gap in the 2026 fiscal plan. The move is part of a broader austerity package aimed at reducing the deficit from 5.4% of GDP to 4.6% next year. …

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Federal budget posts rare surplus after brutal fiscal start, June tax receipts jump 12.9% while outlays drop 7.0%, first month this year with spending under $500B

Despite the worst start ever to a fiscal year, several key metrics have really turned around w/ Jun tax receipts up 12.9% and outlays down 7.0%, resulting in a surplus; last month was the first time this fiscal year that federal gov’t spending was below $500B: N.B.: Those are year-over-year increases — E.J. Antoni, Ph.D. …

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Big Beautiful Budget!

Yikes. The free model portfolio behind this account will almost certainly be buying the dip in gold on July 1. The last time gold traded like this, it predicted many years of outsized gains. pic.twitter.com/AFIic1tHlh — TiltFolio (@TiltFolio) June 29, 2025

FTC offers simple budget fix for overworked households, printable sheet saves hours and prevents spending confusion

Budgeting is not hard. Finding a decent, honest budgeting sheet is. Most people searching for one end up on some sketchy website. Popups asking for your email. Templates that promise ease but deliver blank boxes and confusion. Some cost money. Some come with trackers. Others bury you in categories you don’t even need. So what …

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DeSantis slams Congress for failing to implement DOGE spending cuts; Rand Paul warns of $36.9 trillion debt crisis; Rick Scott rejects spending bill, demands deeper budget cuts

Governor Ron DeSantis is calling out Congress for failing to implement spending cuts identified by Elon Musk’s Department of Government Efficiency (DOGE). The initiative was designed to slash wasteful spending, but lawmakers have yet to act. 🇺🇸 GOV. RON DESANTIS: NOT ONE CENT IN DOGE CUTS, CONGRESS FAILED "A trillion-dollar deficit is a tax on …

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Rand Paul — ‘I can’t support this Trump budget bill. Doesn’t anyone care about the deficit.’ Someone has to yell, ‘the emperor has no clothes.’

🚨 JUST IN: Senator Rand Paul says he does not support the Big Beautiful Bill because of the growing deficit and debt. "They're going to explode the debt… that's just not conservative. I've told them if they strip out the debt ceiling, I'll consider, even with the… pic.twitter.com/nYkbKEUcBs — Eric Daugherty (@EricLDaugh) May 25, 2025 …

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House budget slashes energy incentives crippling 81 percent of new power projects. AI race stumbles as U.S. chokes its own power supply

One of the oddest things in the House budget bill was cutting the private market incentives in energy markets. 81% of incremental power generation will be crippled by that single stroke of the pen. How do we compete in AI and compete against China? They have an abundance of… pic.twitter.com/QOALsBwLum — Chamath Palihapitiya (@chamath) May …

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Trump Says His Budget Proposal Will End the ‘Green New Scam’

The budget proposal takes aim at several offices within the Energy Department and calls for $15 billion of cuts from the 2021 Infrastructure Investment and Jobs Act. Specifically, the budget blueprint cancels the Carbon Dioxide Transportation Infrastructure Finance and Innovation Act, a $2.1 billion program designed “to establish and carry out a carbon dioxide transportation …

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Trump’s Budget Calls for $17 Billion Cut to NIH, Citing Lax Oversight of Gain-of-Function Research in Wuhan

The White House budget calls for slashing $17 billion in funding for the National Institutes of Health (NIH), citing the agency’s failure to properly monitor risky gain-of-function research it funded at the Wuhan Institute of Virology (WIV)—where the COVID-19 pandemic plausibly originated. “While evidence of the origins of the COVID-19 pandemic leaking from a laboratory …

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Trump Proposes Largest Military Budget in History, Strikes Deal to Support Ukraine for Minerals, Pulls out of Peace Talks with Russia and Iran and Threatens Iran with War

by David Haggith It’s always all about the oil and now rare-earth minerals and grabbing land and spreading global control. It doesn’t seem to matter who you pick as president, even the guy who claims he’s going to be all about stopping wars, all you get is more wars. Today, President Trump presented the largest …

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Russia’s budget implodes

RUSSIA’S OIL MONEY IS HAVING A BAD YEAR Russia just realized it won’t make as much oil cash in 2025—and yeah, they’re not thrilled. They thought they’d be selling oil at $82 a barrel. The reality? More like $68. Their budget was based on fantasy prices, and the real numbers are crashing faster than a …

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Los Angeles mayor proposes slashing over 1,600 city jobs to close budget hole

⬆️ MAYOR'S PROPOSED BUDGET: DEPARTMENT SALARIES/PAYROLL INCREASES/DECREASES ⬇️ • 1,647 layoffs (direct savings $114M)• 1,074 vacant position eliminations (direct savings $100M) • Fire will get a net increase: +227 positions• Housing will get a net increase: +74 positions pic.twitter.com/qRWwBQfj0g — LA City Controller Kenneth Mejia (@lacontroller) April 22, 2025 LOS ANGELES (AP) — Los Angeles …

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GOP BUDGET VOTE DELAYED AS CONSERVATIVES REVOLT—JOHNSON BLINKS

🚨🇺🇸 BREAKING: GOP BUDGET VOTE DELAYED AS CONSERVATIVES REVOLT—JOHNSON BLINKS Speaker Mike Johnson says the House likely won’t vote tonight on the GOP budget plan, after a dozen hardline Republicans refused to back it. Despite all-day confidence, Johnson now admits: “I don’t… https://t.co/AA1zB617VM pic.twitter.com/JW7ZQpGWPO — Mario Nawfal (@MarioNawfal) April 10, 2025 🚨BREAKING: House Minority Leader …

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Trump-backed budget bill survives first test in House but final passage unclear

Some House GOP budget holdouts cave after White House meeting, but not enough https://t.co/JmQ5jSssko — Washington Examiner (@dcexaminer) April 9, 2025 A handful of Republicans withholding support for a GOP budget resolution changed their minds after meeting with President Donald Trump on Tuesday, but not enough movement to secure passage in the House. Before the …

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Trump announces historic $1 trillion Pentagon budget… Ron Paul says Trump is fueling the same military machine that bankrupted America

President Trump announces he'll be requesting a record-breaking $1 trillion Pentagon budget. "$1 trillion, and nobody's seen anything like it. We have to build our military and we're very cost conscious. But the military is something that we have to build, and we have to be… pic.twitter.com/WkGoNrUytW — Ken Klippenstein (@kenklippenstein) April 8, 2025 What …

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10 House republicans threaten to vote No on Trump budget.

Growing opposition among hard-line House conservatives to the Senate’s framework for advancing President Trump’s ambitious legislative agenda is threatening to make this week’s vote one of the heaviest lifts yet for Speaker Mike Johnson (R-La.). At least 10 House Republicans have said they will vote “no” on the measure, and a handful of others have …

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The Republican-led Senate voted 52-48 on Thursday to begin debate on a budget blueprint for multi-trillions

The Republican-led Senate voted 52-48 on Thursday to begin debate on a budget blueprint for a multitrillion-dollar package to pass President Donald Trump’s agenda. https://t.co/r6YZJTH2g3 — NBC News (@NBCNews) April 4, 2025 The measure calls for a steep tax cut and a spending increase for immigration enforcement and a Pentagon expansion, alongside unspecified spending cuts …

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Walmart loses $22 billion in market cap, CEO says budget constrained American consumers are showing “stressed behaviours” and low confidence

Expecting similar results for Unilever, Coke, Pepsi, P&G, Target, Home Depot, Lowe’s and other consumer discretionary companies Edit: While a stock market fluctuations are normal, I find it concerning that the CEO has come out and said that consumer confidence is low to the point it is impacting shopping behaviours at Walmart, a low price …

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Taxpayers are funding 1,500 Zombies, agencies and programs that live on despite expired authorizations, accounting for 8% of federal budget. Cash sucking federal zombies.

In 1974, Congress created the Legal Services Corporation to connect lower-income Americans involved in civil disputes with free legal help. The law that established the agency stipulated that authorization for its funding would expire in 1980, when lawmakers were required to vote on whether to keep it alive. They never did. Still, Congress has funded …

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LA Budget Crisis, Deficit Approaches $1 billion, Layoffs ‘Nearly Inevitable’

by Mike Shedlock Union contracts are at the heart of the problem. Chicago coming up. Full Blown Crisis Please note L.A. city budget shortfall grows to nearly $1 billion, with layoffs ‘nearly inevitable’ L.A.’s financial problems exploded into a full-blown crisis on Wednesday, with the city’s top budget official announcing that next year’s shortfall is now …

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8% budget cuts a year for DoD for over 5 years is a big chunk

Pete Hegseth orders defense leadership to draw up plans for huge budget cuts as DOGE enters the Pentagon: report Defense Secretary Pete Hegseth reportedly asked Pentagon officials Tuesday to draw up plans to slash defense spending for each of the next five years — as the department became the latest target of the Elon Musk-led …

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DOGE uncovered a nearly untraceable budget line item responsible for $4.7 trillion in payments.

DOGE has just exposed a massive financial oversight—$4.7 trillion in payments linked to an optional field. The Treasury Access Symbol (TAS) code was often left blank, making it nearly impossible to trace where the money went. With this critical field now mandatory, we can start seeing where taxpayer money is really flowing. The Treasury Access …

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