Tag - budgets

 
 

BUDGETS

BUSINESS / Economy / ANALYSIS
Jan 14, 2015
Budget was no easy feat amid ¥1.5 trillion tax revenue shortfall
The Abe administration faced a daunting task to make up for a revenue shortfall from a delay in the consumption tax hike, and amid a snowballing social security bill, analysts say.
BUSINESS / Economy
Jan 10, 2015
Cabinet rubber stamps ¥3.12 trillion extra budget
Prime Minister Shinzo Abe's Cabinet endorsed on Friday a ¥3.12 trillion extra budget aimed at reviving domestic demand stunned by the April 1 consumption tax hike and weaker yen.
BUSINESS
Dec 18, 2014
Smaller ¥3.4 trillion stimulus package eyed to prop up economy
The compilation of a ¥3.4 trillion stimulus package to prop up the economy is nearly finished, sources close to the matter said Thursday.
Japan Times
BUSINESS / Economy / ANALYSIS
Dec 13, 2014
Wall Street scores in Washington, eyes more anti-reform victories
Five years after President Barack Obama slammed Wall Street "fat cat" bankers, some of the nation's biggest banks this week successfully lobbied Congress to roll back a hotly debated provision in the 2010 Dodd-Frank financial reform law.
WORLD / Politics
Dec 12, 2014
U.S. narrowly averts government shutdown
The U.S. House of Representatives narrowly passed a $1.1 trillion spending bill to avert a government shutdown Thursday less than three hours before a midnight deadline, overcoming strenuous Democratic objections to controversial financial provisions.
Japan Times
WORLD / Politics
Dec 10, 2014
Congress reaches deal for $1.1 trillion U.S. spending bill
Congressional negotiators resolved policy disputes to reach a deal for a $1.1 trillion spending bill on Tuesday but still expected to need a stop-gap extension to avoid a U.S. government shutdown at midnight on Thursday.
Japan Times
BUSINESS / Economy
Jun 27, 2014
Salarymen get a bit more to spend
Japanese wives are raising their husbands' allowances, but only enough to offset the April 1 tax hike as wages continue to languish.
Japan Times
ASIA PACIFIC / Politics
Mar 5, 2014
China says 2014 military budget to rise 12.2 percent
China will increase military spending by 12.2 percent this year, the government says, partly to beef up coastal and air defenses and to develop more high-tech weapons.
BUSINESS
Mar 3, 2014
Detroit bankruptcy prods other cities to target pensions
Local officials in at least 10 states are trying to cut pensions of municipal workers, or eliminate defined-benefit plans, pointing to Detroit as a symbol of the peril of growing retirement costs.
Japan Times
WORLD / Science & Health
Dec 26, 2013
Budget limits trim NASA's plans for big projects
The Cassini spacecraft is in splendid shape as it circles Saturn. Conceived in the 1980s and launched in 1997, Cassini arrived at the gas-giant planet in 2004 and has continued to deliver stunning images of the jewel of the solar system.
Japan Times
WORLD / Politics
Dec 19, 2013
Senate passes deal to avoid new shutdown
Congress declared a holiday truce in the budget wars Wednesday, sending President Barack Obama a blueprint for funding the government through 2015. But the next skirmish was already on the horizon: an election-year fight over the national debt.
Japan Times
WORLD
Dec 4, 2013
Judge says Detroit can file for bankruptcy
A federal bankruptcy judge granted Detroit unprecedented powers Tuesday to shed billions of dollars in debt, including the ability to slash city employee pensions despite a state constitutional provision protecting them.
WORLD / Politics
Oct 21, 2013
How much did the shutdown cost? Billions
Shutdowns aren't cheap. This year's closure, which ended Thursday, has probably cost the government and the economy billions of dollars, according to economists and policy analysts.
WORLD / Politics / ANALYSIS
Oct 17, 2013
U.S. debt deal sets up new risks to growth
The deal reached by Congress on Wednesday to end the government shutdown and raise the debt ceiling would avert a financial catastrophe but leave the weakened U.S. economy facing new threats.
Japan Times
WORLD / Politics
Oct 16, 2013
Boehner's control of his caucus slipping
Republican House Speaker John Boehner started Tuesday with a last-ditch attempt to exert control over his restive caucus, proposing a new plan to open the government and raise the U.S. debt ceiling in an effort to give Republicans a bit of leverage.
Japan Times
WORLD / Politics
Oct 15, 2013
Senate leaders nearer deal on raising federal debt limit after flurry of talks
In a long-awaited breakthrough, Senate leaders close in on a deal to raise the federal debt ceiling and end a two-week-old government shutdown as Washington scrambled to avoid the nation's first default on its debt.
Japan Times
WORLD / Politics
Oct 13, 2013
Senate opens talks on end to shutdown
Senate leaders began negotiations Saturday aimed at reopening federal agencies and avoiding a government default after every other effort to end Congress' impasse crumbled in the previous 48 hours.
Japan Times
WORLD / Politics
Oct 10, 2013
Republican options tapering to 'surrender'
As the government shutdown and the threat of a federal debt default begin to merge into a singular Washington crisis, the only way out for House Speaker John Boehner may be something he disparaged earlier this week as "unconditional surrender."
Japan Times
WORLD / Politics
Oct 6, 2013
Deep political divisions at root of U.S. shutdown
The government shutdown did not happen by accident. It is the latest manifestation — an extreme one by any measure — of divisions long in the making and now deeply embedded in the country's politics.
Japan Times
WORLD / Politics
Oct 2, 2013
Federal budget deadlock could stretch into debt-limit fight
Washington begins bracing for a prolonged government shutdown on Tuesday, with signs on Capitol Hill that Republicans — knowing that blame almost certainly will fall most heavily on them — beginning to look for ways to lift some of the pressure.

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