spending

The cut is part of a plan to make Britain spend 2.6% of its GDP on defense starting 2027, the prime minister has said Britain is to cut its foreign …

Some $4.7 trillion in federal payments remained untraceable, as the Treasury did not enforce a tracking code Elon Musk’s Department of Government Efficiency (DOGE) claims has uncovered a massive gap of …

The federal government is racing toward a fiscal cliff, with a new report citing a mind-numbing $838 billion cash shortfall just for the first four months of the fiscal year. …

The EU Commission will propose to activate the escape clause for defence investments, Ursula von der Leyen announced in Munich. «This will allow Member states to substantially increase their defence …

EU member states are currently negotiating whether to roll-out a so-called European preference for bloc-level defence spending. ADVERTISEMENT European defence manufacturers are urging the EU to implement a European preference …

As Elon Musk and Donald Trump continue to their mission to slash government overspending, a resurfaced video clip reveals an unlikely ally in comedian Jon Stewart.  The president and his ‘First Buddy’ have …

Voters are voicing their support for the Trump administration’s efforts to clean up wasteful government spending, despite some Democrats protesting the actions.   President Donald Trump and Tesla CEO Elon …

Donald Trump has criticised the cost of US military assistance to Ukraine and aims to transfer a greater share of responsibility to Europe. ADVERTISEMENT French President Emmanuel Macron on Monday …

Romania’s new coalition government approves a new economic plan aimed at keeping government budget deficits under control for the upcoming 2025 fiscal year. ADVERTISEMENT Romania’s Prime Minister Marcel Ciolacu announced …

Most members will find it impossible to contribute 3% of their GDP to the US-led military bloc, according to diplomatic sources A number of NATO members are reportedly concerned they …