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budget
Jeremy Hunt says tax cuts will only come ‘when the time is right’
Chancellor aims to temper Tory backbenchers’ hopes as he blames UK woes on ‘economic headwinds’UK politics live – latest news updatesJeremy Hunt has signalled tax cuts will only come “when the time is right” and be matched by “spending restraint”, as h…
Drop in UK growth forecast limits chancellor’s budget wriggle room
OBR tells Jeremy Hunt he will have £9bn less income to factor in amid falling tax receiptsAnalysis: big budget giveaways look unlikelyEnergy support sets UK government borrowing recordThe government’s economic forecaster has cut its prediction for UK g…
Big budget giveaways look unlikely as Hunt forced to borrow more
Chancellor likely to tread cautiously after record December budget deficitBudget day on 15 March is less than two months away and if ever there was a government in need of a feelgood event then this is it. Unfortunately for Rishi Sunak, the state of th…
Jeremy Hunt ‘planning a slimmed-down spring budget with no tax cuts’
Exclusive: Treasury sources say chancellor is resisting pressure from MPs who want taxes to start falling well before next electionJeremy Hunt is planning a “slimmed down” spring budget with no immediate tax cuts as the Conservatives press ahead with a…
HASC Seapower’s Top Dem Calls Reported FY ‘24 Spending Cap Plan ‘A Fool’s Errand’
The top Democrat on the House Armed Services Seapower Subcommittee said Wednesday discussions around capping fiscal year 2022 discretionary spending at FY ‘22 enacted levels is “a fool’s errand,” calling it a “completely unrealistic policy.” Rep. Joe C…
House GOP Rebuffs Possible Defense Cuts, Top Dem Appropriator Pushes Back On Reported Budget Plans
House Republican leadership on Tuesday downplayed the potential for billions of dollars in defense spending cuts as part of a reported plan to limit discretionary spending for fiscal year 2024, while Democrats’ top appropriator said the move could set …
DHS Will Seek To Leverage AI For Vehicle And Cargo Scanners At The Border, Mayorkas Says
Later in January the Department of Homeland Security plans to issue a “funding opportunity” to improve the scanning technology that Customs and Border Protection (CBP) uses to screen vehicles and cargo entering the U.S. through ports of entry by levera…