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No better than Enron: The finmin guide to hiding the fiscal deficit

Dec 06, 2013

No better than Enron: The finmin guide to hiding the fiscal deficit

The pension and insurance funds are carrying the can for securities issued to hide the government's budget deficits. This is a clear lack of transparency #P. Chidambaram #fiscal deficit #Subsidies #Budget deficit
Obama budget to kick start deficit-reduction talks

Apr 11, 2013

Obama budget to kick start deficit-reduction talks

The proposal, an annual attempt to identify and fund the president's policy desires, is unlikely ever to become law. #Barack Obama #NewsTracker #Medicare #Healthcare #Budget deficit #Tax Boost
Why should public funds be used for Mulayam's b'day?

Nov 23, 2012

Why should public funds be used for Mulayam's b'day?

Neither Centre nor state can afford to be distributing free money as politicians' birthday gifts, but this is what they are doing. #Uttar Pradesh #ConnectTheDots #Mulayam Singh #Akhilesh Yadav #Budget deficit
Chidu's firesale will rob urban wealth to buy rural votes

Oct 03, 2012

Chidu's firesale will rob urban wealth to buy rural votes

The government's plans for disinvestment and big sales of land to fill the budget hole is another effort to use urban resources for rural freebies #Privatisation #Budget deficit #Great Firesale #Govt Land Sales

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Chidu's firesale will rob urban wealth to buy rural votes

Jul 18, 2014

Egypt Cuts Tax Breaks for Fuel; Few Protest

Critics say that President Abdel Fattah el-Sisi call for a drastic cut to energy subsidies in order to decrease the country’s budget deficit will harm vulnerable citizens...
Chidu's firesale will rob urban wealth to buy rural votes

Jul 10, 2014

Corbett signs budget, vetoes millions in legislative funding, urges action on public pensions

Gov. Tom Corbett signed the state budget 10 days late on Thursday and used his line-item veto to strike $65 million from the General Assembly's own appropriation, urging a renewed effort to curb public-sector pension benefits for newly hired teachers...
Chidu's firesale will rob urban wealth to buy rural votes

Jul 11, 2014

US reports $71 billion surplus in June; projected to have smallest annual deficit in 6 years

The U.S. government ran a monthly budget surplus in June, putting it on course to record the lowest annual deficit since 2008...
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