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The British finance minister, Alistair Darling It's the time of year when the British taxpayer finds out how much the cost of beer, cigarettes and petrol - amongst other things - will go up in the coming twelve months. The Budget is the annual finan
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LOS ANGELES, Jan. 10 (Xinhua) -- One week after taking office, California Governor Jerry Brown announced a balanced state budget on Monday which slashes state spending by 12.5 billion U.S. dollars. The budget also includes an eight to 10 percent cut
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The Speaker of the U.S. House of Representatives, John Boehner, says he stands ready to cut a budget deal with President Barack Obama - so long as no taxes are raised, leaving deep spending cuts as the sole vehicle to trim Americas massive $1.5-trill
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BEIJING/WASHINGTON, March 2 (Xinhua) -- As Jacob Lew was sworn into office as the new U.S. Treasury Secretary on Thursday, U.S. President Barack Obama has so far put in place three key positions in his second-term cabinet. However, what greeted Lew,
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U.S. President Barack Obama and Republican lawmakers reached a last-minute budget agreement late Friday, averting a potential government shutdown. Less than two hours before the deadline, Democrats and Republicans（共和党） agreed, in principle,
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RIO DE JANEIRO, Jan. 3 (Xinhua) -- Brzilian Planning Minister Miriam Belchior Monday confirmed planned federal budget cut in 2011, but said it is a routine（日常工作）. There are curtailments（缩减） every year. About the amount to be cut,
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