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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
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
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
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,
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,
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,