INSANE: 27 - The Real Truth

Warning: Student loan cliff ahead

For millions of individuals that means real spending cuts — which could translate to a slowdown for the economy overall.

Axios · Jul 10, 2023

Karnataka Budget: Taxes, borrowings up, allocation cut to fund guarantee schemes

Increase in taxes, prioritisation of government programmes, and additional borrowings will together fund the five pre-poll guarantees of the Congress government, even as allocation to some crucial departments and subsidies have come down in the full-fledged “guarantee Budget” presented by Chief Minister Siddaramaiah on Friday.

The Hindu · Jul 8, 2023

Mixed reactions to Karnataka Budget

The Budget for the year 2023-24 presented by Chief Minister Siddaramaiah on Friday received mixed reactions from various quarters. While ruling party leaders have welcomed it, the Opposition has criticised it.

The Hindu · Jul 7, 2023

A macro view of the fiscal health of States

A time path for revenue deficit reduction with a credible fiscal adjustment plan would help restore fiscal balance and improve quality of expenditure

The Hindu · Jul 4, 2023

OPINION - West End Final: The economic indicator that says we’re headed for recession

At roughly $3 trillion, the UK economy is large and contains multitudes. Not as massive as it might have been as a result of Brexit, Covid-19 and Russia’s invasion of Ukraine, but enough to rank sixth in the world.

Evening Standard · Jul 4, 2023

Rising productivity is not enough to help poorer households, says think tank

A focus on wages rather than equality could see 1.8 million more people fall into relative poverty, the Resolution Foundation has warned.

The Independent UK · Jul 3, 2023

A mid-year assessment for the U.S. economy

So far the immaculate disinflation — what had seemed a remote scenario in which inflation comes down without a recession — has materialized.

Axios · Jul 3, 2023

Dutton says Labor can't take credit for budget surplus

The Labor government needs to produce more than one surplus, says the opposition leader, to prove it's serious about responsible budget management.

AAP · Jul 2, 2023

CBO data shows why deficits should matter again

There was a widening bipartisan sense that fiscal deficits don't really matter. Now, they do again.

Axios · Jun 29, 2023

After a raucous first half of 2023, Wall Street is still wondering if recession is in the cards

Halfway into 2023, and so little on Wall Street has gone according to plan

The Independent UK · Jun 29, 2023