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The situation comes as economic growth also grinds to a crawl.
The federal government has told exporting companies they'll do better business with the introduction of the digital certificates.
Amnesty International has criticised the Albanese government’s apparent lack of funding for youth crime prevention in the federal budget.
A range of green energy initiatives will be funded followed the release of the official budget by Australian Treasurer Jim Chalmers.
A boost to aged care workers’ salaries is among the $2.2 billion in announcements made for the sector in the 2024 federal budget.
About $6.2 billion will go into the initiative.
For decades, both political parties have avoided responsibility for the spiraling national debt.
Interest on Capitol Hill is reviving in a proposal to shift Congress to a two-year budget cycle to minimize the possibility of costly government shutdowns.
Congressional Republicans brace for a storm of criticism by Democrats claiming maintaining services to needy is more important than cutting government spending.
Congress is embroiled in a budget impasse that seems likely to force a government shutdown but a bipartisan group of senators think they have a better way
The U.S. government recorded the first monthly budget surplus since April, but the federal deficit still on track for $2 trillion.
With both houses of Congress reconvening September 12, members of both chambers will be confronted with tough spending decisions and the prospect of a government shutdown.
Speaker of the House Kevin McCarthy’s (R-Calif.) trial balloon on introducing a temporary Continuing Resolution (CR) when Congress returns from the August recess to gain additional time to negotiate a new federal spending deal is running into a vocal wall of conservative opposition.
