Budget Allocation - Indonesia's 2026 budget will have potential winners and losers [1]

Investment Strategy & Performance - Infrastructure asset class achieved double-digit returns this year [1] - A $5 billion secondary sale in the private equity portfolio recognized some losses but strengthens future returns [2] - Public equities have driven strong returns in the last three years, so a dramatic change isn't expected [5] - Over five, seven, or ten years, private markets have shown strong performance [6] Pension Fund Allocation - New York raised the limit for public pensions in alternatives from 25% to 35%, currently below 30% [3] - The city's pension and benefits account for as much as $21 billion of the budget [11] - 103% returns, beating the 7% benchmark, will save $22 billion that can be reinvested into the budget [11] New York City Budget & Efficiency - New York City's budget is around $115 billion with 327,000 employees [7] - The city paid out over $2 billion in claims last year [8] - Congestion pricing is ahead of schedule, delivering $15 billion for transit enhancements [12] Policy & Future Plans - There will be challenges with cuts coming from the federal budget [9] - Universal child care for every two and three-year-old will require raising revenue in Albany [20][21]

Healthcare Funding and Medicaid - The discussion revolves around potential Medicaid cuts and their impact on hospitals, particularly in New York [3][9][10] - A Republican Congressman argues Medicaid is set to grow by over 24% in the next 10 years, focusing on eliminating waste, fraud, and abuse [4][18] - Democrats claim the Congressional Budget Office projects $900 billion to $1 trillion in Medicaid cuts [9][19] - New York spends 83% more on Medicaid than the average of other states, leading to debates over mismanagement and expansive programs [5] - New York state spending has increased by $100 billion in one decade, contributing to debt and budget issues [6] Healthcare System Challenges in New York - New York faces challenges due to the state's mismanagement, leading to out-migration [6][7] - The state is allegedly spending billions on illegal immigrants, diverting funds from hospitals and healthcare [7] - Hospitals in New York are struggling due to decisions made by the state, particularly regarding Medicaid funding [13][14][17][34] - Safety net hospitals, heavily reliant on Medicaid and Medicare, face funding cuts from the state [14] Healthcare Access and Costs - The discussion highlights the issue of uninsured individuals receiving emergency care, with hospitals absorbing the costs and potentially passing them on through increased insurance rates [27][28][29][35] - The Affordable Care Act (Obamacare) is criticized for failing to address rising healthcare costs and premiums [31][32] - Consolidation within hospital systems has not resulted in promised economies of scale, contributing to the overall cost explosion in healthcare [32][33] Redistricting and Partisanship - The conversation shifts to redistricting, with concerns about the loss of competitive districts and the rise of partisan divides [38][39][44][45] - Both parties are accused of gerrymandering, and a bill is proposed to ban it nationwide [44] - New York is accused of initiating mid-decade redistricting for political gain [41][42][43]

Fiscal Policy & Budget - UK Chancellor of the Exchequer（英国财政大臣） Rachel Reeves 面临 510 亿英镑的预算缺口，需要在秋季预算中填补 [1]

Spain’s economic growth predates Pedro Sánchez and owes rather less to his reforms than to those of his predecessor. He has placed lackeys in supposedly independent institutions and has not passed a budget since 2023 https://t.co/8v8PbJto7e ...

Fiscal Policy - Poland's Donald Tusk abandons a costly election promise to increase tax-free personal income [1] - The decision is driven by budget strains due to higher defense spending [1]

Spain’s prime minister has not managed to get a budget through parliament since 2023, and last year he simply ignored the constitutional requirement to present one https://t.co/JZBsUz8BqD ...

South Korea’s Ministry of Economy and Finance may lose its authority to draft budgets as part of reforms planned by the Lee Jae Myung government https://t.co/l7X5BgEZgb ...

The European Commission wants to raise its next budget to €1.8trn ($2.1trn) cumulatively over seven years. The rise feels incommensurate with the multiple crises that Europe is facing. But it is probably as much as it could ask for https://t.co/RYTxqEAgRE ...

South Africa’s National Treasury plans to revamp its 2026 budget-preparation process after political wrangling saw this year’s proposal altered twice https://t.co/gfbyxRi4mf ...