Meanwhile, we got time for breaking news right now. Emily Wilkins with that out of Washington DC. Emily.>> Hey, Brian. Well, as the shutdown is in its 17th day, the White House is once again looking to ramp up pressure on Democratic senators to get them to vote for a stop gap to reopen the government. And now we can report that the Office of Management and Budget.They've really kind of been at the tip of Trump's budget push. They are announcing that the Army Corps of Engineers no longer has the funding it n ...

Fiscal Policy & Economic Outlook - The UK government faces a challenging budget season with potential tax increases and spending cuts [1] - The government aims to meet fiscal rules, reduce debt as a share of the economy, and balance day-to-day spending with tax receipts [2] - The government acknowledges global economic pressures including conflict in the Middle East, Russia's aggression in Ukraine, higher defense spending, and increasing trade barriers [2] - The government recognizes the need for a buffer to absorb economic shocks, but building more headroom requires further tax increases or spending cuts [4] - The Independent Office for Budget Responsibility (OBR) will provide forecasts, and the government aims to exceed those expectations through policies on trade, investment, planning, and capital market reform [3][14][15] Taxation & Investment - The government increased taxes on the wealthiest individuals and businesses in the previous year [5] - The government aims to create a pro-growth budget that attracts and retains talent and encourages business growth and investment in the UK [6] - The government has secured significant foreign direct investment, including from US technology companies [7] - The government has made changes to tax arrangements for non-domiciled individuals [8] - The government doubled the number of visas available for high net worth individuals, entrepreneurs, and academics in growth sectors [9] Welfare & Employment - The government emphasizes the importance of managing welfare budgets and reforming the welfare system [10] - The government has implemented changes to the universal credit system to reduce incentives related to health-related elements [11] - The government announced a youth guarantee to help young people not in education, employment, and training get back into work [11] - The government is addressing challenges in youth unemployment and inactivity with targeted programs [12]

Government Fiscal Policy & Investor Confidence - UK government's budget faces the challenge of convincing investors about the UK's long-term economic prospects [1] - Past gilt market experiences have seemingly influenced Chancellor Rachel Reeves' approach to focus on the "black hole" in the budget [1]

That's a France where Prime Minister Sebastian Lecornu has won the crucial backing of the Socialist Party in the National Assembly. The socialists who hold leverage in the lower house say they won't vote to topple the country's fledgling government after the PM promised to suspend President Macron's unpopular pension reform. Cibulkova group.The parliament this fall are opposed to Parliament to suspend the 2023 pension reform until the presidential election. No increase in the retirement age will take place ...

Italy’s latest budget will ease the burden on middle-class earners, allowing Prime Minister Giorgia Meloni to keep her promise to voters at a cost of about €9 billion over three years https://t.co/RSHf3kRfBt ...

France’s Premier Sebastien Lecornu Prepares to Set Out 2026 Budget - Live https://t.co/lg7dNeuOy3 ...

France’s caretaker finance minister, Roland Lescure, said the country is on course to meet its budget promises to the European Union https://t.co/oFwhSDKQ6k ...

French markets edged higher as the country’s caretaker prime minister struck a note of optimism on the budget before starting a final day of talks to form a government https://t.co/qPjDYlrZ1P ...

We're joined on Bloomberg TV and radio by Republican Senator Rand Paul of Kentucky. Senator, it's great to have you back on Bloomberg. Welcome.Thanks, Robert. Absolutely. I'm going to start with the government shutdown, which is, of course, driving so much of the conversation here in Washington, D.C. And you're in a unique situation. You're standing alone among Republicans in the Senate.Are you. The last debt and deficit hawk among Republicans in the upper chamber. Feels that way sometimes.Yeah. You know, t ...

Prime Minister Giorgia Meloni says banks will once again have to contribute to Italy’s budget https://t.co/oV50HHfoDR ...