Trump signs sweeping tax and spending cuts into law on Fourth of July

[ad_1] Listen to article US President Donald Trump signed into law a massive package of tax and spending cuts at the White House on Friday, staging an outdoor ceremony on the Fourth of July holiday that took on the air of a Trump political rally. With military jets flying overhead and hundreds of supporters in attendance, Trump … Read more

US Senate passes Trump’s sweeping tax, spending bill

[ad_1] Listen to article The Republican-controlled US Senate on Tuesday passed President Donald Trump’s sweeping tax and spending bill, a massive legislative package that would enshrine many of his top policy goals into law while adding $3.3 trillion to the national debt. The bill now heads back to the House of Representatives for final approval. Trump has … Read more

Departmental spending exceeds budget

[ad_1] KARACHI: Despite a projected budget deficit exceeding Rs38 billion for the upcoming financial year, most Sindh government departments have shown little willingness towards effectively controlling expenditures. Budget documents have revealed that several departments have overspent their allocated budgets during the current fiscal year, with additional expenses mostly attributed to non-productive categories such as fuel, … Read more

NATO agrees massive spending hike

[ad_1] THE HAGUE: NATO countries agreed Wednesday to massively ramp up their defence spending to satisfy US President Donald Trump, who hailed it as a “monumental win” for America — and reaffirmed his country’s commitment to protect its European allies. Trump cut a jubilant figure after NATO’s 32 countries agreed to his headline target of five … Read more

PTI criticises VIP vehicle spending

[ad_1] LAHORE: The Pakistan Tehreek-e-Insaf (PTI) has criticised the Punjab government for approving the purchase of hundreds of high-end vehicles for officials amid ongoing economic hardship and underfunded public services. In an statement, the party said the government has allocated over Rs2.1 billion for 283 official vehicles, including 10 bulletproof vehicles costing Rs500 million for … Read more

District hospitals low on spending agenda

[ad_1] LAHORE: While the Punjab government has increased the health sector development budget for 2025-26 by 131 per cent as compared to the outgoing financial year, the non-development expenses outweigh the allocation and the tehsil and district hospitals appear to have been accorded a low priority. “We appreciate the Punjab government over the allocation of … Read more