Budget

Is the Trump Administration Pivoting US Defense Strategy to Counter China?
Policy & Legislation Is the Trump Administration Pivoting US Defense Strategy to Counter China?

The incoming Trump administration plans to implement significant changes to the Defense Department’s strategy, focusing on a shift from Europe to the Indo-Pacific region to address the growing threat posed by China. This new defense strategy is heavily influenced by key figures such as Austin D

Maryland Faces Budget Shortfall from Inheritance Tax Repeal
Government Maryland Faces Budget Shortfall from Inheritance Tax Repeal

The Moore administration in Maryland recently proposed eliminating the state’s inheritance tax starting in the fiscal year 2026. This move is part of a broader fiscal strategy aimed at addressing a projected $3 billion shortfall in the state’s budget. However, the proposal has led to unintended con

How Will Governor Healey's Budget Impact Massachusetts Residents?
Economic & Fiscal How Will Governor Healey's Budget Impact Massachusetts Residents?

Massachusetts Governor Maura Healey has introduced a comprehensive budget that proposes a range of tax adjustments, policy measures, and transportation investments. While Healey insists that there will be no increase in taxes, her budget includes applying existing taxes to some new products and

Global IT Spending to Surge Driven by Price Hikes and AI Advancements
Economic & Fiscal Global IT Spending to Surge Driven by Price Hikes and AI Advancements

Gartner Inc. predicts a notable increase in worldwide IT spending, projected to grow 9.8% to $5.61 trillion in 2025, ahead of the 7.7% increase anticipated for 2024. This significant surge, however, is largely driven by rising prices for existing products and services rather than an expansion in IT

KMT Proposes Extreme Budget Cuts Impacting Key Taiwanese Sectors
Economic & Fiscal KMT Proposes Extreme Budget Cuts Impacting Key Taiwanese Sectors

The Kuomintang (KMT) party in Taiwan has recently proposed sweeping budget cuts that have sparked significant controversy and backlash among various stakeholders. These cuts are set to impact a wide range of governmental ministries and institutions, raising serious concerns about the motivations

Brockville Faces Potential Doubling of 2025 Tax Levy Due to Capital Needs
Economic & Fiscal Brockville Faces Potential Doubling of 2025 Tax Levy Due to Capital Needs

Brockville's city council is grappling with a significant challenge as they consider over 100 proposed capital projects for the 2025 budget. These projects, essential for maintaining and enhancing the city's infrastructure and services, could nearly double the city's tax levy

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