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7 Apr 21
A worldwide agreement on taxing multinational companies appears closer after the US signalled its support for a minimum global rate of corporation tax, European finance ministers have said.
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30 Mar 21
The US is preparing to retaliate over six countries’ digital taxes because they “discriminate” against American companies.
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23 Mar 21
US president Joe Biden is considering proposals for a $3trn infrastructure, climate and job support package, according to reports.
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17 Mar 21
A group of Democratic US politicians have proposed spending $12bn more on foreign affairs after years of flat spending.
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11 Mar 21
Joe Biden’s $1.9trn stimulus package has been approved by the US Congress, in a move predicted to boost the world economy during the recovery from Covid-19 and support some of the country’s poorest...
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9 Mar 21
Canada has set up an all-female advisory group aimed at making sure its next budget improves the lives of women, who the government said have borne the brunt of the economic hardship caused by Covid-...
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4 Mar 21
A group of progressive Democrats in the US senate has introduced a bill for a 3% annual tax on wealth exceeding $1bn, and 2% on that above $50m.
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12 Feb 21
US president Joe Biden’s plan to raise the minimum wage in the US would lift nearly one million people out of poverty, but would also result in a large increase to the budget deficit, a government...
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29 Jan 21
The new US administration is likely to cooperate with other countries in finding a solution to the issues around international corporation tax, German finance minister Olaf Scholz has said.
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28 Jan 21
A US council that took funding away from its police department in the wake of Black Lives Matter protests is to use some of that money to provide services to homeless people.
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22 Jan 21
The USA’s top health official says the country will join global efforts to help poor countries overcome Covid-19, while new Treasury secretary Janet Yellen has committed to big domestic spending...
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18 Jan 21
Canada will use “whatever fiscal firepower” is needed in its fight against the effects of Covid-19, but only in the short term, prime minister Justin Trudeau has said.
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15 Jan 21
The US will undertake huge spending as the Joe Biden presidency gets underway, the president-elect has said less than a week ahead of taking office.
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14 Jan 21
Washington must step in to help New York with the largest budget deficit in its history to stop the need for “extraordinary negative measures”, the state’s governor has said.
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8 Jan 21
Tariffs on French goods such as champagne, cheese and designer handbags will not be imposed by the US government as planned this week – a move that was intended as retaliation against France’s...
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27 Nov 20
Incoming US president Joe Biden is to nominate former Federal Reserve head Janet Yellen as the first female secretary of the US Treasury, according to reports in America.
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20 Nov 20
Participatory budgeting can help marginalised communities respond to immediate local needs better than traditional public spending, a supporter of the concept has said after a US district funded a...
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10 Nov 20
US president-elect Joe Biden faces some of the worst economic conditions in 70 years, ratings agency Moody’s has warned.
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9 Nov 20
San Francisco will tax “overpaid” executives to pay health workers, after city residents voted through a series of measures targeting businesses and property owners.
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9 Oct 20
The US will need to confront several policy challenges with “wide-ranging credit impact” over the next four years, ratings agency Moody’s has said as presidential candidates Donald Trump and Joe...
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18 Sep 20
New Jersey has adopted a so-called ‘millionaires tax’ in light of the fiscal pressures of Covid-19.
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14 Sep 20
The US has reached a record budget deficit of $3trn this year as the government fights the health and economic crises caused by Covid-19.
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28 Aug 20
The US Federal Reserve has adopted a new monetary policy strategy, which will be more accommodating of temporary increases in inflation.
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20 Aug 20
An ethics scandal has forced Canada’s finance minister to resign, paving the way for the country’s first ever female holder of the position.
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14 Aug 20
A $1trn impasse between the two main political parties is blocking the US government from agreeing its next tranche of Covid-19 stimulus.
7 Apr 21A worldwide agreement on taxing multinational companies appears closer after the US signalled its support for a minimum global rate of corporation tax, European finance ministers have said.
30 Mar 21The US is preparing to retaliate over six countries’ digital taxes because they “discriminate” against American companies.
23 Mar 21US president Joe Biden is considering proposals for a $3trn infrastructure, climate and job support package, according to reports.
17 Mar 21A group of Democratic US politicians have proposed spending $12bn more on foreign affairs after years of flat spending.
9 Mar 21Canada has set up an all-female advisory group aimed at making sure its next budget improves the lives of women, who the government said have borne the brunt of the economic hardship caused by Covid-...
4 Mar 21A group of progressive Democrats in the US senate has introduced a bill for a 3% annual tax on wealth exceeding $1bn, and 2% on that above $50m.
12 Feb 21US president Joe Biden’s plan to raise the minimum wage in the US would lift nearly one million people out of poverty, but would also result in a large increase to the budget deficit, a government...
28 Jan 21A US council that took funding away from its police department in the wake of Black Lives Matter protests is to use some of that money to provide services to homeless people.
22 Jan 21The USA’s top health official says the country will join global efforts to help poor countries overcome Covid-19, while new Treasury secretary Janet Yellen has committed to big domestic spending...
18 Jan 21Canada will use “whatever fiscal firepower” is needed in its fight against the effects of Covid-19, but only in the short term, prime minister Justin Trudeau has said.
8 Jan 21Tariffs on French goods such as champagne, cheese and designer handbags will not be imposed by the US government as planned this week – a move that was intended as retaliation against France’s...
27 Nov 20Incoming US president Joe Biden is to nominate former Federal Reserve head Janet Yellen as the first female secretary of the US Treasury, according to reports in America.
20 Nov 20Participatory budgeting can help marginalised communities respond to immediate local needs better than traditional public spending, a supporter of the concept has said after a US district funded a...![Donald Trump and Joe Biden are the two main candidates for president in the 2020 US election [image: Shutterstock]](https://www.publicfinancefocus.org/sites/default/files/styles/pf_square/public/trump-biden-shutterstock_1724296963.jpg?itok=4JmS23o7 "Donald Trump and Joe Biden are the two main candidates for president in the 2020 US election [image: Shutterstock]")
10 Nov 20US president-elect Joe Biden faces some of the worst economic conditions in 70 years, ratings agency Moody’s has warned.
9 Nov 20San Francisco will tax “overpaid” executives to pay health workers, after city residents voted through a series of measures targeting businesses and property owners.
28 Aug 20The US Federal Reserve has adopted a new monetary policy strategy, which will be more accommodating of temporary increases in inflation.
