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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.
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21 Jul 20
The US response to Covid-19 has been particularly challenging for state and local governments, the IMF noted while examining the impact of the pandemic on the world’s largest economy.
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30 Jun 20
Nearly $1.5bn was mistakenly sent to deceased citizens in the US as the government rushed to protect the economy against the effects of Covid-19.
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19 Jun 20
Global talks aimed at creating an international tax system able to deal with huge multinational digital companies such as Facebook and Amazon will continue without the US, after it pulled out of...
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16 Jun 20
Tax income made from legalising recreational marijuana should only be used to pay for related spending, and should not be viewed as a quick way to raise general fund revenue, a US think-tank has said.
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12 Jun 20
A wave of fraudulent unemployment-benefit claims has led the state audit office in Washington to launch a review into the US state government’s Employment Security Department.
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5 Jun 20
The US government has taken a step towards introducing tariffs to retaliate against digital taxes on ‘internet giants’ that are being pursued by several other countries as well as the European Union.
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22 May 20
The US spending watchdog has told the government it could save tens of billions of dollars by reducing overlap and duplication in its programmes.
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24 Apr 20
The US House of Representatives has approved $484bn more of coronavirus relief measures, bringing the government’s total spending on fighting the crisis to almost $3trn.
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31 Mar 20
The largest financial stimulus package in US history has been approved by the president to fight the economic effects of the coronavirus outbreak.
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26 Mar 20
The jury is still out on whether OECD talks will succeed in introducing a global digital tax for multinational firms such as Google, Apple, Facebook and Amazon
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24 Mar 20
The coronavirus outbreak will cause the US economy to contract by 24% in the second quarter of 2020, according to Goldman Sachs’ latest predictions, as the government prepares a $2trn stimulus...
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.
15 Jan 21The 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.
14 Jan 21Washington 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.
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.
20 Aug 20An ethics scandal has forced Canada’s finance minister to resign, paving the way for the country’s first ever female holder of the position.
19 Jun 20Global talks aimed at creating an international tax system able to deal with huge multinational digital companies such as Facebook and Amazon will continue without the US, after it pulled out of...
16 Jun 20Tax income made from legalising recreational marijuana should only be used to pay for related spending, and should not be viewed as a quick way to raise general fund revenue, a US think-tank has said.
12 Jun 20A wave of fraudulent unemployment-benefit claims has led the state audit office in Washington to launch a review into the US state government’s Employment Security Department.
5 Jun 20The US government has taken a step towards introducing tariffs to retaliate against digital taxes on ‘internet giants’ that are being pursued by several other countries as well as the European Union.
24 Apr 20The US House of Representatives has approved $484bn more of coronavirus relief measures, bringing the government’s total spending on fighting the crisis to almost $3trn.
31 Mar 20The largest financial stimulus package in US history has been approved by the president to fight the economic effects of the coronavirus outbreak.
26 Mar 20The jury is still out on whether OECD talks will succeed in introducing a global digital tax for multinational firms such as Google, Apple, Facebook and Amazon
24 Mar 20The coronavirus outbreak will cause the US economy to contract by 24% in the second quarter of 2020, according to Goldman Sachs’ latest predictions, as the government prepares a $2trn stimulus...
