Budget Cuts News - Latest Updates & Headlines
UN chief Antonio Guterres calls for structural reforms in global body
New York, May 13: United Nations Secretary-General Antonio Guterres on Monday called for wide-ranging structural reforms to enhance the global body's effectiveness. He outlined wide-ranging reform plans to revamp how the UN system operates, including cutting costs, relocating services from high-cost duty stations, centralizing information technology and support services, expanding automation and digital platforms, noting that some of these changes will be "painful" for the UN family.
US: California moves to create its own science institute amid federal funding cuts
California, May 4: California lawmakers are racing to build its own National Institutes of Health (NIH) as the US administration pushed deep federal funding cuts that experts warned could cripple innovation, damage the economy, and put future medical breakthroughs at risk.
Trump signs memo to extend federal hiring freeze through July: White House
Washington, April 18: US President Donald Trump has signed a memorandum extending the federal hiring freeze through July 15, White House principal deputy press secretary Harrison Fields wrote in a post on social media platform X.
MGNREGA has been weakened, says Sonia Gandhi in Rajya Sabha
New Delhi, March 18: Congress Parliamentary Party Chairperson and Rajya Sabha member Sonia Gandhi on Tuesday raised concerns over the weakening of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme.
Pentagon ordered to plan for 8 per cent annual defence budget cuts over next 5 years
Washington DC, February 20: Defence Secretary Pete Hegseth has instructed top Pentagon and US military officials to prepare plans to reduce the defence budget by 8 per cent annually over the next five years, according to a memo obtained by The Washington Post.
US planning to reallocate $50 billion of Pentagon budget; fire generals: Media reports
New York, Feb 20: President Donald Trump's administration is planning to cut $50 billion in various areas of the Pentagon budget and reallocate them to others considered priority areas like preventing illegal migration.
Trump asks US Treasury Dept to stop production of pennies, says Rip waste out of our great nation's budget.
Washington, DC, February 10: United States President Donald Trump has announced that Washington DC will stop minting pennies, citing their high production cost, which exceeds their face value and termed the practice "wasteful."
US State Department says it is blocking all funding to woke programs
Washington DC, January 30: The US State Department on Wednesday (local time) said that the US is "blocking" all the funding to "woke programs" including support for gender development programs, sex education and pro-abortion programs as they do not "make America stronger, safer, or more prosperous."
Sri Lankan President sets limits on expenses of staff, vehicles, ministers
Colombo, Jan 23: The office of Sri Lankan President Anura Kumara Dissanayake has issued new guidelines to ministers and deputy ministers, capping the size of their staff, vehicle use, and other expenses in a bid to reduce government spending.