Government Approves 4% Cut

Cabinet votes to approve 4% budget cut. Lapid: This is necessary to avoid bankruptcy.Maayana Miskin, 7/21/2013, 4:04 PM

Litzman Attacks Lapid: He Knows Nothing about Economy

Litzman calls Lapid ignorant, and wonders why he could cancel dental care for children, but not a tax hike.Maayana Miskin, 7/3/2013, 12:15 PM

Deri: We May Sue Over Budget Cuts in Intl Criminal Court

In a debate on the state budget Monday, Shas leader Aryeh Deri said that he might sue the government of Israel – in the World CourtDavid Lev, 6/24/2013, 7:26 PM

Feiglin: I Found the Money – We Spent It on Oslo

Feiglin: We’ve heard how much ‘settlements’ cost, let’s see how much the political left costs.Maayana Miskin, 6/18/2013, 11:23 AM

Expensive Tel Aviv Port to Get Expensive Upgrade

The Tel Aviv Municipality is planning another “fun zone” for residents and visitors alike, on the grounds of the Tel Aviv portDavid Lev, 6/16/2013, 7:36 PM

Israel Cannot Depend on UN Forces For Security

PM Netanyahu says Israel can't depend on the UN for security in the Golan. He told Russia Israel won't fire at Syria if Syria does the same.Chana Ya'ar, 6/9/2013, 1:27 PM

Meretz MK Hints Be'er Sheva Shooting Related to Budget

MK Tamar Zandberg asserts the shooting in Be’er Sheva was a result of the state budget. Deputy Finance Minister: A miserable statement.Elad Benari, 5/21/2013, 4:15 AM

Netanyahu's Attorney: He Lives a Modest Life

Prime Minister Binyamin Netanyahu’s attorney plays down the enormous increase in the budget of the Prime Minister’s Residence.Arutz Sheva Staff, 5/19/2013, 6:35 AM

MK Cabel: Investigate PM Residence's Spending Budget

MK Eitan Cabel asks State Comptroller to investigate the increase in the spending budget of the Prime Minister’s official residence.Elad Benari, 5/14/2013, 6:15 PM

Government Approves State Budget

After talks into the night, the Israeli government approves the state budget for 2013 and 2014, by a majority of 21-1.Elad Benari, 5/14/2013, 6:14 AM

Budget of Prime Minister's Residence Jumps 80% in Four Years

The planned austerity measures have not hit PM Netanyahu's expenses, which have jumped 80% since 2009.Elad Benari, 5/14/2013, 3:42 AM

Cabinet to Vote on 2013 Austerity Budget

Knesset meeting on Monday to vote on the 2013 austerity budget proposal after smaller-than-expected $840 million cut in defense spending.Arutz Sheva staff, 5/13/2013, 12:27 PM

Lapid Promises to Fight for the Working Man

Finance Minister Yair Lapid says that he intends to fight for the working man who "just pays the bills".Elad Benari, 4/24/2013, 3:14 AM

Stanley Fischer Backs Lapid on Deficit Goal

Bank of Israel head comes to agreement with Lapid, backs 3% deficit target., 4/23/2013, 6:49 PM

Lieberman: Like Obama, MKs Should 'Donate' 10% of Salary

MK Avigdor Lieberman has suggested that Knesset members donate 10% of their salaries back to the government.David Lev, 4/10/2013, 1:13 AM

Labor Head: Lapid Sounds Just Like Netanyahu

Yachimovich: Lapid's "Future" party should be renamed "Past." He is taking orders from Netanyahu’s staff.Maayana Miskin, 3/24/2013, 5:55 PM

White House: Republican Budget 'Doesn't Add Up'

The White House warned that a new Republican budget plan would hike taxes on the middle class or fail to cut the deficit , 3/12/2013, 6:49 PM

Lawmakers to Unveil Rival Budgets Amid Obama Charm Bid

Democrats will unveil their first budget in four years this week in the US Senate as House Republicans put forward their own blueprint, 3/12/2013, 3:33 PM

Bayit Yehudi to Demand: No Coalition Money

Naftali Bennett says his party will insist that the government not hand out money to coalition parties.Maayana Miskin, 3/5/2013, 6:01 PM

Elections Over, Now Israelis Will have to Pony Up, Says Expert

Regardless of what the parties promised, says one financial expert, life after the elections is about to get more expensive in IsraelDavid Lev, 1/24/2013, 3:34 PM

AARP Warns Tough Economy Threatens 50+ Retirement

A new report from the AARP warns the drooping US economy is threatening future retirement for middle class workers age 50-plus. Chana Ya'ar, 1/16/2013, 1:41 PM

Steinitz: 'Read My Lips – No New Taxes (Probably)'

In an interview on Channel Two Sunday night, Finance Minister Yuval Steinitz said that he did not expect to have to raise taxes this yearDavid Lev, 1/13/2013, 8:50 PM

Deri to Netanyahu: Show Us the Budget Cuts

Shas’ Aryeh Deri urges Netanyahu to reveal planned spending cuts before elections so voters can have a say. Maayana Miskin, 12/19/2012, 4:44 AM

PM Calls for New Elections After Budget Talks Fail

Israel will be voting for a new Knesset in the coming months, Prime Minister Binyamin Netanyahu announced Tuesday nightDavid Lev, 10/9/2012, 8:15 PM

PM May Go for Early Elections After All, Observers Say

Binyamin Netanyahu is in a very strong political position right now, and advisers are urging him to take advantage of the situationDavid Lev, 8/30/2012, 10:38 AM

Steinitz Proposes One-Year Budget for 2013

Steinitz says two-year budget rule should be lifted for elections year. Maayana Miskin, 6/3/2012, 2:54 PM

Iran, Others Propping Up Hamas

Some 75% of the Hamas budget for Gaza in 2012 is slated to come from foreign donors, most notably Iran.Gabe Kahn, 4/2/2012, 7:08 PM

PM Netanyahu: We Need Taxes to Pay for Defense

Prime Minister Binyamin Netanyahu has scaled down a tax hike on gasoline, but warns the Iron Dome anti-missile defense system costs money.Chana Ya'ar, 4/1/2012, 3:58 PM

Budget Battle: Defense vs. Benefits

Upset in Defense Ministry as government weighs cuts to pay for benefits. “This could bring us back to 2006.” Maayana Miskin, 8/16/2011, 10:39 PM

Bank of Israel Governor Makes Media Rounds to Counteract Demos

Stanley Fischer tried to cool the atmosphere created by the demonstrations, warned against half baked policies in the current economic climAryeh Ben Hayim, 8/2/2011, 5:50 PM

Just How Much Would it Cost to Satisfy Protesters' Demands?

Just how much would it cost the Israeli taxpayer if the government tried to satisfy all the demands by protesters?David Lev, 7/29/2011, 12:46 AM

Spending Cuts or Bust - A Congressional Dilemma

Congress has two months to avert a default and see which party blinks.Amiel Ungar, 6/1/2011, 11:41 PM

Analysis: Obama vs. Ryan the Four Trillion Dollar Question

With Obama's speech on the budget, the deficit issue has become the battleground for the 2012 campaign.Amiel Ungar, 4/14/2011, 10:39 PM

Netanyahu Proposes 'SuperTanker' for Housing in Israel

Prime Minister Netanyahu has proposed a new program of large-scale construction – though not in Judea/Samaria – to alleviate housing crisis.Hillel Fendel, 3/10/2011, 12:06 PM

Obama Offers Painful Cuts, Republicans Say Not Enough

While the budget unveiled today contains painful cuts, the Republicans argue that it does not go far enough.Amiel Ungar, 2/15/2011, 1:03 AM

Knesset Approves 2011-2012 Budget, 63-33

MKs pass the 2011-2012 budget with a solid majority; Netanyahu says “fiscally and socially sound” budget will boost economy.Maayana Miskin, 12/29/2010, 11:00 PM

Education Ministry Dumps Program to Certify U.S.Olim Teachers

INN report: A program that retrains licensed teachers from the US who make aliyah has been canceled and may jeopardize their moving to IsraelDavid Lev, 10/27/2010, 9:04 AM

Knesset Approves Budget in Midnight Session

With 62 in favor and 34 against, the Knesset approved the state budget for 2011. Six Labor MKs were absent in protest of the kollel stipends.Gil Ronen, 10/26/2010, 9:34 AM

Steinitz Presents 'Very Different' State Budget

Finance Minister Yuval Steinitz presented the 2011-2012 state budget - and said it was significantly different than recent ones.David Lev, 10/20/2010, 7:07 AM

Israel Broadcasting Authority Salaries Enrage Many

A report on salaries in the publicly funded Israel Broadcasting Authority has shocked many. Clean government groups demand accountability.Nissan Ratzlav-Katz, 10/27/2009, 11:22 PM

Union Unplugs Traffic Jam, Reaches Accord

The Union of Local Authorities called off a protest that was to clog Jerusalem roads and instead reached an accord with the government.Tzvi Ben Gedalyahu, 7/6/2009, 8:39 AM