Stanley Fischer Backs Lapid on Deficit GoalBank of Israel head comes to agreement with Lapid, backs 3% deficit target.
Lieberman: Like Obama, MKs Should 'Donate' 10% of SalaryMK Avigdor Lieberman has suggested that Knesset members donate 10% of their salaries back to the government.
Labor Head: Lapid Sounds Just Like NetanyahuYachimovich: Lapid's "Future" party should be renamed "Past." He is taking orders from Netanyahu’s staff.
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
Lawmakers to Unveil Rival Budgets Amid Obama Charm BidDemocrats will unveil their first budget in four years this week in the US Senate as House Republicans put forward their own blueprint
Bayit Yehudi to Demand: No Coalition MoneyNaftali Bennett says his party will insist that the government not hand out money to coalition parties.
Elections Over, Now Israelis Will have to Pony Up, Says ExpertRegardless of what the parties promised, says one financial expert, life after the elections is about to get more expensive in Israel
AARP Warns Tough Economy Threatens 50+ RetirementA new report from the AARP warns the drooping US economy is threatening future retirement for middle class workers age 50-plus.
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 year
Deri to Netanyahu: Show Us the Budget CutsShas’ Aryeh Deri urges Netanyahu to reveal planned spending cuts before elections so voters can have a say.
PM Calls for New Elections After Budget Talks FailIsrael will be voting for a new Knesset in the coming months, Prime Minister Binyamin Netanyahu announced Tuesday night
PM May Go for Early Elections After All, Observers SayBinyamin Netanyahu is in a very strong political position right now, and advisers are urging him to take advantage of the situation
Steinitz Proposes One-Year Budget for 2013Steinitz says two-year budget rule should be lifted for elections year.
Iran, Others Propping Up HamasSome 75% of the Hamas budget for Gaza in 2012 is slated to come from foreign donors, most notably Iran.
PM Netanyahu: We Need Taxes to Pay for DefensePrime Minister Binyamin Netanyahu has scaled down a tax hike on gasoline, but warns the Iron Dome anti-missile defense system costs money.
Budget Battle: Defense vs. BenefitsUpset in Defense Ministry as government weighs cuts to pay for benefits. “This could bring us back to 2006.”
Bank of Israel Governor Makes Media Rounds to Counteract DemosStanley Fischer tried to cool the atmosphere created by the demonstrations, warned against half baked policies in the current economic clim
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?
Spending Cuts or Bust - A Congressional DilemmaCongress has two months to avert a default and see which party blinks.
Analysis: Obama vs. Ryan the Four Trillion Dollar QuestionWith Obama's speech on the budget, the deficit issue has become the battleground for the 2012 campaign.
Netanyahu Proposes 'SuperTanker' for Housing in IsraelPrime Minister Netanyahu has proposed a new program of large-scale construction – though not in Judea/Samaria – to alleviate housing crisis.
Obama Offers Painful Cuts, Republicans Say Not EnoughWhile the budget unveiled today contains painful cuts, the Republicans argue that it does not go far enough.
Knesset Approves 2011-2012 Budget, 63-33MKs pass the 2011-2012 budget with a solid majority; Netanyahu says “fiscally and socially sound” budget will boost economy.
Education Ministry Dumps Program to Certify U.S.Olim TeachersINN report: A program that retrains licensed teachers from the US who make aliyah has been canceled and may jeopardize their moving to Israel
Knesset Approves Budget in Midnight SessionWith 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.
Steinitz Presents 'Very Different' State BudgetFinance Minister Yuval Steinitz presented the 2011-2012 state budget - and said it was significantly different than recent ones.
Israel Broadcasting Authority Salaries Enrage ManyA report on salaries in the publicly funded Israel Broadcasting Authority has shocked many. Clean government groups demand accountability.
Union Unplugs Traffic Jam, Reaches AccordThe Union of Local Authorities called off a protest that was to clog Jerusalem roads and instead reached an accord with the government.