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Budget Cuts

News and updates about Budget Cuts

Hesder Official: Hareidim, Religious Zionists Suffer Together

The budget cuts proposed by the government are decimating all yeshivas, a top Hesder Yeshiva official said

Hesder Official: Hareidim, Religious Zionists Suffer Together

Talks on Defense Cuts End, No Agreement Yet

Israel's security cabinet ends marathon talks on cuts in defense spending. Final decision expected Monday morning.

Talks on Defense Cuts End, No Agreement Yet

Lapid: In Six Months It Will be Better

Finance Minister Yair Lapid assures angry Israelis that he is following through on his promises and that the budget cuts are the right move.

Lapid: In Six Months It Will be Better

Lapid Against ‘Social Protests’

Finance Minister explains why he no longer supports ‘cost of living’ rallies. Social protests previously brought him to power.

Lapid Against ‘Social Protests’

Protesters Outside Lapid's Home Tell Him to Resign

About 100 people demonstrated outside the home of Finance Minister Lapid against the planned budget cuts, calling on him to resign.

Protesters Outside Lapid's Home Tell Him to Resign

Lapid: I Won't Give Away Money I Don't Have

Finance Minister Yair Lapid attempts to justify the budget cuts. "The rich are getting hit too."

Lapid: I Won't Give Away Money I Don't Have

Lapid: We Knew This Would be Hard

Finance Minister says budget cuts are hard, inevitable.

Lapid: We Knew This Would be Hard

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".

Lapid Promises to Fight for the Working Man

Stanley Fischer Backs Lapid on Deficit Goal

Bank of Israel head comes to agreement with Lapid, backs 3% deficit target.

Stanley Fischer Backs Lapid on Deficit Goal

Budget Cuts: Tax on Vegetables, Child Payments Slashed

Government plans cuts to keep deficit under control. How will cuts impact average Israeli?

Budget Cuts: Tax on Vegetables, Child Payments Slashed

‘Social Justice Forum’ Backs Lapid: Increase the Deficit

Group founded by ‘social justice’ protesters backs Lapid on budget, says increasing deficit is ‘responsible.’

‘Social Justice Forum’ Backs Lapid: Increase the Deficit

Gafni: Lapid Hiding His Real Intention to Hurt the Poor

MK Moshe Gafni criticizes Finance Minister Yair Lapid’s planned budget cuts, says they will hurt the country’s weaker sectors.

Gafni: Lapid Hiding His Real Intention to Hurt the Poor

Proposed Budget: Raise the VAT, Cut Civil Servants' Pay

The Treasury plans to raise the VAT and cut the wages of civil servants in order to reduce Israel’s deficit.

Proposed Budget: Raise the VAT, Cut Civil Servants' Pay

US Budget Cuts Could Delay Trial of Bin Laden Son-In-Law

The highly anticipated trial of Osama bin Laden's son-in-law could be delayed due to U.S. federal budget cuts.

US Budget Cuts Could Delay Trial of Bin Laden Son-In-Law

Hagel: 'Everything On Table' As US Cuts Defense

US Secretary of Defense Chuck Hagel says Pentagon must "put everything on the table" as it struggles to adjust to major spending cuts.

Hagel: 'Everything On Table' As US Cuts Defense

Netanyahu, Lapid Agree on Budget Cuts

Finance Minister Yair Lapid and Prime Minister Binyamin Netanyahu have agreed on a series of cuts, including in the defense budget.

Netanyahu, Lapid Agree on Budget Cuts

Labor Head: Lapid Sounds Just Like Netanyahu

Yachimovich: Lapid's "Future" party should be renamed "Past." He is taking orders from Netanyahu’s staff.

Labor Head: Lapid Sounds Just Like Netanyahu

Top Hareidi Rabbi: Yeshiva Budget Cuts 'Dangerous'

Rabbi Shmuel Vozner said that cutting funding for hareidi yeshivot will "cause the future existence of Israel to be in doubt.”

Top Hareidi Rabbi: Yeshiva Budget Cuts 'Dangerous'

Report: US to Cut Aid to Israel by $150M

An unconfirmed report says American foreign aid to Israel is going to be cut by $150 million. The figure is lower than what was expected.

Report: US to Cut Aid to Israel by $150M

US Frees Detained Migrants as Budget Cuts Loom

US officials released hundreds of detained immigrants to trim expenses ahead of massive automatic budget cuts due to take effect this week.

US Frees Detained Migrants as Budget Cuts Loom

Obama Warns: Budget Cuts will Slow Economy, Eliminate Jobs

Obama warned warring politicians it was time to start governing as Washington deals with another crisis threatening the fragile economy.

Obama Warns: Budget Cuts will Slow Economy, Eliminate Jobs

Obama Blames Republicans for Stalemate in Budget Talks

Obama accused Republicans of refusing to deal and painted a dire picture of the US economy if the automatic cuts take effect

Obama Blames Republicans for Stalemate in Budget Talks

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.

Deri to Netanyahu: Show Us the Budget Cuts

Bibi’s Approval at All-Time Low over Budget Cuts

PM, Finance Minister see popularity drop as budget cuts, tax hike are approved.

Bibi’s Approval at All-Time Low over Budget Cuts

Gov't Approves Massive Tax Hikes, Spending Cuts

The government on Monday passed a sweeping measure to tighten Israel's belt at a time when the world is facing another financial crisis.

Gov't Approves Massive Tax Hikes, Spending Cuts