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Budget Cuts

News and updates about Budget Cuts

MKs' Salaries to be Cut by Only 1%

Knesset committee reverses decision to cut MKs' salaries by 10%. MK Calderon: I will donate the remaining 9%.

MKs' Salaries to be Cut by Only 1%

Rabbi: Don’t Separate Hareidi, Zionist Yeshivas

Rabbi: Don’t distinguish between religious-Zionist, hareidi yeshivas – we’re all in this together.

Rabbi: Don’t Separate Hareidi, Zionist Yeshivas

Knesset Approves First Reading of State Budget

After a heated debate, Knesset approves first reading of budget for 2013-2014 by a majority of 58 to 44.

Knesset Approves First Reading of State Budget

Knesset to Approve 2013-2014 Budget Today

Knesset plenum expected to ratify two-year budget in the first reading, but it will be modified.

Knesset to Approve 2013-2014 Budget Today

Religious Zionist Uproar: ‘Death Blow’ to Yeshivas

Government to cut yeshiva budgets by over 50%. Sources in Bayit Yehudi admit, ‘This is a death blow.’

Religious Zionist World in Uproar over ‘Death Blow’ to Yeshivas

MK Mozes: 'Hatred of Hareidim' Costs State Money

The state is planning to cut funding for post-high school yeshiva programs. This will result in economic damage for Israel, says MK Mozes

MK Mozes: 'Hatred of Hareidim' Costs State Big Money

‘We’re Heading for Repeat of Second Lebanon War’

‘National responsibility’ activists angry, worried at decision to slash IDF training. ‘We’ve been there before.’

‘We’re Heading for Repeat of the Second Lebanon War’

CoS Gantz Slashes IDF Training, Other Programs

Chief of Staff Benny Gantz announced that the army would be forced to cut training missions for soldiers because of budget cuts

CoS Gantz Slashes IDF Training, Other Programs

Labor Calls to MKs: Don’t Vote for ‘Coward’s Tax’

Labor head slams Lapid’s plan to raise the VAT as “coward’s tax,” proposes an alternative.

Labor Calls to MKs: Don’t Vote for ‘Coward’s Tax’

Lapid Publishes Budget Q-and-A

Finance Minister reveals how budget changes will affect students, the middle class, the poor, and more.

Lapid Publishes Budget Q-and-A

Meretz MK Hints 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.

Meretz MK Hints Be'er Sheva Shooting Related to Budget

Piron: A Simple Conversation Turned into a Storm

Education Minister stresses that the cut in funding of Shas's schools will happen when his public hareidi schools are established.

Piron on Deri: A Simple Conversation Turned into a Storm

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.

Government Approves State Budget

Budget of PM's Residence Jumps 80% in Four Years

The planned austerity measures have not hit PM Netanyahu's expenses, which have jumped 80% since 2009.

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

Budget of Shas Schools Will Not be Cut

Deri, Piron and Lapid agree to postpone the planned cuts in Shas's network of schools.

Budget of Shas Schools Will Not be Cut

Official: Hareidim, Dati Le'umi 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: VAT on Produce, Child Payments Cut

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

Budget Cuts: Tax on Vegetables, Child Payments Slashed

‘Social Justice’ 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

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

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 to Delay Trial of Bin Laden Comrade

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

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 Refusing to Deal

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 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