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budget

News and updates about budget

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.

Netanyahu's Attorney: He Lives a Modest Life

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.

MK Cabel: Investigate PM Residence's Spending Budget

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 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.

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

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.

Cabinet to Vote on 2013 Austerity Budget

Lapid wants to Slash Defense Budget

Security cabinet meets to discuss proposed cuts in defense spending of over a billion dollars

Lapid wants to Slash Defense Budget

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

Lapid: Budget Cuts 'Painful and Necessary'

Minister of Finance says Israel must "return to responsible behavior so that we don't turn into Greece or Spain."

Lapid: Budget Cuts 'Painful and Necessary'

Opposition Slams Lapid Over Planned Cuts

Lapid chooses to avoid special Knesset session but finds time to post on Facebook, angering opposition.

Opposition Slams Lapid Over Planned Cuts

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.

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

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

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

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

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

 Lawmakers to Unveil Rival Budgets Amid Obama Charm Bid

Bayit Yehudi to Demand: No Coalition Money

Naftali Bennett says his party will insist that the government not hand out money to coalition parties.

Bayit Yehudi to Demand: No Coalition Money

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 Israel

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

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.

AARP Warns Tough Economy Threatens 50+ Retirement

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

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

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

PM Calls for New Elections

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 night

PM Calls for New Elections After Budget Talks Fail

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 situation

PM May Go for Early Elections After All, Observers Say

PA Appeals to Arab Ministers for More Money

The Palestinian Authority has appealed to the Arab League for more money, citing the “worst budget crisis” in nearly 20 years.

PA Appeals to Arab Ministers for More Money

Steinitz Proposes One-Year Budget for 2013

Steinitz says two-year budget rule should be lifted for elections year.

Steinitz Proposes One-Year Budget for 2013

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.

Iran, Others Propping Up Hamas

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.

PM Netanyahu: We Need Taxes to Pay for Defense

Budget Battle: Defense vs. Benefits

Upset in Defense Ministry as government weighs cuts to pay for benefits. “This could bring us back to 2006.”

Budget Battle: Defense vs. Benefits

Fischer Opposes Hasty Policies

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 clim

Bank of Israel Governor Makes Media Rounds to Counteract Demos

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?

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

Spending Cuts or Bust - A Congressional Dilemma

Congress has two months to avert a default and see which party blinks.

Spending Cuts or Bust - A Congressional Dilemma

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.

Analysis: Obama vs. Ryan the Four Trillion Dollar Question

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.

Netanyahu Proposes 'SuperTanker' for Housing in Israel

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.

Obama Offers Painful Cuts, Republicans Say Not Enough

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.

Knesset Approves 2011-2012 Budget, 63-33

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 Israel

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

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.

Knesset Approves Budget in Midnight Session

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.

Steinitz Presents 'Very Different' State Budget

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.

Israel Broadcasting Authority Salaries Enrage Many

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.

Union Unplugs Traffic Jam, Reaches Accord