budget cuts News

Trump Administration Proposes Significant Budget Cuts for 2026, Affecting Key Social Programs

The Trump administration is planning significant budget cuts for 2026, potentially affecting child support, education, health, and housing programs. The proposal is being finalized...

Apple TV+ Struggles: $1 Billion Annual Losses Revealed Amidst Growth

Apple TV+ is reportedly incurring $1 billion in annual losses despite a $5 billion investment in content and a growing subscriber base. Budget cuts and a $6.99 monthly fee highligh...

South Korea's Economic Policies Stalled by Impeachment Crisis and Budget Cuts

South Korea's economic policies are stalled by an impeachment crisis and budget cuts, particularly affecting support for semiconductors, AI, and nuclear power projects. Experts str...

South Korea's Opposition Party Risks Economic Chaos with Unilateral Budget Cuts

The opposition Democratic Party of Korea is pushing for significant budget cuts, raising economic uncertainty. Deputy Prime Minister Choi Sang-mok met with National Assembly Speake...

South Korea's Democratic Party Proposes Further Budget Cuts Amid Political Turmoil

The Democratic Party of Korea has proposed an additional 700 billion won budget cut, bringing the total reduction to 4.8 trillion won. This decision reflects the current political ...