/ Mar 1, 2017

Trump's budget would slash diplomacy, foreign aid

The Trump administration is proposing a 37 percent cut to the budgets for diplomacy and foreign aid to help pay for increased military spending, U.S. officials said Tuesday. The steep cuts raised concerns among lawmakers and national security veterans about America’s ability to promote ...

/ Dec 17, 2016

Japan mulls raising tax grants to local governments

The government is considering raising the amount of tax grants to local governments for the first time in seven years in fiscal 2017 starting next April, informed sources said. The central government plans to boost the amount of grants by nearly ¥300 billion from ...

Dec 6, 2016

Pentagon buried study that found $125 billion in wasteful spending: report

A Defense Department study that proposed cutting $125 billion in administrative waste from the Pentagon budget was buried amid concerns the findings would give Congress an excuse to further slash defense spending, The Washington Post reported Monday. The report, issued in January 2015, identified ...