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Federal budget News

20 Oct 2017

US Senate passes $4tn budget blueprint

President Donald Trump's drive to overhaul the US tax code cleared a critical hurdle on Thursday when the Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans to pursue a tax-cut package without Democratic support.

Swiss government

11 Feb 2015

Switzerland slides into deficit on surprise revenue fall

The Swiss government said Wednesday it suffered its first federal budget deficit in nearly a decade last year following a surprise 9 percent drop in key sources of tax revenue.

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