Topic
Fiscal Policy
Government taxation, spending and borrowing decisions and their market consequences.
- Fuel economy fact Sep 29, 2026NHTSA sets 34.9 mpg fleet average by 2031The department estimates the new CAFE standards at 34.9 miles per gallon in model year 2031, up from 30.1 in 2024.
- France inference Sep 11, 2026Bank of France Puts Debt-Cancellation Plan on a Legal ClockEmmanuel Moulin's intervention narrows Jean-Luc Melenchon's proposal to treaty authority, default treatment and the budget assumptions France still has to publish.
- Campaign Ledger inference Sep 10, 2026Trump’s $5,000 Dividend Puts A Trillion-Dollar Bill Before CongressThe promise has a primary speech record and a reported adult-count arithmetic, but no identified eligibility rule, funding source or timing mechanism.
- Macro Ledger fact Sep 9, 2026Bessent puts Treasury's balance sheet into foreign-policy grammarThe record supports a sharper doctrine while leaving guarantees, equity, contingent exposure and cash outlays in separate unresolved columns.
- Capital Before Charter inference Aug 30, 2026The Defence Bank Is Still a DraftNine governments have declared an intention to establish the DSRB. Its charter remains unpublished, and no public subscription table fixes who will pay what. Capital commitments still await public country-level numbers.
- Customs Ledger fact Aug 25, 2026Ottawa Prints the Matching Tariff ListThe missing ledger is now public: 15, 25 and 50 percent counter-tariffs covering C$27.6 billion of U.S. imports, effective 12:01 a.m. EDT on 8 September. Steel and aluminum already at 25 percent rise to 50.
- Lévis fact Aug 24, 2026Canada Awards Davie Six IcebreakersPublic Services and Procurement Canada awarded Chantier Davie a design-and-build contract for six program icebreakers. The yard put the fixed-price figure at $11.3 billion, taxes excluded. Construction is scheduled to start in 2027. No matching-tariff schedule was published the same day.
- Cost of comfort inference Jul 21, 2026Burnham’s VAT cut lifts gilt yieldsThe new prime minister opened with cheaper household electricity and an immediate rise in Britain’s borrowing costs. One funded tax cut bought political relief while leaving his wider fiscal doctrine unwritten.