2020 budget news

Here are some key updates on the 2020 budget news:

United States:

• On February 11, 2020, the White House released its proposed budget for fiscal year 2021, which includes a $4.8 trillion spending plan.
• The budget proposal includes a 5% increase in defense spending, a 12% increase in education spending, and a 15% increase in healthcare spending.
• The budget also includes a $2.5 trillion infrastructure plan, which would be funded through a combination of public and private investment.
• The budget proposal also includes a number of tax cuts, including a reduction in the corporate tax rate from 21% to 18%.

European Union:

• On October 15, 2019, the European Commission presented its proposal for the EU's 2020 budget, which amounts to €168.3 billion (approximately $190 billion USD).
• The budget proposal includes a number of key priorities, including climate action, migration, and economic growth.
• The budget also includes a number of new initiatives, including a €1.5 billion (approximately $1.7 billion USD) fund to support the development of the EU's digital economy.

United Kingdom:

• On November 6, 2019, the UK government published its Comprehensive Spending Review (CSR), which sets out the government's spending plans for the next three years.
• The CSR includes a number of key priorities, including Brexit preparations, healthcare, and education.
• The budget also includes a number of spending cuts, including a 10% reduction in the Department for Business, Energy and Industrial Strategy's budget.

Canada:

• On March 18, 2020, the Canadian government tabled its 2020 budget, which includes a number of key priorities, including healthcare, education, and climate action.
• The budget includes a number of new initiatives, including a $1.7 billion (approximately $1.2 billion USD) fund to support the development of the country's clean technology sector.
• The budget also includes a number of tax changes, including a reduction in the small business tax rate from 9% to 7.5%.

Australia:

• On October 6, 2019, the Australian government released its 2020 budget, which includes a number of key priorities, including healthcare, education, and infrastructure.
• The budget includes a number of new initiatives, including a $1.1 billion (approximately $750 million USD) fund to support the development of the country's digital economy.
• The budget also includes a number of tax changes, including a reduction in the corporate tax rate from 30% to 25%.

These are just a few examples of the 2020 budget news from around the world. If you're looking for more information on a specific country or region, feel free to ask!