Hunt Slashes National Insurance as Tories Gear up for General Election Campaign

Published on November 22, 2023

Chancellor Jeremy Hunt has cut national insurance for 27 million workers by 2 percent as he outlined an Autumn Statement that set out battle lines with the Labour Party in the run up to next year’s general election. Mr. Hunt told a packed House of Commons on Wednesday the economy was “back on track” and said his Autumn Statement contained “110 different measures to help grow the British economy.” He announced plans to cut national insurance contributions by two pence in the pound, which will cost the Treasury about £10 billion annually. Mr. Hunt said he would cut the main rate of national insurance for workers from 12 percent to 10 percent and he said he would introduce emergency legislation so it came into force in January, rather than waiting for the new financial year in April....

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Democrat-Dominated State Legislature Rapidly Remakes Michigan in 2023

November 22, 2023
Since taking office in January 2023, Michigan Democrats have used their newly won control of both houses of the legislature to speedily push through a raft of new laws codifying their social agenda and undoing years of Republican policies.In the area of gun control, the Democrat majorities passed and Governor Gretchen Whitmer, a Democrat, signed into law a bill amending the Michigan Penal Code to

Federal Government Posts $8.2 Billion Deficit Between April and September This Year

November 22, 2023
The federal government recorded a budgetary deficit of $8.2 billion between April and September, $3.9 billion of which was in September.The finance department says in its monthly fiscal monitor that the deficit between April and September compared to a surplus of $1.7 billion during the same period last year.Government revenues increased by $3.5 billion, or 1.7 percent, a reflection of higher inte