{"id":4059,"date":"2020-02-23T13:41:07","date_gmt":"2020-02-23T13:41:07","guid":{"rendered":"https:\/\/www.sportsnewsforyou.com\/?p=4059"},"modified":"2020-02-23T13:41:07","modified_gmt":"2020-02-23T13:41:07","slug":"today-at-commission-budget-plans","status":"publish","type":"post","link":"https:\/\/googmn.com\/?p=4059","title":{"rendered":"Today at Commission: Budget plans"},"content":{"rendered":"<figure class=\"art\">\n<figure class=\"art\"><figcaption>\n<p>EU Commissioner for Budget and Human Resources Guenther Oettinger gives a press conference on the future Multiannual Financial Framework in Brussels | Olivier Hoslet\/EPA<\/p>\n<\/figcaption><\/figure>\n<\/figure>\n<header>\n<p class=\"category custom-label\">\n\t\t\t\t\tMIDDAY BRIEF, IN BRIEF\t\t\t\t<\/p>\n<h1>\n\t\t\t\tToday at Commission: Budget plans\t\t\t<\/h1>\n<p class=\"subhead\">Spending cuts, increasing revenues and creating new taxes suggested to help fill future Brexit hole.<\/p>\n<\/header>\n<footer class=\"meta\">\n<p>\n\t\t\tBy\t\t\t<span class=\"byline\"><br \/>\n\t\t\t\t<span class=\"vcard\">Saim Saeed<\/span>\t\t\t<\/span>\n\t\t<\/p>\n<p class=\"timestamp\"><time datetime=\"2018-01-10T15:18:45+00:00\">1\/10\/18, 3:18 PM CET<\/time><\/p>\n<p class=\"updated\">Updated <time datetime=\"2018-01-10T17:22:20+00:00\">1\/10\/18, 5:22 PM CET<\/time><\/p>\n<\/footer>\n<p><strong>On the agenda:<\/strong> The European Union&#8217;s future budget.<\/p>\n<p><strong>In a nutshell:<\/strong> With the U.K. \u2014 a net contributor to the European Union \u2014 leaving, the bloc faces a gap of between &#8220;\u20ac12 billion to \u20ac15 billion&#8221; a year, according to European Commissioner for Budget and Human Resources G\u00fcnther Oettinger. Plus the EU will have to factor in additional spending for defense and border security as it updates its budget for the coming years. The plan is to do that by cutting certain spending, requiring a &#8220;moderate increase&#8221; in contributions from the remaining 27 countries, and moving money around to different programs.<\/p>\n<p><strong>On the chopping block:<\/strong> Potentially everything could see cuts, except the Erasmus educational program and Horizon 2020 scientific research program. &#8220;All programs will have to tolerate certain cuts,&#8221; Oettinger said, adding that &#8220;even large programs like cohesion, agricultural policy and rural development will have to fall under the hammer.&#8221;<\/p>\n<p>Also, any program that does not have &#8220;true European added value&#8221; could see reduced spending.<\/p>\n<p><strong>Other revenue proposals:<\/strong> Oettinger said the Commission is considering a plastics tax and potentially moving revenue from the Emissions Trading System to European coffers.<\/p>\n<p><strong>Timeline:<\/strong> Public consultations begin this week. The multiannual financial framework proposals are to be discussed in May, before being adopted and presented to the public.<\/p>\n<\/p>\n<footer class=\"content-credits\">\n<h6>Authors:<\/h6>\n<dl class=\"vcard\">\n<dt class=\"credits-author\"><span class=\"vcard\">Saim Saeed<\/span>&nbsp;<\/dt>\n<\/dl>\n<\/footer>\n<p>Click Here: <a href='https:\/\/www.storeafl.com\/geelong-cats-guernsey.html' title='Geelong Cats Guernsey'>Geelong Cats Guernsey<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EU Commissioner for Budget and Human Resources Guenther Oettinger gives a press conference on the future Multiannual Financial Framework in Brussels | Olivier Hoslet\/EPA MIDDAY BRIEF, IN BRIEF Today at Commission: Budget plans Spending cuts, increasing revenues and creating new taxes suggested to help fill future Brexit hole. By Saim Saeed 1\/10\/18, 3:18 PM CET&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4059","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/googmn.com\/index.php?rest_route=\/wp\/v2\/posts\/4059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/googmn.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/googmn.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/googmn.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/googmn.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4059"}],"version-history":[{"count":0,"href":"https:\/\/googmn.com\/index.php?rest_route=\/wp\/v2\/posts\/4059\/revisions"}],"wp:attachment":[{"href":"https:\/\/googmn.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/googmn.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/googmn.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}