Budgets for children at risk, services for the disabled, for means to increase safety at work, would shrink by at least 50%.
Finance Min. to submit 2 more budget proposals - one with emphasis on defense, another on welfare.
6% cut will hit everyone but defense, education, and local authorities this year.
The achievements of the Israeli economy in 2003-2007 signify a genuine turning point.
U.S. would be willing to help further what official calls Palestinians' 'good solid financial progress.'
The Finance Ministry expects a large drop in tax revenues in 2008, and for the budget deficit to be larger than planned.
The 2009 budget is like a spaceship that has left the atmosphere and is hurtling above us, threatening to bring down the entire economy.
Very active role of PMO in budget formulation angers treasury which until now had full responsibility for preparing budget.
Budget supervisor notes intolerable rift in per capita income between resident's of central Israel, periphery.
Treasury DG forecasts drop to only 3.5% growth in 2008, no more budget cuts, but maybe a stimulus package.
A government company ran NIS 664 million over budget, paying for projects never approved. Yet the management didn't think the board needed to know.
The heads of treasury made every effort to increase spending during the final weeks of 2007, to prevent, heaven forbid, the first state budget surplus in decades.
71 MKs vote for bill, 36 voted against. Knesset is scheduled to vote Thursday on the NIS 300 billion national budget for 2008.
Knesset Finance Committee decided to increase basket in return for removing life-saving drugs from the health funds' supplemental insurance policies.