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ISRAEL AT WAR - DAY 375

budget cuts

Fainance Minister Bezalel Smotrich speaks during a press conference at the Ministry of Finance in Jerusalem, September 3, 2024. (Chaim Goldberg/Flash90)
Treasury proposes to cut benefits, hike taxes for lowest earners to fund war
By Sharon Wrobel and Sam Sokol
Arrangements Law also includes measures taxing advanced study fund and pension contributions; the ‘government is going to hit you in the savings,’ warns Liberman
Fainance Minister Bezalel Smotrich speaks during a press conference at the Ministry of Finance in Jerusalem, September 3, 2024. (Chaim Goldberg/Flash90)
October 15, 2024, 4:49 am
Treasury proposes to cut benefits, hike taxes for lowest earners to fund war
Arrangements Law also includes measures taxing advanced study fund and pension contributions; the ‘government is going to hit you in the savings,’ warns Liberman
By Sharon Wrobel and Sam Sokol
Illustrative. Prime Minister Benjamin Netanyahu leads a special cabinet meeting at the Bible Lands Museum in Jerusalem on Jerusalem Day, June 5, 2024. (Yonatan Sindel/Flash90)
July 7, 2024, 9:13 pm
Cabinet slashes health, welfare and education to fund aid to displaced residents
Wide-ranging cuts come only days after Knesset allocates hundreds of millions of shekels in ‘surplus’ coalition funds to government ministries deemed superfluous by treasury
By Sam Sokol
Illustrative: New immigrants from Ethiopia arrive at Ben Gurion Airport near Tel Aviv, June 1, 2022. (Tomer Neuberg/Flash90)
June 25, 2024, 11:41 am
Absorption Ministry to slash rental assistance for new immigrants
Aid shrinks by nearly half to NIS 8,712 over two years, with additional monthly stipends for those moving to ‘national priority’ areas; Elkin: Ministry ‘pickpocketing’ new arrivals
By ToI Staff
Finance Minister Bezalel Smotrich attends a Knesset Finance Committee meeting in Jerusalem, on June 10, 2024. (Chaim Goldberg/Flash90)
June 21, 2024, 12:02 pm
Treasury said to urge Smotrich to make cuts, hike taxes to raise NIS 30-50 billion
In marathon meetings, officials tell finance minister measures must be taken to curb ballooning deficit spending amid war, send positive message to credit agencies
By ToI Staff
An aerial view of the Volcani Institute. (Yigal Elad, Wikipedia)
February 25, 2024, 10:02 pm
Agricultural research body says planned budget cuts will force it to halt activities
Volcani Institute fears having to renege on local, international research contracts, face lawsuits demanding return of funds, if Knesset approves amended 2024 budget
By Sue Surkes
Orit Strock, national missions and settlements minister, attends a Religious Zionism faction meeting at the Knesset in Jerusalem, January 8, 2024. (Yonatan Sindel/ Flash90)
January 22, 2024, 8:30 am
Far-right minister claims some fellow cabinet members can’t make ends meet
Settlements Minister Strock tells party insider that some are struggling to get by on NIS 58,000 ($15,000) monthly wage, need parental handouts; average Israeli salary is $3,300
By ToI Staff
Members of Prime Minister Benjamin Netanyahu's cabinet during a meeting to approve the amended 2024 budget, January 15, 2024. (Haim Zach/GPO)
January 15, 2024, 7:26 pm
Cabinet approves 2024 budget, making cuts to offset massive wartime defense boost
One Likud and five National Unity ministers vote against wartime budget to protest across-the-board reductions and failure to curb extraneous ministries
By Sam Sokol
Finance Minister Bezalel Smotrich, right, and Education Minister Yoav Kisch at a press conference at the Prime Minister's Office in Jerusalem, April 30, 2023. (Alex Kolomoisky/POOL)
January 14, 2024, 11:03 pm
Minister storms out of cabinet as Netanyahu attempts to push through wartime budget
‘I am not interested in hearing from either you or your people,’ Yoav Kisch tells Smotrich as PM calls on skeptical ministers to ‘share in the burden’ of sweeping budget cuts
By Sam Sokol
Finance Minister Bezalel Smotrich speaks at a conference in Jerusalem, January 11, 2024. (Chaim Goldberg/Flash90)
January 12, 2024, 7:48 pm
Local councils urge ministers to nix planned cross-ministry budget cuts: ‘Unimaginable’
In letter to Netanyahu and Smotrich, authorities warn proposal will impact their ability to provide crucial services amid Israel-Hamas war, including in education and welfare
By Sharon Wrobel and Michael Horovitz
View of the Orot Rabin power plant at Sdot Yam beach, central Israel, April 11, 2023. (Yossi Aloni/Flash90)
January 10, 2024, 11:56 pm
Advocacy group accuses Finance Ministry of ‘frontal attack’ on environment, public
Adam Teva V’Din joins environmental protection minister in blasting release of budget cut proposals just before cabinet vote now set for Sunday
By Sue Surkes
FILE - MKs in the Knesset Finance Committee vote on the supplementary budget to cover the costs of the war with Hamas in Gaza, December 12, 2023. (Noam Moskowitz/Knesset Spokesperson's Department)
December 25, 2023, 8:54 am
Treasury recommends shutting 10 surplus ministries to cover budget deficits – report
As costs of war with Hamas soar, Finance Ministry also suggests cutting coalition funds by NIS 5 billion and raising taxes
By Jeremy Sharon and ToI Staff
Prime Minister Yair Lapid leads a cabinet meeting at the Prime Minister's Office in Jerusalem on October 27, 2022. (Yoav Dudkevitch/Pool)
October 27, 2022, 8:19 pm
Cabinet approves major budget redistribution to allow raising teachers’ wages
Finance Ministry’s budget department warns against $1.3 billion cut to funds of multiple ministries; pair of ministers walk out of meeting, one votes against proposal
By Michael Horovitz
Health Minister Nitzan Horowitz speaks during his visit to the Beilinson Medical Center, on July 27, 2021. (Avshalom Sassoni/Flash90)
July 30, 2021, 10:32 pm
Meretz ups threat to oppose budget as talks to boost healthcare funds break down
Cabinet is set to review and vote on the Finance Ministry’s proposal for the new state budget, but many points of disasgreement remain between ministers
By ToI Staff
Israeli children wear face masks on their way to school in Moshav Yashresh, on May 3, 2020. (Yossi Aloni/Flash90)
August 23, 2020, 10:06 am
To see the terrible cost of a new election, look to the schools
Israel’s politicians seem willing to drag the country to yet another vote, ignoring economic pain of working class families
By Haviv Rettig Gur
Prime Minister Benjamin Netanyahu (c), Government Secretary Tzahi Braverman (R) and Finance Minister Moshe Kahlon (L) attend a weekly cabinet meeting in Jerusalem on June 24, 2019. (MENAHEM KAHANA / POOL / AFP)
June 24, 2019, 4:19 pm
Cabinet approves NIS 1.2 billion budget cut PM calls ‘hard but necessary’
Netanyahu tells cabinet Finance Ministry’s plan to counter burgeoning deficit is a priority; ministers Erdan and Katz vote against measure
By ToI Staff
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