Budget

No-bid White House contract awarded for ballroom construction to tune of $500 b.

US President Donald Trump was directly involved in negotiating some costs for the ballroom, A Washington Post report said.

Construction of the new White House ballroom continues as crews work to break down the Ultimate Fighting Championship Freedom 250 "Claw," a 92-foot-tall temporary stadium on the South Lawn, on June 28, 2026 in Washington, DC.
Britain's Prime Minister Keir Starmer and Poland's Prime Minister Donald Tusk meet with Polish and British military personnel at the Battle of Britain Bunker, as the countries formalise a UK-Poland security agreement, in Uxbridge, Britain, May 27, 2026.

Prime Minister Keir Starmer unveils £15 billion UK defense plan as legacy project

Rises on the Tel Aviv Stock Exchange – Green Screens.

Your Investments: Getting back to basics for a secure financial future

 The Pentagon logo is seen behind the podium in the briefing room at the Pentagon in Arlington, Virginia, US, January 8, 2020.

Pentagon tells US lawmakers it needs $80 billion for Iran war costs, other bills - report


Our money, their shares: A way to return funds to the public - opinion

Is the government’s role solely to stimulate growth and employment, or also to ensure that the public becomes a full partner in the profits of hi-tech success?

New Israeli Shekel bills are seen in front of an upwards-trending graph (illustration)

The state of the Israeli economy - opinion

One major difficulty when evaluating Israel’s current economic situation is the lack of concrete data about the government’s operational plans regarding the war in Gaza.

FINANCE MINISTER Bezalel Smotrich addresses a news conference at the Finance Ministry in Jerusalem earlier this month. That Smotrich is not an economist, and is quite ignorant of current economic theory and practice, is no secret, says the writer.

Your Investments: Don’t let summer heat burn your finances

Start planning and saving well in advance of the summer so that the sudden expenses don’t send you scrambling to try and find the money to pay for them.

 Mother and toddler sitting under the tree during summer vacation. (Illustrative).

The price of conflict: Israel's economy has barely survived over a year of war, experts say

The general consensus of the conference was that Israel is only able to survive and thrive thanks to its national resilience and spirit of mutual responsibility.

 Former Bank of Israel governor Karnit Flug.

Israel's forests burn while gov't continues to underfund Fire and Rescue Authority

Our forests are burning, yet the government is stoking the conflagration by cutting budgets.

 A forest fire is seen burning in Israel.

Teachers' Union strike negotiations ends after agreement reached

This follows earlier reports of the Teachers' Union rejecting the compromise proposal to shorten the planned strike from three hours to just one hour.

Schools are quiet as the Teachers' Union seeks to strike, May 5, 2025.

Trump’s 2026 budget request includes plans for an Israeli-inspired ‘Golden Dome for America’

It’s part of Trump’s proposal for a massive $113 billion increase in Department of Defense spending, a jump of 13%, amid widespread cuts elsewhere. 

 U.S. President Donald Trump holds a cabinet meeting at the White House in Washington, D.C., U.S., April 30, 2025.

‘You are being incited with lies’: Smotrich denies Finance Ministry responsible for teacher pay cuts

Smotrich claimed there were necessary budget cuts across multiple sectors as a result of the war's growing cost.

 Finance Minister Bezalel Smotrich at Knesset, February 10, 2025.

Almost half of Israelis do not think you can remove Hamas and release hostages - poll

Israel Democracy Institute found that 68% of respondents would prioritize returning the hostages, compared to 25% who would prioritize toppling Hamas.

A Palestinian Hamas terrorist speaks with a Stephanie Eller before the release of hostages held in Gaza since the deadly October 7, 2023 attack, as part of a ceasefire and a hostages-prisoners swap deal between Hamas and Israel in Khan Yunis, in the southern Gaza Strip, February 15, 2025.

Where priorities lie: Israel's largest-ever budget clogged by political patronage

The Jerusalem Dispatch Podcast with Elliot Jager and Calev Ben-David.

 Elliot Jager and Calev Ben-David on The Jerusalem Dispatch Podcast.