Ukraineβs parliament has approved in a first reading a 2027 state budget that sets aside 4.885 trillion hryvnias (about $107.5 billion) for security and defense, equal to 43.8% of the countryβs projected gross domestic product. The Verkhovna Rada passed draft budget No. 16000 on Oct. 28 with 239 votes in favor, 25 against and 26 [β¦]
FILE - Sen. Gary Peters, D-Mich., listens to a question during a news conference on Capitol Hill, March 8, 2022, in Washington. President Joe Biden's increasingly stark warnings about Trump-fueled elements of the Republican Party are making up the core part of his midterm message, combined with repeated reminders to voters about recent Democratic accomplishments and a promise that democracy can still produce results for the American people. "It's a particularly strong issue for our base," said Peters, who leads the Democratic Senatorial Campaign Committee, the official campaign arm of Senate Democrats. (AP Photo/Evan Vucci, File)
Mike Duffy, the acting federal CISO, said the tabletop event will help ensure agencies have the capabilities and the processes to respond to any cyber event.
Cybersecurity IT engineer working on protecting network against cyberattack from hackers on internet. Secure access for online privacy and personal data protection. Hands typing on keyboard and PCB
"A lot of Republicans are finally saying, wait a second, I don't think we can go in on every single thing that the president wants to do," said Mitchell Miller.
The U.S. Capitol, center, is seen with the Supreme Court of the United States, left, and the Library of Congress, right, Thursday, April 9, 2026, in Washington. (AP Photo/Rod Lamkey, Jr.)
FILE - In this May 17, 2018, file photo, new graduates line up before the start of the Bergen Community College commencement at MetLife Stadium in East Rutherford, N.J. Thereβs no single policy or action that will alleviate Americaβs $1.74 trillion student loan debt crisis while simultaneously preventing students from taking on unaffordable amounts of future debt. Higher education financing experts are divided on the exact combination of solutions, but all agree it will require a multipronged approach. (AP Photo/Seth Wenig, File)
Federal acquisition is undergoing unprecedented change. Explore how DoD, GSA, NASA and OFPP are modernizing workforce strategies, streamlining procurement and leveraging tech to deliver mission outcomes at speed and effectively. Get the exclusive e-book!
"Anytime there's a new problem, it takes a little while to get it going and get state and local communities used to a new grant program," said Chris Currie.
The Pentagon is pursuing at least $350 billion more for defense βregardless of what happensβ in the midterm elections on Nov. 3, the secretary said.
Defense Secretary Pete Hegseth speaks before President Donald Trump at an event for Anduril Industries, Inc., at Sparrows Point Shipyard, Tuesday, Oct. 6, 2026, in Sparrows Point, Md. (AP Photo/Julia Demaree Nikhinson)
"Even if Congress isn't taking action immediately, I think that this is a a trend and a pattern that we could see a lot of discussion about," said Loren Duggan.
The U.S. Capitol is seen from the Cannon House Office Building as Republican lawmakers passed a bill to fund the federal government through Dec. 4, in Washington, Wednesday, July 22, 2026. (AP Photo/J. Scott Applewhite)
DoD, CISA and NIST experts say an agencyβs public key infrastructure must be able to handle post-quantum cryptography, otherwise migrations will stall.
Taxes have outpaced population, employment and other other factors in Seattle (Image via ECOnorthwest)
Seattleβs tax collections have nearly tripled over the past decade, soaring from $900 million in 2013 to a projected $2.8 billion in 2026. But who pays those taxes, and how the tax revenue is collected, looks vastly different today than a decade ago.
A new report released by ECOnorthwest, commissioned jointly by the Downtown Seattle Association (DSA) and the Seattle Metropolitan Chamber of Commerce, show city tax revenues far outstripping population and job growth, driven by targeted corporate taxes on a small pool of major employers.
Between 2013 and 2025, Seattleβs tax revenues jumped 172%, outpacing population growth (31%), job growth (23%), and local inflation (50%). During that period, real tax growth grew 5.6 times faster than population and 7.5 times faster than employment.
The findings come as city leaders, major tech employers and regional business groups grapple with shifting post-pandemic work patterns and a political climate that has frequently placed large technology companies like Amazon in its sights.
According to the report, broad-based core taxes, such as property, sales, utility, and general Business & Occupation (B&O) taxes, comprised 83% of city tax collections in 2013. By 2026, those core broad taxes are projected to drop to just 52% of the total revenue.
Replacing them are narrow, targeted tax levies:
The JumpStart Payroll Expense Tax (2021): Paid by fewer than 500 companies, with the top 10 taxpayers footing 73% of the total bill.
The Social Housing Tax (2025): Paid by roughly 220 entities, with its top 10 taxpayers covering 66%.
Combined, two taxes that did not exist five years ago now account for nearly a third of all business tax dollars collected by the city. Overlap among top taxpayers means fewer than 20 companies account for roughly $356 million in annual City of Seattle revenue.
βSeattleβs tax collections are growing far faster than its population, jobs or inflation. Employers are carrying more of that burden. That trajectory is not sustainable,β said Seattle Metro Chamber president & CEO Joe Nguyen. βThe question cannot always be how to collect more money. It must be how to deliver better results with the money we already have and build a tax structure that helps our economy grow.β
The heavy pivot to business revenue coincides with divergent employment trends between Seattle and its neighboring Eastside hubs.
Between March 2020 and March 2025, Seattle lost approximately 24,000 jobs, while the remainder of King County added 21,000. The report notes that Seattle lost 18,000 jobs in the single year leading up to March 2025 alone. And that figure that does not yet capture the full impact of major remote work policies and tech layoffs announced across the region.
However, in a sign that Mayor Katie Wilson is paying close attention to tech-sector headwinds and shifting job patterns, she proposed a $9.1 billion 2027 budget that would erase a $175 million general fund deficit and cut nearly $50 million in spending while freezing JumpStart tax rates.