Government budgets

June 16, 2018 - 10:43 pm
WASHINGTON (AP) — President Donald Trump intends to nominate an associate director at the Office of Management and Budget to lead the government's consumer watchdog agency, the White House announced Saturday. In a statement announcing the decision, spokeswoman Lindsay Walters said Kathy Kraninger "...
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FILE- In this Jan. 30, 2018, file photo, several ship to shore cranes work a vessel at the Georgia Ports Authority's Port of Savannah loading and unloading container in Savannah, Ga. On Thursday, June 14, the International Monetary Fund issues its annual assessment of the U.S. economy at a news conference with IMF Managing Director Christine Lagarde. (AP Photo/Stephen B. Morton, File)
June 14, 2018 - 1:34 pm
WASHINGTON (AP) — The International Monetary Fund believes the U.S. economy will post solid growth this year and next, helped by a sizable boost from tax cuts. But then it says growth will slide as huge budget deficits drag growth far below the Trump administration's goals. In its annual assessment...
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FILE- In this May 30, 2018, file photo the East Front of the U.S. Capitol in Washington is seen under stormy skies. On Tuesday, June 12, the Treasury Department releases federal budget data for May. (AP Photo/J. Scott Applewhite, File)
June 12, 2018 - 2:56 pm
WASHINGTON (AP) — The federal government recorded a budget deficit of $146.8 billion in May, helping push the total deficit so far this year 23 percent above the same period a year ago. Last month's deficit followed a surplus of $214.3 billion in April, a month that traditionally ends in the black...
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June 12, 2018 - 12:03 pm
WASHINGTON (AP) — Senate Republicans are ridding a key spending bill of controversial environmental provisions opposed by Democrats in an attempt to avoid the annual year-end budget pileup. Tuesday's move by Sen. Lisa Murkowski extends an olive branch to Democrats and could allow the first floor...
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FILE - In this Friday, Dec. 1, 2017 file photo, Russian President Vladimir Putin speaks at the 2018 soccer World Cup draw in the Kremlin in Moscow. Vladimir Putin’s Russia was always going to be a controversial host, but few could have imagined the situation that greets the 2018 World Cup. The annexation of Crimea, alleged U.S. election interference, the war in Syria and a poisoned spy in Britain are just a few of the storms surrounding the Kremlin before Putin officially declares the tournament open June 14. (AP Photo/Ivan Sekretarev, File)
June 09, 2018 - 9:44 am
MOSCOW (AP) — The 2018 World Cup has cost Russia billions of dollars to stage and will make FIFA hundreds of millions in profit. Still, the big numbers that are routine for major sports events are unlikely to set World Cup records. Russia's official budget of 678 billion rubles ($11.6 billion)...
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German finance minister Olaf Scholz speaks during a party meeting of Hamburg's Social Democrats in Hamburg, Germany, Saturday, June 9, 2018. (Markus Scholz/dpa via AP)
June 09, 2018 - 9:39 am
FRANKFURT, Germany (AP) — Germany's finance minister is urging bolder steps to strengthen the 19-country euro currency union by setting up a fund to help member states suddenly hit with high unemployment, and by laying the foundations for a European Union-wide tax system. Finance Minister Olaf...
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June 08, 2018 - 4:11 pm
WASHINGTON (AP) — The Senate Agriculture Committee has released a bipartisan farm bill that makes mostly modest adjustments to existing programs and, unlike the House version of the bill, doesn't pick a fight over food stamps. The Senate bill, dubbed the "Agriculture Improvement Act of 2018," is...
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FILE - In this Thursday, May 24, 2018 file photo, then Premier-designate Giuseppe Conte addresses the media after a round of consultations to form the Cabinet ministers, in Rome. Italy will be represented at this week's summit of the world's wealthiest democracies by a political novice whose powers in the new populist government remain to be tested: At best, as an executor of a program he didn't help draft, at worst, as a mediator between two disparate political blocs joined in a marriage of convenience. (Ettore Ferrari/ANSA via AP, File )
June 08, 2018 - 3:54 pm
ROME (AP) — The economist who tried to form an Italian government amid political gridlock said Friday he's "truly worried" that the costly measures on the new populist leaders' agenda will further swell Italy's national debt and trigger a negative reaction by the financial markets. Carlo Cottarelli...
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June 08, 2018 - 12:53 pm
WASHINGTON (AP) — The GOP-controlled House on Friday passed a $145 billion spending bill funding Energy Department and veterans' programs for the upcoming budget year. Approval of the measure came over the opposition of Democrats on a 235-179 vote that sent the three-bill bundle to the Senate,...
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In this June 5, 2018, photo, mathematics teacher Heather LaBelle, seated, shows Roger Baker how to gather signatures for the Invest in Education Act, a proposal to raise money on high earners to fund public education in Phoenix, Ariz. LaBelle, like many of the teachers in the #RedforEd movement that triggered a six-day statewide teacher walkout, says while improving teacher pay is one step toward better schools, more funding is needed for public education. (AP Photo/Melissa Daniels)
June 08, 2018 - 2:16 am
PHOENIX (AP) — On a hot Arizona evening under a park pavilion, math teacher Heather LaBelle handed out petitions for a ballot initiative that would increase taxes on wealthy residents to get funding for schools. Later that night, her school board voted to give her and her fellow teachers an average...
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