Government budgets

July 20, 2019 - 2:05 pm

Some Alaskans feeling pain of Medicaid dental cuts

ANCHORAGE, Alaska (AP) — Budget vetoes by Alaska Gov. Mike Dunleavy eliminated Medicaid dental coverage for adults — a $27 million cut that is having an impact. KTUU reports that Michael Shelden had plans to get dentures after having all his teeth pulled following years of dental pain. The plan...
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US Treasury Secretary Steve Mnuchin answers reporters after the G-7 Finance Thursday, July 18, 2019 in Chantilly, north of Paris. Top finance officials from the Group of Seven rich democracies are warning that cryptocurrencies like Facebook's Libra should not come into use before "serious regulatory and systemic concerns" are addressed. (AP Photo/Michel Euler)
July 18, 2019 - 3:12 pm

Mnuchin: Negotiators agree on core elements of budget deal

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Thursday that negotiators have reached an agreement on the core elements of a deal to increase the government's borrowing cap and set a $1.3 trillion overall level for the agency budgets that Congress passes each year. He told CNBC's "Squawk...
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Entertainer and activist Jon Stewart, speaks at a news conference on behalf of 9/11 victims and families, Friday, July 12, 2019, at the Capitol in Washington. The House is expected to approve a bill Friday ensuring that a victims' compensation fund for the Sept. 11 attacks never runs out of money. (AP Photo/Matthew Daly)
July 17, 2019 - 6:29 pm

GOP Sen. Rand Paul slows bill to boost 9/11 victims fund

WASHINGTON (AP) — Republican Sen. Rand Paul on Wednesday blocked fast-track approval of a bipartisan bill that would ensure a victims' compensation fund related to the Sept. 11 attacks never runs out of money. Paul objected to a request by Sen. Kirsten Gillibrand, D-N.Y., to approve the bill by...
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House Speaker Nancy Pelosi of Calif. reads from a paper titled "Know Your Rights" regarding ICE agents attempting to perform raids as she meets with reporters on Capitol Hill in Washington, Thursday, July 11, 2019. (AP Photo/Andrew Harnik)
July 17, 2019 - 6:20 pm

Washington talks could soon yield spending, debt deal

WASHINGTON (AP) — Washington negotiators are closing in on a budget and debt deal that would stave off the chance of a government shutdown this fall and allow Congress to speed through legislation to increase the government's borrowing cap. The emerging two-year framework would satisfy demands for...
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Treasury Secretary Steve Mnuchin speaks during a news briefing at the White House, in Washington, Monday, July 15, 2019. (AP Photo/Carolyn Kaster)
July 15, 2019 - 9:04 pm

Mnuchin says budget deal with Pelosi is 'very close'

WASHINGTON (AP) — It's House Speaker Nancy Pelosi and top Senate Republican Mitch McConnell vs. hardliners in the White House as lawmakers pursue a deal on federal spending and the debt. And the hardliners, wary of further increases to federal spending, appear to be losing. Talks between Pelosi and...
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FILE- In this May 15, 2019, file photo Treasury Secretary Steve Mnuchin testifies about the budget during a Financial Services and General Government subcommittee hearing on Capitol Hill in Washington. In a letter Friday, July 12, to House and Senate leaders, Mnuchin told congressional leaders that Congress should raise the debt ceiling before leaving for its August recess. He says he could run out of maneuvering room to avoid an unprecedented default on the national debt before lawmakers return. (AP Photo/Jacquelyn Martin, File)
July 12, 2019 - 2:37 pm

Mnuchin urges Congress to quickly pass new debt limit

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin told congressional leaders that the debt ceiling should be raised before lawmakers leave for their August recess to avert the potential of an unprecedented default on the national debt. In a letter to House and Senate leaders Friday, Mnuchin said...
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House Speaker Nancy Pelosi of Calif. listens to a question as she meets with reporters on Capitol Hill in Washington, Thursday, July 11, 2019. (AP Photo/Andrew Harnik)
July 11, 2019 - 9:45 pm

Pelosi ready for deal on borrowing limit, spending levels

WASHINGTON (AP) — House Speaker Nancy Pelosi said Thursday that she wants to complete a deal with President Donald Trump this month that would raise the government's borrowing limit and set spending levels for the coming budget year. Pelosi's office said the California Democrat spoke twice with...
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FILE - This June 12, 2019, file photo shows the U.S. Capitol dome on Capitol Hill in Washington. On Thursday, July 11, the Treasury Department releases federal budget data for June. (AP Photo/Patrick Semansky, File)
July 11, 2019 - 2:51 pm

US budget deficit jumps 23% through June

WASHINGTON (AP) — The U.S. budget deficit increased by $140 billion during the first nine months of this budget year to $747.1 billion as government revenues and spending both hit records. The Treasury Department reported Thursday that the deficit for the current fiscal year through June is up 23.1...
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Federal Reserve Chairman Jerome Powell testifies before the House Financial Services Committee on Capitol Hill in Washington, Wednesday, July 10, 2019. (AP Photo/Susan Walsh)
July 10, 2019 - 7:23 pm

The Latest: Markets end up after Powell hints at rate cut

WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell's presentation of the Fed's semi-annual monetary report to Congress. (all times local) 7:20 p.m. Testimony by Chairman Jerome Powell to a House Committee about the economic outlook led investors to send stock prices up, bond...
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Portuguese Prime Minister Antonio Costa smiles and looks at opposition lawmakers while delivering his speech opening the annual State of the Nation debate at the parliament in Lisbon, Wednesday, July 10, 2019. (AP Photo/Armando Franca)
July 10, 2019 - 11:18 am

Portugal's Socialists eye re-election on economic record

LISBON, Portugal (AP) — Portugal's Socialist prime minister is vowing to address the challenges of a low national birth rate, the increasing cost of health care and climate change as he bids for a second straight term in the country's Oct. 6 general election. Prime Minister Antonio Costa used his...
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