Government spending

Delegates stand during the closing session of China's National People's Congress (NPC) in Beijing, Thursday, May 28, 2020. China's ceremonial legislature has endorsed a national security law for Hong Kong that has strained relations with the United States and Britain. (AP Photo/Mark Schiefelbein)
May 28, 2020 - 11:16 am
BEIJING (AP) — China’s legislature endorsed a national security law for Hong Kong on Thursday that has strained relations with the United States and Britain and prompted new protests in the territory. The National People’s Congress approved the bill as it wrapped up an annual session that was held...
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An elderly man recovers from a respiratory illness in a special section built for COVID-19 patients at the INERAM, a hospital specializing in respiratory diseases, in Asuncion, Paraguay, Wednesday, May 13, 2020. Paraguay is one of the least hit countries by COVID-19, with 11 deaths confirmed by the Health Ministry. (AP Photo/Jorge Saenz)
AP News
May 13, 2020 - 10:53 pm
U.S. states are beginning to restart their economies after months of paralyzing coronavirus lockdowns, but it could take weeks until it becomes clear whether those reopenings will cause a spike in COVID-19 cases, experts said Wednesday. The outbreak’s trajectory varies wildly across the country,...
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FILE - In this March 3, 2020 file photo, Federal Reserve Chair Jerome Powell pauses during a news conference in Washington. Powell provided a bleak outlook for the U.S. economy in remarks Wednesday, May 13, and urged Congress and the White House to act further to offset the damage from the viral outbreak. (AP Photo/Jacquelyn Martin, File)
May 13, 2020 - 4:48 pm
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Wednesday of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White House to act further to prevent long-lasting economic damage. The Fed and Congress have taken far-reaching steps to try to...
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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. The federal government piled up a record deficit in April, traditionally a month of big budget surpluses. The sea of red ink is being created by a drop in revenue and a massive increase in spending to fund efforts to deal with the coronavirus pandemic. The Treasury Department said Tuesday, May 12, 2020 that the government racked up a shortfall of $737.9 billion last month. That was more than three times larger than the previous record monthly deficit of $235 billion set in February. (AP Photo/J. Scott Applewhite, File)
May 12, 2020 - 4:34 pm
WASHINGTON (AP) — The federal government piled up a record deficit in April, traditionally a month of big budget surpluses. The sea of red ink is being created by a drop in revenue and a massive increase in spending to fund efforts to deal with the coronavirus pandemic. The Treasury Department said...
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FILE - In this April 2, 2019, file photo, Australian Treasurer Josh Frydenberg addresses the media as he arrives at Parliament House in Canberra, Australia. Treasurer Frydenberg said the country faces a “sobering” economic outlook due to the effects of the coronavirus and said it would have the largest deficit in its history when a revised budget is released in October. (AP Photo/Rod McGuirk, File)
May 12, 2020 - 4:41 am
CANBERRA, Australia (AP) — Australia's treasurer said Tuesday the country faces a “sobering” economic outlook due to the effects of the coronavirus and will have its largest-ever deficit when a revised budget is released in October. The 2020-21 federal budget was due to be released Tuesday. But the...
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FILE - In this March 7, 2020 file photo, a man walks past a banner showing Saudi King Salman, right, and his Crown Prince Mohammed bin Salman, outside a mall in Jiddah, Saudi Arabia. Saudi Arabia announced Monday, May 11, 2020, it is tripling taxes on basic goods to 15% and will cut spending on major projects by around $26 billion as it grapples with blows from the coronavirus pandemic and low oil prices on its economy. (AP Photo/Amr Nabil, File)
May 11, 2020 - 3:47 pm
DUBAI, United Arab Emirates (AP) — Saudi Arabia announced Monday it was tripling taxes on basic goods, raising them to 15%, and cutting spending on major projects by around $26 billion as it grapples with blows from the coronavirus pandemic and low oil prices on its economy. Saudi citizens will...
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FILE - In this July 18, 2019, file photo, former Vice President Al Gore speaks at Fordham University in New York. Gore endorsed Joe Biden’s White House bid on Wednesday, April 22, 2020, declaring that choosing the presumptive Democratic nominee over President Donald Trump is “not rocket science” and “not a close call.” (AP Photo/Richard Drew, File)
April 22, 2020 - 3:57 pm
ATLANTA (AP) — Former Vice President Al Gore, now one of the world's leading climate activists, endorsed Joe Biden’s White House bid on Wednesday, declaring that choosing the presumptive Democratic nominee over President Donald Trump is “not rocket science” and “not a close call.” “This is the...
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FILE - in this Aug. 15, 2019, file photo, migrants are detained in a tented, air-conditioned cage at a Border Patrol detention facility in Tornillo, Texas. A Border Patrol detention facility in West Texas could be a case study in wasting congressional funds money according to a report released this week by a congressional watchdog. In a period of five months, Customs and Border Protection paid around $5 million for food that was never ordered, about 650,000 unneeded meals, according to the Government Accountability Office report released Thursday, April 9, 2020.  (AP Photo/Cedar Attanasio File)
April 10, 2020 - 5:44 pm
EL PASO, Texas (AP) — U.S. Customs and Border Protection needlessly spent around $12 million last year to guard, house and feed as many as 2,500 people in a private detention center in Texas that never held more than 68 detainees on any given day, according to a report from a congressional watchdog...
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FILE - In this March 18, 2020, file photo, the Washington Monument and the U.S. Capitol are seen in Washington, at sunrise. Congress is considering ways to govern from afar during the coronavirus pandemic. Lawmakers are talking this week about whether it's possible to conduct virtual committee meetings, particularly to oversee how the $2.2 trillion stimulus money is being spent. And they're considering ways to pass virus-related legislation without requiring every lawmaker to be present. (AP Photo/Carolyn Kaster, File)
April 10, 2020 - 2:30 pm
WASHINGTON (AP) — The federal government's budget deficit for the first half of this budget year totaled $743.6 billion, up 7.6% from last year, and well on its way to topping $1 trillion even before the impacts of the coronavirus were felt. The Treasury Department reported Friday that the deficit...
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The American flag flutters in the wind as work is done on the roof of a building under construction in Sacramento, Calif., Tuesday, March 31, 2020. While most Californian's have spent more than a week under a mandatory stay-at-home order, because of the coronavirus, construction work is among the jobs exempt as part of the "essential infrastructure." (AP Photo/Rich Pedroncelli)
April 01, 2020 - 10:33 am
WASHINGTON (AP) — Spending on U.S. construction projects fell 1.3% in February with housing and nonresidential construction both showing weakness even before the coronavirus struck with force in the United States. The Commerce Department said Wednesday that the February decline followed a 2.8% rise...
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