Fiscal policy

In this April 15, 2020 photo, people wear facemasks to protect against the spread of the new coronavirus cleans as they ride an escalator at a shopping mall in Beijing. China has reported its biggest economic decline since the 1970s as it fought the coronavirus in the first quarter of the year. (AP Photo/Mark Schiefelbein)
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April 17, 2020 - 5:00 am
BEIJING (AP) — China faces a drawn-out struggle to revive an economy that suffered its biggest contraction since possibly the mid-1960s after millions of people were told to stay home to fight the coronavirus. The world’s second-largest economy shrank by 6.8% from a year earlier in the quarter...
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In this April 13, 2020, photo, a couple walk through the capital city's popular shopping mall in Beijing. Chinese leaders have reopened factories and shops in an effort to revive the economy, but the consumers whose spending propels most of China's growth have been slow to return to shopping malls and auto dealerships. (AP Photo/Andy Wong)
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April 16, 2020 - 5:27 pm
BEIJING (AP) — China, where the coronavirus pandemic started in December, is cautiously trying to get back to business, but it’s not easy when many millions of workers are wary of spending much or even going out. Factories and shops nationwide shut down starting in late January. Millions of...
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In this April 6, 2020 photo, a bus drives past a roadwork construction project in Seattle where ramps off of the Highway 520 floating bridge meet Montlake Blvd. that has been shut down due to concern over the spread of the coronavirus. The $2 trillion federal stimulus package enacted in March included billions of dollars for public transit systems, publicly owned commercial airports and Amtrak passenger train service, but earmarked nothing for state highways and bridges. Many of those projects across the country have been put on hold because of a sharp drop in fuel taxes, tolls and user fees since the coronarvirus-related shutdowns suspended much of the U.S. economy. (AP Photo/Ted S. Warren)
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April 12, 2020 - 11:22 am
JEFFERSON CITY, Mo. (AP) — America’s roads are a lot less congested, due to coronavirus shutdowns that have kept millions of commuters, shoppers and vacationers parked at their homes. While that makes it easier to patch potholes, it also could spell trouble for road and bridge projects. The longer...
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FILE - In this March 27, 2020, file photo, members of the House of Representatives walk down the steps of Capitol Hill in Washington, after passing a coronavirus rescue package. For libertarians the very thought of massive government aid or the enforced closings of businesses is usually indefensible. But those beliefs can change in a time of crisis, like now. The spread of the coronavirus has renewed a long-running debate among libertarians over such core beliefs as private enterprise and individual autonomy. (AP Photo/Susan Walsh, File)
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April 11, 2020 - 6:05 pm
NEW YORK (AP) — Steve Baker, one of the British parliament's leading libertarians, was nearly in tears as he addressed the House of Commons in support of a bill that once seemed unthinkable: a massive economic aid package in response to the coronavirus pandemic. “Libertarian though I may be, this...
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Patrolman Elliot Landrau keeps watch at the West Side Market, Friday, April 10, 2020, in Cleveland. There were fewer shoppers this year before the Easter holiday than in previous years due to the coronavirus. (AP Photo/Tony Dejak)
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April 10, 2020 - 4:23 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the global economy, the work place and the spread of the virus. ________________________ CONSUMER DURESS: The consumer drives about 70% of all economic...
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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)
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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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President Donald Trump, accompanied by Vice President Mike Pence, left, and Labor Secretary Eugene Scalia, right, speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Thursday, April 9, 2020, in Washington. (AP Photo/Alex Brandon)
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April 10, 2020 - 10:40 am
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR — Good Friday observed at home ahead of Easter weekend...
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President Donald Trump speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Thursday, April 9, 2020, in Washington, as Vice President Mike Pence and Labor Secretary Eugene Scalia listen. (AP Photo/Andrew Harnik)
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April 09, 2020 - 9:48 pm
WASHINGTON (AP) — Hospitals taking money from the $2 trillion stimulus bill will have to agree not to send “surprise” medical bills to patients treated for COVID-19, the White House said Thursday. Surprise bills typically happen when a patient with health insurance gets treated at an out-of-network...
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In this April 6, 2020 photo, a sign at The Anthem music venue reads "We'll Get Thru This" at the wharf which is almost completely empty because of the coronavirus outbreak in Washington. The coronavirus pandemic has gut-punched global markets, put 6.6 million Americans out of work and raised the strong likelihood of a recession. But in the Washington lobbying world, business is booming. (AP Photo/Andrew Harnik)
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April 07, 2020 - 3:49 pm
WASHINGTON (AP) — The coronavirus pandemic has gut-punched global markets, put 6.6 million Americans out of work and raised the likelihood of a recession. But in the Washington lobbying world, business is booming. Companies, interest groups and entire industries are seeking help from lobbyists as...
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Japanese Prime Minister Shinzo Abe takes off mask as he speaks to reporters at the prime minister's official residence in Tokyo Monday, April 6, 2020. Abe said that he will declare a state of emergency for Tokyo and six other prefectures as early as Tuesday, April 7, to bolster measures to fight the coronavirus outbreak, but that there will be no hard lockdowns.(Yoshitaka Sugawara/Kyodo News via AP)
1010 WINS Newsroom
April 06, 2020 - 10:07 am
TOKYO (AP) — Japanese Prime Minister Shinzo Abe said that he will declare a state of emergency for Tokyo and six other prefectures as early as Tuesday to bolster measures to fight the coronavirus, but that there will be no hard lockdowns. Abe also told reporters Monday that his government will...
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