Government budgets

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
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
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
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
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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New Finance Minister Christos Staikouras, left, speaks as outgoing Finance Minister Euclid Tsakalotos is seen during a handover ceremony in Athens, Tuesday, July 9, 2019. Greece's new Cabinet was sworn in Tuesday, two days after conservative party leader Kyriakos Mitsotakis won early elections on pledges to make the country more business-friendly, cut taxes and negotiate an easing of draconian budget conditions agreed as part of the country's rescue program. (AP Photo/Thanassis Stavrakis)
July 09, 2019 - 12:34 pm
ATHENS, Greece (AP) — Greece's new government will press ahead with tax cuts for households and businesses despite skepticism from creditors, the country's finance minister said Tuesday after he and his Cabinet colleagues were sworn in. Christos Staikouras' comments during a handover ceremony at...
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July 08, 2019 - 6:34 pm
WASHINGTON (AP) — Lower than expected tax revenues now mean there is a "significant risk" that the federal government will run out of borrowing authority in the early part of September, according to a new analysis by the Bipartisan Policy Center, a Washington think tank and advocacy group. The...
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July 08, 2019 - 6:15 pm
WASHINGTON (AP) — Gradually raising the federal minimum wage to $15 an hour would boost pay for as many as 27 million workers, but it could also cost as many as 1.3 million jobs by 2025, according to a report released Monday from the nonpartisan Congressional Budget Office. That's the trade-off...
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Greek opposition New Democracy conservative party leader Kyriakos Mitsotakis centre, walks with his wife Mareva, right in Athens, Monday, July 8, 2019. Mitsotakis was to be sworn in as Greece's new prime minister after a resounding win over left-wing Alexis Tsipras, who led the country through the tumultuous final years of its international bailouts. Mitsotakis' New Democracy party won 39.8% of the vote, giving him 158 seats in the 300-member parliament, a comfortable governing majority. (AP Photo/Thanassis Stavrakis)
July 08, 2019 - 5:17 pm
ATHENS, Greece (AP) — Greece's bailout creditors on Monday bluntly rejected calls from the country's new conservative government to ease draconian budget conditions agreed as part of its rescue program. Conservative party leader Kyriakos Mitsotakis was sworn in as Greece's new prime minister Monday...
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Greece's newly-elected prime minister Kyriakos Mitsotakis, waves as he walks shortly after his swearing-in ceremony at the Presidential Palace in Athens, Monday, July 8, 2019. Mitsotakis' New Democracy party won 39.8% of the vote, giving him 158 seats in the 300-member parliament, a comfortable governing majority. (AP Photo/Petros Giannakouris)
July 08, 2019 - 4:46 pm
ATHENS, Greece (AP) — The Latest on Greece's election of a new government (all times local): 11:20 p.m. Greece's bailout creditors have rejected a call by the country's new government to ease strict budget targets that were agreed to after Athens received billions in rescue loans. Eurogroup...
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Indian Finance Minister Nirmala Sitharaman, center left, and junior Finance Minister Anurag Thakur, left, stands for the media outside the finance ministry before proceeding towards the parliament house to unveil the annual federal budget in New Delhi, India, Friday, July 5, 2019. India's government says the economy is expected to grow at 7% in 2019-20, up from a five-year low of 6.8% in the past year. (AP Photo/Mariya Amrayeva)
July 06, 2019 - 12:11 am
NEW DELHI (AP) — Indian Prime Minister Narendra Modi's government on Friday proposed heavy investments in infrastructure, the digital economy and job creation to lift a sluggish economy burdened with a 45-year-high unemployment rate of 6.1%. Unveiling a draft budget after a major victory in...
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