Government debt

July 12, 2019 - 11:27 am
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin is telling 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. In a...
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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
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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FILE - Presidential hopeful H. Ross Perot speaks at a rally in Austin, Texas, in this 1992 file photo. Perot, the Texas billionaire who twice ran for president, has died. He was 89. (AP Photo, File)
July 09, 2019 - 4:36 pm
DALLAS (AP) — H. Ross Perot rose from a childhood of Depression-era poverty to become a self-made billionaire who twice ran for president with a mixture of folksy sayings and simple solutions to America's problems. His 19% of the vote in 1992 stands among the best showings by an independent...
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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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A trader works at the New York Stock Exchange, Friday, July 5, 2019 in New York. (AP Photo/Mark Lennihan)
July 05, 2019 - 4:39 pm
Bond yields rose and stocks mostly bounced back from an early slide to finish with modest losses Friday, a downbeat end on Wall Street to an otherwise milestone-setting week for the broader market. The small decline snapped a six-day winning streak for the S&P 500, though the benchmark index...
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FILE - In this June 28, 2019, file photo, Matt Adams, center right, Legal Director of the Northwest Immigrant Rights Project, leaves the U.S. Courthouse with others after a hearing on asylum seekers in Seattle. On Tuesday, July 2, 2019, a federal judge in Seattle has blocked a Trump administration policy that would keep thousands of asylum seekers locked up while they pursue their cases. (AP Photo/Elaine Thompson, File)
July 03, 2019 - 5:17 pm
SEATTLE (AP) — The White House on Wednesday blasted a Seattle judge's ruling that says the Trump administration can't indefinitely lock up migrants who are seeking asylum without giving them a chance to be released on bond. U.S. District Judge Marsha Pechman on Tuesday blocked an administration...
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FILE - In this June 28, 2019, file photo, Matt Adams, center right, Legal Director of the Northwest Immigrant Rights Project, leaves the U.S. Courthouse with others after a hearing on asylum seekers in Seattle. On Tuesday, July 2, 2019, a federal judge in Seattle has blocked a Trump administration policy that would keep thousands of asylum seekers locked up while they pursue their cases. (AP Photo/Elaine Thompson, File)
July 03, 2019 - 2:52 am
SEATTLE (AP) — A federal judge in Seattle on Tuesday blocked a Trump administration policy that would keep thousands of asylum-seekers locked up while they pursue their cases, saying the Constitution demands that such migrants have a chance to be released from custody. U.S. District Judge Marsha...
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Matt Adams, center right, Legal Director of the Northwest Immigrant Rights Project, leaves the U.S. Courthouse with others after a hearing on asylum seekers there Friday, June 28, 2019, in Seattle. A federal judge heard a challenge to a new Trump administration policy, scheduled to take effect next month, that would keep thousands of asylum seekers locked up while they pursue their cases, instead of allowing them to be released on bond. It targets immigrants who have recently entered the U.S. without permission and have demonstrated a credible fear of persecution or torture if returned to their home country. (AP Photo/Elaine Thompson)
June 28, 2019 - 6:02 pm
SEATTLE (AP) — Immigrant rights activists on Friday asked a U.S. judge to block a new Trump administration policy that would keep thousands of asylum seekers locked up while they pursue their cases, instead of giving them a chance to be released on bond. Attorney General William Barr announced the...
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Senate Minority Leader Chuck Schumer, D-N.Y., talks to reporters at the Capitol in Washington, Tuesday, June 18, 2019. (AP Photo/J. Scott Applewhite)
June 19, 2019 - 8:37 pm
WASHINGTON (AP) — Trump administration bargainers offered a one-year budget freeze and said Democratic spending demands remained too high as talks with congressional leaders aimed at averting deep cuts in defense and domestic programs seemed no closer to resolution Wednesday. After White House...
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