Government finance

President Donald Trump's budget request for fiscal year 2021 arrives at the House Budget Committee on Capitol Hill in Washington, Monday, Feb. 10, 2020. (AP Photo/J. Scott Applewhite)
1010 WINS Newsroom
February 10, 2020 - 4:22 pm
WASHINGTON (AP) — President Donald Trump’s budget contains an $844 billion mystery pot for his still undefined health care plan, signaling steep cuts to Medicaid and “Obamacare.” That 10-year number represents hypothetical savings that would be used for a health care plan Trump has been promising...
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President Donald Trump's budget request for fiscal year 2021 arrives at the House Budget Committee on Capitol Hill in Washington, Monday, Feb. 10, 2020. (AP Photo/J. Scott Applewhite)
1010 WINS Newsroom
February 10, 2020 - 3:46 pm
WASHINGTON (AP) — President Donald Trump's fiscal 2021 budget plan doesn't have many fans — among either his GOP allies or opposition Democrats — but it's a measure of the president's priorities as he seeks a second term. News flash: It's short on politically painful cuts to Medicare and Social...
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FILE - In this Aug. 21, 2019 file photo, Puerto Rico's Governor Wanda Vazquez holds a press conference to announce new administrative appointments at the governor's official residence La Fortaleza in San Juan, Puerto Rico. Puerto Rico's fragile economy is facing an uncertain future after Vazquez rejected on Sunday, Feb. 9, 2020, a settlement announced late Sunday with bondholders that would reduce the U.S. territory's public debt by 70%. (AP Photo/Carlos Giusti)
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February 10, 2020 - 12:05 am
SAN JUAN, Puerto Rico (AP) — Puerto Rico's fragile economy is facing an uncertain future after the island's governor rejected a settlement announced late Sunday with bondholders that would reduce the U.S. territory's public debt by 70%. The settlement is the biggest one to date since the island's...
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FILE - This Tuesday, Sept. 24, 2019, file photo shows the White House in Washington. (AP Photo/Carolyn Kaster, File)
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February 09, 2020 - 4:12 pm
WASHINGTON (AP) — Confronted with trillion-dollar-plus deficits for as far as the eye can see, President Donald Trump is offering a budget plan n Mondaoffering a rehash of previously rejected spening cutleaving to leave Social Security and Medicare benefits untouched. Trump’s fiscal 2021 budget...
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FILE - This Jan. 31, 2020 file photo shows a sign for Wall Street in New York. Stocks are getting off to a weak start, Friday, Feb. 7, despite a strong jobs report. Thanks to rallies over the past few days, the market is still on pace for its best weekly gain since last June.(AP Photo/Mark Lennihan, File)
1010 WINS Newsroom
February 07, 2020 - 4:12 pm
Stocks closed lower for the first time this week but still had their best weekly gain since June. Technology companies did worse than the rest of the market. Stocks are coming off a four-day rally as traders tempered their worries about economic fallout from the virus outbreak that originated in...
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FIlE - In this Nov. 14, 2019, file photo a U.S. Secret Service special agent stands as Marine One, with President Donald Trump aboard, lifts off from the South Lawn of the White House in Washington. The White House is throwing its support behind a plan to relocate the U.S. Secret Service in order to better focus on the growing threat of online financial crimes. Shifting the agency from within the Department of Homeland Security to the Treasury Department would require action from Congress. (AP Photo/Alex Brandon, File)
1010 WINS Newsroom
February 07, 2020 - 1:09 pm
WASHINGTON (AP) — The White House is throwing its support behind a plan to transfer the U.S. Secret Service back to the Treasury Department to better focus on the growing threat of online financial crimes. Shifting the agency from within the Department of Homeland Security to the Treasury would...
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In this Friday, Jan. 10 photo, children play on a hay farm where residents from the Indios neighborhood of Guayanilla, Puerto Rico, have set up shelter after earthquakes and amid aftershocks in Guayanilla, Puerto Rico. A 6.4 magnitude quake that toppled or damaged hundreds of homes in southwestern Puerto Rico is raising concerns about where displaced families will live, while the island still struggles to rebuild from Hurricane Maria two years ago. (AP Photo/Carlos Giusti)
1010 WINS Newsroom
February 07, 2020 - 12:50 pm
WASHINGTON (AP) — The Democratic-controlled House on Friday passed a $20 billion-plus aid package for Puerto Rico, where a swarm of earthquakes last month set back the island territory's slow, troubled recovery from the hurricane devastation of 2017. The legislation, approved by a mostly party-line...
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FILE - In this July 14, 2018, file photo, people leave the south portal of Yucca Mountain during a congressional tour near Mercury, Nev. President Donald Trump appears to have reversed position to now oppose creating a national nuclear waste dump at Nevada's Yucca Mountain. Trump tweeted Thursday, Feb. 6, 2020, that his administration will respect the state, which has argued that the site about 100 miles from Las Vegas isn't suitable. (AP Photo/John Locher, File)
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February 06, 2020 - 8:54 pm
LAS VEGAS (AP) — President Donald Trump on Thursday appeared to reverse his position on a proposal to create a national nuclear waste dump at Yucca Mountain in Nevada after his administration tried for several years to revive the mothballed project. “Nevada, I hear you on Yucca Mountain and my...
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FILE - In this Aug. 28, 2019, file photo, Assemblywoman Lorena Gonzalez, D-San Diego, speaks at rally calling for passage of her measure to limit when companies can label workers as independent contractors, at the Capitol in Sacramento, Calif. Gonzalez said Thursday, Feb. 6, 2020, that she intends to ease the law's restrictions on freelance journalists and others after months of protests that it is already costing people their jobs. (AP Photo/Rich Pedroncelli, File)
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February 06, 2020 - 8:42 pm
SACRAMENTO, Calif. (AP) — The author of a sweeping new California labor law said Thursday that she intends to ease its restrictions on freelance journalists and others after months of protests that it is already costing people their jobs. Democratic Assemblywoman Lorena Gonzalez said in a series of...
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Greece's Prime Minister Kyriakos Mitsotakis, left, speaks with the European Commissioner for Economy Paolo Gentiloni during their meeting at Maximos Mansion in Athens, Thursday, Feb. 6, 2020. Gentiloni will have a series of meetings with Greek top officials in the context of the European Semester, the EU's cycle of economic and fiscal policy coordination among member states. (AP Photo/Thanassis Stavrakis)
1010 WINS Newsroom
February 06, 2020 - 10:39 am
ATHENS, Greece (AP) — The European Union's new economy commissioner says Greece's bailout lenders are willing to discuss a request by Athens to ease strict budget targets that would help speed up the country's recovery. While visiting Athens Thursday, Paolo Gentiloni sai d discussions could begin...
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