Government programs

Gov. Gavin Newsom discusses his plan for the gradual reopening of California businesses during a news conference at the Display California store in Sacramento, Calif., Tuesday, May 5, 2020. Newsom has scolded two rural counties for allowing some businesses to reopen in defiance of his statewide coronavirus restrictions. (AP Photo/Rich Pedroncelli, Pool)
1010 WINS Newsroom
May 07, 2020 - 11:00 am
SACRAMENTO, Calif. (AP) — California will have a budget shortfall of $54.3 billion because of the economic devastation wrought by the coronavirus, Gov. Gavin Newsom's administration announced Thursday, a stunning reversal for a state that had a $21 billion surplus a year ago. The state has been...
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May 06, 2020 - 9:55 pm
BAGHDAD (AP) — Iraq’s former spy chief was sworn in as prime minister by lawmakers early Thursday after weeks of tense political negotiations as the country faces a severe economic crisis spurred by plummeting oil prices and the coronavirus pandemic. The majority of 255 legislators attending the...
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In this April 3, 2020, photo, a man wearing a face mask due to COVID-19 concerns stands outside a check cashing service center in the Brooklyn borough of New York. While millions of U.S. workers have already received a quick relief payment from the federal treasury through direct deposit, millions of others without traditional bank accounts must wait weeks for paper checks. Advocates for the poor say this is an opportunity to get many of those who are unbanked into the formal financial system. (AP Photo/Bebeto Matthews)
1010 WINS Newsroom
May 06, 2020 - 10:53 am
WASHINGTON (AP) — The Treasury Department is detailing how it plans to borrow a record-breaking $2.99 trillion in debt this quarter which will include issuing for the first time since 1986 a 20-year bond. The Treasury faces an unprecedented need for credit because of the trillions of dollars the...
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1010 WINS Newsroom
May 05, 2020 - 10:01 am
The health insurer Humana will cover the whole bill for millions of customers when they are ready to ease COVID-19 social distancing and return to the doctor’s office. The insurer said Tuesday that it is waiving copayments, deductibles and other out-of-pocket costs for the rest of the year for all...
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This Sept. 18, 2019 photo shows the U.S. Treasury Department building viewed from the Washington Monument in Washington. The Treasury Department says it will need to borrow a record $2.99 trillion during the current April-June quarter to cover the cost of various rescue efforts dealing with the coronavirus pandemic. Treasury said Monday, May 4, 2020 that the $2.99 trillion it plans to borrow this quarter will far surpass the $530 billion quarterly borrowing it did in the July-September 2008 quarter as it dealt with the 2008 financial crisis. The extraordinary sum of $2.99 trillion of borrowing in a single quarter dwarfs the $1.28 trillion the government borrowed in the bond market for all of 2019. (AP Photo/Patrick Semansky)
1010 WINS Newsroom
May 04, 2020 - 5:49 pm
WASHINGTON (AP) — The economic paralysis triggered by the coronavirus pandemic is forcing the U.S. Treasury to borrow far more than it ever has before — $2.99 trillion in the current quarter alone. The amount is more than five times the government’s previous record borrowing for a quarter, $569...
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This April 29, 2020 photo provided by Rodney Morine, shows Morine preparing to make a delivery in Opelousas, La. Morine believes his second chance is no better than his first to secure a loan through a government program intended to help small businesses like his survive the pandemic. “I have zero confidence,” said Morine, an independent truck driver in Opelousas, Louisiana, whose revenues have dropped by half since the coronavirus outbreak hit the U.S. (Amani Simmons via AP)
1010 WINS Newsroom
May 04, 2020 - 1:42 am
WASHINGTON (AP) — Rodney Morine believes his second chance is no better than his first to secure a loan through a government program intended to help small businesses like his survive the pandemic. “I have zero confidence,” said Morine, an independent truck driver in Opelousas, Louisiana, whose...
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FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett will hold a drastically scaled-back version of Berkshire Hathaway's annual meeting on Saturday, May 2, 2020, because of the coronavirus outbreak. No shareholders will be allowed at this year's online meeting, but Buffett will still offer some commentary during a brief question-and-answer session at the event. (AP Photo/Nati Harnik, File)
1010 WINS Newsroom
May 02, 2020 - 9:25 pm
OMAHA, Neb. (AP) — Billionaire investor Warren Buffett doesn't know how or when the economy will recover from the coronavirus outbreak shutdown, but he remains optimistic in the long-term future of the United States. Buffett said Saturday at Berkshire Hathaway's online annual meeting that there's...
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FILE - In a May 16, 2006 file photo, rifles line a hunting store's shelves in Ottawa. Prime Minister Justin Trudeau said Friday, May 1, 2020 that Canada is banning the use and trade of assault-style weapons immediately. (Jonathan Hayward/The Canadian Press via AP)
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May 01, 2020 - 4:24 pm
TORONTO (AP) — Prime Minister Justin Trudeau announced an immediate ban Friday on the sale and use of assault-style weapons in Canada, two weeks after a gunman killed 22 people in Nova Scotia. “Canadians need more than thoughts and prayers,” he said, rejecting the reaction of many politicians after...
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May 01, 2020 - 3:45 pm
JEFFERSON CITY, Mo. (AP) — Missouri voters could get to decide whether to expand Medicaid health care coverage for thousands of low-income adults after a decade of repeated rejections by the state's Republican-led Legislature. Supporters of a proposed constitutional amendment said Friday that they...
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FILE - In this March 24, 2020, file photo, Kaye Knighton, 86, receives a visit from his daughter-law Darla Knighton at the Creekside Senior Living, in Bountiful, Utah. Window visits help seniors connect to families despite coronavirus restrictions. At greater risk from COVID-19, some seniors now face added anxiety due to delays obtaining Medicare coverage. (AP Photo/Rick Bowmer, File)
1010 WINS Newsroom
April 29, 2020 - 3:34 pm
WASHINGTON (AP) — At greater risk from COVID-19, some seniors now face added anxiety due to delays obtaining Medicare coverage. Advocates for older people say the main problem involves certain applications for Medicare's “Part B” coverage for outpatient care. It stems from the closure of local...
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