Government finance

FILE- In this Feb. 22, 2019, file photo the dome of the U.S. Capitol Building is visible in reflection in Washington. On Friday, March 22, the Treasury Department releases federal budget data for February. (AP Photo/Andrew Harnik, File)
March 22, 2019 - 1:25 pm
WASHINGTON (AP) — A senior Senate Republican Friday unveiled a five-year budget plan that would modestly curb budget deficits that would otherwise soon breach $1 trillion, while rejecting President Donald Trump's gimmick of using war funding to sustain big increases for the Pentagon. Budget...
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FILE- In this Feb. 22, 2019, file photo the dome of the U.S. Capitol Building is visible in reflection in Washington. On Friday, March 22, the Treasury Department releases federal budget data for February. (AP Photo/Andrew Harnik, File)
March 22, 2019 - 1:10 pm
WASHINGTON (AP) — The federal government posted a record budget deficit in February, pushing the overall deficit for the first five months of the budget year up 39 percent from a year ago. The Treasury Department says in its monthly report that the deficit hit an all-time high for February of $234...
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FILE- In this March 13, 2019, file photo traders gather at the post that handles Oaktree Capital Group on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, March 22. (AP Photo/Richard Drew, File)
March 22, 2019 - 12:46 pm
NEW YORK (AP) — One of the most closely watched predictors of a potential recession just yelped even louder. The signal lies within the bond market, where investors show how confident they are about the economy by their level of demand for U.S. government bonds. It's called the "yield curve," and a...
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FILE - In this Jan. 10, 2017 file photo, A 1040 tax form appears on display in New York. The Treasury Department is expanding for a second time this year the relief it grants taxpayers who had too little in income taxes withheld from their paychecks in the first year of a sweeping tax overhaul. Treasury announced Friday, March 22, 2019 that taxpayers will be able to avoid penalties for paying too little in taxes as long as they paid at least 80 percent of what they owed the government. (AP Photo/Mark Lennihan, File )
March 22, 2019 - 12:13 pm
WASHINGTON (AP) — The Treasury Department announced Friday that it is expanding again the relief it grants taxpayers who had too little in income taxes withheld from their paychecks in the first year of a sweeping tax overhaul. Treasury said that taxpayers will be able to avoid penalties for paying...
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March 21, 2019 - 4:44 pm
WASHINGTON (AP) — The U.S. Marine commandant is warning that some unexpected costs, including from major hurricane damage and unplanned deployments to the U.S.-Mexico border, are forcing him to cancel training exercises and will degrade combat readiness. Gen. Robert Neller says in a memo that the...
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Federal Reserve Chair Jerome Powell listens to a reporter's question during a news conference in Washington, Wednesday, March 20, 2019. (AP Photo/Susan Walsh)
March 20, 2019 - 3:58 pm
WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes this year, reflecting a dimmer view of the economy as growth weakens in the United States and abroad. The Fed said it was keeping its benchmark rate — which can influence everything from...
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Retired coal miner John Robinson uses a nebulizer during his daily breathing treatments for black lung disease on Thursday, Jan. 24, 2019 in Coeburn, Va. Robinson was 47 when he was diagnosed with black lung disease, part of a new generation of black lung sufferers who are contracting the deadly disease at younger ages. (AP Photo/Dylan Lovan)
March 20, 2019 - 12:48 am
COEBURN, Va. (AP) — Former coal miner John Robinson's bills for black lung treatments run $4,000 a month, but the federal fund he depends on to help cover them is being drained of money because of inaction by Congress and the Trump administration. Amid the turmoil of the government shutdown this...
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FILE - In this Monday, March 4, 2019, file photo, Kevin Hassett, chairman of the White House Council of Economic Advisers, talks to media outside of the White House in Washington. Contrary to most economists, the Trump administration expects the U.S. economy to keep booming over the next decade on the strength of further tax cuts, reduced regulation and improvements to the nation’s infrastructure. (AP Photo/Carolyn Kaster)
March 18, 2019 - 11:13 pm
Contrary to the views of most economists, the Trump administration expects the U.S. economy to keep booming over the next decade on the strength of further tax cuts, reduced regulation and improvements to the nation's infrastructure. The annual report from President Donald Trump's Council of...
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March 18, 2019 - 1:38 pm
MADISON, Wis. (AP) — Foxconn Technology Group said Monday that its manufacturing facility in Wisconsin will be producing flat-screen panels by the end of 2020, with construction starting later this year. The news came after the worldwide electronics manufacturing leader sent mixed signals earlier...
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March 18, 2019 - 12:55 pm
BERLIN (AP) — The United States is bristling at the suggestion Germany might miss its own defense spending target, which is already short of the NATO goal. Finance Minister Olaf Scholz's budget plan, which is to be presented to cabinet on Wednesday, foresees Germany's defense spending rising to 1...
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