Government spending

Senate Majority Leader Mitch McConnell of Ky., puts his face mask back on after speaking during a news conference of Senate Republican leadership, Wednesday, Sept. 9, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
September 09, 2020 - 7:55 pm
WASHINGTON (AP) — Top Republican senators made pessimistic predictions Wednesday about securing a bipartisan coronavirus relief package before the November election, signaling instead they will just try to pass legislation that would avoid a federal shutdown as lawmakers head home to campaign...
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People take elevators at a shopping building in Tokyo on Aug. 24, 2020. Japan’s economy shrank at a record, even worse rate in the April-June quarter than initially estimated. The Cabinet Office said Tuesday, Sept. 8, 2020, Japan’s seasonally adjusted real gross domestic product contracted at an annualized rate of 28.1%, worse than the 27.8% figure given last month. (AP Photo/Eugene Hoshiko)
September 07, 2020 - 9:27 pm
TOKYO (AP) — Japan’s economy shrank at a record, even worse rate in the April-June quarter than initially estimated. The Cabinet Office said Tuesday Japan’s seasonally adjusted real gross domestic product contracted at an annualized rate of 28.1%, worse than the 27.8% figure given last month. The...
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Prime Minister Justin Trudeau rises during a sitting of the Special Committee on the COVID-19 Pandemic in the House of Commons Wednesday July 22, 2020 in Ottawa. (Adrian Wyld/The Canadian Press via AP)
August 17, 2020 - 7:52 pm
TORONTO (AP) — Canada’s finance minister announced his resignation Monday amid reports of differences with Prime Minister Justin Trudeau over government spending to protect the economy during the coronavrius pandemic. Bill Morneau said he is leaving politics and has put his name forward as a...
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FILE - In this March 9, 2020, file photo, a security person wears a mask as he checks vehicles entering a compound for Saudi Aramco in Jiddah, Saudi Arabia. Saudi Aramco's net income plunged by 50% in the first half of the year, according to figures published Sunday, Aug. 9, 2020, offering a revealing glimpse into the impact of the coronavirus pandemic on one of the world's biggest oil producers. (AP Photo/Amr Nabil, File)
August 09, 2020 - 4:00 am
DUBAI, United Arab Emirates (AP) — Saudi Aramco's net income plunged by 50% in the first half of the year, according to figures published Sunday, offering a revealing glimpse into the impact of the coronavirus pandemic on one of the world's biggest oil producers. Profits for the first six months of...
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A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Wednesday, Aug. 5, 2020. Major Asian stock markets declined Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. (AP Photo/Vincent Yu)
August 04, 2020 - 10:42 pm
BEIJING (AP) — Major Asian stock markets declined Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney declined. Investors are watching the stalemate among U.S. legislators over employment...
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FILE - In this July 13, 2020 file photo, a For Rent sign hangs on a closed shop during the coronavirus pandemic in Miami Beach, Fla. Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about the likelihood of any sustained recovery the rest of the year. (AP Photo/Lynne Sladky)
July 29, 2020 - 1:32 pm
WASHINGTON (AP) — Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about any sustained recovery the rest of the year. A huge plunge in consumer spending as people stayed home and avoided...
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Senate Majority Leader Mitch McConnell of Ky., during a news conference on on Capitol Hill in Washington, Monday, July 27, 2020, to highlight their proposal for the next coronavirus stimulus bill. McConnell is joined by, from left, Sen. John Cornyn, R-Texas, Sen. Lamar Alexander, R-Tenn., Sen. Roy Blunt, R-Mo., Sen. Richard Shelby, R-Ala., Sen. Tim Scott, R-S.C., Sen. Lindsey Graham, R-S.C., and Sen. Mitt Romney, R-Utah. (AP Photo/Susan Walsh)
July 28, 2020 - 1:33 pm
WASHINGTON (AP) — Negotiations launched, the differences over the next coronavirus aid package are vast, a gulf between Democrats' $3 trillion proposal and Republicans $1 trillion counteroffer, with millions of Americans' jobless benefits, school reopenings and eviction protections at stake. As top...
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FILE - In this April 22, 1952 file photo a gigantic pillar of smoke with the familiar mushroom top climbs above Yucca Flat, Nev. during nuclear test detonation. A defense spending bill pending in Congress includes an apology to New Mexico, Nevada, Utah and other states affected by nuclear testing over the decades, but communities downwind from the first atomic test in 1945 are still holding out for compensation amid rumblings about the potential for the U.S. to resume nuclear testing. (AP Photo,File)
July 24, 2020 - 6:10 pm
ALBUQUERQUE, N.M. (AP) — Deep within a multibillion-dollar defense spending measure pending in Congress is an apology to New Mexico, Nevada, Utah and other states affected by radiation from nuclear testing over the decades. But communities downwind from the first atomic test in the New Mexico...
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House Speaker Nancy Pelosi of Calif., accompanied by Rep. Dan Kildee, D-Mich., left, and Rep. Danny Davis, D-Ill., right, speaks at a news conference on Capitol Hill in Washington, Friday, July 24, 2020, on the extension of federal unemployment benefits. (AP Photo/Andrew Harnik)
July 24, 2020 - 1:58 pm
WASHINGTON (AP) — Even as lawmakers stumble in their quest to pass another coronavirus response measure, both the House and Senate sought to return to some semblance of normal business this week, passing annual must-do measures on spending and defense policy despite the challenges of legislating...
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Australian Treasurer Josh Frydenberg addresses the media during a federal budget update ahead of the 2020/21 budget scheduled for October, at Parliament House in Canberra, Thursday, July 23, 2020. Australia’s response to the coronavirus pandemic tipped the government’s budget AU$85.8 billion ($61 billion) into the red in the last fiscal year and will create AU$184 billion ($131 billion) more debt in the current year which would be the nation’s biggest deficit since World War II, treasury figures showed on Thursday. (Lukas Coch/AAP Image via AP)
July 23, 2020 - 2:35 am
CANBERRA, Australia (AP) — Australia’s response to the coronavirus pandemic tipped the government’s budget 85.8 billion Australian dollars ($61 billion) into the red in the last fiscal year and will create AU$184 billion ($131 billion) more debt in the current year which would be the nation’s...
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