Government spending

FILE- In this July 17, 2018, file photo Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on "The Semiannual Monetary Policy Report to the Congress," at Capitol Hill in Washington. On Wednesday, Sept. 26, the Federal Reserve issues its latest policy statement and updates its interest-rate and economic projections before Powell holds a news conference. (AP Photo/Jose Luis Magana, FIle)
September 26, 2018 - 3:19 pm
WASHINGTON (AP) — The Federal Reserve signaled its confidence Wednesday in the U.S. economy by raising a key interest rate for a third time this year, forecasting another rate hike before year's end and predicting that it will continue to tighten credit into 2020 to manage growth and inflation. The...
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FILE- In this July 17, 2018, file photo Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on "The Semiannual Monetary Policy Report to the Congress," at Capitol Hill in Washington. On Wednesday, Sept. 26, the Federal Reserve issues its latest policy statement and updates its interest-rate and economic projections before Powell holds a news conference. (AP Photo/Jose Luis Magana, FIle)
September 26, 2018 - 2:28 am
WASHINGTON (AP) — The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead. The big question is whether the strong U.S. economy, which has been fueled this year by tax cuts and increased government...
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FILE- In this Wednesday, June 20, 2018, file photo, Jason Joshua waits on customers at Zak the Baker in Miami. Americans who quit to take new jobs are enjoying pay raises that are one-third larger than raises for workers who stay put, a gap that has reached the widest point since the Great Recession. At the same time, retail and restaurant workers are receiving more generous raises than manufacturing workers are. (AP Photo/Lynne Sladky, File)
September 07, 2018 - 5:36 am
WASHINGTON (AP) — U.S. employers likely hired at a healthy pace in August, emboldened by brisk consumer spending and an economy that keeps growing steadily. Economists have forecast that employers added 189,000 jobs in August and that the unemployment rate dipped from an already-low 3.9 percent to...
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August 23, 2018 - 5:36 pm
WASHINGTON (AP) — The Senate approved an $854 billion measure Thursday that funds much of the government, including $675 billion for the Defense Department. The bill combines military spending with disbursements for Health and Human Services, Education, Labor and other agencies. The bill was...
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People watch a televised address of Pakistan's newly elected Prime Minister Imran Khan at an electronic shop in Karachi, Pakistan, Sunday, Aug. 19, 2018. Pakistan's newly elected prime minister Imran Khan Sunday said the country was in its worst economic condition and pledged to improve it by adopting austerity to cut government expenditure, introducing progressive taxation, end corruption and bringing back from abroad the plundered public money. (AP Photo/Fareed Khan)
August 19, 2018 - 7:39 pm
ISLAMABAD (AP) — Prime Minister Imran Khan said in his first televised speech in office that Pakistan is in the worst economic condition it has seen and pledged to cut government spending, end corruption and repatriate public funds. A day after he was sworn in, Khan promised reforms across all...
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Former Libertarian presidential candidate Gary Johnson talks to reporters on Thursday, Aug. 16, 2018, about his decision to join the U.S. Senate race in New Mexico. (AP Photo/ Russell Contreras)
August 16, 2018 - 6:52 pm
ALBUQUERQUE, N.M. (AP) — Former Libertarian presidential candidate Gary Johnson said in seeking to make history and capture a U.S. Senate seat in New Mexico he'll have to give up a few of his favorite activities: marathon biking rides, hanging out in his northern New Mexico "dream" home and tuning...
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FILE- This March 5, 2018, file photo show the East Front of the U.S. Capitol at sunset in Washington. On Friday, Aug. 10, the Treasury Department releases federal budget data for July. (AP Photo/Alex Brandon, File)
August 10, 2018 - 1:52 pm
WASHINGTON (AP) — The federal government racked up a $76.9 billion deficit in July, with increased government spending and tax cuts keeping the country on track to record its biggest annual deficit in six years. The Treasury Department reported Friday that in the first 10 months of this budget year...
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FILE - In this March 27, 2018 file photo, construction cranes in Southwest Washington are silhouetted against the morning sky as redevelopment continues in the waterfront area of the District of Columbia. Spending on U.S. construction projects fell 1.1 percent in June, the biggest decline in more than a year as spending on public construction dropped at the highest rate in more than five years. The Commerce Department says the decline in June brought total construction spending to a seasonally-adjusted $1.32 trillion, 6.1 percent higher than a year ago. (AP Photo/J. David Ake, File)
August 01, 2018 - 9:32 am
WASHINGTON (AP) — Spending on U.S. construction projects fell 1.1 percent in June, the biggest decline in more than a year as spending on public construction dropped at the highest rate in more than five years. The decline in June brought total construction spending to a seasonally-adjusted $1.32...
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President Donald Trump speaks during a news conference with Italian Prime Minister Giuseppe Conte in the East Room of the White House, Monday, July 30, 2018, in Washington. Trump has indicated to staff that he won’t try to shut down the federal government before the midterm elections to try to win more money for a wall at the U.S.-Mexico border, administration officials said Tuesday. (AP Photo/Evan Vucci)
July 31, 2018 - 2:07 pm
WASHINGTON (AP) — Will he or won't he? President Donald Trump is sowing confusion about whether he's committed to keeping the government open through the fall elections or would willingly shut it down to secure more money for his promised wall at the U.S.-Mexico border. Trump on Tuesday escalated...
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FILE - In this June 27, 2018, file photo President Donald Trump hugs Senate candidate Rep. Kevin Cramer, R-N.D., during a campaign rally in Fargo, N.D. The conservative Koch brothers' network declared July 30, that it will not help elect Cramer, the Republican Senate candidate in North Dakota, turning its back on the GOP in a marquee election — at least for now — after determining that the Republican challenger is no better than the Democratic incumbent Heidi Heitkamp.(AP Photo/Evan Vucci, File)
July 31, 2018 - 7:32 am
WASHINGTON (AP) — President Donald Trump on Tuesday lashed out at the Koch brothers, tweeting that the billionaire industrialists are a "total joke in real Republican circles" and that he is "a puppet for no one." It's the latest salvo between the president and Charles and David Koch, who did not...
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