Government spending

December 17, 2018 - 6:04 am
LONDON (AP) — Britain's Office of National Statistics says it is changing the way it accounts for student loans in a decision that will add 12 billion pounds ($15 billion) to the country's budget deficit. The statistics agency said in a statement Monday that the design of the system means much of...
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In this Dec. 11, 2018, photo, President Donald Trump and Vice President Mike Pence meet with Senate Minority Leader Chuck Schumer, D-N.Y., and House Minority Leader Nancy Pelosi, D-Calif., in the Oval Office of the White House in Washington. Congress is racing to avoid a partial government shutdown over President Donald Trump’s border. But you wouldn’t know it by the schedule. Lawmakers are away until next week. The ball is in Trump’s court, both sides say. (AP Photo/Evan Vucci)
December 14, 2018 - 11:41 pm
WASHINGTON (AP) — Congress is racing to avoid a partial government shutdown next Friday over President Donald Trump's border wall. But you wouldn't know it by the schedule, as lawmakers left town waiting for the White House's next move. The House is taking an extended five-day weekend, returning...
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December 11, 2018 - 6:20 am
BEIJING (AP) — A painful contraction in China's auto market deepened in November as sales fell for a fifth month amid an economic slowdown and consumer anxiety over a tariff fight with Washington. Sales of SUVs, sedans and minivans in the global industry's biggest market plunged 16 percent from a...
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FILE - In this March 29, 2018, file photo, a cargo truck drives amid stacked shipping containers at the Yangshan port in Shanghai. China's export growth sank in November, 2018, as global demand weakened, adding to pressure on Beijing ahead of trade talks with Washington. (AP Photo/File)
December 08, 2018 - 6:00 am
BEIJING (AP) — China's export growth sank in November as global demand weakened, adding to pressure on Beijing ahead of trade talks with Washington. Exports rose 5.4 percent over a year ago to $227.4 billion, a marked decline from the previous month's 12.6 percent increase, customs data showed...
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FILE - In this Oct. 6, 2018 file photo, Senate Majority Leader Mitch McConnell, R-Ky., finishes speaking to reporters at the Capitol in Washington. McConnell’s blockade of a popular criminal justice reform package has angered top senators. And it’s created an unusual rift with a longtime Republican ally, Sen. Chuck Grassley of Iowa. (AP Photo/J. Scott Applewhite)
December 07, 2018 - 7:10 pm
WASHINGTON (AP) — Senate Majority Leader Mitch McConnell's reluctance to hold a vote on a popular criminal justice bill has angered top Republican senators and created an unusual rift with a longtime GOP ally, Sen. Chuck Grassley of Iowa. And on Friday, it also brought on a tweet from President...
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Italian Economy Minister Giovanni Tria attends a press conference in Rome, in Rome, Wednesday, Dec. 5, 2018. (AP Photo/Andrew Medichini)
December 07, 2018 - 2:34 pm
ROME (AP) — Italian lawmakers have given their first approval to the populist government's deficit-busting spending plan for 2019. The lower Chamber of Deputies on Friday night OK'd the proposal, put to a confidence vote to help close bickering ranks in Premier Giuseppe Conte's coalition. But the...
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In this Dec. 6, 2018 photo, House Democratic Leader Nancy Pelosi of California, meets with reporters at her weekly news conference on Capitol Hill in Washington. Democrats say lawmakers who’ve opposed Nancy Pelosi’s effort to become speaker next year want her to commit to limiting how long people could serve as House party leaders or committee chairs. (AP Photo/J. Scott Applewhite)
December 06, 2018 - 9:27 pm
WASHINGTON (AP) — House Democratic leader Nancy Pelosi on Thursday rejected the idea of paying for President Donald Trump's border wall in exchange for helping hundreds of thousands of young immigrants avoid deportation. Funding for the wall — a top Trump priority — and legal protections for so-...
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December 04, 2018 - 1:41 pm
WASHINGTON (AP) — The attorneys general of the District of Columbia and Maryland plan to file subpoenas seeking records from the Trump Organization, the Internal Revenue Service and dozens of other entities in their lawsuit accusing Donald Trump of profiting off the presidency. The Maryland...
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FILE- In this Nov. 29, 2018, file photo an Ironworker helps to construct a building in Philadelphia. On Monday, Dec. 3, the Commerce Department reports on U.S. construction spending in October. (AP Photo/Matt Rourke, File)
December 03, 2018 - 9:07 am
WASHINGTON (AP) — Spending on U.S. construction projections fell 0.1% in October, the third consecutive monthly decline, as weakness in home building and non-residential construction offset a rebound in government projects. The Commerce Department says the October decline matched a similar 0.1%...
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FILE- In this Oct. 26, 2018, file photo the rising sun silhouettes the U.S. Capitol dome at daybreak in Washington. The Treasury Department issues a report Tuesday, Nov. 13, on how much money Uncle Sam took in and paid out last month. (AP Photo/Alex Brandon, File)
November 13, 2018 - 2:04 pm
WASHINGTON (AP) — The federal government recorded a deficit of $100.5 billion in October, a big increase from a year ago that was primarily caused by quirks in the calendar. The Treasury Department said Tuesday that the deficit shot up 59 percent from the same month a year ago. Last year's October...
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