Debt and bond markets

December 05, 2017 - 6:00 pm
PORTLAND, Ore. (AP) — Municipal governments worry the tax overhaul in Washington, D.C. could chill the construction of affordable housing as homelessness reaches a crisis point on the West Coast. Officials with the housing authority in Portland, Oregon, said Tuesday that the U.S. could lose nearly...
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Senate Majority Leader Mitch McConnell, R-Ky., answers a reporters question during a news conference Saturday, Dec. 2, 2017, in Louisville, Ky. The Senate passed the tax bill early Saturday morning with a 51-49 vote. (AP Photo/Timothy D. Easley)
December 02, 2017 - 6:34 pm
LOUISVILLE, Ky. (AP) — Fresh off his biggest legislative victory of the Trump era, Senate Majority Leader Mitch McConnell on Saturday disputed projections that the Senate's tax bill would add to the nation's debt woes. Back home in Kentucky just hours after the Senate narrowly pushed through the...
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From left, Senate Majority Leader Mitch McConnell, R-Ky., Senate Finance Committee Chairman Orrin Hatch, R-Utah, and Treasury Secretary Steven Mnuchin, make statements to reporters as work gets underway on the Senate's version of the GOP tax reform bill, on Capitol Hill in Washington, Thursday, Nov. 9, 2017. (AP Photo/J. Scott Applewhite)
November 09, 2017 - 10:07 pm
WASHINGTON (AP) — Senate Republicans revealed the details of their sweeping tax legislation Thursday, including a one-year delay in plans for a major corporate tax cut despite strident opposition from the White House and others in their own party. Their bill would leave the prized mortgage interest...
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Members of the tax-writing House Ways and Means Committee work to shape the GOP's far-reaching tax overhaul, on Capitol Hill in Washington, Monday, Nov. 6, 2017. (AP Photo/J. Scott Applewhite)
November 07, 2017 - 3:42 pm
WASHINGTON (AP) — The Latest on Republican tax overhaul legislation (all times local): 3:35 p.m. An influential conservative congressman predicts "there's no way" the House tax bill will include a repeal of a mandate in President Barack Obama's health care law that individuals buy health insurance...
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House Speaker Paul Ryan, R-Wis., walks through Statuary Hall to his office on Capitol Hill in Washington, Friday, Nov. 3, 2017. Ryan introduced a far-reaching tax overhaul Thursday that will be a priority for the GOP. (AP Photo/J. Scott Applewhite)
November 05, 2017 - 3:57 pm
WASHINGTON (AP) — House Speaker Paul Ryan said Republicans are discussing whether their tax plan should include a repeal of the Obama health law's requirement that people have insurance coverage or face a penalty, a step pushed by President Donald Trump but seen by some GOP lawmakers as possibly...
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President Donald Trump holds an example of what a new tax form may look like during a meeting on tax policy with Republican lawmakers in the Cabinet Room of the White House, Thursday, Nov. 2, 2017, in Washington, with House Speaker Paul Ryan, R-Wis., and Chairman of the House Ways and Means Committee Rep. Kevin Brady, R-Texas, right. (AP Photo/Evan Vucci)
November 03, 2017 - 2:21 pm
WASHINGTON (AP) — President Donald Trump is pressuring Republicans to repeal a health care law penalty in their tax rewrite, a step the House's top tax writer indicated is politically problematic. Rep. Kevin Brady, chairman of the Ways and Means Committee, said Friday the president had spoken to...
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This Tuesday, Oct. 17, 2017, photo shows a home for sale in Fort Washington, Pa. On Thursday, Oct. 26, 2017, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Matt Rourke)
October 26, 2017 - 10:57 am
WASHINGTON (AP) — The costs of borrowing to buy a home increased slightly this week, but U.S. mortgage rates are still near relative lows. Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-rate mortgages rose to 3.94 percent from 3.88 percent last week. At this time...
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A municipal worker sweeps in front of a Presidential guard at the Tomb of the Unknown soldier in Athens, Monday, Oct. 23, 2017. Bailout negotiators are returning to Greece to try and reach a deal by the end of the year on the terms for the next loan payout, as the debt-plagued country prepares to end eight years of rescue funding programs next summer. (AP Photo/Yorgos Karahalis)
October 23, 2017 - 11:23 am
ATHENS, Greece (AP) — Bailout negotiators have returned to Greece to try and reach a deal by the end of the year on the terms for the next loan payout, as the debt-plagued country prepares to end eight years of rescue funding programs next summer. At meetings Monday with finance ministry officials...
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Speaker of the House Paul Ryan applauds as attendees to the 72nd Annual Alfred E. Smith Memorial Foundation dinner are announced Thursday, Oct. 19, 2017, in New York. (AP Photo/Julie Jacobson)
October 20, 2017 - 6:28 pm
WASHINGTON (AP) — Divided Republicans in Congress are tackling an ambitious overhaul of the nation's tax system that would deeply cut levies for corporations and double the standard deduction used by most average Americans. Despite controlling Congress and the White House, Republicans failed to...
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October 20, 2017 - 2:07 pm
WASHINGTON (AP) — The Trump administration says the federal budget deficit rose to $666 billion in the just-completed budget year, an $80 billion spike over last year. The word comes as Republicans controlling Washington are moving quickly to draft a rewrite of the tax code that could add up to $1...
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