Government budget deficits

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 - 3:04 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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November 13, 2018 - 2:48 am
DUBAI, United Arab Emirates (AP) — Higher oil prices are helping to offset increases in public spending by the Middle East's oil exporting heavyweights like Saudi Arabia, with these countries narrowing their budget deficit by $77 billion, the International Monetary Fund said on Tuesday. However,...
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European Commissioner for Economic and Financial Affairs Pierre Moscovici presents the Autumn 2018 economic forecast at EU headquarters in Brussels, Thursday, Nov. 8, 2018. (AP Photo/Olivier Matthys)
November 08, 2018 - 7:04 am
Economic growth across the 19-country eurozone is set to slow down further in coming years and become increasingly reliant on domestic factors like consumer spending, the European Union said Thursday. In its latest economic projections, the EU's executive Commission said eurozone growth this year...
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Left to right: vice premier Luigi Di Maio, premier Giuseppe Conte and vice premier Matteo Salvini, pose as they arrive for a press conference at Chigi's Palace, in Rome, Saturday, Oct. 20 2018. Italy's government vowed Saturday to engage in constructive talks with the European Union as it still gave final approval to a rule-busting budget and brushed off a ratings downgrade triggered by its higher-than-expected deficit targets. (Angelo Carconi/ANSA via AP)
October 23, 2018 - 12:10 pm
BRUSSELS (AP) — The European Union set up a high-stakes battle with Italy, one of the bloc's biggest economies, over who has final control over a member state's budget after the executive Commission took the unprecedented step of ordering the country to revise its public spending plans. In a move...
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Italian Premier Giuseppe Conte answers reporters' questions during a press conference at the foreign press club in Rome, Monday, Oct. 22, 2018. (AP Photo/Gregorio Borgia)
October 22, 2018 - 9:12 am
MILAN (AP) — Italy's leader on Monday indicated his government would stand firm in its plans to ramp up public spending, keeping alive a dispute with the European Union, which is worried the budget would increase the country's high debts. Premier Giuseppe Conte defended the deficit-busting budget...
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Italian Deputy Premier and League leader Matteo Salvini greets supporters during a rally in Mezzocorona, northern Italy, Friday, Oct. 19, 2018. (Daniel Mosna/ANSA via AP)
October 20, 2018 - 4:24 am
ROME (AP) — Italy's deputy premier is brushing off a ratings downgrade and vowing to forge ahead with the government's rule-busting budget as Italy prepares to respond to European Union concerns about its high deficit targets. International credit rating agency Moody's late Friday downgraded Italy'...
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FILE - In this Sept. 20, 2011 file photo, then Alaska Gov. Sean Parnell holds up a sign with the amount of the year's Alaska Permanent Fund Dividend checks during a news conference in Anchorage, Alaska. For decades, Alaska residents have shared in the state’s oil wealth and eagerly anticipated the reveal of the annual check’s amount and dreamed about how they’d use their portion. More recently, the excitement has been muted as Gov. Bill Walker and state legislators have capped the payout in response to Alaska’s budget deficit. (AP Photo/Mark Thiessen, File)
October 04, 2018 - 12:16 am
JUNEAU, Alaska (AP) — For decades, Alaska residents have shared in the state's oil wealth. They eagerly anticipated the reveal of the annual check's amount and dreamed about how they'd use their portion. But more recently, the excitement has been muted as Gov. Bill Walker and state legislators have...
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A man stands in front of an electronic board showing the Hong Kong share index outside a local bank in Hong Kong, Wednesday, Oct. 3, 2018. (AP Photo/Vincent Yu)
October 03, 2018 - 5:53 am
SINGAPORE (AP) — Global shares were mixed Wednesday after reports suggested Italy will rein in spending after 2019, following heavy criticism of its budget plans. KEEPING SCORE: The CAC 40 in France edged 0.1 percent higher to 5,472.12 and Britain's FTSE 100 added 0.1 percent to 7,482.23. Italy's...
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Italian Finance Minister Giovanni Tria, left, attends a round table meeting of eurogroup finance ministers at the European Council building in Luxembourg, Monday, Oct. 1, 2018. (AP Photo/Geert Vanden Wijngaert)
October 02, 2018 - 5:43 am
MILAN (AP) — Italy's leaders refused to budge from new spending targets that have been spooking investors recently and prompted concerns from the country's partners in eurozone. Deputy Prime Minister Luigi Di Maio said Tuesday that the government "will not back up one millimeter" from spending...
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In this Monday, Aug.. 20, 2018 photo, Alaska Gov. Bill Walker is shown during an interview in his campaign office in Anchorage, Alaska. Walker, an independent, bypassed the primaries and instead gathered signatures to qualify for the general election in November, where he is expected to face Republican Mike Dunleavy and Democrat Mark Begich. (AP Photo/Becky Bohrer)
August 22, 2018 - 8:39 pm
ANCHORAGE, Alaska (AP) — The path to the governor's office in Alaska this year may very well hinge on the oil check given to state residents. Each year, the state distributes checks just for living here — residents' share of the state's oil wealth. For some, it's discretionary money used for new...
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