Government budget deficits

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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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 - 2:02 pm
WASHINGTON (AP) — The federal government recorded 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 reports that in the first 10 months of this budget year, the...
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July 30, 2018 - 4:22 pm
WASHINGTON (AP) — The Treasury Department announced Monday the federal government plans to borrow $329 billion in the current July-September quarter. That's the highest third-quarter figure in eight years, as the government faces rising borrowing needs due to higher budget deficits. Treasury said...
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FILE - In this June 15, 2018, file photo, the Capitol is seen in Washington. On Thursday, July 12, the Treasury Department releases federal budget data for June. (AP Photo/J. Scott Applewhite, File)
July 12, 2018 - 2:59 pm
WASHINGTON (AP) — The federal government recorded a $74.9 billion deficit in June, a month when the government often runs a surplus, as corporate taxes dropped sharply compared to a year ago. The Treasury Department reported Thursday that the June deficit pushed the imbalance so far this year to $...
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FILE- In this Jan. 30, 2018, file photo, several ship to shore cranes work a vessel at the Georgia Ports Authority's Port of Savannah loading and unloading container in Savannah, Ga. On Thursday, June 14, the International Monetary Fund issues its annual assessment of the U.S. economy at a news conference with IMF Managing Director Christine Lagarde. (AP Photo/Stephen B. Morton, File)
June 14, 2018 - 4:38 pm
WASHINGTON (AP) — The International Monetary Fund said Thursday that tax cuts will help fuel the U.S. economy this year and next. But it warned that growth after that will slide to levels just half of what the Trump administration is forecasting. In its annual assessment of the U.S. economy, the...
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May 24, 2018 - 3:42 pm
WASHINGTON (AP) — The nonpartisan Congressional Budget Office said Thursday that President Donald Trump's budget plan won't curb the spiraling deficit as it claims. Trump's budget, released in February and mostly ignored since, promises spending cuts and economic growth that would cut the deficit...
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