Government budget deficits

May 09, 2017 - 2:42 pm
WASHINGTON (AP) — Republicans relentlessly complained about big budget deficits during Democratic President Barack Obama's two terms, but now a growing number in the GOP are pushing for deep tax cuts even if they add to the government's $20 trillion debt. President Donald Trump says he is pushing...
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Treasury Secretary Steve Mnuchin takes a question in the briefing room of the White House in Washington, Wednesday, April 26, 2017, where he discussed President Donald Trump tax proposals. (AP Photo/Andrew Harnik)
April 26, 2017 - 6:21 pm
WASHINGTON (AP) — Dismissing concerns about ballooning federal deficits, President Donald Trump on Wednesday proposed dramatic tax cuts for U.S. businesses and individuals — outlining an overhaul his administration promises will spur economic growth and simplify America's tangle of tax code rules...
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Treasury Secretary Steven Mnuchin, joined by National Economic Director Gary Cohn, speaks in the briefing room of the White House in Washington, Wednesday, April 26, 2017. President Donald Trump is proposing dramatically reducing the taxes paid by corporations big and small in an overhaul his administration says will spur economic growth and bring jobs and prosperity to the middle class. (AP Photo/Carolyn Kaster)
April 26, 2017 - 2:00 pm
WASHINGTON (AP) — President Donald Trump proposed dramatic cuts in the taxes paid by corporations big and small Wednesday in an overhaul his administration says will spur economic growth and bring jobs and prosperity to America's middle class. But his ambitious plan alarmed lawmakers who worry...
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Treasury Secretary Steve Mnuchin smiles while speaking to the media during the daily briefing in the Brady Press Briefing Room of the White House in Washington, Monday, April 24, 2017. (AP Photo/Pablo Martinez Monsivais)
April 25, 2017 - 8:36 am
WASHINGTON (AP) — President Donald Trump plans to stick with his campaign pledge to slash the corporate tax rate from 35 percent to 15 percent, but the dramatic cut raises a problematic question for the White House: How can the president deliver the "massive" tax cut he promised without also...
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Greek Prime Minister Alexis Tsipras delivers a speech during the "Ancient Civilizations Forum" (ACForum) at Zappeio Conference Hall in Athens, Monday, April 24, 2017. Foreign Ministers and top officials from various countries attended the forum being held in the Greek capital. (AP Photo/Thanassis Stavrakis)
April 25, 2017 - 6:49 am
LONDON (AP) — Following years of strict budget restraint, particularly in Greece, the level of government borrowing across the 19-country eurozone has fallen to its lowest level since before the most acute phase of the global financial crisis, official figures showed Tuesday. According to...
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April 25, 2017 - 6:43 am
LONDON (AP) — Following years of strict budget restraint, particularly in Greece, the level of government borrowing across the 19-country eurozone has fallen to its lowest level since before the most acute phase of the global financial crisis, official figures showed Tuesday. According to...
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Treasury Secretary Steve Mnuchin smiles while speaking to the media during the daily briefing in the Brady Press Briefing Room of the White House in Washington, Monday, April 24, 2017. (AP Photo/Pablo Martinez Monsivais)
April 25, 2017 - 3:49 am
WASHINGTON (AP) — President Donald Trump plans to stick with his campaign pledge to slash the corporate tax rate from 35 percent to 15 percent, but the dramatic cut raises a problematic question for the White House: How can the president deliver the "massive" tax cut he promised without also...
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Treasury Secretary Steve Mnuchin smiles while speaking to the media during the daily briefing in the Brady Press Briefing Room of the White House in Washington, Monday, April 24, 2017. (AP Photo/Pablo Martinez Monsivais)
April 25, 2017 - 3:47 am
WASHINGTON (AP) — President Donald Trump's campaign pledge to slash the corporate tax rate from 35 percent to 15 percent raises a thorny question for the White House. How can the president deliver the "massive" tax cut he promised without also blowing a massive hole in the budget? Most outside...
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April 12, 2017 - 2:50 pm
WASHINGTON (AP) — The federal government ran a budget deficit in March that was sharply higher than a year ago, largely because of a hitch in the calendar. Through the first half of this budget year, the deficit is running almost 15 percent higher than the same period a year ago. The Treasury...
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April 12, 2017 - 2:09 pm
WASHINGTON (AP) — The federal government ran a budget deficit in March that was sharply higher than a year ago because of special factors. Through the first half of this budget year, the deficit is running 14.7 percent higher than the same period a year ago. The Treasury Department says the deficit...
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