Government budgets

President Donald Trump talks with reporters before departing from Morristown Municipal Airport in Morristown, N.J., Sunday, Aug. 9, 2020. Trump was returning to Washington after spending the weekend at Trump National Golf Club. (AP Photo/Susan Walsh)
August 11, 2020 - 5:36 am
WASHINGTON (AP) — President Donald Trump’s move to defer Social Security payroll taxes could be taking him into treacherous political territory. His directive — aimed at boosting an economy shaken by the coronavirus pandemic — doesn’t affect retirement benefits but impacts how they're paid for...
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President Donald Trump talks with reporters before departing from Morristown Municipal Airport in Morristown, N.J., Sunday, Aug. 9, 2020. Trump was returning to Washington after spending the weekend at Trump National Golf Club. (AP Photo/Susan Walsh)
August 10, 2020 - 7:31 pm
WASHINGTON (AP) — President Donald Trump’s move to defer Social Security payroll taxes could be taking him into treacherous political territory. His directive — aimed at boosting an economy shaken by the coronavirus pandemic — doesn’t affect retirement benefits but impacts how they're paid for...
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FILE- In this April 25, 2020 file photo, New Jersey Gov. Phil Murphy speaks during his daily press briefing at the the War Memorial in Trenton, N.J. Murphy signed legislation on Thursday, July 16, 2020, authorizing nearly $10 billion in debt to plug budget holes brought on by the coronavirus pandemic, but Republicans sued him, arguing the bill runs afoul of the state constitution. (Chris Pedota/The Record via AP, File)
August 10, 2020 - 4:38 pm
State and local government officials across the U.S. have been on edge for months about how to keep basic services running while covering rising costs related to the coronavirus outbreak as tax revenue plummeted. It’s now clear that anxiety will last a lot longer. Congressional talks over another...
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House Speaker Nancy Pelosi of Calif., left, speaks as she stands next to Senate Minority Leader Sen. Chuck Schumer of N.Y., right, on Capitol Hill in Washington, Monday, Aug. 3, 2020. Schumer and Pelosi met earlier with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows as they continue to negotiate a coronavirus relief package. (AP Photo/Susan Walsh)
August 04, 2020 - 1:44 pm
WASHINGTON (AP) — A key Senate Republican said Tuesday that he supports an increase in the food stamp benefit as part of a huge coronavirus relief bill, adding that an agreement on that issue could lead to further overall progress on the legislation, which remains stalled despite days of Capitol...
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File-This Thursday, June 6, 2019, photo shows the U.S. Treasury Department building at dusk, in Washington. The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time high of $2.75 trillion in this year's second quarter. Treasury officials announced Monday, Aug. 3, 2020, that the government also plans to borrow $1.22 trillion in the October-December period. (AP Photo/Patrick Semansky, File)
August 03, 2020 - 3:49 pm
WASHINGTON (AP) — The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time high of $2.75 trillion in this year's second quarter. Treasury officials also announced Monday that...
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FILE - In this June 25, 2020, file photo Rep. Karen Bass, D-Calif., speaks during a news conference on the House East Front Steps on Capitol Hill in Washington ahead of the House vote on the George Floyd Justice in Policing Act of 2020. California Congresswoman Bass has emerged a leading contender to be Democrats' vice presidential candidate. Allies say her reputation as a bridge-builder would make her a strong partner to presumptive Democratic presidential nominee. (AP Photo/Carolyn Kaster, File)
July 31, 2020 - 7:52 am
SACRAMENTO, Calif. (AP) — California's leaders were deadlocked and on the verge of financial catastrophe in 2008. Five negotiators, including Republican Gov. Arnold Schwarzenegger, couldn't agree on a budget that would guide the nation's most populous state through the Great Recession. Enter Karen...
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President Donald Trump, Treasury Secretary Steven Mnuchin, White House Chief of Staff Mark Meadows talk before Trump speaks with reporters on the South Lawn of the White House, Wednesday, July 29, 2020, in Washington. Trump is en route to Texas. (AP Photo/Alex Brandon)
July 29, 2020 - 6:57 pm
WASHINGTON (AP) — President Donald Trump on Wednesday dismissed Democratic demands for aid to cash-strapped cities in a new coronavirus relief package and lashed out at Republican allies as talks stalemated over assistance for millions of Americans. Another lawmaker tested positive for the virus...
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FILE - In this Tuesday, Nov. 2, 2004, file photo, Indiana Gov. Joe Kernan acknowledges the applause of supporters as he concedes to Republican challenger Mitch Daniels in the race for governor in Indianapolis. Kernan has died at age 74. His governor's office chief of staff says Kernan died early Wednesday, July 29, 2020 at a South Bend health care facility. (AP Photo/Michael Conroy, File)
July 29, 2020 - 8:39 am
INDIANAPOLIS (AP) — Former Indiana Gov. Joe Kernan, a Vietnam prisoner of war who entered politics and was thrust into the state’s top office when his predecessor suffered a deadly stroke, died Wednesday at age 74. Kernan died at a South Bend health care facility, said Mary Downes, who was his...
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Robin Garcia sits at a laptop to walk a parent through the process of registering their kids for classes at Ector County Independent School District's first day of their Registration Roadshow Monday, July 27, 2020. Classes start Aug. 12 for ECISD in Odessa Texas, and registration is required for all students whether they are sending their kids to campus or staying at home for remote learning. (Ben Powell/Odessa American via AP)
July 27, 2020 - 6:14 pm
AUSTIN, Texas — Texas has reported an increase of nearly 700 additional deaths from the COVID-19 virus due to a change in how the state collects fatality data, representing a grim surge in the state’s fight against the coronavirus pandemic. The new figures released Monday show the state now with 5,...
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FILE - In this April 16, 2020, file photo, a customer puts gold bars on basket for sell to a gold shop in Bangkok, Thailand. The price of gold surged more than $30 on Monday, July 27, 2020 to over $1,926 per ounce as investors step up buying of the precious metal often sought in times of uncertainty. Gold was trading at $1,926.20 by early afternoon in Asia, up 1.5%, after surging over the weekend. (AP Photo/Sakchai Lalit, File)
July 27, 2020 - 5:16 pm
Wall Street is in the throes of a gold rush, as investors drive the price of the precious metal to new heights. Gold has been the best investment of the year so far. The price of the precious metal has climbed nearly 27% this year, more than triple the return of the largest U.S. bond funds and...
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