Government budgets

FILE - In this Tuesday, March 24, 2020 file photo, Gov. Andrew Cuomo speaks during a news conference against a backdrop of medical supplies at the Jacob Javits Center that will house a temporary hospital in response to the COVID-19 outbreak in New York. Cuomo, a Democrat, ripped the GOP-led Senate's version of the coronavirus package as "terrible" for New York and said, based on preliminary reports, that it would send the state some $4 billion in direct aid. (AP Photo/John Minchillo)
March 27, 2020 - 1:01 am
The coronavirus is pounding state governments with a financial one-two punch, costing them many millions to try to contain the disease just as businesses are shutting down and tax revenue is collapsing. The sharp drop in revenue could jeopardize some states' ability to provide basic services...
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Minister of Health Patty Hajdu looks on as Prime Minister Justin Trudeau speaks during a news conference in Ottawa, Wednesday March 11, 2020. Canada is announcing $1 billion ($730 million) in funding to help health-care workers cope with the increasing number of new cases of coronavirus and to help Canadian workers who are forced to isolate themselves. (Adrian Wyld/The Canadian Press via AP)
March 13, 2020 - 11:28 am
TORONTO (AP) — Canada's Parliament agreed Friday to shut down for more than a month while Prime Minister Justin Trudeau governed remotely from his home, in self-imposed quarantine after his wife tested positive for the new coronavirus Canada's House of Commons voted to shut down for at least five...
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A Thai investor checks an electronic board showing stock prices at Asia Plus Securities, a private stock trading floor, in Bangkok, Thailand, Friday, March 13, 2020. Shares plunged in Asia on Friday, with benchmarks in Japan, Thailand and India sinking as much as 10% after Wall Street suffered its biggest drop since the Black Monday crash of 1987. (AP Photo/Sakchai Lalit)
March 13, 2020 - 8:56 am
The Latest on financial markets: The European Commission says it will set up a 37 billion-euro ($41 billion) investment fund and allow “maximum flexibility” on state aid and fiscal rules to help member states weather the economic hit by the coronavirus outbreak. European Commission president Ursula...
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The Missouri Senate chamber sits empty on Thursday, March 12, 2020, in Jefferson City, Missouri, after senators adjourned for the day and announced they would not reconvene in a full session until at least March 30 because of concerns over the new coronavirus. Officials in state capitols across the country have been announcing new precautions intended to guard against the spread of the disease. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (Photo by David A. Lieb)
March 12, 2020 - 6:54 pm
JEFFERSON CITY, Mo. (AP) — Mounting concerns about the coronarvirus spread to state capitols across the country Thursday, as some lawmakers halted their sessions, shut out the public and scrambled to finish work on essential spending bills to keep government going. Even in states with few confirmed...
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A pedestrian wearing face masks walk past the Bank of England in London, Wednesday, March 11, 2020. Britain's Chancellor of the Exchequer Rishi Sunak will announce the first budget since Britain left the European Union. (AP Photo/Matt Dunham)
March 11, 2020 - 6:40 am
LONDON (AP) — The Bank of England slashed its key interest rate by half a percentage point to 0.25% on Wednesday, as part of an emergency package of measures to cushion the “economic shock" of the coronavirus outbreak. The central bank said the move would “help support businesses and consumer...
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European Central Bank President Christine Lagarde talks to German Finance Minister Olaf Scholz during a meeting of European Union Finance Ministers in Eurogroup format at the Justus Lipsius building in Brussels, Monday, Feb. 17, 2020. (AP Photo/Francisco Seco)
March 11, 2020 - 1:00 am
FRANKFURT, Germany (AP) — Suddenly staring recession in the face, European leaders are lining up an array of tax breaks, financial support for companies and likely central bank measures in the hope of preventing the coronavirus outbreak from dealing long-term damage to the economy. Expectations...
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House Speaker Del. Eileen Filler-Corn, D-Fairfax, center, speaks to Sen. Tommy Norment, R-James City County, left, as Del. Luke Torian, D-Prince William, second from left, House minority leader Del Todd Gilbert, R-Shenandoah, and House majority leader, Del. Charniele Herring, D- Alexandria, look on in the entrance to the Senate at the Capitol Saturday March 7, 2020, in Richmond, Va. Both chambers agreed to extending the session to accommodate the budget and conference committee reports. (AP Photo/Steve Helber)
March 08, 2020 - 6:26 pm
RICHMOND, Va. (AP) — Democratic legislators in Virginia have dramatically reshaped the state in two months, sweeping aside many of the state’s old business-friendly and socially conservative laws and replacing them with a broad, progressive policy agenda. Lawmakers wrapped up this year's session...
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Democratic presidential candidate former Vice President Joe Biden points as reporters ask questions Wednesday, March 4, 2020, in Los Angeles. (AP Photo/Marcio Jose Sanchez)
March 06, 2020 - 10:48 pm
ATLANTA (AP) — Joe Biden’s presidential campaign is plowing $12 million into a six-state ad buy ahead of the March 10 and March 17 primaries, his largest single advertising effort of the 2020 campaign and a demonstration of his resurgent campaign’s new financial footing. The former vice president...
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Secretary of Health and Human Services Alex Azar listens as President Donald Trump talks to reporters during a signing of a spending bill to combat the coronavirus, at the White House, Friday, March 6, 2020, in Washington. (AP Photo/Evan Vucci)
March 06, 2020 - 5:11 pm
SEOUL, South Korea (AP) — The Latest on the virus outbreak (all times local to Seoul): 5:10 a.m. Authorities in France and Spain are reinforcing efforts to slow the spread of the new coronavirus among vulnerable populations. French Prime Minister Edouard Philippe announced Friday that all nurseries...
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Prince Abdulaziz bin Salman Al-Saud, Minister of Energy of Saudi Arabia, arrives for a meeting of the Organization of the Petroleum Exporting Countries, OPEC, and non OPEC members at their headquarters in Vienna, Austria, Friday, March 6, 2020. (AP Photo/Ronald Zak)
March 06, 2020 - 2:19 pm
VIENNA (AP) — OPEC and key ally Russia failed to agree Friday on a cut to oil production that would have contained the plunge in the price of crude caused by the new coronavirus outbreak's massive disruption to world business. The price of oil fell sharply in international markets as a result, with...
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