National budgets

German Chancellor Angela Merkel attends the meeting of the Federal Cabinet in the Federal Chancellery in Berlin, Germany, Wednesday, Sept. 23, 2020. (Kay Nietfeld/dpa via AP)
September 23, 2020 - 6:15 am
Germany's Cabinet on Wednesday approved a 2021 budget that foresees significant borrowing for the second consecutive year as Europe's biggest economy tries to lessen the fallout of the coronavirus crisis. The budget plan calls for spending of 413.4 billion euros ($485 billion) next year, down from...
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Resplendent in orange suit, tie and shoes and a black hat with gold bow and protected by a homemade "corona bumper" decorated with a model carriage, Johan Vlemmix, center, stands in front of Royal Palace Noordeinde, in The Hague, Netherlands, Tuesday, Sept. 15, 2020. Vlemmix drove three hours to get to The Hague, as he has done every budget day for more than 20 years, to watch King Willem-Alexander and Queen Maxima appear on the palace balcony, rear. The balcony appearance of the king and queen has been cancelled due to COVID-19 related measures. "It's surreal," he said. "You see the red carpet has been rolled out, the king has arrived and there's nobody here. I've never experienced this. (AP Photo/Mike Corder)
September 15, 2020 - 5:15 am
THE HAGUE, Netherlands (AP) — The Dutch government is unveiling its annual budget plans Tuesday, providing an indication of how one of Western Europe’s most prosperous nations foresees the ongoing economic impact of the coronavirus pandemic. The budget announcement comes a day after the...
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FILE - In this April 29, 2020 file photo, a man wearing a mask to protect against coronavirus, waits to cross the street as a digital sign displays groups of people walking above another sign displaying the size of the national debt along an empty K Street in Washington. The U.S. budget deficit hit an all-time high of $3 trillion for the first 11 months of this budget year, the Treasury Department said Friday, Sept. 11. (AP Photo/Andrew Harnik, File)
September 11, 2020 - 6:55 pm
WASHINGTON (AP) — The U.S. budget deficit hit an all-time high of $3 trillion for the first 11 months of this budget year, the Treasury Department said Friday. The ocean of red ink is a product of the government's massive spending to try to cushion the impact of a coronavirus-fueled recession that...
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A beam of light is seen over the Pentagon, as part of the Towers of Light Tribute marking the 19th anniversary of the 9/11 attack on the Pentagon, Wednesday, Sept. 9, 2020, in Washington. (AP Photo/Jose Luis Magana)
September 10, 2020 - 6:10 pm
WASHINGTON (AP) — The Defense Department is rescinding its order to shut down the military’s independent newspaper, Stars and Stripes, in the wake of a tweet late last week by President Donald Trump vowing to continue funding the paper. In an email to Stripes’ publisher Max Lederer, Army Col. Paul...
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President Donald Trump speaks during a signing ceremony with Serbian President Aleksandar Vucic and Kosovar Prime Minister Avdullah Hoti, in the Oval Office of the White House, Friday, Sept. 4, 2020, in Washington. (AP Photo/Evan Vucci)
September 04, 2020 - 11:09 pm
WASHINGTON (AP) — President Donald Trump said Friday that he won't allow the Pentagon to cut funding for the military's independent newspaper, Stars and Stripes, effectively halting Defense leaders' plan to shut the paper down this month. “The United States of America will NOT be cutting funding to...
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FILE - In this Aug. 3, 2020, file photo dark clouds and heavy rain sweep over the U.S. Capitol in Washington. The federal budget deficit is projected to hit a record $3.3 trillion as huge government expenditures to fight the coronavirus and to prop up the economy have added more than $2 trillion to the federal ledger, the Congressional Budget Office said Wednesday, Sept. 2. (AP Photo/J. Scott Applewhite, File)
September 03, 2020 - 12:12 am
WASHINGTON (AP) — The federal budget deficit is projected to hit a record $3.3 trillion as huge government expenditures to fight the coronavirus and to prop up the economy have added more than $2 trillion to the federal ledger, the Congressional Budget Office said. The spike in the deficit means...
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Treasury Secretary Steven Mnuchin is sworn in before the House Select Subcommittee on the Coronavirus Crisis during a hybrid hearing, Tuesday, Sept. 1, 2020, on Capitol Hill in Washington (Nicholas Kamm/Pool via AP)
September 02, 2020 - 3:14 pm
WASHINGTON (AP) — The federal budget deficit is projected to hit a record $3.3 trillion as huge government expeditures to fight the coronavirus and to prop up the economy have added more than $2 trillion to the federal ledger, the Congressional Budget Office said Wednesday. That’s more than triple...
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FILE - In this May 14, 2020 file photo, signs depict Israeli Prime Minister Benjamin Netanyahu and Blue and White party leader Benny Gantz, during a demonstration outside the Knesset, Israel's parliament in Jerusalem. Netanyahu faces a midnight deadline Monday, Aug. 24, 2020, to work out a budget deal with Gantz, his main rival or plunge the country into a fourth election in under two years. While the budget battle is the immediate cause of the crisis, Monday’s showdown is rooted in the power-sharing arrangement between Netanyahu and Gantz. Hebrew reads: "Israel is ashamed." (AP Photo/Sebastian Scheiner, File)
August 23, 2020 - 4:02 pm
JERUSALEM (AP) — Israeli Prime Minister Benjamin Netanyahu announced Sunday that he had accepted a proposal to extend budget negotiations, preventing the government from collapsing and plunging the country into a new election. In a nationally televised address, Netanyahu said that now was not the...
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FILE - In this July 16, 2019, file photo an American flag flies on the Capitol Dome in Washington. The U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year, exceeding any on record, the Treasury Department said Wednesday, Aug. 12, 2020. (AP Photo/Carolyn Kaster, File)
August 12, 2020 - 5:24 pm
SILVER SPRING, Md. (AP) — The U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year, exceeding any on record, the Treasury Department said Wednesday. The nation's budgetary shortfall is expected to eventually reach levels for the fiscal year that ends Sept. 30 more...
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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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