Sovereign debt

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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Protesters chant slogans in front of Riot police cordon outside a hotel where bailout inspectors were due to resume talks with the Greek government in Athens, on Monday, May 1, 2017. Several thousand protesters have gathered outside Greece's parliament as May Day rallies kicked off around the country, and unions braced for more austerity measures imposed by bailout lenders. (AP Photo/Thanassis Stavrakis)
May 02, 2017 - 4:39 am
ATHENS, Greece (AP) — Greece and its creditors have reached a deal that will restart bailout loan payments and keep the country from facing default and reigniting a eurozone crisis this summer, officials said Tuesday. Following months of tough negotiations, the sides agreed that Greece should make...
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Treasury Secretary Steven Mnuchin, right, 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 27, 2017 - 7:40 am
WASHINGTON (AP) — President Donald Trump's plan to overhaul the U.S. tax code leaves much of the heavy lifting to Congress, while ignoring years of hard work by the guy who will have to do a lot of that lifting: House Speaker Paul Ryan. The one-page proposal outlined by the Trump administration...
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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 26, 2017 - 11:41 am
WASHINGTON (AP) — 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. The White House on Wednesday was to release broad outlines of...
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FILE - This April 13, 2014, file photo shows the Internal Revenue Service (IRS) headquarters building in Washington. President Donald Trump’s plan to provide massive tax breaks to corporations faces big challenges as Washington struggles with mounting debt and the populist president tries to make good on promises to bring jobs and prosperity to the middle class. (AP Photo/J. David Ake, File)
April 26, 2017 - 9:23 am
WASHINGTON (AP) — President Donald Trump is proposing "the biggest tax cut" ever even as the government struggles with mounting debt, in an effort to fulfill promises of bringing jobs and prosperity to the middle class. White House officials on Wednesday were to release broad outlines of a tax...
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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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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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Eurozone chairman Jeroen Dijsselbloem speaks at a press conference following a meeting of European finance ministers, in Valletta, Malta, Friday, April 7, 2017. Greece and its international creditors took a big step Friday toward an agreement that will ensure the cash-strapped country gets the money it needs in time to avoid a potential bankruptcy this summer. (AP Photo/Rene Rossignaud)
April 07, 2017 - 8:57 am
BRUSSELS (AP) — Greece and its international creditors took a big step Friday toward an agreement that will ensure the country gets the money it needs to avoid a potential bankruptcy this summer but which could spell more pain for austerity-weary Greeks. For months, the bailout discussions have...
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Eurozone chairman Jeroen Dijsselbloem, center, speaks with Luxembourg Finance Minister Pierre Gramegna, left, and French Finance Minister Michel Sapin at a meeting of European finance ministers, in Valletta, Malta, Friday, April 7, 2017. Dusselbloem said Friday that he was "in a positive mood" about a breakthrough in Greece's difficult bailout talks, but stressed an overall political deal could not be reached at Friday's meeting of finance ministers using the shared currency. (AP Photo/Rene Rossignaud)
April 07, 2017 - 7:21 am
BRUSSELS (AP) — Greece and its international creditors took a big step Friday toward an agreement that will ensure the cash-strapped country gets the money it needs in time to avoid a potential bankruptcy this summer. For months, the bailout discussions have stalled amid disagreements over what...
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Eurozone chairman Jeroen Dijsselbloem, center, speaks with Luxembourg Finance Minister Pierre Gramegna, left, and French Finance Minister Michel Sapin at a meeting of European finance ministers, in Valletta, Malta, Friday, April 7, 2017. Dusselbloem said Friday that he was "in a positive mood" about a breakthrough in Greece's difficult bailout talks, but stressed an overall political deal could not be reached at Friday's meeting of finance ministers using the shared currency. (AP Photo/Rene Rossignaud)
April 07, 2017 - 6:41 am
BRUSSELS (AP) — The eurozone's top official says "significant progress" has been made between Greece and its creditors over the release of bailout loans that will ensure the country avoids going bankrupt this summer. "The big blocks have now been sorted out and that should allow us to speed up and...
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