Latest Government budgets News

Missouri House committee moves to end corporate income taxes

Sep. 28, 2022 20:41 PM EDT

COLUMBIA, Mo. (AP) — The powerful Missouri House Budget Committee on Wednesday voted to phase out corporate income taxes. Budget Chairman Cody Smith tacked the provision onto a key, Senate-approved bill to cut individual income taxes, the main focus of a special legislative...

Noem speaks out on grocery tax, promises to repeal it

Sep. 28, 2022 15:02 PM EDT

SIOUX FALLS, S.D. (AP) — South Dakota Gov. Kristi Noem made a campaign promise Wednesday to repeal the state's tax on groceries, changing course to lend outspoken support to a bipartisan proposal she did not publicly endorse in March. The Republican governor made the announcement...

Economic storm tests UK's new leader, alarms Conservatives

Sep. 28, 2022 12:27 PM EDT

LONDON (AP) — New British Prime Minister Liz Truss came under growing pressure Wednesday from opponents — and inside her Conservative Party — to reverse announced tax cuts that are fueling a financial crisis in an already struggling economy. The Bank of England stepped in to...

Biden keeps US target for refugee admissions at 125,000

Sep. 27, 2022 21:38 PM EDT

SAN DIEGO (AP) — President Joe Biden on Tuesday kept the nation’s cap on refugee admissions at 125,000 for the 2023 budget year, despite pressure from advocates to raise it even higher to meet the need after falling far short of that target this year. Refugees advocates have...

Manchin ends pipeline push, easing path for spending bill

Sep. 27, 2022 21:14 PM EDT

WASHINGTON (AP) — Democratic Sen. Joe Manchin has abandoned, for now, his push to speed up the permitting process for energy projects, easing the Senate’s path toward passing a stopgap spending bill that would keep the federal government running when the fiscal year ends at midnight Friday. ...

President Biden keeps US cap on refugee admissions at 125,000 for the 2023 budget year

Sep. 27, 2022 19:02 PM EDT
WASHINGTON (AP) — President Biden keeps US cap on refugee admissions at 125,000 for the 2023 budget year.

AP source: Funding bill includes more than $12B on Ukraine

Sep. 26, 2022 17:37 PM EDT

WASHINGTON (AP) — More than $12 billion in Ukraine-related aid will be included as part of stopgap spending bill that would fund the federal government into mid-December, a person familiar with the legislation said Monday. The funding package, which Congress is set to consider this...

CBO: Biden's student debt plan would cost $400 billion

Sep. 26, 2022 17:30 PM EDT

President Joe Biden’s plan for student debt cancellation will cost the federal government about $400 billion over the next 30 years, according to new estimates from the Congressional Budget Office. The figures were released Monday in response to a request from Republican lawmakers...

Lebanon retirees scuffle with police; 2022 budget approved

Sep. 26, 2022 13:12 PM EDT

BEIRUT (AP) — Lebanese army retirees scuffled with parliamentary guard troops as they briefly broke through a cordon leading to Parliament in downtown Beirut during a rally Monday. They were protesting their decimated monthly pay amid the country's economic meltdown. The troops...

California governor rejects mandatory kindergarten law

Sep. 25, 2022 23:03 PM EDT

SACRAMENTO, Calif. (AP) — Beyond what they learn academically in kindergarten, students learn everyday routines: how to take care of class materials and how to be kind to their peers, according to Golden Empire Elementary School kindergarten teacher Carla Randazzo. While developing...