Latest National budgets News

White House offers budget freeze if Dems don't agree to deal

Jun. 19, 2019 8:38 PM EDT

WASHINGTON (AP) — Trump administration bargainers offered a one-year budget freeze and said Democratic spending demands remained too high as talks with congressional leaders aimed at averting deep cuts in defense and domestic programs seemed no closer to resolution Wednesday. After White House Chief of...

Senate leaders agree on measure to care for refugees

Jun. 18, 2019 7:17 PM EDT

WASHINGTON (AP) — The top Republican and Democrat on a key Senate panel have agreed on a $4.6 billion measure to house and care for immigrant refugees flocking across the U.S.-Mexico border — a long-delayed step toward averting a humanitarian tragedy at overcrowded and inadequate federal facilities...

AP Explains: Why is there a general strike in Brazil?

Jun. 14, 2019 11:40 AM EDT

RIO DE JANEIRO (AP) — Brazil kicked off a general strike Friday that is likely to paralyze major cities across Latin America's largest country. The nationwide strike is the first since the arrival of far-right President Jair Bolsonaro on Jan. 1. While most participants will be protesting against a pension...

Pelosi: No debt increase until spending limits are raised

Jun. 13, 2019 8:28 PM EDT

WASHINGTON (AP) — Speaker Nancy Pelosi said Thursday that the Democratic-controlled House won't pass must-do legislation to increase the government's borrowing cap until the Trump administration agrees to boost spending limits on domestic programs. The California Democrat said she'll agree to increase the...

May budget deficit hits record $207.8 billion

Jun. 12, 2019 2:28 PM EDT

WASHINGTON (AP) — The federal government's budget deficit in May rose to a record $207.8 billion, 41.5% higher than a year ago. Most of that increase reflected the impact of calendar quirks that shifted $55 billion in June benefit payments into May. The Treasury Department said Wednesday that the increase...

Pakistan presents budget meeting IMF conditions for bailout

Jun. 11, 2019 11:05 AM EDT

ISLAMABAD (AP) — Pakistan's finance minister has presented the new federal budget to Parliament, proposing additional taxes and increasing electricity and gas tariffs to meet IMF conditions for getting a $6 billion bailout. Hammad Azhar in Tuesday's speech also said no increase will be made in the defense...

Greek leader warns of return to 'dark days' of austerity

Jun. 6, 2019 9:23 AM EDT

ATHENS, Greece (AP) — Greece's prime minister warned his country's voters on Thursday that the choices they make in next months' early elections will determine whether Greece slips back into "the dark days" of austerity. Alexis Tsipras's left-wing Syriza party suffered a heavy defeat in May's European...

Feds: No more education, legal services for immigrant kids

Jun. 5, 2019 9:58 PM EDT

PHOENIX (AP) — The federal government has stopped paying for English-language courses and legal services at facilities that hold immigrant children around the country, imposing budget cuts it says are necessary at a time when record numbers of unaccompanied children are arriving at the border. The Health...

EU wary on budget impact of Greece's new benefits, tax cuts

Jun. 5, 2019 2:46 PM EDT

ATHENS, Greece (AP) — The European Commission has voiced concern at the impact new benefits and sales tax cuts will have on Greece's austerity commitments. Athens has promised bailout creditors high budget surpluses for years to come, so it can continue servicing its debts. But the commission said...

Senate report reveals nearly 400 troubled nursing homes

Jun. 4, 2019 12:24 AM EDT

WASHINGTON (AP) — The federal government for years has kept under wraps the names of hundreds of nursing homes around the country found by inspectors to have serious ongoing health, safety or sanitary problems. Nearly 400 facilities nationwide had a "persistent record of poor care" as of April, but they...