Latest National budgets News

Congress passes spending deal, bids to avert gov't shutdown

Sep. 13, 2018 5:25 PM EDT

WASHINGTON (AP) — Moving to head off a government shutdown that neither party wants, Congress has overwhelmingly approved a compromise spending bill and pledged agreement on a short-term bill to fund the government through early December. The House on Thursday approved a $147 billion package to fund the...

The Latest: Bill sent to Trump to avoid possible shutdown

Sep. 13, 2018 4:05 PM EDT

WASHINGTON (AP) — The Latest on Congress and spending legislation (all times local): 4 p.m. Congress has approved a $147 billion package to fund the Energy Department, veterans' programs and the legislative branch. The bill is the first of three spending packages Congress hopes to pass this month to avoid...

US budget deficit hits $214.1 billion in August

Sep. 13, 2018 2:46 PM EDT

WASHINGTON (AP) — The federal government racked up a $214.1 billion deficit in August, double the red ink from a year ago, although a big part of that increase reflected quirks in the calendar. The Treasury Department said Thursday the August deficit pushed the deficit for the first 11 months of the budget...

Brazilians see metaphor for their struggles in museum fire

Sep. 3, 2018 7:12 PM EDT

RIO DE JANEIRO (AP) — Firefighters dug through the burned-out hulk of Brazil's National Museum on Monday, a day after flames gutted the building, as the country mourned the irreplaceable treasures lost and pointed fingers over who was to blame. The museum held Latin America's largest collection of...

US ends funding of UN agency for Palestinian refugees

Sep. 1, 2018 1:17 AM EDT

WASHINGTON (AP) — The United States is ending its decades of funding for the U.N. agency that helps Palestinian refugees, the State Department announced Friday, a week after slashing bilateral U.S. aid for projects in the West Bank and Gaza. The U.S. supplies nearly 30 percent of the total budget of the...

The Latest: US cuts funding in aid for Palestinian refugees

Aug. 31, 2018 4:11 PM EDT

WASHINGTON (AP) — The Latest on U.S. plans to cut funding for the U.N. Palestinian refugee agency (all times local): 4:05 p.m. The Trump administration is cutting nearly $300 million in planned funding for the U.N. agency that helps Palestinian refugees, ending decades of support. The State Department...

Japan would boost missile defenses in record military budget

Aug. 31, 2018 3:15 AM EDT

TOKYO (AP) — Japan's Defense Ministry is seeking to more than double spending on missile defense, including purchases of costly American arsenals, to defend against North Korean threats. The record-high 5.3 trillion yen ($47 billion) request for fiscal 2019, approved Friday by the ministry, is up 2.1...

Trump cancels pay raise due to federal workers in January

Aug. 30, 2018 9:30 PM EDT

WASHINGTON (AP) — President Donald Trump is canceling pay raises due in January for most civilian federal employees, he informed Congress on Thursday, citing budget constraints. But the workers still could see a slightly smaller boost in their pay under a proposal lawmakers are considering. Trump said he...

Gaza children open school year amid major budget UN crunch

Aug. 29, 2018 6:14 AM EDT

GAZA CITY, Gaza Strip (AP) — Hundreds of thousands of Palestinian children are starting their school year in the Gaza Strip amid a major budget crunch for the United Nations agency that funds many of the schools. The new year opened Wednesday as the U.N. refugee agency, or UNRWA, warns its available funds...

France lowers its growth forecast for 2019 to 1.7 percent

Aug. 26, 2018 9:27 AM EDT

PARIS (AP) — The French government has lowered its economic growth forecast for next year to 1.7 percent and unveiled plans to cut public spending in an effort to stay in line with European Union budget commitments. In an interview Sunday with Le Journal du Dimanche, Prime Minister Edouard Philippe said...