Latest Government spending News

UK voters warm to new leader Sunak, but not to his party

Nov. 25, 2022 02:22 AM EST

LONDON (AP) — Rishi Sunak has been Britain’s prime minister for a month. In the tumultuous world of U.K. politics in 2022, that’s an achievement. Sunak, who took office a month ago Friday on Oct. 25, has steadied the nation after the brief term of predecessor Liz Truss....

UK push to restore finances means higher taxes, energy bills

Nov. 17, 2022 12:08 PM EST

LONDON (AP) — Millions of people across Britain face higher taxes and energy bills after the government on Thursday announced an emergency budget focused on restoring the country’s financial credibility and bolstering an economy battered by soaring inflation. Treasury chief...

Kansas GOP pins Democratic governor's win on lawmaker's run

Nov. 16, 2022 16:23 PM EST

TOPEKA, Kan. (AP) — A state senator many Republicans see as the spoiler in the Kansas governor’s race has a long history of irritating GOP leaders, once even daring colleagues to smell a jar of catfish stink bait he’d brought to a tax debate. More recently during a...

Documents show big foreign gov't spending at Trump hotel

Nov. 15, 2022 14:20 PM EST

NEW YORK (AP) — The Trump hotel in Washington took in more than $750,000 from six foreign governments at sensitive moments in their U.S. relations, with guests spending as much as $10,000 per room a night, according to documents from the Trump family company's former accountants released Monday...

Britain's vulnerable await PM's spending plans with anxiety

Nov. 15, 2022 02:44 AM EST

LONDON (AP) — Thirugnanam Sureshan maneuvers his wheelchair into the tiny kitchen of his one-bedroom apartment, flips the switch on an electric kettle and brews a mug of instant coffee. It’s his second hot drink of the day, and it will be his last. The humble countertop kettle...

UK’s self-billed 'Scrooge' promises tax rises, spending cuts

Nov. 13, 2022 11:44 AM EST

LONDON (AP) — Britain’s Treasury chief warned Sunday of a coming spending crunch and tax increases for cash-strapped Britons as he bids to fill the “black hole” in the country’s finances. Billing himself as a “Scrooge” figure ahead of Thursday’s Autumn Statement, when...

Golden, Poliquin battle it out for swing House seat in Maine

Nov. 09, 2022 01:16 AM EST

LEWISTON, Maine (AP) — Two-term incumbent Rep. Jared Golden sought to beat back a challenge in Maine from a former congressman in one of the most closely watched U.S. House races. Golden, a moderate Democrat who touts guns rights and protection of rural jobs, hoped...

Republican hog farmer Jim Pillen elected Nebraska governor

Nov. 09, 2022 00:30 AM EST

OMAHA, Neb. (AP) — Republican businessman Jim Pillen was elected Nebraska’s next governor on Tuesday by defeating Democratic state Sen. Carol Blood to extend the GOP’s 24-year string of success in the conservative state. Nebraska hasn’t elected a Democrat as governor since...

Brazil’s da Silva forms mixed economics team for transition

Nov. 08, 2022 19:13 PM EST

BRASILIA, Brazil (AP) — President-elect Luiz Inácio Lula da Silva’s transition added a team of economists Tuesday that includes at least two members likely to allay market worries about potential business and financial policies the incoming leftist leader might be considering. ...

Democrats, tech leaders fund PAC to boost McMullin in Utah

Oct. 31, 2022 21:06 PM EDT

SALT LAKE CITY (AP) — Tech leaders and Democratic Party-aligned groups are among those funneling millions into Utah to support independent Evan McMullin’s bid to unseat Republican Sen. Mike Lee. The race has been inundated with outside spending, with super PACs unaffiliated with...