Latest Government spending News

Abe becomes Japan’s longest-serving prime minister

Nov. 20, 2019 6:24 AM EST

TOKYO (AP) — Prime Minister Shinzo Abe made history Wednesday by becoming Japan’s longest-serving political leader, though he hasn’t achieved his biggest goal of revising the nation’s pacifist constitution. Abe marked his 2,887th day in office, surpassing Taro Katsura from the early...

House passes short-term spending measure as talks falter

Nov. 19, 2019 3:57 PM EST

WASHINGTON (AP) — The House passed a short-term spending bill Tuesday that would keep federal agencies running for another month in hopes the additional time will help negotiators wrap up more than $1.4 trillion in unfinished appropriations bills. The bill would avert a Thanksgiving government shutdown but...

Iraq’s protests raise question: Where does the oil money go?

Nov. 14, 2019 7:07 AM EST

BAGHDAD (AP) — Waves of violent protests have engulfed Baghdad and Iraq’s southern provinces, with demonstrators chanting for the downfall of a political establishment that they say doesn’t prioritize them. Fueling the unrest is anger over an economy flush with oil money that has failed to...

Japan’s economy slows, logging 0.2% annual expansion in 3Q

Nov. 13, 2019 11:44 PM EST

TOKYO (AP) — Japan’s economy grew at a modest annual pace of 0.2% in July-September, supported by consumer purchases ahead of a tax hike, the government said Thursday. It was the fourth straight quarter of expansion for the world’s third largest economy, but well below analysts’...

UK avoids recession but economy growing at near decade lows

Nov. 11, 2019 7:45 AM EST

LONDON (AP) — The British economy avoided falling into recession in the third quarter of the year, but annual growth is running at a near-decade low rate as a result of ongoing uncertainty related to Britain's departure from the European Union and a subdued global backdrop, official figures showed Monday....

UK parties attack rival spending plans in election feud

Nov. 10, 2019 9:11 AM EST

LONDON (AP) — Britain's biggest political parties traded allegations of financial recklessness on Sunday as they vied to win voters' trust on the economy ahead of the country's Dec. 12 election. The main opposition Labour Party accused the governing Conservatives of spreading fake news with an eye-catching...

Election official rejects effort to recall Alaska governor

Nov. 4, 2019 8:22 PM EST

JUNEAU, Alaska (AP) — Supporters of an effort to recall Alaska Gov. Mike Dunleavy vowed to take their fight to court after an election official on Monday rejected their bid to move forward with seeking to oust him from office. Division of Elections Director Gail Fenumiai said she based her decision on...

Report: New Mexico lacks tools to track government spending

Nov. 1, 2019 4:24 PM EDT

ALBUQUERQUE, N.M. (AP) — New Mexico likely isn't getting the best bang for its buck since it lacks the personnel and technology needed to adequately track nearly $2 billion in government spending. Legislative analysts have found that some state agencies are unnecessarily buying high-end vehicles, laptops,...

US economy grows at modest 1.9% rate in third quarter

Oct. 30, 2019 4:43 PM EDT

WASHINGTON (AP) — The U.S. economy slowed to a modest growth rate of 1.9% in the summer as consumer spending downshifted and businesses continued to trim their investments in response to trade war uncertainty and a weakening global economy. The Commerce Department reported Wednesday that the July-September...

Indiana to consider creating a government corruption hotline

Oct. 27, 2019 10:53 AM EDT

INDIANAPOLIS (AP) — Indiana residents soon could have a hotline for reporting improper or illegal spending and other suspected corruption by local government officials, if lawmakers approve a proposal being drafted by a legislative committee. Sen. Victoria Spartz said Indiana taxpayers have no clear place...