Latest National budgets News

Olympic officials reassure sports federations about cuts

May. 23, 2019 9:09 AM EDT

TOKYO (AP) — An Olympic official made a guarantee Thursday that will please the heads of world sports federations who are concerned that Tokyo Games organizers might be cutting things they see as "decoration" but federations view as "essential." Many federations fear what happened at the 2016 Rio de...

Research on children's health risks in doubt over EPA funds

May. 22, 2019 7:59 AM EDT

WASHINGTON (AP) — Long-running research projects credited with pivotal discoveries about the harm that pesticides, air pollution and other hazards pose to children are in jeopardy or shutting down because the Environmental Protection Agency will not commit to their continued funding, researchers say. The...

Congressional leaders make progress on debt, spending talks

May. 21, 2019 9:06 PM EDT

WASHINGTON (AP) — Top leaders of both parties in Congress made progress Tuesday on two must-do items on the legislative agenda: averting automatic budget cuts and meeting a deadline later this year to increase the government's borrowing limit. But after a flurry of optimism at midday, a deal proved elusive...

'Medicare for All's' rich benefits 'leapfrog' other nations

May. 21, 2019 11:38 AM EDT

WASHINGTON (AP) — The "Medicare for All" plan embraced by leading 2020 Democrats appears more lavish than what other advanced countries offer, compounding the cost but also potentially broadening its popular appeal. The plan from Vermont Sen. Bernie Sanders would charge no copays or deductibles for medical...

Millennial Money: If 'budget' bums you out, try renaming it

May. 21, 2019 11:08 AM EDT

Webster's New World dictionary defines budget as: "a plan or schedule adjusting expenses during a certain period to the estimated or fixed income for that period." If that doesn't sound fun, I don't know what does. (I'm kidding. It sounds terrible.) By definition alone, budgeting sounds like a chore. So it's no...

Lebanese budget protesters clash with security in Beirut

May. 20, 2019 11:56 AM EDT

BEIRUT (AP) — Security forces opened water cannons on Lebanese anti-austerity protesters in the country's capital on Monday, as the government continued to hold marathon meetings to discuss severe budget cuts. Lebanon faces a looming fiscal crisis as the economy struggles with soaring debt, rising...

Pelosi to meet Mnuchin in hopes of deals on debt, spending

May. 17, 2019 1:28 PM EDT

WASHINGTON (AP) — House Speaker Nancy Pelosi and other congressional leaders have arranged to meet with Treasury Secretary Steven Mnuchin and acting White House chief of staff Mick Mulvaney next week to explore an agreement to increase the government's borrowing cap as well as legislation to stave off a...

Austrian leader: EU needs new treaty to enforce its rules

May. 17, 2019 11:29 AM EDT

BERLIN (AP) — Austrian Chancellor Sebastian Kurz says the European Union needs a new treaty that would ensure punishment for countries that break its rules. Kurz made his call in an op-ed Friday for Germany's daily Frankfurter Allgemeine Zeitung. The conservative Kurz, who has led Austria in a coalition...

Trump faces backlash over plan to dip into Pell reserves

May. 14, 2019 6:43 PM EDT

Education advocates say a Trump administration plan to use federal Pell Grant money to fund space exploration would jeopardize aid for future college students and could trigger a budgeting crisis within just a few years. The plan aims to redirect $1.9 billion from a Pell Grant surplus to jumpstart other projects,...

NASA: Budget boost 'good start' to put astronauts on moon

May. 14, 2019 4:18 PM EDT

CAPE CANAVERAL, Fla. (AP) — NASA's chief said Tuesday that the Trump administration's proposed $1.6 billion budget boost is a "good start" for getting astronauts back on the moon within five years. Administrator Jim Bridenstine addressed employees a day after the White House introduced the budget...