Latest National budgets News

Walz, legislative leaders reach $52 billion budget deal

May. 17, 2021 16:53 PM EDT

ST. PAUL, Minn. (AP) — The leaders of the Minnesota Legislature and Democratic Gov. Tim Walz announced a $52 billion deal for the state's next two-year budget on Monday, but lawmakers will have to finish the work next month and difficult negotiations still lie ahead on police accountability...

Refugees arriving in US unlikely to exceed cap set by Trump

May. 16, 2021 07:58 AM EDT

SAN DIEGO (AP) — President Joe Biden, under political pressure, agreed to admit four times as many refugees this budget year as his predecessor did, but resettlement agencies concede the number actually allowed into the U.S. will be closer to the record-low cap of 15,000 set by former...

With most work done, NC legislative deadline passes quietly

May. 13, 2021 15:37 PM EDT

RALEIGH, N.C. (AP) — A North Carolina General Assembly parliamentary deadline designed to pare down what bills will be considered through 2022 passed quietly Thursday without the last-day clamor of previous biennial sessions. The Senate debated and voted on fewer than...

South Carolina lawmakers end formal session, to return soon

May. 13, 2021 15:14 PM EDT

COLUMBIA, S.C. (AP) — South Carolina's Legislature is ending its regular session on Thursday, ceremonially wrapping up its duties but expecting at least several returns later in the year to handle more work, including how to spend federal funding related to the coronavirus pandemic. ...

AG, company sign settlement agreement on hearing aid claims

May. 13, 2021 00:08 AM EDT

PHOENIX (AP) — An agreement between an Arizona company and the state Attorney General's office calls for the business to stop misleading consumers by falsely claiming that its over-the-counter hearing aids were approved by federal regulators. The signed agreement...

US budget deficit hits record $1.9 trillion so far this year

May. 12, 2021 15:28 PM EDT

WASHINGTON (AP) — The U.S. budget deficit surged to a record of $1.9 trillion for the first seven months of this budget year, bloated by the billions of dollars being spent in coronavirus relief packages. The shortfall so far this year is 30.3% higher than the $1.48...

Australia plans big defense and security investments

May. 11, 2021 06:24 AM EDT

CANBERRA, Australia (AP) — The Australian government released a big-spending economic plan for the next fiscal year on Tuesday that includes hefty investments in defense and national security as relations with China worsen. The government plans to spend 270 billion...

Australia to reveal big-spending plan for next fiscal year

May. 11, 2021 02:25 AM EDT

CANBERRA, Australia (AP) — The Australian government will release its big-spending economic plan for the next fiscal year on Tuesday designed to create jobs and repair pandemic damage and with an eye toward winning votes at looming general elections. Treasurer Josh...

Alaska House passes budget; dividend amount unsettled

May. 11, 2021 00:03 AM EDT

JUNEAU, Alaska (AP) — The Alaska House passed a version of the state operating budget Monday that leaves for later debate over how much to pay residents from the state's oil-wealth fund for this year's dividend. Time to resolve that debate is running out in the current...

Kansas lawmakers pass funding hike, school 'choice' proposal

May. 07, 2021 21:17 PM EDT

TOPEKA, Kan. (AP) — Kansas legislators on Friday easily approved a bipartisan measure boosting education spending to what was touted as full funding for public schools while also making more students eligible for private school scholarships. The Republican-controlled...