Latest Government spending News

EXPLAINER: How health care for vets became fight in Congress

Aug. 02, 2022 06:05 AM EDT

WASHINGTON (AP) — A bill that would enhance health care and disability benefits for millions of veterans exposed to toxic burn pits hit a snag in the Senate last week, angering advocates like comedian Jon Stewart who say help from the government is long overdue. Lawmakers have been...

Congress OKs bill to aid computer chip firms, counter China

Jul. 29, 2022 02:30 AM EDT

WASHINGTON (AP) — The House on Thursday passed a $280 billion package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with international rivals, namely China. The House approved the...

US economy shrinks for a 2nd quarter, raising recession fear

Jul. 28, 2022 15:05 PM EDT

WASHINGTON (AP) — The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession. The decline that the Commerce Department reported Thursday in the gross domestic...

Biden's global promises held back by politics at home

Jul. 24, 2022 08:48 AM EDT

WASHINGTON (AP) — Soon after taking office, President Joe Biden went to State Department headquarters to tell the rest of the world that the United States could be counted on again after four years of Donald Trump’s bull-in-the-china-shop foreign policy. “America is back,”...

With elections in sight, Brazil increases spending cap

Jul. 14, 2022 11:13 AM EDT

RIO DE JANEIRO (AP) — Millions of Brazilians — and likely the president's reelection campaign — will get a hefty boost from a measure approved by Brazil's Congress that sharply raises subsidies for the poor less than three months before presidential voting. Lawmakers voted...

Burn pits legislation nears finish line with House approval

Jul. 13, 2022 22:14 PM EDT

WASHINGTON (AP) — The House on Wednesday approved a significant expansion of health care and disability benefits for millions of veterans who were exposed to toxic burn pits while serving in Iraq and Afghanistan. The 342-88 vote all but assures the measure will soon go to President...

Cooper signs NC budget; COVID-19 emergency to end Aug. 15

Jul. 11, 2022 17:50 PM EDT

RALEIGH, N.C. (AP) — Republican-backed adjustments to North Carolina's budget were signed into law by Democratic Gov. Roy Cooper on Monday, ensuring that state workers will get slightly larger pay raises and that construction projects and state reserves will receive billions of dollars more than...

Capitol quiet during 5th day without new Pennsylvania budget

Jul. 05, 2022 18:08 PM EDT

HARRISBURG, Pa. (AP) — Most Pennsylvania lawmakers were absent from the state Capitol on Tuesday, five days into the new budget year without a state government spending agreement in place. Leaders were hoping negotiations would wrap up over the coming days and the House announced...

NC budget, immigration bills finalized as session ends

Jul. 01, 2022 23:29 PM EDT

RALEIGH, N.C. (AP) — The North Carolina General Assembly wrapped up its chief work session for the year on Friday by finalizing proposed state budget adjustments for the new fiscal year, crossing off other must-do legislation but leaving some big policy matters unresolved or thwarted. ...

Puerto Rico board approves budget as legislators quibble

Jul. 01, 2022 13:31 PM EDT

SAN JUAN, Puerto Rico (AP) — The federal control board that oversees the finances of Puerto Rico’s government approved a $12.4 billion general fund budget Thursday for the U.S. territory after legislators failed to approve one amid intense bickering. The board’s version of the...