Latest Government spending News

Visitors trickle into the New Mexico state Capitol building in Santa Fe, N.M., on Thursday, Jan. 16, 2020, as lawmakers prepare for a 30 legislative session. Gov. Michelle Lujan Grisham says she'll consider red-flag gun legislation, proposals to legalize recreational marijuana and new incentives for localized renewable energy installations electric car purchases. Spending increases are proposed for K-12 education, early childhood programs, tuition-free college and more amid a budget surplus. (AP Photo/Morgan Lee)

Lawmakers have 30 days to craft state budget, legalize pot

Jan. 21, 2020 11:04 AM EST

SANTA FE, N.M. (AP) — New Mexico's Democrat-led Legislature is looking for new ways to bolster a lagging public education system and open up new economic opportunities by legalizing recreational marijuana and providing tuition-free college education, as a 30-day legislative session begins Tuesday....

In this Jan. 3, 2020, photo, workers make sneakers in a factory in Jinjiang city in southeastern China's Fujian province. China’s economic growth sank to a new multi-decade low of 6.1% in 2019 as consumer demand weakened and Beijing fought a trade war with Washington. Government data Friday, Jan. 17, showed growth was down from 2018’s 6.6%, already the lowest since 1990. Economic growth in the three months ending in December held steady at the previous quarter’s level of 6%. (Chinatopix Via AP)

China's 2019 economic growth weakens amid trade war

Jan. 17, 2020 12:10 PM EST

BEIJING (AP) — China’s economic growth sank to a new multi-decade low in 2019 as Beijing fought a tariff war with Washington, but forecasters said a U.S.-Chinese trade truce might help to revive consumer and business activity. The world’s second-largest economy grew by 6.1%, down from...

A home school choir sings the national anthem on the House floor before a joint session of the Legislature on Tuesday, Jan. 14, 2014 in Olympia, Wash. Lawmakers convened the joint session to hear Gov. Jay Inslee's State of the State address. (AP Photo/Rachel La Corte)

Gov. Jay Inslee says state must act on homelessness

Jan. 14, 2020 6:05 PM EST

OLYMPIA, Wash. (AP) — Democratic Gov. Jay Inslee told a joint session of the Legislature Tuesday that Washington state must act now to reduce the number of people who are living without permanent shelter. Inslee highlighted what he called a “growing crisis” as his top issue in his annual...

FILE - This July 16, 2019, file photo shows the Capitol Dome in Washington. The U.S. budget deficit through the first three months of this budget year is up 11.8% from the same period a year ago, putting the country on track to record its first $1 trillion deficit in eight years. The Treasury Department said Monday, Jan. 13, 2020, that the deficit from October through December totaled $356.6 billion.  (AP Photo/Carolyn Kaster, File)

US budget deficit running 11.8% higher this year

Jan. 13, 2020 6:48 PM EST

The U.S. budget deficit through the first three months of this budget year is up 11.8% from the same period a year ago, putting the country on track to record its first $1 trillion deficit in eight years. In its monthly budget report, the Treasury Department said Monday that the deficit from October through...

In this Sept. 23, 2019 photo, rescued migrants look at a map of Europe aboard the Ocean Viking humanitarian ship as it sails in the Mediterranean Sea. The misery of migrants in Libya has spawned a thriving and highly lucrative business, in part funded by the EU and enabled by the United Nations, an Associated Press investigation has found. (AP Photo/Renata Brito)

Making misery pay: Libya militias take EU funds for migrants

Dec. 31, 2019 3:15 PM EST

TRIPOLI, Libya (AP) — When the European Union started funneling millions of euros into Libya to slow the tide of migrants crossing the Mediterranean, the money came with EU promises to improve detention centers notorious for abuse and fight human trafficking. That hasn’t happened. Instead, the...

FILE - In this Jan. 15, 2019 file photo New Mexico Gov. Michelle Lujan Grisham gives her State of the State address during the opening of the New Mexico legislative session at the state Capitol in Santa Fe, N.M. New Mexico Democrats pushed forward a progressive agenda as the booming oil industry made headlines in 2019 with record revenues for the state's coffers. (AP Photo/Craig Fritz,File)

New Mexico Democratic agenda, oil boom make 2019 headlines

Dec. 26, 2019 2:55 PM EST

ALBUQUERQUE, N.M. (AP) — Democratic election victories set New Mexico on a progressive political path in 2019 that included a surge in government spending on education and infrastructure, new restrictions on gun possession and ambitious mandates for renewable energy development. The governor’s...

Chinese investors monitor stock prices at a brokerage house in Bejiing, Thursday, Dec. 26, 2019. Shares are mostly higher in Asia with many world markets closed for Christmas holidays. (AP Photo/Mark Schiefelbein)

World shares mostly higher; China plans stimulus measures

Dec. 26, 2019 3:35 AM EST

TOKYO (AP) — Global markets edged higher on Thursday though trading was subdued after the Christmas holidays. Chinese markets surged after the government announced a relaxation of residency restrictions for small and medium cities that boosted property stocks. The Shanghai Composite index jumped 0.9% to...

Senate Majority Leader Mitch McConnell of Ky., speaks with reporters after walking off the Senate floor, Thursday, Dec. 19, 2019, on Capitol Hill in Washington. (AP Photo/Patrick Semansky)

McConnell touts benefits to Kentucky in spending package

Dec. 23, 2019 2:45 PM EST

LOUISVILLE, Ky. (AP) — Senate Majority Leader Mitch McConnell is touting the benefits for Kentucky in the recent government spending bill signed into law last week. McConnell said his Senate leadership position allows Kentucky to “punch above its weight,” and he had a direct hand in securing...

Space Force will start small but let Trump claim a big win

Dec. 21, 2019 1:23 AM EST

WASHINGTON (AP) — President Donald Trump on Friday celebrated the launch of Space Force, the first new military service in more than 70 years. In signing the 2020 National Defense Authorization Act that includes Space Force, Trump claimed a victory for one of his top national security priorities just two...

President Donald Trump greets people after signing the National Defense Authorization Act for Fiscal Year 2020 at Andrews Air Force Base, Md., Friday, Dec. 20, 2019, before traveling to Mar-a-lago in Palm Beach, Fla. At left is first lady Melania Trump. (AP Photo/Andrew Harnik)

Trump signs $1.4 trillion in spending, avoids shutdown

Dec. 20, 2019 10:33 PM EST

WEST PALM BEACH, Fla. (AP) — President Donald Trump signed off Friday on nearly $1.4 trillion in spending that will keep the government funded through Sept. 30, dodging the possibility of a shutdown ahead of what's expected to be a contentious election season. White House deputy press secretary Judd Deere...