Latest Government budgets News

US Treasury announces it will begin selling new 20-year bond

Jan. 16, 2020 6:29 PM EST

WASHINGTON (AP) — The U.S. Treasury, faced with financing budget deficits topping $1 trillion annually, is introducing a new 20-year bond. The new 20-year bond was chosen after officials considered proposals for a 50-year or 100-year bond, Treasury said in a statement Thursday. It said the new 20-year bond...

Republican Gov. Tate Reeves reacts to a question during a news conference regarding his establishing a diverse group of experienced Mississippians to help with a nationwide search for a new Mississippi Department of Corrections (MDOC) commissioner, Thursday, Jan. 16, 2020. (AP Photo/Rogelio V. Solis)

Mississippi governor: Prison violence was a 'catastrophe'

Jan. 16, 2020 4:42 PM EST

JACKSON, Miss. (AP) — Mississippi's new governor said Thursday that the state will conduct a nationwide search for a new commissioner to lead a state prison system that's reckoning with what he called a “catastrophe” — a recent outburst of deadly violence and longstanding problems with...

FILE - In this Jan. 13, 2020. file photo, President Donald Trump, left, and acting White House chief of staff Mick Mulvaney, right, walk along the colonnade of the White House in Washington. The federal government's watchdog agency says a White House office violated federal law in withholding security assistance to Ukraine aid. The Government Accountability Office said Thursday the White House Office of Management and Budget violated the law in holding up the assistance. (AP Photo/Susan Walsh, File)

Watchdog: White House violated law in freezing Ukraine aid

Jan. 16, 2020 4:09 PM EST

WASHINGTON (AP) — The White House violated federal law in withholding security assistance to Ukraine, an action at the center of President Donald Trump's impeachment, a federal watchdog agency said Thursday. The Government Accountability Office said in a report that the Office of Management and Budget...

In this Friday, Jan. 10 photo, children play on a hay farm where residents from the Indios neighborhood of Guayanilla, Puerto Rico, have set up shelter after earthquakes and amid aftershocks in Guayanilla, Puerto Rico. A 6.4 magnitude quake that toppled or damaged hundreds of homes in southwestern Puerto Rico is raising concerns about where displaced families will live, while the island still struggles to rebuild from Hurricane Maria two years ago. (AP Photo/Carlos Giusti)

Top Democrat pushing $3.4B emergency measure for Puerto Rico

Jan. 16, 2020 1:26 PM EST

WASHINGTON (AP) — A top House Democrat is introducing a $3.4 billion emergency spending bill to help Puerto Rico deal with a recent spate of earthquakes rocking the U.S. territory, which is still struggling to rebuild and recover from devastating hurricanes in 2017. A spokesman for Appropriations...

Missouri Gov. Mike Parson delivers the State of the State address Wednesday, Jan. 15, 2020, in Jefferson City, Mo. (AP Photo/Jeff Roberson)

Missouri governor pitches plan to address violent crime

Jan. 15, 2020 6:37 PM EST

JEFFERSON CITY, Mo. (AP) — Missouri Gov. Mike Parson on Wednesday called for a new state savings fund and reaffirmed his support for gun rights in face of a spike in violence in the state's biggest cities. Parson identified both as top goals for the year in a State of the State speech to the...

This combination photo of undated file photos released by the Mississippi Department of Corrections shows Roosevelt Holliman, left, who was beaten and stabbed at the Mississippi State Penitentiary at Parchman on Jan. 2, 2020, and Denorris Howell, who was found dead in his cell on Jan. 3. More than two dozen Mississippi inmates sued the state Tuesday, Jan. 14, saying understaffed prisons are

Lawsuit says Mississippi prisons are 'plagued by violence'

Jan. 15, 2020 10:20 AM EST

JACKSON, Miss. (AP) — More than two dozen Mississippi inmates sued the state Tuesday, saying understaffed prisons are “plagued by violence” and inmates are forced to live in decrepit and dangerous conditions. The federal lawsuit follows an outbreak of violence that killed five inmates and...

President Donald Trump speaks at a campaign rally Tuesday, Jan. 14, 2020, in Milwaukee. (AP Photo/Jeffrey Phelps)

AP FACT CHECK: Trump distorts data, Dems cut some corners

Jan. 14, 2020 11:49 PM EST

WASHINGTON (AP) — Rallying in swing-state Wisconsin, President Donald Trump used misleading economic data to claim he’s created a “blue collar boom" while Democrats vying to replace him cut some corners on the facts in their latest presidential debate. Here’s a look at some statements...

FILE - In this March 26, 2014 file photo, BlackRock Chairman and CEO Laurence Fink is interviewed by Maria Bartiromo on Fox Business Network's

Climate is changing. Investing needs to, too, says BlackRock

Jan. 14, 2020 3:36 PM EST

NEW YORK (AP) — A changing climate means dramatic risks for the world — and for investments too, the chief of the world’s largest investment manager said Tuesday. To prepare for and protect against those risks, BlackRock CEO Laurence Fink said in his influential annual letter to CEOs that his...

European Commission President Ursula von der Leyen delivers her speech at the European parliament Tuesday, Jan.14, 2020 in Strasbourg, eastern France. Croatian Prime Minister Andrej Plenkovic will present the priorities of the rotating Council presidency for the next six months. (AP Photo/Jean-Francois Badias)

EU lays out 1 trillion-euro plan to support Green Deal

Jan. 14, 2020 2:30 PM EST

BRUSSELS (AP) — The European Union plans to dedicate a quarter of its budget to tackling climate change and to work to shift 1 trillion euros ($1.1 trillion) in investment toward making the EU's economy more environmentally friendly over the next 10 years. Aiming to deliver on European Commission President...

Indonesia: UAE crown prince to lead new capital construction

Jan. 14, 2020 8:14 AM EST

JAKARTA, Indonesia (AP) — Abu Dhabi's crown prince has agreed to lead a committee that will oversee the construction of a new capital city for Indonesia that is estimated to cost $34 billion, an Indonesian official said Tuesday. Crown Prince Sheikh Mohammed bin Zayed Al Nahyan said it would be “an...