Latest Government budgets News

House Speaker Nancy Pelosi of Calif., speaks during a news conference on Capitol Hill, Friday, Sept. 18, 2020, in Washington. (AP Photo/Manuel Balce Ceneta)

Democrats unveil temporary funding bill to avert shutdown

Sep. 21, 2020 4:54 PM EDT

WASHINGTON (AP) — Democrats controlling the House unveiled a government-wide temporary funding bill on Monday that would keep federal agencies fully up and running into December. The measure would prevent a partial shutdown of the government after the current budget year expires at the end of the month,...

House Speaker Nancy Pelosi of Calif., center, with House Democrats including House Majority Whip James Clyburn, of S.C., left, and Chairman of the House Energy and Commerce Committee Rep. Frank Pallone, D-N.J., speaks during a news conference about COVID-19, Thursday, Sept. 17, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)

Stopgap bill to prevent shutdown held up over farm funding

Sep. 19, 2020 1:29 AM EDT

WASHINGTON (AP) — Efforts to fashion a temporary spending bill needed to avert a government shutdown at the end of the month ran aground Friday amid a fight over farm bailout funding that's a key priority of President Donald Trump and Capitol Hill Republicans. A House Appropriations Committee spokesman...

House Speaker Nancy Pelosi of Calif., center, with House Democrats including House Majority Whip James Clyburn, of S.C., left, and Chairman of the House Energy and Commerce Committee Rep. Frank Pallone, D-N.J., speaks during a news conference about COVID-19, Thursday, Sept. 17, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)

Stopgap bill to prevent shutdown held up over farm funding

Sep. 18, 2020 7:58 PM EDT

WASHINGTON (AP) — Efforts to fashion a temporary spending bill needed to avert a government shutdown at the end of the month ran aground Friday amid a fight over farm bailout funding that's a key priority of President Donald Trump and Capitol Hill Republicans. A House Appropriations Committee spokesman...

Takayoshi Yamaguchi, the 78-year-old former chairman of now defunct Japan Life, is arrested and led by police  in Tokyo, Friday, Sept. 18, 2020. Japanese police arrested Yamaguchi, who was invited to one of annual cherry blossom viewing parties hosted by the former Prime Minister Shinzo Abe, in a massive fraud involving thousands of elderly customers.(Kyodo News via AP)

Japan police arrest fraud suspect linked to ex-PM's event

Sep. 18, 2020 5:40 AM EDT

TOKYO (AP) — Japanese police on Friday arrested a man on fraud charges linked to annual cherry blossom viewing parties that were hosted by former Prime Minister Shinzo Abe, but the new government ruled out an investigation into how the party and its budget were used. Abe's annual cherry party came into...

Kansas Relays to be postponed from 2021 date due to COVID-19

Sep. 16, 2020 7:49 PM EDT

LAWRENCE, Kan. (AP) — The Kansas Relays, one of the longest-running track and field events in the country, will be postponed in the spring as the University of Kansas tries to deal with a massive budget shortfall caused by the coronavirus pandemic. The school said in announcing its decision Wednesday that...

Resplendent in orange suit, tie and shoes and a black hat with gold bow and protected by a homemade

Dutch government unveils budget overshadowed by virus

Sep. 15, 2020 10:54 AM EDT

THE HAGUE, Netherlands (AP) — The Dutch government plans to invest in protecting jobs and businesses during the coronavirus crisis but warned Tuesday as it laid out its spending plans for the coming year that the Netherlands must brace for the harsh economic impact of the pandemic. Public health...

FILE - In this April 29, 2020 file photo, a man wearing a mask to protect against coronavirus, waits to cross the street as a digital sign displays groups of people walking above another sign displaying the size of the national debt along an empty K Street in Washington.  The U.S. budget deficit hit an all-time high of $3 trillion for the first 11 months of this budget year, the Treasury Department said Friday, Sept. 11.  (AP Photo/Andrew Harnik, File)

US budget deficit hits record $3 trillion through 11 months

Sep. 11, 2020 10:39 PM EDT

WASHINGTON (AP) — The U.S. budget deficit hit an all-time high of $3 trillion for the first 11 months of this budget year, the Treasury Department said Friday. The ocean of red ink is a product of the government's massive spending to try to cushion the impact of a coronavirus-fueled recession that has cost...

A beam of light is seen over the Pentagon, as part of the Towers of Light Tribute marking the 19th anniversary of the 9/11 attack on the Pentagon, Wednesday, Sept. 9, 2020, in Washington. (AP Photo/Jose Luis Magana)

Pentagon rescinding order to shutter Stars and Stripes paper

Sep. 10, 2020 6:10 PM EDT

WASHINGTON (AP) — The Defense Department is rescinding its order to shut down the military’s independent newspaper, Stars and Stripes, in the wake of a tweet late last week by President Donald Trump vowing to continue funding the paper. In an email to Stripes’ publisher Max Lederer, Army Col....

Singapore Airlines to cut 4,300 jobs due to pandemic

Sep. 10, 2020 10:44 AM EDT

SINGAPORE (AP) — Singapore Airlines Group said Thursday it will eliminate 4,300 jobs due to the “long road to recovery" for the global aviation industry battered by the coronavirus pandemic. The group said in a statement it will cut the positions across Singapore Airlines, regional arm SilkAir and...

President Donald Trump reacts to the crowd as he arrives to speak at a campaign rally at Smith Reynolds Airport, Tuesday, Sept. 8, 2020, in Winston-Salem, N.C. (AP Photo/Evan Vucci)

Trump expands ban on new offshore drilling sites in Atlantic

Sep. 8, 2020 10:30 PM EDT

JUPITER, Fla. (AP) — President Donald Trump expanded a ban on new offshore drilling Tuesday, an election-year reversal likely to appeal to voters in Florida and other coastal states. Two years ago, Trump had taken steps to vastly expand offshore drilling from coast to coast. “This protects your...