Latest Government budgets News
State Department freezes new funding for nearly all US aid programs worldwide
WASHINGTON (AP) — The State Department ordered a sweeping freeze Friday on new funding for almost all U.S. foreign assistance, making exceptions for emergency food programs and military aid to Israel and Egypt. The order threatened a quick halt to many of the billions of dollars in...
Texas budget writers prioritize school vouchers, teacher raises and border security in early drafts
Texas lawmakers are looking to spend billions of dollars over the next two years to create a school voucher-like program, cut property taxes, raise teacher pay, shore up water infrastructure and continue the state’s border crackdown, according to initial state budget drafts House and Senate...
New York governor proposes banning cellphones in schools starting next fall
ALBANY, N.Y. (AP) — Students throughout New York state might have to give up their cellphones during school hours starting next fall under a proposal announced Tuesday by Gov. Kathy Hochul. The plan, which would require legislators' approval, would take effect in the next academic...
A look at the events that led up to the arrest of South Korean President Yoon Suk Yeol
SEOUL, South Korea (AP) — South Korea’s impeached president, Yoon Suk Yeol, was formally arrested on Sunday, days after being apprehended in a massive law enforcement operation at his presidential compound in Seoul. Yoon’s arrest could mark the beginning of a prolonged period...
CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
WASHINGTON (AP) — The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump. The nonpartisan Congressional Budget Office released its 10-year...
Walz urges lawmakers to end a power struggle upending the Minnesota Legislature
ST. PAUL, Minn. (AP) — Gov. Tim Walz urged lawmakers Thursday to end a power struggle that has disrupted the first week of Minnesota's 2025 legislative session, but expressed support for House Democrats' boycott of the chamber to block Republicans from wielding power. House...
Few know Shalanda Young. But she saved the US from the kinds of economic crises Trump now faces
WASHINGTON (AP) — Few Democrats found ways to negotiate with Republicans quite like Shalanda Young — whose work as White House budget director stopped several potential economic crises from erupting. She brokered a 2023 deal to stop the government from defaulting on its debt. She...
New Mexico state spending plan seeks more federal Medicaid dollars as Donald Trump takes office
SANTA FE, N.M. (AP) — Leading New Mexico legislators on Wednesday recommended a 5.7% general fund spending increase for the coming fiscal year that emphasizes health care access, public school improvements, and early education and childcare programs that can boost household finances. ...
New Washington governor outlines goals as state faces multibillion-dollar deficit
Incoming Washington state Gov. Bob Ferguson outlined his plans Wednesday to help individuals while also making government more responsive and efficient, during his inaugural address as the state Legislature convened for its first week of session. Ferguson, 59, was the state’s top...
Vivek Ramaswamy, an Ohio native, is interested in filling Vance's old Senate seat, AP source says
Former Republican presidential candidate Vivek Ramaswamy has expressed interest in the Ohio U.S. Senate seat that was vacated by Vice President-elect JD Vance, two people with direct knowledge of the biotech entrepreneur's wishes told The Associated Press. The 39-year-old from...
