Latest Government budgets News

Pennsylvania governor rolls out plan to fast-track and subsidize power plants, hydrogen projects

Jan. 30, 2025 12:24 PM EST

HARRISBURG, Pa. (AP) — Gov. Josh Shapiro said Thursday that he wants to fast-track big energy projects in Pennsylvania and offer hundreds of millions of dollars in tax breaks for projects that provide electricity to the grid and make hydrogen. Shapiro's announcement comes a few...

White House budget office rescinds order on federal grant freeze that sparked widespread confusion

Jan. 29, 2025 13:21 PM EST
WASHINGTON (AP) — White House budget office rescinds order on federal grant freeze that sparked widespread confusion.

Who funds the World Health Organization? A list of its biggest donors

Jan. 28, 2025 11:51 AM EST

President Donald Trump's decision to exit the World Health Organization means the U.N. agency is losing its biggest funder. For the two-year budget ending in 2025, the U.S. is projected to be WHO’s largest single contributor by far. It is expected to donate $958 million, or nearly 15%, of the...

Trump’s nominee for Pentagon weapons buyer was a key figure in the president's first impeachment

Jan. 28, 2025 10:57 AM EST

WASHINGTON (AP) — President Donald Trump's nominee to be the military's top weapons buyer is an official who directed the Pentagon to withhold aid from Ukraine in 2019 as Trump sought a commitment from President Volodymyr Zelenskyy to investigate the Biden family — a key component of the...

State Department freezes new funding for nearly all US aid programs worldwide

Jan. 24, 2025 20:15 PM EST

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

Jan. 23, 2025 12:42 PM EST

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

Jan. 21, 2025 17:00 PM EST

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

Jan. 18, 2025 20:46 PM EST

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

Jan. 17, 2025 15:31 PM EST

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

Jan. 17, 2025 14:09 PM EST

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...