Latest Government budgets News
Voters in Oakland oust Mayor Sheng Thao just 2 years into her term
OAKLAND, Calif. (AP) — Voters in Oakland, California, have ousted Mayor Sheng Thao just two years after she narrowly won office to lead the liberal San Francisco Bay Area city. The Associated Press called the race Monday. “Thank you for choosing me to serve as...
Frustrated Americans await the economic changes they voted for with Trump
WASHINGTON (AP) — Fed up with high prices and unimpressed with an economy that by just about any measure is a healthy one, Americans demanded change when they voted for president. They could get it. President-elect Donald Trump has vowed to topple many of the Biden...
The hardest job in Washington? A look at those who have served as chief of staff for Trump
WASHINGTON (AP) — Susie Wiles will be the latest occupant of the hottest hot seat in Washington — Donald Trump's chief of staff. It's a tough job under the best of circumstances, responsible for networking with lawmakers, administration officials and outside groups while also...
Wyoming moves ahead with selling land in Grand Teton National Park to federal government for $100M
CHEYENNE, Wyo. (AP) — Wyoming officials voted Thursday to proceed with selling a spectacular, pristine piece of state property within Grand Teton National Park to the federal government for $100 million and end decades of threats to sell it to the highest-bidding private developer. ...
Financial market worries over the UK budget appear to ease
LONDON (AP) — Worries about this week's tax-raising U.K. budget within financial markets appeared to ease Friday with the interest rates charged on British debt steadying and the pound rising against most other currencies. In the wake of Wednesday's budget statement, the first by a...
UK Treasury chief admits business tax rise could lead to lower than anticipated wages
LONDON (AP) — U.K. Treasury chief Rachel Reeves conceded Thursday that wages may rise by less than previously thought as a direct result of her budget decision to increase a tax that businesses pay for their employees. On Wednesday, Reeves raised taxes by around 40 billion pounds...
Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK
LONDON (AP) — British Treasury chief Rachel Reeves raised taxes Wednesday by around 40 billion pounds ($52 billion) to plug a hole she claims to have identified in the public finances and fund the U.K.'s cash-starved public services, in a beefy budget that could set the political tone for years...
Germany's economy is stagnant. But its quarrelsome government can't agree on a way forward
BERLIN (AP) — Germany's economy is struggling and the governing coalition has a lot of ideas on how to fix it. But it can't agree which the right one is. The latest outbreak of infighting in Chancellor Olaf Scholz's government has raised questions about whether it will get anything...
Keir Starmer warns the UK budget this week will reflect 'harsh' economic reality
LONDON (AP) — Fixing Britain's troubled economy will be a long haul in a “harsh” fiscal environment, Prime Minister Keir Starmer said Monday, setting the stage for his government's high-stakes first budget this week. Starmer hopes voters will accept his argument that higher...
Living costs dominate a debate between Montana's Republican governor and Democratic challenger
How to help people struggling with Montana's rising cost of living — driven in part by people inspired by the hit show “Yellowstone” to move there — dominated a debate between the state's Republican governor and his Democratic challenger Wednesday. While Democrat Ryan Busse...
