Latest Government budgets News

Here's how Robert F. Kennedy Jr. has promised to remake the nation's top health agencies

Nov. 15, 2024 21:23 PM EST

WASHINGTON (AP) — Robert F. Kennedy Jr., an anti-vaccine activist and environmentalist, for years gained a loyal and fierce following with his biting condemnations of how the nation’s public health agencies do business. And that's put him on a direct collision course with some of...

Moody's downgrades Mexican government's outlook to 'negative' over weakening of judiciary and debt

Nov. 15, 2024 18:12 PM EST

MEXICO CITY (AP) — Mexico’s president lashed out Friday at Moody’s ratings service, after it downgraded the Mexican government’s debt outlook to “negative.” Moody’s said it had downgraded the government's debt outlook from “stable” to “negative” because newly...

Voters in Oakland oust Mayor Sheng Thao just 2 years into her term

Nov. 11, 2024 18:34 PM EST

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

Nov. 09, 2024 07:09 AM EST

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

Nov. 08, 2024 19:49 PM EST

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

Nov. 07, 2024 17:20 PM EST

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

Nov. 01, 2024 13:18 PM EDT

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

Oct. 31, 2024 12:50 PM EDT

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

Oct. 30, 2024 18:50 PM EDT

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

Oct. 30, 2024 05:50 AM EDT

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...