Latest National budgets News

House OKs measure to prevent possible end-of-month shutdown

Sep. 19, 2019 3:52 PM EDT

WASHINGTON (AP) — The House passed a short-term bill Thursday to prevent a federal shutdown when the budget year ends Sept. 30, and give lawmakers until the Thanksgiving break to negotiate and approve $1.4 trillion for federal agencies. The Senate is expected to approve the stopgap bill next week. The vote...

Can green investment help relaunch Germany's economy?

Sep. 19, 2019 7:58 AM EDT

FRANKFURT, Germany (AP) — A recession looms for Germany and the European Central Bank is pleading for governments to spend more to revitalize economic growth. Yet despite having the luxury of borrowing money for less than nothing, the German government is keeping a tight rein on its finances. A debate over...

Democrats block Pentagon bill amid border wall battle

Sep. 18, 2019 7:28 PM EDT

WASHINGTON (AP) — Senate Democrats Wednesday blocked debate on the almost $700 billion Pentagon budget and other spending bills amid a feud between the chamber's leaders over the rules of engagement for translating this summer's hard-won budget deal into binding legislation. Minority Leader Chuck Schumer...

Democrats push ahead with short-term bill to avoid shutdown

Sep. 17, 2019 6:44 PM EDT

WASHINGTON (AP) — Democrats controlling the House are steering clear of controversy in a short-term, government-wide spending measure that's needed to prevent a government shutdown at the end of September. House Speaker Nancy Pelosi has agreed to a White House request to replenish funds for bailout...

Dutch government to reform business tax rules

Sep. 17, 2019 10:22 AM EDT

THE HAGUE, Netherlands (AP) — The Dutch government said Tuesday it plans to reform a business tax rule that allows wealthy multinationals to reduce the amount of tax they pay on their profits. The government said the plan, which has to be passed by parliament, will generate 265 million euros ($292 million)...

Brazil's environmental workers tell of decline before fires

Sep. 17, 2019 12:03 AM EDT

RIO DE JANEIRO (AP) — As fires burn across the Brazilian Amazon, the vast state of Amazonas has been among the hardest hit, with more than 6,600 blazes recorded in August, 2 1/2 times more than the same month a year ago. Yet official documents seen by The Associated Press show that Brazil's government has...

GOP rejects cuts to wall funding, Dems threaten filibuster

Sep. 12, 2019 7:12 PM EDT

WASHINGTON (AP) — A Republican-controlled Senate committee on Thursday rejected Democratic attempts to cut President Donald Trump's latest border wall request and prevent him from again funding the project without congressional approval. Democrats threatened to filibuster a Pentagon spending bill. The...

US budget deficit for 11 months up $169 billion over 2018

Sep. 12, 2019 3:49 PM EDT

WASHINGTON (AP) — The U.S. government's budget deficit increased by $169 billion to $1.07 trillion in the first 11 months of this budget year as spending grew faster than tax collections. The Treasury Department reported Thursday that the deficit with just one month left in the budget year is up 18.8% over...

Democrats cry 'cowardice' as GOP overrides NC budget veto

Sep. 11, 2019 6:37 PM EDT

RALEIGH, N.C. (AP) — Republicans in control of a nearly half-empty North Carolina House chamber on Wednesday held an unexpected vote to override Gov. Roy Cooper's veto of the state budget bill, prompting accusations of trickery and deception from Cooper and fellow Democrats. Republican leaders had spent...

The Latest: NC House Republicans defend veto override action

Sep. 11, 2019 3:32 PM EDT

RALEIGH, N.C. (AP) — The Latest on the North Carolina House Republicans' surprise vote in a half-empty chamber to override Democratic Gov. Roy Cooper's budget veto (all times local): 3:30 p.m. North Carolina House Republican leaders say they never made any announcement or decision that would have prevented...