Latest Government budgets News

Congress passes temporary bill to avoid shutdown as lawmakers punt spending decisions to December

Sep. 25, 2024 18:47 PM EDT

WASHINGTON (AP) — Congress on Wednesday passed a temporary measure that keeps government agencies funded into December, avoiding a shutdown for now while punting final spending decisions until after the Nov. 5 election. The Senate approved the measure by a vote of 78-18 shortly...

France's new government meets for the first time to discuss budget and migrant issues

Sep. 23, 2024 11:26 AM EDT

PARIS (AP) — France’s new government dominated by conservatives and centrists gathered for the first time Monday as Prime Minister Michel Barnier set budget and migrant issues as top priorities. Barnier convened a meeting early morning with newly appointed ministers ahead of a...

Britain's Treasury chief tries to turn on the economic optimism after months of gloomy talk

Sep. 23, 2024 09:19 AM EDT

LIVERPOOL, England (AP) — British Treasury chief Rachel Reeves promised on Monday not to return to an era of public spending cuts despite the dire state of the U.K.’s national finances, as she tried to inject a dose of optimism after weeks of negative headlines for the country’s new Labour...

Spending deal averts a possible federal shutdown and funds the government into December

Sep. 23, 2024 01:19 AM EDT

WASHINGTON (AP) — Congressional leaders announced an agreement Sunday on a short-term spending bill that will fund federal agencies for about three months, averting a possible partial government shutdown when the new budget year begins Oct. 1 and pushing final decisions until after the November...

EU pledges to loan Ukraine up to $39 billion to help rebuild its economy and power grid

Sep. 20, 2024 07:28 AM EDT

KYIV, Ukraine (AP) — The European Union pledged on Friday to lend Ukraine up to 35 billion euros ($39 billion) as part of a loan package organized by the Group of Seven major industrial nations, as it seeks to help the country rebuild its economy and its war-shattered power grid. ...

House rejects temporary funding bill to avoid government shutdown

Sep. 18, 2024 19:28 PM EDT

WASHINGTON (AP) — The House on Wednesday rejected Speaker Mike Johnson's proposal that would have linked temporary funding for the federal government with a mandate that states require proof of citizenship when people register to vote. Next steps on government funding are...

Speaker Johnson sets House vote on government funding bill after a one-week postponement

Sep. 17, 2024 15:46 PM EDT

WASHINGTON (AP) — House Speaker Mike Johnson will move ahead with a temporary spending bill that would prevent a partial government shutdown when the new budget year begins on Oct. 1, despite the headwinds that prompted him to pull the bill from consideration last week. The bill...

Argentina's President Milei presents 2025 budget, vowing austerity and setting up a showdown

Sep. 16, 2024 08:36 AM EDT

BUENOS AIRES, Argentina (AP) — Libertarian President Javier Milei of Argentina presented the 2025 budget to Congress late Sunday, outlining policy priorities that reflected his key pledge to kill the country's chronic fiscal deficit and signaled a new phase of confrontation with lawmakers. ...

Speaker Johnson pushes ahead on funding bill with proof of citizenship mandate despite dim prospects

Sep. 10, 2024 18:38 PM EDT

WASHINGTON (AP) — House Speaker Mike Johnson vowed Tuesday to press ahead with requiring proof of citizenship for new voters as part of a bill to avoid a partial government shutdown in three weeks, though the measure appeared likely to be voted down. Democrats overwhelmingly oppose...

Hakeem Jeffries rejects GOP spending bill as 'unserious and unacceptable'

Sep. 09, 2024 20:24 PM EDT

WASHINGTON (AP) — Calling it “unserious and unacceptable,” House Democratic leader Hakeem Jeffries rejected on Monday a proposal from Speaker Mike Johnson that links continued government funding for six months with a measure to require proof of citizenship when registering to vote. ...