Latest Government budgets News
France has a new government, again. Politics and crushing debt complicate next steps
PARIS (AP) — France’s president and prime minister managed to form a new government just in time for the holidays. Now comes the hard part. Crushing debt, intensifying pressure from the nationalist far right, wars in Europe and the Mideast: Challenges abound for President...
France has a new government. Now it must fix the budget while avoiding collapse
PARIS (AP) — French President Emmanuel Macron’s office announced a new government Monday, after the previous Cabinet collapsed in a historic vote prompted by fighting over the country's budget. The government, put together by newly named Prime Minister Francois Bayrou, includes...
Takeaways from Trump's 1st rally speech as president-elect
PHOENIX (AP) — President-elect Donald Trump came to Arizona on Sunday for his first rally speech since winning the November election. He was greeted by thousands of adoring supporters who confirmed his popularity across the conservative base. Trump attempted in his 75-minutes on...
What Trump's decision to wade into spending fight tells us about the next 4 years
WASHINGTON (AP) — After days of threats and demands, Donald Trump had little to show for it once lawmakers passed a budget deal in the early hours of Saturday, narrowly averting a pre-Christmas government shutdown. The president-elect successfully pushed House Republicans to...
Deal spares federal workers before Christmas but there's concern about possible job cuts under Trump
ANNAPOLIS, Md. (AP) — Johnny Zuagar said he tried to hide his worries about a potential government shutdown from his three boys as he weighed how much to spend on Christmas presents. “I’ve got to keep a poker face,” Zuagar, a statistician at the U.S. Census Bureau, said when...
Shutdown saga exposes new fault lines for Speaker Johnson and tests his grip on the gavel
WASHINGTON (AP) — One of the most turbulent sessions of Congress in the modern era is about to make way for the next one. Midnight passage of the government shutdown package put in sharp focus the political fault lines emerging in Washington, as President-elect Donald Trump returns...
Biden signs bill that averts a government shutdown and brings a close to days of Washington upheaval
WASHINGTON (AP) — President Joe Biden signed a bill into law Saturday that averts a government shutdown, bringing a final close to days of upheaval after Congress approved a temporary funding plan just past the deadline and refused President-elect Donald Trump’s core debt demands in the...
Government shutdown is averted just after deadline as Congress rejects Trump's debt limit demands
WASHINGTON (AP) — Facing a government shutdown deadline, the Senate rushed through final passage early Saturday of a bipartisan plan that would temporarily fund federal operations and disaster aid, dropping President-elect Donald Trump's demands for a debt limit increase into the new year. ...
Musk helped kill a congressional spending bill. But much of what he spread was misinformation
President-elect Donald Trump's billionaire ally Elon Musk played a key role this week in killing a bipartisan funding proposal that would have prevented a government shutdown, railing against the plan in a torrent of more than 100 X posts that included multiple false claims. The X...
Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty
WEST PALM BEACH, Fla. (AP) — The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier — with critics saying the president-elect is contributing to the uncertainty. The Dow Jones stock index essentially ended Thursday flat after having posted 10 days...
