National budgets

President Donald Trump walks down the steps of Air Force One at Andrews Air Force Base in Md., Wednesday, Aug. 21, 2019. Trump is returning from Louisville, Ky., where he spoke to the American Veterans (AMVETS) 75th National Convention. (AP Photo/Susan Walsh)
August 22, 2019 - 2:14 pm
WASHINGTON (AP) — Facing bipartisan opposition, President Donald Trump has scrapped an effort to cut some $4 billion in foreign aid that lawmakers had already approved. A senior administration official and a Democratic congressional aide confirmed the decision Thursday. Both spoke on condition of...
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The federal deficit expected to swell to more than $1 trillion in the next fiscal year.;
August 22, 2019 - 10:02 am
WASHINGTON (AP) — The federal budget deficit is expected to balloon to more than $1 trillion in the next fiscal year under the first projections taking into account the big budget deal that President Donald Trump and Congress reached this summer, the Congressional Budget Office reported. The return...
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August 09, 2019 - 1:38 pm
WASHINGTON (AP) — Republican and Democrats in Congress are teaming up against what appears to be a Trump administration plan to cut the foreign aid budget. The administration hasn't announced whether it plans to seek the cut. But the Office of Management and Budget instructed the State Department...
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Senate Minority Leader Chuck Schumer, D-N.Y., left, joins Speaker of the House Nancy Pelosi, D-Calif., as she signs the budget package just passed in the Senate to permit the government to resume borrowing to pay all of its obligations and would remove the prospect of a government shutdown in October, at the Capitol in Washington, Thursday, Aug. 1, 2019. (AP Photo/J. Scott Applewhite)
August 02, 2019 - 10:52 am
WASHINGTON (AP) — President Donald Trump on Friday signed a bipartisan debt increase and new set of spending limits that would help lock in spending increases for the Pentagon and elsewhere in the budget. The hard-won agreement permits the government to resume borrowing to pay its bills and sets an...
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Senate Minority Leader Chuck Schumer, D-N.Y., left, joins Speaker of the House Nancy Pelosi, D-Calif., as she signs the budget package just passed in the Senate to permit the government to resume borrowing to pay all of its obligations and would remove the prospect of a government shutdown in October, at the Capitol in Washington, Thursday, Aug. 1, 2019. (AP Photo/J. Scott Applewhite)
August 01, 2019 - 3:04 pm
WASHINGTON (AP) — The Latest on legislation dealing with the federal budget and the government's borrowing limit (all times local): 12:13 p.m. A bipartisan budget and debt deal has passed the Senate and is heading to the White House for President Donald Trump's signature. Thursday's vote addresses...
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Senate Majority Leader Mitch McConnell, R-Ky., walks to the Senate chamber for votes on federal judges as a massive budget pact between House Speaker Nancy Pelosi and President Donald Trump is facing a key vote in the GOP-held Senate later, at the Capitol in Washington, Wednesday, July 31, 2019. Many conservatives in the Republican-led Senate are torn between supporting President Donald Trump and risking their political brand with an unpopular vote to add $2 trillion or more to the federal debt. (AP Photo/J. Scott Applewhite)
August 01, 2019 - 9:29 am
WASHINGTON (AP) — A hard-won budget and debt deal easily cleared the Senate on Thursday, powered by President Donald Trump's endorsement and a bipartisan drive to cement recent spending increases for the Pentagon and domestic agencies. The legislation passed by a 67-28 vote as Trump and his GOP...
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Senate Majority Leader Mitch McConnell of Ky., arrives to speak with reporters following the weekly policy lunches on Capitol Hill in Washington, Tuesday, July 23, 2019. (AP Photo/Susan Walsh)
July 31, 2019 - 7:09 am
WASHINGTON (AP) — A hard-won, warts-and-all budget pact between House Speaker Nancy Pelosi and President Donald Trump is facing a key vote in the GOP-held Senate, with many conservatives torn between supporting the president and risking their political brand with an unpopular vote to add $2...
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FILE - In this July 24, 2019, file photo Treasury Secretary Steve Mnuchin walks away from the microphones after speaking to members of the media at the White House in Washington. The Treasury Department says it expects to borrow $433 billion in the current July-September quarter. (AP Photo/Pablo Martinez Monsivais, File)
July 29, 2019 - 12:47 pm
WASHINGTON (AP) — The Treasury Department said Monday it expects to borrow $433 billion in the current July-September quarter. That would be the largest quarterly borrowing total since early 2018, as the government replenishes its cash reserves following the expected resolution over raising the...
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President Donald Trump speaks during a full honors welcoming ceremony for Secretary of Defense Mark Esper at the Pentagon, Thursday, July 25, 2019, in Washington. (AP Photo/Alex Brandon)
July 25, 2019 - 8:30 pm
WASHINGTON (AP) — The Latest on a bipartisan budget and debt deal in Congress (all times local): 5:12 p.m. A hard-won, bipartisan budget and debt compromise between President Donald Trump and Speaker Nancy Pelosi has easily passed the Democratic-controlled House. The bill would head off another...
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In this June 15, 2018 photo, pharmaceuticals are seen in North Andover, Mass. A prescription drug compromise that would lower costs for Medicare recipients has cleared a key hurdle in the Senate, but Republican resistance signals trouble when the legislation goes to the floor. (AP Photo/Elise Amendola, File)
July 25, 2019 - 5:15 pm
WASHINGTON (AP) — A prescription drug compromise that would lower costs for Medicare recipients and save billions for Medicare and Medicaid cleared a key hurdle in the Senate on Thursday, but Republican resistance signaled trouble as the legislation faces floor consideration. The Finance Committee...
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