Economic policy

Senate Majority Leader Mitch McConnell of Ky., during a news conference on on Capitol Hill in Washington, Monday, July 27, 2020, to highlight their proposal for the next coronavirus stimulus bill. McConnell is joined by, from left, Sen. John Cornyn, R-Texas, Sen. Lamar Alexander, R-Tenn., Sen. Roy Blunt, R-Mo., Sen. Richard Shelby, R-Ala., Sen. Tim Scott, R-S.C., Sen. Lindsey Graham, R-S.C., and Sen. Mitt Romney, R-Utah. (AP Photo/Susan Walsh)
July 27, 2020 - 7:20 pm
WASHINGTON (AP) — Unemployment assistance, eviction protections and other relief for millions of Americans are at stake as White House officials launch negotiations with House Speaker Nancy Pelosi on a new coronavirus aid package that's teetering in Congress ahead of looming deadlines. While Senate...
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Chinese SWAT police officers escort away a man who tried to show protest slogans on his shirt outside the former United States Consulate in Chengdu in southwest China's Sichuan province on Monday, July 27, 2020. Chinese authorities took control of the former U.S. consulate in the southwestern Chinese city of Chengdu on Monday after it was ordered closed in retaliation for a U.S. order to vacate the Chinese Consulate in Houston. (AP Photo/Ng Han Guan)
July 27, 2020 - 5:53 am
BEIJING (AP) — They have the largest economies in the world. They spend more than anyone else on their militaries. From high-tech chips to control of the high seas, their interests are closely intertwined. The ongoing sharp deterioration in U.S.-China ties poses risks to both countries and the rest...
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Treasury Secretary Steven Mnuchin speaks with reporters about the coronavirus relief package negotiations, at the White House, Thursday, July 23, 2020, in Washington. (AP Photo/Evan Vucci)
July 25, 2020 - 8:29 pm
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Saturday that Republicans were set to roll out the next COVID-19 aid package Monday and assured there was backing from the White House after he and President Donald Trump's top aide met to salvage the $1 trillion proposal that had floundered...
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FILE - In this Tuesday, July 21, 2020, file photo, Ohio House Speaker Larry Householder leaves the federal courthouse after an initial hearing following charges against him and four others alleging a $60 million bribery scheme, in Columbus, Ohio. (AP Photo/Jay LaPrete, File)
July 25, 2020 - 9:05 am
COLUMBUS, Ohio (AP) — An accused co-conspirator called it an “unholy alliance" — dealings between a longtime Ohio politician seeking to restore his power and an energy company in desperate need of a billion-dollar bailout to rescue two nuclear plants in the state. Both the politician, current Ohio...
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FILE - In this April 22, 1952 file photo a gigantic pillar of smoke with the familiar mushroom top climbs above Yucca Flat, Nev. during nuclear test detonation. A defense spending bill pending in Congress includes an apology to New Mexico, Nevada, Utah and other states affected by nuclear testing over the decades, but communities downwind from the first atomic test in 1945 are still holding out for compensation amid rumblings about the potential for the U.S. to resume nuclear testing. (AP Photo,File)
July 24, 2020 - 7:10 pm
ALBUQUERQUE, N.M. (AP) — Deep within a multibillion-dollar defense spending measure pending in Congress is an apology to New Mexico, Nevada, Utah and other states affected by radiation from nuclear testing over the decades. But communities downwind from the first atomic test in the New Mexico...
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House Speaker Nancy Pelosi of Calif., accompanied by Rep. Dan Kildee, D-Mich., left, and Rep. Danny Davis, D-Ill., right, speaks at a news conference on Capitol Hill in Washington, Friday, July 24, 2020, on the extension of federal unemployment benefits. (AP Photo/Andrew Harnik)
July 24, 2020 - 2:58 pm
WASHINGTON (AP) — Even as lawmakers stumble in their quest to pass another coronavirus response measure, both the House and Senate sought to return to some semblance of normal business this week, passing annual must-do measures on spending and defense policy despite the challenges of legislating...
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Treasury Secretary Steven Mnuchin speaks with reporters about the coronavirus relief package negotiations, at the White House, Thursday, July 23, 2020, in Washington. (AP Photo/Evan Vucci)
July 23, 2020 - 6:32 pm
WASHINGTON (AP) — President Donald Trump on Thursday reluctantly dropped his bid to cut Social Security payroll taxes as Republicans stumbled anew in efforts to unite around a $1 trillion COVID-19 rescue package to begin negotiations with Democrats who are seeking far more. Frustrating new delays...
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July 23, 2020 - 8:17 am
LONDON (AP) — Negotiators working to establish new trade relations between Britain and the European Union admitted Thursday there was a long way to go despite progress being made in the complex talks. In comments delivered at the end of the latest round of talks, Chief U.K. negotiator David Frost...
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Senate Majority Leader Mitch McConnell of Ky., right, and House Minority Leader Kevin McCarthy of Calif., listen as President Donald Trump speaks during a meeting in the Oval Office of the White House, Monday, July 20, 2020, in Washington. Congress is just starting to negotiate new legislation to renew coronavirus aid. But the biggest obstacles to a deal are already coming into view. The Democratic House passed a whopping $3.5 trillion coronavirus response bill more than two months ago and is demanding robust funding to help state and local governments. Republicans want to keep the bill closer to $1 trillion and are insisting on new legal protections for schools, businesses, and charities that are trying to reopen. It’s up to top congressional leaders to bridge the gaps as they negotiate with President Donald Trump's White House. (AP Photo/Evan Vucci)
July 23, 2020 - 7:16 am
WASHINGTON (AP) — Bipartisan Capitol Hill talks have only just begun on a sweeping renewal of coronavirus legislation, but areas of likely agreement — and flashpoints of discord — are becoming apparent as the package starts to take shape. The Democratic House passed a whopping $3.5 trillion...
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Australian Treasurer Josh Frydenberg addresses the media during a federal budget update ahead of the 2020/21 budget scheduled for October, at Parliament House in Canberra, Thursday, July 23, 2020. Australia’s response to the coronavirus pandemic tipped the government’s budget AU$85.8 billion ($61 billion) into the red in the last fiscal year and will create AU$184 billion ($131 billion) more debt in the current year which would be the nation’s biggest deficit since World War II, treasury figures showed on Thursday. (Lukas Coch/AAP Image via AP)
July 23, 2020 - 3:35 am
CANBERRA, Australia (AP) — Australia’s response to the coronavirus pandemic tipped the government’s budget 85.8 billion Australian dollars ($61 billion) into the red in the last fiscal year and will create AU$184 billion ($131 billion) more debt in the current year which would be the nation’s...
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