Government spending

FILE- In this Nov. 29, 2018, file photo an Ironworker helps to construct a building in Philadelphia. On Monday, Dec. 3, the Commerce Department reports on U.S. construction spending in October. (AP Photo/Matt Rourke, File)
December 03, 2018 - 10:37 am
WASHINGTON (AP) — Spending on U.S. construction projections fell 0.1% in October, the third consecutive monthly decline, as weakness in home building and non-residential construction offset a rebound in government projects. The October decline matched a similar 0.1% drop in September and followed a...
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FILE- In this Oct. 26, 2018, file photo the rising sun silhouettes the U.S. Capitol dome at daybreak in Washington. The Treasury Department issues a report Tuesday, Nov. 13, on how much money Uncle Sam took in and paid out last month. (AP Photo/Alex Brandon, File)
November 13, 2018 - 3:04 pm
WASHINGTON (AP) — The federal government recorded a deficit of $100.5 billion in October, a big increase from a year ago that was primarily caused by quirks in the calendar. The Treasury Department said Tuesday that the deficit shot up 59 percent from the same month a year ago. Last year's October...
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FILE - In this Dec. 21, 2016, file photo, The Trump International Hotel at 1100 Pennsylvania Avenue NW, is photographed in Washington. House Democrats are prepared to use their majority and subpoena power to go after all manner of financial records that could back up their claims that Donald Trump is using his presidency to enrich himself. Democrats hope there is a new day on such issues as foreign government spending at Trump properties, Trump’s foreign licensing deals and Trump ties to lobbyists. (AP Photo/Alex Brandon, File)
November 08, 2018 - 8:56 am
WASHINGTON (AP) — Beyond trying to get their hands on the Holy Grail of President Donald Trump's business dealings — his tax returns — House Democrats are prepared to use their new majority and subpoena power to go after financial records that could back up their claims that he's using his...
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In this Tuesday, Oct. 30, 2018, photo, delivery workers sort boxes of goods for their customers outside the capital city development academy in Beijing. An official measure of China's manufacturing activity fell to a two-year low in October, adding to pressure on Beijing to shore up economic growth amid a tariff war with Washington. The monthly purchasing managers' index issued Tuesday by the National Bureau of Statistics and an industry group, the China of Logistics and Purchasing, fell to 50.2 from September's 50.8 on a 100-point scale. (AP Photo/Andy Wong)
October 31, 2018 - 1:29 am
BEIJING (AP) — China's manufacturing activity fell to a two-year low in October as domestic demand weakened, an official measure showed Wednesday, adding to pressure on Beijing to shore up economic growth amid a tariff war with Washington. The purchasing managers' index of the National Bureau of...
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In this Oct. 10, 2018 photo, Senate Majority Leader Mitch McConnell of Ky., speaks after the Republican policy luncheon on Capitol Hill in Washington. With the GOP tax plan contributing to rising federal deficits, Democrats are warning that Republicans will go after cuts to Medicare, Medicaid and Social Security if they control Congress after the midterms. Senate Majority Leader Mitch McConnell opened the door to the campaign year attack when he suggested rising deficits are due to government spending on those programs. The GOP leader has not made budget cuts a priority. But Democrats warn that eventually Republicans will try to cut spending. (AP Photo/Alex Brandon)
October 17, 2018 - 2:46 pm
WASHINGTON (AP) — With the GOP tax plan contributing to rising federal deficits, Democrats are warning that Republicans will seek cuts to Medicare, Medicaid and Social Security to balance budgets if they keep control of Congress in the November election. It's a familiar message for Democrats, who...
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FILE- In this Sept. 27, 2018, file photo a bilingual help wanted sign for Auto Zone, a retailer of aftermarket automotive parts and accessories, is posted outside the store in Canton, Miss. Another healthy picture of hiring is expected when the U.S. government issues its September jobs report Friday, Oct. 5. (AP Photo/Rogelio V. Solis, File)
October 05, 2018 - 8:59 pm
WASHINGTON (AP) — The U.S. unemployment rate fell in September to 3.7 percent, the lowest since 1969, when young men were being drafted to fight in Vietnam and the American auto industry and the space program were going full blast. The Labor Department reported Friday that the rate edged down from...
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FILE- In this June, 19, 2018, file photo, an Ever Green Line refrigerated container is delivered to a ship to shore crane working the container ship Ever Linking at the Port of Savannah in Savannah, Ga. On Thursday, Sept. 27, the Commerce Department issues the final estimate of how the U.S. economy performed in the April-June quarter. (AP Photo/Stephen B. Morton, File)
September 27, 2018 - 8:58 am
WASHINGTON (AP) — The U.S. economy grew at a robust annual rate of 4.2 percent in the second quarter, the best performance in nearly four years, though economists believe growth has slowed in the current quarter partly because of a drag from trade. The performance of the gross domestic product, the...
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FILE- In this July 17, 2018, file photo Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on "The Semiannual Monetary Policy Report to the Congress," at Capitol Hill in Washington. On Wednesday, Sept. 26, the Federal Reserve issues its latest policy statement and updates its interest-rate and economic projections before Powell holds a news conference. (AP Photo/Jose Luis Magana, FIle)
September 26, 2018 - 3:02 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 2:55 p.m. Federal Reserve Chairman Jerome Powell says that the several rounds of tariffs launched by the Trump administration have yet to hurt the U.S. economy's performance. But Powell tells reporters...
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September 26, 2018 - 3:20 am
WASHINGTON (AP) — The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead. The big question is whether the strong U.S. economy, which has been fueled this year by tax cuts and increased government...
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From left, Sen. Patrick Leahy, D-Vt., questions Supreme Court nominee Brett Kavanaugh about his time in the White House, as Sen. Dick Durbin, D-Ill., center and Sen. Sheldon Whitehouse, D-R.I., right, listen during the second day of his confirmation hearing before the Senate Judiciary Committee, on Capitol Hill in Washington, Wednesday, Sept. 5, 2018. (AP Photo/J. Scott Applewhite)
September 18, 2018 - 2:34 pm
WASHINGTON (AP) — The Senate on Tuesday approved a wide-ranging, $854 billion bill that funds the military and a host of civilian agencies for the next year and provides a short-term fix to keep the government open through early December. The measure includes $675 billion for the Defense Department...
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