Government spending

FILE - In this June 15, 2018, file photo, the Capitol is seen in Washington. The Senate is taking up a $145 billion spending bill to fund the Energy Department and veterans' programs for the next budget year. (AP Photo/J. Scott Applewhite, File)
June 25, 2018 - 6:39 pm
WASHINGTON (AP) — The Senate on Monday approved a $145 billion spending bill to fund the Energy Department and veterans' programs for the next budget year. The 86-5 vote in favor of the bill sends it back to the House, which approved a similar bill this month. Lawmakers hope to send a unified bill...
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FILE - In this Thursday, Jan. 1, 2015 file photo, euro coins and banknotes are shown by a salesclerk at a shop in Vilnius, Lithuania. Italy's economy minister says the new populist government isn't discussing any proposal to leave the eurozone. Minister Giovanni Tria, in an interview Sunday, June 10, 2018 in Corriere della Sera newspaper, said "not only do we not want to exit" the 19-member shared currency union, but the coalition is determined to act so conditions don't occur to "put our presence in the euro(zone) up for discussion." (AP Photo/Mindaugas Kulbis, File)
June 10, 2018 - 1:35 pm
ROME (AP) — Italy's new populist government isn't considering leaving the eurozone, the country's economy minister insisted, dismissing financial markets' rocky reaction to the euroskeptic coalition now in power as "normal questions that accompany political transition." Economy Minister Giovanni...
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FILE - In this Thursday, May 24, 2018 file photo, then Premier-designate Giuseppe Conte addresses the media after a round of consultations to form the Cabinet ministers, in Rome. Italy will be represented at this week's summit of the world's wealthiest democracies by a political novice whose powers in the new populist government remain to be tested: At best, as an executor of a program he didn't help draft, at worst, as a mediator between two disparate political blocs joined in a marriage of convenience. (Ettore Ferrari/ANSA via AP, File )
June 08, 2018 - 3:54 pm
ROME (AP) — The economist who tried to form an Italian government amid political gridlock said Friday he's "truly worried" that the costly measures on the new populist leaders' agenda will further swell Italy's national debt and trigger a negative reaction by the financial markets. Carlo Cottarelli...
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June 07, 2018 - 4:36 pm
WASHINGTON (AP) — The House on Thursday took up a White House plan to cut almost $15 billion in unused government money, a move that's designed to demonstrate fiscal discipline in Washington even though it wouldn't have much of an impact on spiraling deficits. The measure would take a mostly...
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June 06, 2018 - 9:18 am
FRANKFURT, Germany (AP) — A top European Central Bank official said Wednesday that policymakers will begin discussions next week on withdrawing the bank's bond-purchase stimulus — suggesting the ECB isn't overly worried by the recent political upheaval in Italy. "Next week, the governing council...
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FILE - In this Jan. 11, 2013 file photo, the Social Security Administration's main campus is seen in Woodlawn, Md. Medicare’s financial problems have gotten worse, and Social Security’s can’t be ignored forever. The government’s annual assessment is a sobering checkup on programs vital to the middle class. The report from program trustees says Medicare will become insolvent in 2026, three years earlier than previously forecast. The report says Social Security will become insolvent in 2034, no change from the projection last year.(AP Photo/Patrick Semansky, File)
June 06, 2018 - 1:55 am
WASHINGTON (AP) — Medicare will run out of money sooner than expected, and Social Security's financial problems can't be ignored either, the government said Tuesday in a sobering checkup on programs vital to the middle class. The report from program trustees says Medicare will become insolvent in...
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May 30, 2018 - 9:09 am
WASHINGTON (AP) — The U.S. economy grew at a weaker 2.2 percent annual rate in the first three months of the year, as consumers and businesses slowed their spending. But given the economy's recent performance, analysts are still looking for a solid rebound in the current quarter. Growth in the...
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A financial journalist checks on a monitor the course of the spread following political uncertainty, in Rome, Tuesday, May 29, 2018. The Italian stock market opened down 1.8 percent and the spread between Italian 10-year government bond and the benchmark German bund rose to 300 points, the highest level in years with interest rates at 2.9 percent, before relaxing. (Luciano Del Castillo/ANSA via AP)
May 29, 2018 - 10:24 am
FRANKFURT, Germany (AP) — Italy's political turmoil is sending a wave of concern through Europe's 19-country currency union as tremors are felt in financial markets. A major reason for the concern is that Italy's populist parties, the 5-Star Movement and the League, have questioned the eurozone's...
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Economist Carlo Cottarelli is surrounded by reporters as he arrives at Rome's Termini train station, Monday, May 28, 2018. Italy's president Sergio Mattarella invited Cottarelli to the presidential palace on Monday amid speculation he would ask the former International Monetary Fund official to form a technical government following the collapse of what would have been Western Europe's first populist government. (Angelo Carconi/ANSA via AP)
May 28, 2018 - 8:32 am
MILAN (AP) — The man tapped to head a neutral government in Italy after two populists failed in their bid is a former official at the International Monetary Fund who is a firm believer in the euro and in the necessity of Italy cutting its stubbornly high-debt load. Carlo Cottarelli, an economist,...
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FILE - In this March 30, 2017, file photo, the Capitol Dome is seen at dawn in Washington. The Senate has kicked off its annual attempt to pass government funding bills. Success is hardly assured, but President Donald Trump has warned Congress that he will never sign another foot-tall, $1 trillion-plus government-wide spending bill, and he insists that he'll get full funding for his border wall. (AP Photo/J. Scott Applewhite, File)
May 27, 2018 - 8:36 pm
WASHINGTON (AP) — President Donald Trump has warned Congress that he will never sign another foot-tall, $1 trillion-plus government-wide spending bill like the one he did in March. His message to lawmakers in both parties: Get your act together before the next budget lands on my desk. After a brief...
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