BRUSSELS (AP) — The European Union has moved to prolong looser limits on spending by member countries for an extra year in a bid to counter the economic fallout from Russia’s war in Ukraine.
The European Commission recommended on Monday suspending the EU’s regular rules on national budget discipline through 2023.
NEW DELHI (AP) — With one brother president, another prime minister and three more family members cabinet ministers, it appeared that the Rajapaksa clan had consolidated its grip on power in Sri Lanka after decades in and out of government.
WASHINGTON (AP) — President Joe Biden on Wednesday highlighted new figures showing the government's red ink will grow less than expected this year and the national debt will shrink this quarter as he tried to counter criticism of his economic leadership amid growing dismay over inflation going into midterm elections that will decide control of Congress.
WASHINGTON (AP) — Treasury Secretary Janet Yellen sounded an urgent call Tuesday for Congress to raise the government's borrowing limit, a day after Senate Republicans blocked consideration of a bill that would have done so.
WASHINGTON (AP) — The Treasury Department has unveiled plans to borrow $673 billion in the current quarter while employing emergency measures to keep the government from an unprecedented default on the national debt.
WASHINGTON (AP) — Treasury Secretary Janet Yellen told Congress on Friday that she will start taking emergency measures next week to keep the government from an unprecedented default on the national debt, warning that a default would cause “irreparable harm to the U.S.
WASHINGTON (AP) — The Treasury Department says it will employ measures to avoid an unprecedented default on the national debt this summer, but officials say those measures could be exhausted “much more quickly” than normal given the unusual circumstances of the global pandemic...
Greece's 10-year government bond yield fell below 1% Wednesday for the first time, bolstering the country's effort to ease strict budget conditions set by bailout lenders...
ATHENS, Greece (AP) — Greece raised 2.5 billion euros ($2.75 billion) in a 15-year bond auction on Tuesday at a low interest rate, as the country borrowed beyond the scope of a bailout-repayment relief plan for the first time.
CONCORD, N.H. (AP) — Mark Sanford dropped his challenge to President Donald Trump for the Republican presidential nomination on Tuesday, saying the focus on impeachment has made it difficult for his campaign to gain traction...
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 WASHINGTON (AP) — Treasury Secretary Steven Mnuchin told congressional leaders that the debt ceiling should be raised before lawmakers leave for their August recess to avert the potential of an unprecedented default on the national debt...
WASHINGTON (AP) — The government surpassed a dubious milestone this week: Its debt topped $22 trillion — that's trillion, with a "t'' — for the first time...
WASHINGTON (AP) — The national debt has passed a new milestone, topping $22 trillion for the first time...
WASHINGTON (AP) — President Donald Trump is distorting the truth on U.S. economic growth and jobs, pointing to record-breaking figures that don't exist and not telling the full story on black unemployment...
WASHINGTON (AP) — President Donald Trump is pulling numbers out of thin air when it comes to the economy, jobs and the deficit...
BALTIMORE (AP) — President Donald Trump has elevated his tax cuts to an act of biblical proportions, misleadingly claiming at a White House speech Friday that they triggered an "economic miracle...
NORTH HUNTINGDON, Pa. (AP) — In southwest Pennsylvania, Democratic congressional hopeful Conor Lamb hammers the new Republican tax law as a gift to corporations and the wealthy that will add to the national debt and give the GOP-led Congress an excuse to gut Social Security and Medicare...
WASHINGTON (AP) — When did Republicans stop worrying and learn to love budget deficits?
Over the next decade, their tax plan would add at least $1 trillion to the national debt...
LOUISVILLE, Ky. (AP) — Fresh off his biggest legislative victory of the Trump era, Senate Majority Leader Mitch McConnell on Saturday disputed projections that the Senate's tax bill would add to the nation's debt woes...
WASHINGTON (AP) — Senate Republicans have run into a problem with their proposed tax cuts: Under Senate rules, the cuts would expire after 10 years...
WASHINGTON (AP) — The federal budget deficit rose to $666 billion in the just-completed fiscal year, a spike that comes as Republicans are moving to draft a tax code rewrite that promises to add up to $1...
WASHINGTON (AP) — House Speaker Paul Ryan backed off months of promises that the Republicans' tax plan won't add to the nation's ballooning deficit, declaring Wednesday in an AP Newsmaker interview that the most important goal of an overhaul is economic growth...
WASHINGTON (AP) — The Latest on President Donald Trump, Republican Party (all times local):
3 p.m.
Treasury Secretary Steven Mnuchin (mih-NOO'-shin) is predicting that Congress will raise the government's borrowing limit in September, before a deadline for default.
WASHINGTON (AP) — Fanning the flames of GOP discord, President Donald Trump is accusing Republican congressional leaders of botching efforts to avoid an unprecedented default on the national debt. "Could have been so easy-now a mess!" Trump tweeted.