Government finance

Italian Prime Minister Giuseppe Conte speaks with the media as he arrives for an EU summit at the Europa building in Brussels, Thursday, Oct. 18, 2018. EU leaders meet for a second day on Thursday to discuss migration, cybersecurity and to try and move ahead on stalled Brexit talks. (AP Photo/Francisco Seco)
October 18, 2018 - 6:56 am
BRUSSELS (AP) — Dutch Prime Minister Mark Rutte is warning his Italian counterpart Giuseppe Conte not to break the budgetary rules set out by the European Union. Rutte met with Conte at Thursday's EU summit, where Conte is on the defensive for filing a draft budget for 2019 that has a deficit level...
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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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President Donald Trump speaks during a cabinet meeting in the Cabinet Room of the White House, Wednesday, Oct. 17, 2018, in Washington. (AP Photo/Evan Vucci)
October 17, 2018 - 1:13 pm
WASHINGTON (AP) — President Donald Trump says he's asking every Cabinet secretary to trim their next-year budgets by 5 percent, dubbing it the "nickel plan." Trump says there's a lot of "waste" and "fat" in the federal budget and he wants to get rid of it. The president says some Cabinet...
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U.S. Rep. Beto O'Rourke, D-Texas, left, and U.S. Sen. Ted Cruz, R-Texas, right, take part in a debate for the Texas U.S. Senate, Tuesday, Oct. 16, 2018, in San Antonio. (Tom Reel/San Antonio Express-News via AP, Pool)
October 17, 2018 - 11:53 am
SAN ANTONIO (AP) — Democrat Beto O'Rourke abandoned his usual message of unity and optimism and laid into Ted Cruz, hoping to reverse polls that show him fading against the Republican incumbent during the second debate of a Texas Senate race that has become one of the nation's most closely watched...
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Demonstrators hold up a poster of Jordi Sanchez and Jordi Cuixart, during a protest in support of Catalonian politicians and leaders of two civil society groups who have been jailed on charges of sedition in Barcelona, Spain, Tuesday, Oct. 16. 2018. Politicians, rights groups and citizens across Catalonia are calling for the release of jailed separatists as they mark one year since two prominent pro-independence activists, Jordi Sanchez and Jordi Cuixart, leaders of two civil society groups _ ANC and Omnium Cultural, respectively _ were put in pre-trial detention. Banners reads in Catalan "one year of shame, on year of dignity" (AP Photo/Emilio morenatti)
October 16, 2018 - 4:39 pm
BARCELONA, Spain (AP) — Politicians and human rights groups urged the Spanish government Tuesday to release imprisoned separatists facing rebellion and other charges from the Catalonia region's push for independence, including two activists put into pre-trial detention a year ago. Catalan regional...
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Republican Kris Kobach, from left to right, Libertarian Jeff Caldwell, independent Greg Orman, Democrat Laura Kelly and independent Rick Kloos participate in a gubernatorial debate at KWCH-TV, Tuesday, Oct. 9, 2018, in Wichita, Kan. (Dion Lefler/The Wichita Eagle via AP)
October 16, 2018 - 3:13 pm
TOPEKA, Kan. (AP) — A contentious Kansas governor's race has become a referendum on how a Republican experiment in slashing income taxes went awry, what lessons arose from the budget misery that followed and whether the state needs a do-over. Democratic nominee Laura Kelly, a veteran state senator...
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Italy's Interior Minister and Deputy-Premier Matteo Salvini, right, and Italian Premier Giuseppe Conte attend a press conference on Italy's budget law, at Chigi Palace Premier office, in Rome, Monday, Oct. 15, 2018. (Giuseppe Lami/ANSA via AP)
October 16, 2018 - 9:14 am
MILAN (AP) — Italy's populist government was heading into a budget battle with the European Union after disregarding pointed warnings to ease up on spending promises that have shattered previous deficit pledges and threaten Italy's ability to lower its heavy debt load. The EU Commission President...
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An investor sits at private stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Tuesday, Oct. 16, 2018. Asian markets were mostly higher on Tuesday, though Chinese benchmarks fell after the government reported inflation rose for the fourth straight month. (AP Photo/Yam G-Jun)
October 16, 2018 - 5:58 am
SINGAPORE (AP) — World markets were mostly higher Tuesday ahead of a U.S. Treasury report that will likely steer clear of labeling China as a currency manipulator, a status that could trigger penalties and cause trade tensions to escalate. KEEPING SCORE: France's CAC 40 added 0.3 percent to 5,107...
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FILE - In this Oct. 22, 2015, file photo, workers tend to oil pump jacks behind a natural gas flare near Watford City, N.D. Since Donald Trump took office, America’s exports of liquid natural gas and crude oil have surged, rivaling the likes of Saudi Arabia and Russia. To achieve “energy dominance,” the Trump administration has taken its cues from an unlikely source: the Obama administration. (AP photo/Eric Gay, File)
October 16, 2018 - 5:11 am
WASHINGTON (AP) — Energy Secretary Rick Perry's keynote speech at the World Gas Conference in June opened with a marching band and ended with an exhibition by the Harlem Globetrotters. It was a spectacle befitting the industry symposium. "We're sharing our energy bounty with the world," Perry...
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FILE - This Feb. 9, 2018, file photo shows the Capitol Dome of the Capitol Building at sunrise in Washington. The federal budget deficit has surged to $779 billion in fiscal 2018, its highest level in six years as President Donald Trump's tax cuts caused the government to borrow more heavily in order to cover its spending. The Treasury Department said Monday, Oc. 15, that the deficit climbed $113 billion from fiscal 2017. (AP Photo/Andrew Harnik, File)
October 15, 2018 - 6:02 pm
WASHINGTON (AP) — The federal budget deficit has surged to $779 billion in fiscal 2018, its highest level in six years as President Donald Trump's tax cuts caused the government to borrow more heavily in order to cover its spending. The Treasury Department said Monday that the deficit climbed $113...
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