Government finance

Gov. Gavin Newsom speaks at the California Chamber of Commerce's 94th Annual Sacramento Host Breakfast, Thursday, May 23, 2019, in Sacramento, Calif. Newsom said housing and inequality are two of the biggest issues facing state government and California businesses. (AP Photo/Rich Pedroncelli)
May 24, 2019 - 7:16 pm
SACRAMENTO, Calif. (AP) — California lawmakers are headed toward a confrontation with Gov. Gavin Newsom over whether to keep a tax that can generate nearly $2 billion for low-income health benefits but means approval from the Trump administration amid a feud between state and federal officials...
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FILE - This Jan. 15, 2019 file photo shows treasurer of Pennsylvania Joe Torsella before Pennsylvania Gov. Tom Wolf takes the oath of office for his second term at the state Capitol in Harrisburg, Pa. Pennsylvania’s treasury department is accusing about a dozen large financial firms of working together to illegally inflate the price of bonds issued by Fannie Mae and Freddie Mac over seven years. A federal court filing by Torsella on Thursday, May 23, cites what his office says is evidence from a “cooperating co-conspirator” in a U.S. Department of Justice investigation into price-fixing in the secondary market for bonds issued by government-controlled companies. (AP Photo/Matt Rourke, File)
May 24, 2019 - 3:41 pm
HARRISBURG, Pa. (AP) — Pennsylvania's treasury department is accusing about a dozen large financial firms of working together to illegally inflate the price of bonds issued by Fannie Mae and Freddie Mac over seven years. A federal court filing by Pennsylvania Treasurer Joe Torsella cites what his...
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Stephen Calk, center, leaves Federal court with his attorney Jeremy Margolis, left, Thursday, May 23, 2019, in New York. Calk charged in New York with issuing loans to win a role in President Donald Trump's administration has pleaded not guilty. (AP Photo/Mary Altaffer)
May 23, 2019 - 9:25 pm
NEW YORK (AP) — A banker who prosecutors say tried to buy himself a senior post in President Donald Trump's administration by making risky loans to former Trump campaign chairman Paul Manafort pleaded not guilty Thursday to a financial institution bribery charge as his lawyer said he's done nothing...
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Agriculture Secretary Sonny Perdue laughs with a reporter on the North Lawn of the White House in Washington, Thursday, May 23, 2019.(AP Photo/Andrew Harnik)
May 23, 2019 - 8:08 pm
WASHINGTON (AP) — President Donald Trump rolled out another $16 billion in aid for farmers hurt by his trade policies, and financial markets shook Thursday on the growing realization that the U.S. and China are far from settling a bitter, year-long trade dispute. U.S. Agriculture Secretary Sonny...
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May 22, 2019 - 4:32 am
BEIJING (AP) — China is cutting taxes on its fledgling software and integrated circuit industries to spur development in the face of U.S. export controls that threaten to handicap Chinese tech companies. The Finance Ministry's announcement Wednesday comes amid tension over Washington's decision to...
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May 21, 2019 - 9:58 pm
WASHINGTON (AP) — Long-running research projects credited with pivotal discoveries about the harm that pesticides, air pollution and other hazards pose to children are in jeopardy or shutting down because the Environmental Protection Agency will not commit to their continued funding, researchers...
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Treasury Secretary Steven Mnuchin leaves a meeting with top congressional leaders, including Speaker of the House Nancy Pelosi, D-Calif., and Senate Majority Leader Mitch McConnell, R-Ky., on a potential deal to raise the budget caps, at the Capitol in Washington, Tuesday, May 21, 2019. Mnuchin said they will be coming back for more talks later in the afternoon. (AP Photo/J. Scott Applewhite)
May 21, 2019 - 1:57 pm
WASHINGTON (AP) — The top Republican in the House says congressional negotiators are making progress on two must-do items on the legislative agenda: averting automatic budget cuts and meeting a deadline later this year to increase the government's borrowing limit. Minority Leader Kevin McCarthy...
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FILE - In this April 10, 2019 file photo, a sign is shown during a news conference to reintroduce "Medicare for All" legislation, on Capitol Hill in Washington. The “Medicare for All” proposal from leading Democrats running for president appears more lavish than what’s offered in other advanced countries. (AP Photo/Susan Walsh, file)
May 21, 2019 - 6:27 am
WASHINGTON (AP) — Generous benefits. No copays. No need for private policies. The "Medicare for All" plan advocated by leading 2020 Democrats appears more lavish than what's offered in other advanced countries, compounding the cost but also potentially broadening its popular appeal. While other...
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Oralia Sandoval, center, holds her son Benjamin, 6, as she participates in an Immigrants Day of Action rally, Monday, May 20, 2019, in Sacramento, Calif. Gov. Gavin Newsom has proposed offering government-funded health care benefits to immigrant adults ages 19 to 25 who are living in the country illegally. State Sen. Maria Elena Durazo, D-Los Angeles, has proposed a bill to expand that further to include seniors age 65 and older. (AP Photo/Rich Pedroncelli)
May 20, 2019 - 9:23 pm
SACRAMENTO, Calif. (AP) — Lilian Serrano's mother-in-law had lots of stomach problems, but she always blamed food. Doctors at a San Diego-area clinic suspected Genoveva Angeles might have cancer, but they could not say for sure because they did not have the equipment to test for it and Angeles, who...
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May 20, 2019 - 2:08 pm
COLUMBIA, S.C. (AP) — South Carolina legislators are expected to clear the final hurdle to giving the Carolina Panthers up to $120 million in tax breaks to move their practice fields and team headquarters out of North Carolina. The Senate voted 23-16 on Monday to approve a compromise smoothing over...
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