Government spending

House Speaker Nancy Pelosi of Calif., left, and Senate Minority Leader Sen. Chuck Schumer of N.Y., speak to the media, Tuesday, July 28, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
SKY News
July 28, 2020 - 7:24 pm
WASHINGTON (AP) — A day of shuttle diplomacy on Capitol Hill over a coronavirus aid package produced few results Tuesday, with stark differences between the $3 trillion proposal from Democrats and $1 trillion counteroffer from Republicans as millions of Americans' jobless benefits, school...
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Federal Reserve Chair Jerome H. Powell announces a half percentage point interest rate cut
Getty Images
SKY News
March 26, 2020 - 8:47 am
WASHINGTON (AP) — The economy grew by a moderate 2.1% in the fourth quarter of last year, but many economists believe that will be the last positive growth seen for some time as the country endures a sharp contraction due to the impact of the coronavirus. The Commerce Department said Thursday in...
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People walk among U.S. flags with the U.S. Capitol in the background, Sunday, March 15, 2020, in Washington. House Speaker Nancy Pelosi, D-Calif., said Congress has started work on a new coronavirus aid package after the one just approved by the House early Saturday. (AP Photo/Jacquelyn Martin)
SKY News
March 19, 2020 - 5:53 am
WASHINGTON (AP) — The fast-moving coronavirus upending every facet of American life is testing whether Washington, a capital city fractured by years of bitter partisanship and inaction, can still do big things. Not since the Great Recession of 2008, and before that the Sept. 11 attacks of 2001, has...
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In this Friday, Feb. 14, 2020 photo, a truck leaves the docks at PortMiami in Miami. On Thursday, Feb. 27, the Commerce Department issues the second estimate of how the U.S. economy performed in the fourth quarter. (AP Photo/Wilfredo Lee)
SKY News
February 27, 2020 - 4:53 pm
WASHINGTON (AP) — The U.S. economy grew at an annual rate of 2.1% in the final quarter of last year, but damage from the spreading coronavirus is likely depressing growth in the current quarter and for the rest of the year. The overall pace of growth in the October-December quarter was unchanged...
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SKY News
January 31, 2020 - 7:28 am
The Florida Senate and House are more than $1 billion apart in their proposed state budgets. Both chambers released their proposals Thursday. The Senate is seeking $92.8 billion for the fiscal year that begins July 1, while the House is proposing a spending plan just under $91.4 billion. The House...
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Chinese investors monitor stock prices at a brokerage house in Bejiing, Thursday, Dec. 26, 2019. Shares are mostly higher in Asia with many world markets closed for Christmas holidays. (AP Photo/Mark Schiefelbein)
SKY News
December 26, 2019 - 3:33 am
TOKYO (AP) — Global markets edged higher on Thursday though trading was subdued after the Christmas holidays. Chinese markets surged after the government announced a relaxation of residency restrictions for small and medium cities that boosted property stocks. The Shanghai Composite index jumped 0...
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Sen. Rob Portman, R-Ohio, left, talks with Senate Majority Leader Mitch McConnell of Ky., Thursday, Dec. 19, 2019, on Capitol Hill in Washington. (AP Photo/Patrick Semansky)
SKY News
December 19, 2019 - 5:27 pm
WASHINGTON (AP) — The Senate passed a $1.4 trillion government spending package Thursday in a last bipartisan burst of legislating before bolting for the holidays from a Capitol riven by impeachment. Lawmakers cleared the two-bill package in a set of votes, sending it to President Donald Trump in...
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The U.S. Capitol in Washington is shrouded in mist, Friday night, Dec. 13, 2019. This coming week’s virtually certain House impeachment of President Donald Trump will underscore how Democrats and Republicans have morphed into fiercely divided camps since lawmakers impeached President Bill Clinton.(AP Photo/J. Scott Applewhite)
SKY News
December 17, 2019 - 8:14 pm
WASHINGTON (AP) — The Democratic-controlled House voted Tuesday to pass a $1.4 trillion government spending package, handing President Donald Trump a victory on his U.S.-Mexico border fence while giving Democrats spending increases across a swath of domestic programs. The hard-fought legislation...
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House Speaker Nancy Pelosi of Calif., accompanied by Chairman of the House Ways and Means Committee Richard Neal, D-Mass., left, and other House members, speaks at a news conference to discuss the United States Mexico Canada Agreement (USMCA) trade agreement, Tuesday, Dec. 10, 2019, on Capitol Hill in Washington. (AP Photo/Andrew Harnik)
SKY News
December 11, 2019 - 1:19 pm
WASHINGTON (AP) — The Senate's top Republican issued a downbeat assessment of talks on a government spending bill Wednesday, warning that it will require a “laser focus from both parties and both chambers" to meet next week's deadline and avert a federal shutdown. Across the Capitol, House Speaker...
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Anti-government protesters cheer as they wait for a bus to return them home, in the aftermath of violent protests against the government, in Quito, Ecuador, Monday, Oct. 14, 2019. Ecuador celebrated a deal President Lenín Moreno and indigenous leaders struck late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead. (AP Photo/Fernando Vergara)
October 14, 2019 - 9:41 pm
QUITO, Ecuador (AP) — Thousands of indigenous demonstrators, student volunteers and local residents launched a mass cleanup Monday of a Quito park where anti-austerity protesters fought police for days, leaving piles of burning tires, trees and construction material. President Lenín Moreno signed a...
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