Tag: National budgets

US budget deficit jumps to record $1.7 trillion this year

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WASHINGTON — The U.S. government's budget deficit surged to an all-time high of $1.7 trillion for the first six months of this budget year,...

EXPLAINER: Senate eyes budget rule to push past filibuster

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WASHINGTON — With the Senate split 50-50, leaders of the Democratic majority are looking for ways to advance their priorities and President Joe Biden's...

McConnell downplays need for aid to home state’s government

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LEXINGTON, Ky. — U.S. Senate Republican leader Mitch McConnell downplayed a new infusion of federal relief for his home state's government, questioning the need...

German Cabinet approves 2022 budget plan with more new debt

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BERLIN — Germany's Cabinet on Wednesday approved 2022 budget plans that will see rules against running up new debt suspended for the third consecutive...

Survey: Business economists favor increased federal spending

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WASHINGTON — A majority of business economists think the recovering economy will benefit from much more government spending despite concerns in financial markets that...

Lawmakers fear turning 144 cities into “micropolitan” areas

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A bipartisan group of U.S. senators and congressmen is urging the federal government not to approve recommendations to remove 144 cities from the designation...

Watching the watchers: who’s at the helm of EU’s Frontex?

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BRUSSELS — The European Union’s border and coast guard agency Frontex, the pride of the 27-nation bloc’s vast effort to keep watch over its...

Pace of spending for pandemic aid? Try $43,000 every second

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BALTIMORE — To pay out his coronavirus relief package, President Joe Biden must spend an average of $3.7 billion every day for the rest...

Poland, Hungary file complaint at EU court over budget rule

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WARSAW, Poland — The right-wing governments of Poland and Hungary filed a complaint with the European Union's supreme court on Thursday challenging a new...

Pace of spending for pandemic aid? Try $43,000 every second

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BALTIMORE — To pay out his coronavirus relief package, President Joe Biden must spend an average of $3.7 billion every day for the rest...