Judge: ‘Discriminatory’ to deny Puerto Rico access to US aid
A federal judge has ruled that it is unconstitutional to deny Puerto Ricans living in the U.S. territory access to three federal welfare programs in a major decision cheered by…
US budget deficit hits all-time high of $864 billion in June
The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into…
UConn eliminates four sports in COVID-19 related budget cuts
The University of Connecticut has decided to eliminate four athletic teams as it deals with an expected budget deficit driven by issues related to the COVID-19 pandemic By PAT EATON-ROBB…
Report: State, local aid needed to avert 4 million layoffs
WASHINGTON — A new private sector report is warning anew of continuing damage to the economy if Washington doesn’t deliver several hundred billion dollars in budget relief to states and…
Puerto Rico to hold statehood referendum amid disillusion
Puerto Rico will hold a nonbinding referendum in November to decide whether the island should become a U.S. state By DÁNICA COTO Associated Press May 16, 2020, 6:24 PM 3…
UK interest rates cut, funds freed up to ease virus impact
LONDON — Britain took bold steps on Wednesday to cushion the economic shock of the coronavirus outbreak, as the government announced a 30 billion-pound ($39 billion) stimulus package and the…
Winner of $400M border wall contract: ‘a gung-ho, smart guy’
BISMARCK, N.D. — Tommy Fisher peered into a Fox News camera and talked up his North Dakota-based company’s ability to build a border wall faster and cheaper than others could,…
US budget deficit jumps 23% through June
The U.S. budget deficit increased by $140 billion during the first nine months of this budget year to $747.1 billion as government revenues and spending both hit records. The Treasury…
Paul Ryan lists immigration, debt as biggest regrets
Interested in Republican Party? Add Republican Party as an interest to stay up to date on the latest Republican Party news, video, and analysis from ABC News. Outgoing House Speaker…
House Republicans seek permanent tax cuts as elections loom
House Republican leaders have unveiled their proposal to expand the massive tax law they hustled through Congress last year. They’re aiming to make permanent the individual tax cuts and small-business…