Government budget deficits

Federal Reserve Board Chair Jerome Powell testifies to the House Budget Committee, Thursday, Nov. 14, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
November 14, 2019 - 1:03 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell on Thursday urged Congress to tackle the growing budget deficit but also underscored the current health of the nation’s economy. Powell’s testimony before the House Budget Committee came a day after he told Congress’ Joint Economic Committee...
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Federal Reserve Board Chair Jerome Powell testifies on the economic outlook, on Capitol Hill in Washington, Wednesday, Nov. 13, 2019. (AP Photo/Jose Luis Magana)
November 14, 2019 - 10:27 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell is asking Congress to tackle the growing budget deficit. Powell’s remarks before the House Budget Committee Thursday came a day after he told Congress’ Joint Economic Committee that the Fed was likely to keep rates unchanged in the coming...
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FILE - This June 12, 2019, file photo shows the U.S. Capitol dome in Washington. On Wednesday, Nov. 13, the Treasury Department releases federal budget data for August. (AP Photo/Patrick Semansky, File)
November 13, 2019 - 5:08 pm
WASHINGTON (AP) — The federal government, which ended the 2019 budget year with its largest deficit in seven years, began the new budget year with a deficit in October that was 33.8% bigger than a year ago as spending hit a record. The Treasury Department said Wednesday that the deficit last month...
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FILE - This June 12, 2019, file photo shows the U.S. Capitol dome in Washington. On Wednesday, Nov. 13, the Treasury Department releases federal budget data for August. (AP Photo/Patrick Semansky, File)
November 13, 2019 - 3:20 pm
WASHINGTON (AP) — The federal government, which ended the 2019 budget year with its largest deficit in seven years, began the new budget year with a deficit in October that was 33.8% bigger than a year ago as spending hit a record. The Treasury Department said Wednesday that the deficit last month...
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FILE - This June 12, 2019, file photo shows the U.S. Capitol dome in Washington. On Wednesday, Nov. 13, the Treasury Department releases federal budget data for August. (AP Photo/Patrick Semansky, File)
November 13, 2019 - 2:37 pm
WASHINGTON (AP) — The federal government, which ended the 2019 budget year with its largest deficit in seven years, began the new budget year with a deficit in October that was 33.8% bigger than a year ago as spending hit a record. The Treasury Department said Wednesday that the deficit last month...
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FILE - This June 12, 2019, file photo shows the U.S. Capitol dome in Washington. On Wednesday, Nov. 13, the Treasury Department releases federal budget data for August. (AP Photo/Patrick Semansky, File)
November 13, 2019 - 2:02 pm
WASHINGTON (AP) — The federal government began the new budget year with a deficit in October 33.8% larger than a year earlier. That was after ending the 2019 budget year with the highest deficit in seven years. The Treasury Department says the deficit last month totaled $134.5 billion, up from a...
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This Sept. 18, 2019, photo shows the view of the U.S. Capitol building from the Washington Monument in Washington. The federal deficit for the 2019 budget year is expected to have soared to near $1 trillion, up more than $200 billion from last year and the largest such gap in seven years. (AP Photo/Patrick Semansky)
October 25, 2019 - 7:07 pm
WASHINGTON (AP) — The Trump administration reported a river of red ink Friday. The federal deficit for the 2019 budget year surged 26% from 2018 to $984.4 billion — its highest point in seven years. The gap is widely expected to top $1 trillion in the current budget year and likely remain there for...
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This Sept. 18, 2019, photo shows the view of the U.S. Capitol building from the Washington Monument in Washington. The federal deficit for the 2019 budget year is expected to have soared to near $1 trillion, up more than $200 billion from last year and the largest such gap in seven years. (AP Photo/Patrick Semansky)
October 25, 2019 - 5:25 pm
WASHINGTON (AP) — The Trump administration reported a river of red ink Friday. The federal deficit for the 2019 budget year surged 26% from 2018 to $984.4 billion — its highest point in seven years. The gap is widely expected to top $1 trillion in the current budget year and likely remain there for...
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Anti-government protesters with the colors of the Lebanese national flag painted on their faces and with Arabic that reads "Revolution," pose for a photograph in front of the government palace in Beirut, Lebanon, Monday, Oct. 21, 2019. Protesters have closed major roads around Lebanon ahead of an emergency Cabinet meeting to discuss a rescue plan for the country's crumbling economy. AP Photo/Hassan Ammar)
October 21, 2019 - 12:21 pm
BEIRUT (AP) — Lebanon's Cabinet approved a package of economic reforms and a 2020 budget with no new taxes on Monday, hoping to appease the thousands of protesters that have taken to the streets for the last five days to demand the government step down. Prime Minister Saad Hariri described the...
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Anti-government protesters shout slogans in Beirut, Lebanon, Sunday, Oct. 20, 2019. Tens of thousands of Lebanese protesters of all ages gathered Sunday in major cities and towns nationwide, with each hour bringing hundreds more people to the streets for the largest anti-government protests yet in four days of demonstrations. (AP Photo/Hassan Ammar)
October 21, 2019 - 10:04 am
BEIRUT (AP) — Lebanon's Cabinet approved sweeping reforms on Monday, hoping to appease the thousands of protesters that have taken to the streets for the last five days to demand the government step down. Prime Minister Saad Hariri described the measures as a "financial coup," saying no government...
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