Government finance

May 11, 2020 - 12:31 pm
HARLAN, Iowa (AP) — A Kansas man who sought legal permission in Iowa to engage in a sword fight with his ex-wife is not insane but merely angry over their child custody arrangement, according to a psychological evaluation. David Ostrom, of Paola, Kansas, asked in a Jan. 3 court filing to be allowed...
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FILE - In this May 7, 2020, file photo President Donald Trump listens during a meeting about the coronavirus response in the Oval Office of the White House in Washington. Trump is hoping to persuade a Supreme Court with two of his appointees to keep his tax and other financial records from being turned over to lawmakers and a New York district attorney. The justices are hearing arguments by telephone Tuesday, May 12. (AP Photo/Evan Vucci, File)
May 10, 2020 - 10:02 am
WASHINGTON (AP) — President Donald Trump is hoping to persuade a Supreme Court with two of his appointees to keep his tax and other financial records from being turned over to lawmakers and a New York district attorney. The justices are hearing arguments by telephone Tuesday in a pivotal legal...
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A police officer talks to a man meditating in a beach reopened for sport activities after the lockdown measures imposed by the government in Barcelona, Spain, Friday, May 8, 2020. In last minute negotiations, Spain's government has secured enough parliamentary support to extend later on Wednesday the country's state of emergency. Spain has recorded over 25,600 deaths from the new coronavirus. (AP Photo/Emilio Morenatti)
May 08, 2020 - 5:24 pm
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — COVID-19 deaths spike in Ohio nursing homes. — Miss...
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In this April 23, 2020, file photo, President Donald Trump's name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak, in San Antonio. President Donald Trump, Treasury Secretary Steven Mnuchin and now the IRS are urging people who received coronavirus relief payments for a deceased taxpayer to return the money to the government. But legal experts say there is no law requiring people do that. (AP Photo/Eric Gay, File)
May 07, 2020 - 8:41 pm
President Donald Trump, Treasury Secretary Steven Mnuchin — and now the IRS — are urging people who received coronavirus relief payments for a deceased taxpayer to return the money to the government. But legal experts say there is no law requiring people do that. Some of the more than 130 million...
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FILE - In this Nov. 26, 2018, file photo, a Pacific Gas & Electric lineman works to repair a power line in fire-ravaged Paradise, Calif. California regulators will consider suspending a $200 million fine against Pacific Gas & Electric for neglecting electrical equipment that killed more than 100 people. If PG&E is granted the waiver to help it emerge from bankruptcy, it will deprive California of desperately needed money as a pandemic-driven recession depletes state revenue from sales and income taxes. (AP Photo/Rich Pedroncelli, File)
May 07, 2020 - 6:19 pm
BERKELEY, Calif. (AP) — California regulators on Thursday suspended a $200 million fine against Pacific Gas & Electric as punishment for the utility's neglect of electrical equipment that ignited a series of deadly wildfires in Northern California. The waiver approved in a unanimous vote by...
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Gov. Gavin Newsom discusses his plan for the gradual reopening of California businesses during a news conference at the Display California store in Sacramento, Calif., Tuesday, May 5, 2020. Newsom has scolded two rural counties for allowing some businesses to reopen in defiance of his statewide coronavirus restrictions. (AP Photo/Rich Pedroncelli, Pool)
May 07, 2020 - 11:00 am
SACRAMENTO, Calif. (AP) — California will have a budget shortfall of $54.3 billion because of the economic devastation wrought by the coronavirus, Gov. Gavin Newsom's administration announced Thursday, a stunning reversal for a state that had a $21 billion surplus a year ago. The state has been...
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FILE - In this Jan. 23, 1996, file photo, President Bill Clinton gestures while giving his State of the Union address to a joint session of Congress on Capitol Hill, in Washington. When he stood before Congress in 1996 and declared “the era of big government is over,” Clinton gave voice to a doctrine that permeated Democratic politics for more than two decades. Government, while necessary, shouldn't be celebrated if the party wanted to win elections. The coronavirus is changing that. Democrats are enthusiastically embracing the idea of a robust role for government in American life, abandoning concerns they might alienate the relatively narrow slice of independent voters. (AP Photo/Greg Gibson, File)
May 07, 2020 - 6:02 am
WASHINGTON (AP) — When he stood before Congress in 1996 and declared “the era of big government is over,” President Bill Clinton gave voice to a doctrine that permeated Democratic politics for more than two decades. Government, while necessary, shouldn't be celebrated if the party wanted to win...
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Spain's Prime Minister Pedro Sanchez observes a minute silence in memory of the coronavirus victims at the beginning of a parliamentary session in Madrid, Spain, Wednesday May 6, 2020. Spanish Prime Minster Pedro Sanchez is appearing before Spain's Parliament on Wednesday to ask for a fourth two-week extension of the state of emergency that has allowed his government to apply a strict lockdown in response to the COVID-19 outbreak. It appears he will have the support despite losing the backing of the main opposition party. (J.J. Guillen, Pool Photo via AP)
May 06, 2020 - 12:40 pm
MADRID (AP) — Spain’s left-wing coalition government has averted — for now — a political crisis on top of the enormous challenge the country already faces from its devastating coronavirus outbreak, which has claimed more than 25,000 lives and severely damaged the economy. Despite losing the backing...
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In this April 3, 2020, photo, a man wearing a face mask due to COVID-19 concerns stands outside a check cashing service center in the Brooklyn borough of New York. While millions of U.S. workers have already received a quick relief payment from the federal treasury through direct deposit, millions of others without traditional bank accounts must wait weeks for paper checks. Advocates for the poor say this is an opportunity to get many of those who are unbanked into the formal financial system. (AP Photo/Bebeto Matthews)
May 06, 2020 - 10:53 am
WASHINGTON (AP) — The Treasury Department is detailing how it plans to borrow a record-breaking $2.99 trillion in debt this quarter which will include issuing for the first time since 1986 a 20-year bond. The Treasury faces an unprecedented need for credit because of the trillions of dollars the...
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FILE - In this March 3, 2020, file photo, Hawaii state Department of Health microbiologist Mark Nagata demonstrates the process for testing a sample for coronavirus at the department's laboratory in Pearl City, Hawaii. An Associated Press analysis shows that some of the least-populated states, such as Hawaii, with relatively few coronavirus cases received an out-sized proportion of the $150 billion in federal money that was designed to address virus-related expenses. (AP Photo/Audrey McAvoy, File)
May 05, 2020 - 7:56 pm
Alaska, Hawaii, Montana and Wyoming are not epicenters of the coronavirus pandemic. Yet these four states scored big this spring when Congress pumped out direct federal aid, while the two hardest-hit states, New York and New Jersey, got comparatively little given the vast numbers of cases and...
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