Government finance

FILE - In this Tuesday, Nov. 12, 2019, file photo, the U.S. Capitol is seen as the sun sets in Washington. Negotiations on a package of spending bills to fund the federal government have produced a key breakthrough, though considerably more work is needed to wrap up the long-delayed measures. Top lawmakers of the House and Senate Appropriations committees on Saturday, Nov. 23, confirmed agreement on allocations for each of the 12 spending bills. (AP Photo/Manuel Balce Ceneta, File)
December 17, 2019 - 2:15 pm
WASHINGTON (AP) — A raft of expired and expiring tax breaks, including deductions for mortgage insurance premiums, college tuition and large medical bills, would be renewed under a massive government-wide funding bill approved by the Democratic-controlled House. The action comes a few days before...
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FILE - FILE - In this Feb. 2, 2019, file photo, Chairman of Hon Hai Precision Industry Co. Ltd., also known as Foxconn, Terry Gou delivers a speech during the company's annual carnival for employees in Taipei, Taiwan. A new audit says Wisconsin's economic development agency needs to modify procedures to ensure tax credits aren't awarded for Foxconn Technology Group employees who don't do work in the state. The nonpartisan Legislative Audit Bureau released its findings Tuesday, Dec. 17, 2019, and it's the second year that the audit has identified this problem. (AP Photo/Chiang Ying-ying, File)
December 17, 2019 - 1:36 pm
MADISON, Wis. (AP) — Wisconsin's economic development agency needs to modify its procedures to ensure that tax credits aren't awarded for Foxconn Technology Group employees who don't perform work in the state, which would violate state law and the contract with the company, an audit released...
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December 17, 2019 - 10:15 am
HARRISBURG, Pa. (AP) — Thirteen large financial firms are agreeing to pay $337 million to settle claims by Pennsylvania's treasury department and about a dozen other government agencies and pension funds accusing them of inflating the price of bonds issued by Fannie Mae and Freddie Mac over seven...
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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)
December 16, 2019 - 7:52 pm
WASHINGTON (AP) — House leaders on Monday unveiled a $1.4 trillion government-wide spending package that's carrying an unusually large load of unrelated provisions catching a ride on the last train out of Congress this year. A House vote is slated for Tuesday on the sprawling package, some 2,313...
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Sen. Chris Murphy, D-Conn., right, speaks at a protest outside the Supreme Court in Washington, Monday, Dec. 2, 2019, during arguments in the first gun rights case before the Supreme Court in nine years. The case was filed by three New York City gun owners who are challenging a ban on carrying a licensed handgun outside city limits to a gun range, shooting competition or second home outside city limits. (AP Photo/Susan Walsh)
December 16, 2019 - 4:08 pm
WASHINGTON (AP) — A bipartisan deal on a government spending bill would for the first time in two decades provide money for federal research on gun safety. A law adopted in the 1990's has effectively blocked such research and prohibits federal agencies from engaging in advocacy on gun-related...
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FILE - In this Nov. 12, 1976, file photo, Felix Rohatyn, head of New York's Municipal Assistance Corp. (MAC) speaks at a meeting of the University of Hartford's tax institute in Hartford, Conn. A banker who was credited with saving New York City from financial ruin, Rohatyn died Saturday, Dec. 14, 2019, at his home in Manhattan. He was 91. (AP Photo, File)
December 14, 2019 - 5:50 pm
NEW YORK (AP) — Felix Rohatyn, the financier and government adviser who was credited with helping to save New York City from ruin during the 1970s as chairman of the agency that oversaw the city's finances, died Saturday. He was 91. Rohatyn's son Nicolas Rohatyn said his father died at his...
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Democratic presidential candidate South Bend, Ind., Mayor Pete Buttigieg waits backstage as he is introduced to speak at the Iowa Farmers Union Presidential Forum, Friday, Dec. 6, 2019, in Grinnell, Iowa. (AP Photo/Charlie Neibergall)
December 13, 2019 - 11:56 pm
DES MOINES, Iowa (AP) — Kim Motl doesn’t work in the health insurance industry. But her friends and neighbors do. So when she saw Sen. Elizabeth Warren recently in Fort Dodge, Iowa, Motl pressed the Democratic presidential candidate about her “Medicare for All” plan, which would replace private...
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December 13, 2019 - 5:52 pm
MADISON, Wis. (AP) — Gov. Tony Evers' top aide warned Foxconn Technology Group last month that a scaled-down factory in Wisconsin won't qualify for tax credits unless the Taiwanese electronics giant renegotiates with the state, letters Evers' administration released Friday show. The letters...
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FILE - In this June 20, 2019 file photo, The Supreme Court is seen under stormy skies in Washington. The Supreme Court says it will hear President Donald Trump's pleas to keep his tax, bank and financial records private. (AP Photo/J. Scott Applewhite)
December 13, 2019 - 5:17 pm
WASHINGTON (AP) — The Supreme Court said Friday it will hear President Donald Trump's pleas to keep his tax, bank and financial records private, a major confrontation between the president and Congress that also could affect the 2020 presidential campaign. Arguments will take place in late March,...
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Shoppers at a retail district pass by an American lingerie company Victoria's Secrets store in Beijing on Friday, Dec. 13, 2019. China deputy trade envoy says China, U.S. have reached trade deal, will reduce punitive tariffs on each other's goods. (AP Photo/Ng Han Guan)
Associated Press
December 13, 2019 - 4:46 pm
WASHINGTON (AP) — The limited trade deal that the Trump administration and Beijing announced Friday means Americans will avoid a holiday tax increase on imported toys, clothing and smartphones. U.S. farmers can sell more soybeans and pork to China. And American companies should face less pressure...
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