Government finance

President Donald Trump signs a coronavirus aid package to direct funds to small businesses, hospitals, and testing, in the Oval Office of the White House, Friday, April 24, 2020, in Washington. Sen. Roy Blunt, R-Mo., left, and Jovita Carranza, administrator of the Small Business Administration look on. (AP Photo/Evan Vucci)
April 24, 2020 - 4:09 pm
WASHINGTON (AP) — Spend what it takes, Washington said as it confronted the coronavirus. Well over $2 trillion later, it’s unclear where that spending will end. One of the lasting legacies of the coronavirus pandemic will be staggering debts and deficits on the U.S. balance sheet, with shortfalls...
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FILE - In this May 5, 2018, file photo, Mike Smith rides Justify to victory during the 144th running of the Kentucky Derby horse race at Churchill Downs in Louisville, Ky. The move of the Triple Crown’s first leg to Labor Day weekend due to the coronavirus pandemic will mark the first time the Derby won’t run on the first Saturday in May since 1945. (AP Photo/Morry Gash, File)
April 23, 2020 - 6:36 pm
The Latest on the effects of the coronavirus outbreak on sports around the world: ___ The governor of North Carolina is still considering a request to allow NASCAR to race at Charlotte Motor Speedway in May. Gov. Roy Cooper on Thursday extended the state’s stay-at-home order because of the...
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In this image from video, House Speaker Nancy Pelosi of Calif., speaks on the floor of the House of Representatives at the U.S. Capitol in Washington, Thursday, April 23, 2020. (House Television via AP)
April 23, 2020 - 5:14 pm
WASHINGTON (AP) — Congress delivered a nearly $500 billion infusion of coronavirus spending Thursday, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and one in six U.S. jobs. The measure passed almost unanimously,...
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FILE - In this April 17, 2019, file photo, Carolina Panthers general manager Marty Hurney speaks to the media in Charlotte, N.C. The 2020 NFL Draft is April 23-25. (AP Photo/Chuck Burton, File)
April 23, 2020 - 10:02 am
ROCK HILL, S.C. (AP) — A county in South Carolina approved a deal loaded with tax breaks for the Carolina Panthers to move their headquarters and practice site. The York County Council approved the deal in a 4-3 vote after listening to public comments during their virtual meeting on Monday, news...
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In this April 16, 2020, a few cars and trucks drive on the usually very crowded main highway around Frankfurt, Germany, that is seen in the background. As the restrictions to avoid the spreading of the coronavirus are eased, Chancellor Angela Merkel has pointed to South Korea as an example of how Germany will have to improve measures to “get ahead” of the pandemic with more testing and tracking of cases so that the rate of infections can be slowed. (AP Photo/Michael Probst)
April 22, 2020 - 7:57 pm
BERLIN (AP) — Derided by many economists for years for insisting on a balanced budget and criticized for a health care system seen as bloated and overly expensive, Germany has found itself well equipped now to weather the coronavirus pandemic. Already applauded for early actions such as social-...
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FILE - in this Wednesday, April 22, 2020 file photo, a man with a face mask and a child with an European flag attend an event of the Pulse of Europe movement to collect signatures for more support for Italy during the coronavirus and the COVID-19 outbreak in front of the Italian embassy in Berlin, Germany. European Union leaders are preparing for a new virtual summit, which will take place Thursday, April 23, 2020, to take stock of the damage the coronavirus has inflicted on the lives and livelihoods of the bloc's citizens and to thrash out a more robust plan to revive their ravaged economies. (AP Photo/Markus Schreiber, File)
April 22, 2020 - 9:51 am
BRUSSELS (AP) — European Union leaders are preparing for a new virtual summit to take stock of the damage the coronavirus has inflicted on the lives and livelihoods of around half a billion citizens and to thrash out a more robust plan to revive their ravaged economies. As some Europeans take their...
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FILE - In this June 17, 2019, file photo in Washington, a label states that these pans do not contain PFAS, perfluoroalkyl and polyfluoroalkyl substances. The White House has intervened to weaken one of the few public health protections pursued by its own administration. Documents released Friday, April 17, 2020, show the White House stepped in to limit the scope of a pending rule that would target imports of products tainted with PFAS, used in nonstick and stain-resistant frying pans, rugs, and countless other consumer products. (AP Photo/Ellen Knickmeyer, File)
April 18, 2020 - 12:06 am
WASHINGTON (AP) — The Trump White House has intervened to weaken one of the few public health protections pursued by its own administration, a rule to limit the use of a toxic industrial compound in consumer products, according to communications between the White House and Environmental Protection...
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Vice President Mike Pence arrives to speak about the coronavirus in the James Brady Press Briefing Room of the White House, Thursday, April 16, 2020, in Washington. (AP Photo/Alex Brandon)
April 18, 2020 - 12:04 am
WASHINGTON (AP) — Frustration boiled over into anger on a private call with Vice President Mike Pence as Democratic senators questioned administration officials about coronavirus testing plans but left without adequate answers. At one point in the Friday call, Maine Sen. Angus King, an independent...
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Passengers from Wuhan stand in lines designating where they will quarantine in Beijing, China, on Wednesday, April 15, 2020. Wuhan, the city at the center of the global coronavirus epidemic, lifted a 76-day lockdown and allowed people to leave for destinations across China. (AP Photo/Sam McNeil)
April 17, 2020 - 12:28 am
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: — Wuhan raises number of COVID-19 deaths by 1,290. —...
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Gladys Vega, left, executive director of Chelsea Collaborative, Inc., works with volunteers and staff members to unload a truckload of donated food to re-supply a pop-up food pantry while wearing masks out of concern for the coronavirus, Thursday, April 16, 2020, in Chelsea, Mass. The food pantry has been in place for about three weeks and provides food donated by local businesses. (AP Photo/Steven Senne)
April 16, 2020 - 4:21 pm
WASHINGTON (AP) — The massive coronavirus relief bill passed virtually unanimously by Congress last month is estimated at costing taxpayers $1.8 trillion — slightly less than the $2.2 trillion informally projected at the time by the White House. That’s according to the Congressional Budget Office,...
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