Government programs

FILE - In this March 10, 2020, file photo, Democratic presidential candidate former Vice President Joe Biden, accompanied by his wife Jill, speaks to members of the press at the National Constitution Center in Philadelphia. Biden has no foreseeable plans to resume in-person campaigning amid a pandemic that is testing whether a national presidential election can be won by a candidate communicating almost entirely from home. (AP Photo/Matt Rourke)
May 12, 2020 - 8:50 pm
Joe Biden has no foreseeable plans to resume in-person campaigning amid a pandemic that is testing whether a national presidential election can be won by a candidate communicating almost entirely from home. The virtual campaign Biden is waging from Wilmington, Delaware, is a stark contrast with...
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FILE - In this Monday, April 6, 2020 file photo, chairs and tables are piled in front of a bar in St. Mark's Square, in Venice during a lockdown to prevent the spread of the coronavirus. The coronavirus outbreak is straining social safety nets across the globe - and underlining sharp differences in approach between wealthy societies such as the United States and Europe. In Europe, the collapse in business activity is triggering wage support programs that are keeping millions on the job, for now. (AP Photo/Andrew Medichini, File)
May 10, 2020 - 4:18 am
The coronavirus pandemic is straining social safety nets across the globe — and underlining sharp differences in approach between wealthy societies such as the United States and Europe. In Europe, the collapse in business activity is triggering wage support programs that are keeping millions on the...
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View of the Eiffel Tower from the deserted Concorde square during nationwide confinement measures to counter the Covid-19, in Paris, Friday, May 8, 2020. France continues to be under an extended stay-at-home order until May 11 in an attempt to slow the spread of the COVID-19 pandemic. (AP Photo/Thibault Camus)
May 09, 2020 - 1:50 pm
The Latest on the effects of the coronavirus outbreak on sports around the world: ___ Two players at German second division side Dynamo Dresden have tested positive for the coronavirus, putting on hold the club’s planned return to soccer next weekend. Dresden was to play Hannover away on May 17...
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FILE - In this July 10, 2016, file photo, Simone Biles competes on the balance beam during the women's U.S. Olympic gymnastics trials in San Jose, Calif. At least 70 percent of U.S. Olympic sports organizations have applied for government loans in the coronavirus pandemic, underscoring the frailties within the world’s most dominant Olympic sports system. (AP Photo/Gregory Bull, File)
May 08, 2020 - 11:09 am
DENVER (AP) — At least 70 percent of U.S. Olympic sports organizations have applied for government funds during the coronavirus pandemic, a stark financial reality that underscores the frailties within the world’s most dominant Olympic sports system. The Associated Press surveyed 44 of the country'...
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FILE - In this March 9, 2020, file photo Democratic presidential candidate former Vice President Joe Biden speaks during a campaign rally at Renaissance High School in Detroit. Given Biden’s uneven performance as a campaigner throughout the Democratic primary, some in the party are content to have the former vice president keeping a lower profile for now, though they know it’s not a dynamic that can sustain itself as Election Day draws closer. (AP Photo/Paul Sancya, File)
May 07, 2020 - 7:46 pm
WASHINGTON (AP) — Joe Biden ventured back onto the campaign trail Thursday, targeting the critical battleground state of Florida — but without actually leaving home. The presumptive Democratic presidential nominee is staying in his Delaware house amid efforts to slow the spread of the coronavirus,...
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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 - 10:00 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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May 06, 2020 - 5:55 pm
BAGHDAD (AP) — Iraq’s former spy chief was sworn in as prime minister by lawmakers early Thursday after weeks of tense political negotiations as the country faces a severe economic crisis spurred by plummeting oil prices and the coronavirus pandemic. The majority of 255 legislators attending the...
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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 - 8:02 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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This Sept. 18, 2019 photo shows the U.S. Treasury Department building viewed from the Washington Monument in Washington. The Treasury Department says it will need to borrow a record $2.99 trillion during the current April-June quarter to cover the cost of various rescue efforts dealing with the coronavirus pandemic. Treasury said Monday, May 4, 2020 that the $2.99 trillion it plans to borrow this quarter will far surpass the $530 billion quarterly borrowing it did in the July-September 2008 quarter as it dealt with the 2008 financial crisis. The extraordinary sum of $2.99 trillion of borrowing in a single quarter dwarfs the $1.28 trillion the government borrowed in the bond market for all of 2019. (AP Photo/Patrick Semansky)
May 04, 2020 - 4:49 pm
WASHINGTON (AP) — The economic paralysis triggered by the coronavirus pandemic is forcing the U.S. Treasury to borrow far more than it ever has before — $2.99 trillion in the current quarter alone. The amount is more than five times the government’s previous record borrowing for a quarter, $569...
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This April 29, 2020 photo provided by Rodney Morine, shows Morine preparing to make a delivery in Opelousas, La. Morine believes his second chance is no better than his first to secure a loan through a government program intended to help small businesses like his survive the pandemic. “I have zero confidence,” said Morine, an independent truck driver in Opelousas, Louisiana, whose revenues have dropped by half since the coronavirus outbreak hit the U.S. (Amani Simmons via AP)
May 04, 2020 - 12:42 am
WASHINGTON (AP) — Rodney Morine believes his second chance is no better than his first to secure a loan through a government program intended to help small businesses like his survive the pandemic. “I have zero confidence,” said Morine, an independent truck driver in Opelousas, Louisiana, whose...
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