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FILE - A concrete pump frames the Capitol Dome during renovations and repairs to Lower Senate Park on Capitol Hill in Washington, Tuesday, May 18, 2021. Plans to pump money into rebuilding the nation’s roads, bridges and other infrastructure could give companies that make machinery and materials a solid foundation for growth. (AP Photo/J. Scott Applewhite, file)
Infrastructure spending promises boost for construction cos.

By Damian J. Troise Jun. 25, 2021 02:04 PM EDT

A sign displays the price of a 65-inch television lined up with countless other televisions in a Costco warehouse on Thursday, June 17, 2021, in Loen Tree, Colo.    The Commerce Department said Thursday, June 24 that growth in the gross domestic product, the country’s total output of goods and services, was unchanged from two previous estimates.(AP Photo/David Zalubowski)
US economy grows 6.4% in Q1, and it's likely just the start

By Martin Crutsinger Jun. 24, 2021 09:58 AM EDT

Delaware House approves budget bill for upcoming fiscal year

By Randall Chase Jun. 23, 2021 05:56 PM EDT
DOVER, Del. (AP) — House lawmakers on Wednesday approved a spending plan for the fiscal year starting July 1 that adds hundreds of millions of dollars to the...

Panel OKs NC Senate budget bill; Dems pan policy provisions

By Gary D. Robertson Jun. 22, 2021 03:20 PM EDT
RALEIGH, N.C. (AP) — Senate Republicans pushed their North Carolina government budget proposal through the chamber's largest committee Tuesday, rejecting...

Gas price is seen at a Mobil gas station in Vernon Hills, Ill., Friday, June 11, 2021. The rising cost of gasoline is being felt across the U.S., as the national average price has gone up from $2 per gallon last year to $3 per gallon as of June 9, according to data from the American Automobile Association. (AP Photo/Nam Y. Huh)
Republicans point to inflation in bid to retake Congress

By Will Weissert And Josh Boak Jun. 18, 2021 10:33 AM EDT

FILE - This May 4, 2021, photo shows the Treasury Building in Washington. The U.S. budget deficit hit a record $2.06 trillion through the first eight months of this budget year as coronavirus relief programs drove spending to all-time highs. The shortfall this year is 9.7% higher than the $1.88 trillion deficit run up over the same period a year ago, the Treasury Department said Wednesday, June 9, 2021 in its monthly budget report. (AP Photo/Patrick Semansky, file)
US budget deficit for current year hits record $2.1 trillion

By Martin Crutsinger Jun. 10, 2021 03:36 PM EDT

Mexico's President Andres Manuel Lopez Obrador waves to supporters as he walks with first lady Beatriz Gutierrez after voting in congressional, state and local elections in Mexico City, Sunday, June 6, 2021. Mexicans on Sunday were electing the entire lower house of Congress, almost half the country's governors and most mayors in a vote that will determine if  Obrador's Morena party gets the legislative majority. (AP Photo/Marco Ugarte)
Mexico president appears to hold key majority in elections

By Mark Stevenson And María Verza Jun. 07, 2021 12:23 AM EDT

President Joe Biden talks about the May jobs report from the Rehoboth Beach Convention Center in Rehoboth Beach, Del., Friday, June 4, 2021. (AP Photo/Susan Walsh)
Biden says jobs report bolsters case for government spending

By Josh Boak Jun. 05, 2021 12:38 AM EDT

President Joe Biden talks about the May jobs report from the Rehoboth Beach Convention Center in Rehoboth Beach, Del., Friday, June 4, 2021. (AP Photo/Susan Walsh)
Biden says jobs report bolsters case for government spending

By Josh Boak Jun. 04, 2021 03:33 PM EDT

File - In this Wednesday, Nov. 11, 2020 file photo, people walk by an electronic stock board of a securities firm in Tokyo. The global economic rebound from the pandemic has picked up speed but remains uneven across countries and faces multiple headwinds including the lack of vaccines in poorer nations. That could lead to new virus variants and more stop-and-go lockdowns, the Organization for Economic Cooperation and Development, OECD said in its latest forecast. (AP Photo/Koji Sasahara, File)
Forecast: Global economy rebounding, faces multiple threats

By David Mchugh May. 31, 2021 04:32 AM EDT

FILE - In this Feb. 8, 2021 file photo, Mexican President Andres Manuel Lopez Obrador gives his daily morning press conference following a two-week absence after he tested positive for the new coronavirus, at the National Palace in Mexico City. The Mexican leader has refused to mandate mask wearing or a declare any lockdown. And his obsessive drive to slash government spending may have contributed to the safety downgrade, which apparently involved insufficient staffing and oversight at airports. Lopez Obrador lashed out on both fronts Thursday, May 27, 2021, criticizing other governments rather than recognize any Mexican shortcomings. (AP Photo/Marco Ugarte, File)
Despite setbacks, Mexican president goes on offensive

May. 27, 2021 01:09 PM EDT

Senate Finance Chairman Bodi White, R-Central, left, and Sen. Ronnie Johns, R-Lake Charles, ready for a discussion of the Senate's budget proposal in a meeting of the Senate Finance Committee on Monday, May 24, 2021, in Baton Rouge, La. (AP Photo/Melinda Deslatte)
Louisiana Senate releases $37B budget proposal for next year

By Melinda Deslatte May. 24, 2021 06:36 PM EDT

Landscape is seen in Tokyo on March 31, 2021. The Japanese economy contracted at an annual rate of 5.1% in January-March, slammed by a plunge in spending over the coronavirus pandemic, according to government data released Tuesday, May 18, 2021. (AP Photo/Eugene Hoshiko)
Japan's economy shrinks 5.1% as pandemic dries up spending

By Yuri Kageyama May. 17, 2021 09:34 PM EDT

Lawmakers OK COVID-19 spending bills; budget chief concerned

By David Eggert May. 13, 2021 03:48 PM EDT
LANSING, Mich. (AP) — Michigan legislators on Thursday approved mid-year spending bills, including billions of federal coronavirus relief to boost pay for...

Heavy machinery work on a major road project in Sydney, Australia, Tuesday, May 11, 2021. The Australian government will release its big-spending economic plan for the next fiscal year on Tuesday designed to create jobs and repair pandemic damage and with an eye toward winning votes at looming general elections. (AP Photo/Mark Baker)
Australia plans big defense and security investments

By Rod Mcguirk May. 11, 2021 06:02 AM EDT

FILE - In this June 7, 1978 file photo, Paul Gann, left, and Howard Jarvis, right, celebrate as their co-authored tax initiative Proposition 13 takes a commanding lead and ultimately won in the California primary in Los Angeles. California Gov. Gavin Newsom announced Monday, May 10, 2021, he plans to send money back to most state taxpayers because the state is projected to exceed a voter-approved limit on appropriations for only the second time ever. The limit is named after Paul Gann, a conservative activist who died in 1989 who campaigned for the limit. (AP Photo/File)
Decades later, California's 'Gann limit' back in spotlight

By Adam Beam May. 10, 2021 08:08 PM EDT

President Joe Biden answers a question from a reporter after speaking about the economy, in the East Room of the White House, Monday, May 10, 2021, in Washington. (AP Photo/Evan Vucci)
Treasury to start paying out $350B in state and local aid

By Josh Boak May. 10, 2021 01:00 PM EDT

Hiring signs are posted outside a gas station in Cranberry Township, Butler County, Pa., Wednesday, May 5, 2021.  The U.S. Chamber of Commerce is calling for Washington to immediately stop paying out-of-work Americans an extra $300 a week in unemployment benefits, Friday, May 7, saying the boost in government aid is giving some recipients less incentive to look for work. (AP Photo/Keith Srakocic)
Weak jobs report spurs new arguments over big fed spending

By Josh Boak May. 07, 2021 01:05 PM EDT

Senate President Wilton Simpson, left, and Speaker of the House Chris Sprowls smile as they speak with members of the media after the end of a legislative session, Friday, April 30, 2021, at the Capitol in Tallahassee, Fla. (AP Photo/Wilfredo Lee)
COVID? What COVID? Florida passes $101.5 B budget

By Brendan Farrington Apr. 30, 2021 05:11 PM EDT

FILE - In this Feb. 2, 2021 file photo, a few people walking at the main shopping street are seen through a closed gate of an abandoned shopping center during the lockdown in Essen, Germany. The European Union statistics agency Eurostat announces first-quarter growth figures for the 19 countries that use the euro. (AP Photo/Martin Meissner, File)
Europe's economy shrinks in first quarter as US rolls ahead

By David Mchugh Apr. 30, 2021 05:39 AM EDT

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