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Stories tagged: spending


Senate blocks Trump plan to cut $15B in unused spending

The Republican-controlled Senate on Wednesday blocked a White House plan to cut almost $15 billion in unused government money slated for children’s health insurance and other programs.


With general election contest still ahead, Idaho gov hopefuls already have spent more than $11 million

The post-primary numbers are in for campaign spending in the primary race for Idaho governor this year, and they’re pretty eye-popping.


UPDATED: Tue., June 19, 2018, 12:32 p.m.

Independent allies helped boost spending in Idaho primary

An unprecedented amount of money from independent allies helped boost contenders in Idaho’s primary election.


Senate backs bill blocking deal with Chinese telecom firm

The Senate on Monday approved a defense policy bill that includes a pay raise for the military and would block a White House plan to allow Chinese telecom giant ZTE …


Businesses increased spending after the tax bill, but the U.S. economy waiting on that promised big boost

Although surveys show businesses are planning to do more spending following the federal tax overhaul, experts said it’s unclear if the law will produce the big sustained boost to capital …


UPDATED: Wed., May 16, 2018, 4:04 p.m.

EPA’s Pruitt faces senators’ question on spending, security

Environmental Protection Agency chief Scott Pruitt faced tough questioning Wednesday from senators about ethics investigations involving his travel spending, security precautions and large raises for young aides.


Trump proposing billions in spending cuts to Congress

The White House is finalizing a multibillion-dollar roster of proposed spending cuts but is leaving this year’s $1.3 trillion catchall spending bill alone.


UPDATED: Mon., April 9, 2018, 9:38 p.m.

Analysis: Tax cuts, spending to raise deficit to $1 trillion by 2019

The combined effect of President Donald Trump’s tax cuts and last month’s budget-busting spending bill is sending the government’s budget deficit toward the $1 trillion mark next year, according to …


UPDATED: Mon., April 2, 2018, 3:37 p.m.

U.S. construction spending grew just 0.1 percent in February

Spending on U.S. construction projects ticked up a mere 0.1 percent in February from the prior month, a sign that a growing economy is doing little to spur a more …


UPDATED: Tue., March 27, 2018, 9:33 p.m.

Trump suggests paying for U.S. border wall with Pentagon funds

President Donald Trump is floating the idea of using the military’s budget to pay for his long-promised border wall with Mexico.


Conservatives lash out at GOP spending binge

The GOP is the party of fiscal responsibility no more. That’s according to some conservatives who are grappling with a Republican-backed spending binge that threatens to generate trillion-dollar deficits for …


Builders up spending by 0.7 pct; signs of pressure emerge

U.S. builders pushed construction spending up 0.7 percent in December to a record high, though it was the weakest performance since they began to emerge from the financial crisis.


UPDATED: Wed., Dec. 20, 2017, 8:07 p.m.

Shutdown clock ticking, GOP struggling for spending deal

With a shutdown clock ticking toward a Friday midnight deadline, congressional Republicans scrambled on Wednesday to finalize a must-pass spending bill.


Will tax plan turn cash-hoarding companies into spenders?

The $2.6 trillion in cash that U.S. companies have stored abroad is enough to send a check for more than $7,000 to every man, women and child in the country. …


Lack of transparency clouds Texas spending after Harvey

Texas has been awarded billions in federal aid to help recover from Hurricane Harvey and the devastating flooding that followed, but it’s unclear how the state is spending its share …


U.S. construction spending up a strong 1.4 percent in October

U.S. construction spending surged 1.4 percent in October, the best gain in five months, with all major categories of building posting gains.


Tax-cut debate ignores budget reality

We’ve been through enough cycles of power change in Washington, D.C., to say with certainty that neither political party is serious about balancing the budget.


U.S. construction spending up 0.3 percent in September

U.S. construction spending increased 0.3 percent in September as the biggest advance in government building activity in four months offset weakness in other areas.


Amazon, Facebook and Google beef up lobbying spending

Facebook, Google and Amazon bolstered their lobbying spending in the past three months as Washington takes a closer look at the market power of some of America’s biggest tech companies.


UPDATED: Wed., Oct. 4, 2017, 12:20 p.m.

GOP budgets to permit first steps on tax overhauls

Congressional Republicans on Wednesday kicked off debate on House and Senate budget plans that promise slashing cuts to social programs – but whose real purpose is to grease the skids …


U.S. construction spending rebounded 0.5 percent in August

U.S. construction spending rebounded in August after two months of declines, helped by strength in home building, nonresidential construction and state and local government construction.


Madrid tightens grip over Catalan spending to quash vote

MADRID – Spain’s central authorities have increased their control over Catalonia’s regional spending to make sure that no funds are diverted to paying for a suspended independence referendum, the country’s …


UPDATED: Thu., Sept. 14, 2017, 4:43 p.m.

House passes $1.2 trillion spending bill

The Republican-led House on Thursday passed a sweeping $1.2 trillion spending bill that provides billions more dollars for the military while sparing medical research and popular community development programs from …


U.S. construction spending drops 0.6 percent in July

U.S. construction spending fell in July for the third time in four months as strength in home construction was not enough to offset weakness in nonresidential building and government projects.


McConnell says ‘zero chance’ Congress will fail to raise debt ceiling

Senate Majority Leader Mitch McConnell, R-Ky., said Monday that there was “zero chance, no chance” Congress would fail to raise the debt ceiling by late September, though he offered no …


UPDATED: Fri., Aug. 4, 2017, 2:48 p.m.

Defense to get historically high share of research budget

The Pentagon and other security agencies’ outsize consumption of federal research money would grow further under Republican plans, while nondefense research spending would drop, sometimes dramatically, a new congressional report …


Robert J. Samuelson: Health care debate emotional, not rational

What we want as individuals (unlimited care) may not be good for the larger society (overspending on health care).


U.S. retail sales slide 0.3 percent, biggest drop in 16 months

Americans cut spending at gasoline stations, department stores and electronics shops in May as retail sales registered their biggest drop in 16 months, a cautionary sign for the economy.


UPDATED: Wed., June 7, 2017, 2:07 p.m.

Canada to increase military spending 70 percent in 10 years

Canada’s defense chief says the country plans a sharp increase in military spending.


Trump team defends budget; lawmakers have serious doubts about plan

President Donald Trump’s budget chief delivered a spirited defense of the plan’s deep spending cuts, but his agriculture secretary offered only a half-hearted endorsement of proposed reductions to farm subsidies …