Government taxation and revenue

The Supreme Court is seen in Washington, early Monday, June 15, 2020. (AP Photo/J. Scott Applewhite)
June 30, 2020 - 1:07 pm
WASHINGTON (AP) — States can't cut religious schools out of programs that send public money to private education, a divided Supreme Court ruled Tuesday. By a 5-4 vote with the conservatives in the majority, the justices upheld a Montana scholarship program that allows state tax credits for private...
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FILE - In this April 21, 2020, file photo Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room of the White House in Washington. The Trump administration has abruptly dropped on Friday, June 19, its insistence on secrecy for a $600 billion-plus coronavirus aid program for small businesses. Mnuchin refused to do so at a Senate hearing last week, saying the data was “proprietary information.” (AP Photo/Alex Brandon, File)
June 25, 2020 - 4:03 pm
WASHINGTON (AP) — Nearly 1.1 million coronavirus relief payments totaling some $1.4 billion went to dead people, a government watchdog reported Thursday. Legal and political issues hang over the misdirected taxpayer funds, the latest example of errors in massive aid being dispensed at crisis speed...
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FILE - In this June 23, 2020, file photo orange barriers enclose chairs and tables that will be used for dining along Sixth Street between Liberty and Penn avenues in downtown Pittsburgh. A report by Moody’s Analytics, a private sector economic research firm, released Wednesday, June 24, is warning anew of continuing damage to the economy if Washington doesn’t deliver several hundred billion dollars in budget relief to states and local governments amid the coronavirus pandemic. (AP Photo/Gene J. Puskar, File)
June 24, 2020 - 3:56 pm
WASHINGTON (AP) — A new private sector report is warning anew of continuing damage to the economy if Washington doesn’t deliver several hundred billion dollars in budget relief to states and local governments amid the coronavirus pandemic. But Wednesday’s report by Moody’s Analytics, a private...
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Model homes and for sale signs line the streets as construction continues at a housing plan in Zelienople, Pa., Wednesday, March 18, 2020. U.S. home sales jumped in February to their highest level in 13 years, a trend that will almost certainly be reversed as the viral outbreak keeps more people at home. (AP Photo/Keith Srakocic)
June 22, 2020 - 10:34 am
WASHINGTON (AP) — Existing home sales in the U.S. plunged 9.7% in May. It was the third straight monthly decline and further evidence of the harm the virus pandemic has done to the housing market. The National Association of Realtors said Monday that the monthly decline pushed sales down to a...
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Visitors wearing face masks to prevent the spread of the new coronavirus, take a selfie at the Hong Kong Disneyland on Thursday, June 18, 2020. Hong Kong Disneyland on Thursday opened its doors to visitors for the first time in nearly five months, at a reduced capacity and with social distancing measures in place. The theme park closed temporarily at the end of January due to the coronavirus outbreak, and is the second Disney-themed park to re-open worldwide, after Shanghai Disneyland. (AP Photo/Kin Cheung)
June 18, 2020 - 4:53 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of the virus. ________________________ TRAVEL & LEISURE: — Hong Kong Disneyland...
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German Chancellor Angela Merkel attends a special cabinet meeting of the German government about the a stimulus program to booster the German economy after the coronavirus lockdown, at the chancellery in Berlin, Germany, Friday, June 12, 2020. (AP Photo/Markus Schreiber, Pool)
June 12, 2020 - 6:31 am
BERLIN (AP) — Germany’s Cabinet has approved a temporary cut in value-added tax starting next month in a bid to boost consumer demand in Europe’s biggest economy, a centerpiece of the country’s 130 billion-euro ($148 billion) stimulus package. The finance minister made clear Friday that he doesn't...
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FILE - In this Dec. 9, 2019, file photo mist rolls over the U.S. Capitol dome on Capitol Hill in Washington. The federal government recorded a budget deficit of $1.88 trillion for the first eight months of 2020, larger than even any annual shortfalls in U.S. history. The sea of red ink grew as government spending shot up to deal with the coronavirus pandemic and tax revenue shrank when millions lost their jobs. (AP Photo/Patrick Semansky, File)
June 10, 2020 - 3:09 pm
WASHINGTON (AP) — The federal government recorded a budget deficit of $1.88 trillion for the first eight months of this budget year, larger than even any annual shortfalls in U.S. history. The sea of red ink grew as government spending shot up to deal with the coronavirus pandemic and tax revenue...
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FILE - In this Thursday, March 19, 2020, file photo, a public school employee sanitizes a sink in a bathroom at a U.S. high school. Jobs with state and city governments are usually a source of stability in the U.S. economy, but the financial devastation wrought by the coronavirus pandemic has forced cuts that will reduce public services, from schools to trash pickup. (AP Photo/Charlie Neibergall, File)
June 06, 2020 - 11:19 am
Jobs with state and city governments are usually a source of stability in the U.S. economy, but the financial devastation wrought by the coronavirus pandemic has forced cuts that will reduce public services — from schools to trash pickup. Even as the U.S. added some jobs in May, the number of...
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In this May 11, 2020 photo, President Donald Trump points to a question as he speaks about the coronavirus during a press briefing in the Rose Garden of the White House in Washington. Trump has many targets in his war against the media but perhaps none more surprising than the Voice of America, the venerable U.S.-government funded institution created during WWII and expanded during the Cold War to broadcast independent news and promote democracy and American values to the world. In a series of attacks, Trump and his supporters have accused the outlet of “disgraceful” reporting. They're now pushing hard to install their choice to run the agency that oversees VOA and its affiliates. That battle is about to hit Congress, where partisan lines have already been drawn over fears the administration wants to turn them into Trump propaganda machines. (AP Photo/Alex Brandon)
June 04, 2020 - 7:09 pm
WASHINGTON (AP) — A divided Senate voted along party lines Thursday to confirm President Donald Trump’s choice to head the Voice of America and other U.S. government-funded international broadcasters that have been the subject of harsh criticism from the White House. Despite significant Democratic...
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June 04, 2020 - 5:36 pm
The majority of U.S. public school districts need to make major building repairs in at least half of their schools, yet many districts are unable to pay for updates or have postponed them to improve security in case of a shooting, according to a federal report. The U.S. Government Accountability...
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