Government taxation and revenue

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 - 1:03 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 April 23, 2020, file photo, President Donald Trump's name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak, in San Antonio. Hundreds of thousands of dollars in coronavirus relief payments have been sent to people behind bars across the United States, and now the IRS is asking state officials to help claw back the cash that the federal tax agency says was mistakenly sent. (AP Photo/Eric Gay, File)
June 24, 2020 - 10:01 am
BOISE, Idaho (AP) — Hundreds of thousands of dollars in coronavirus relief payments have been sent to people behind bars across the United States, and now the IRS is asking state officials to help claw back the cash that the federal tax agency says was mistakenly sent. The legislation authorizing...
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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)
Associated Press
June 22, 2020 - 7:34 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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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 - 3:31 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 - 12:09 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 - 8:19 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 - 4:09 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 - 2:36 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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In this Wednesday, June 3, 2020 photo, signs about social distancing and other protocols are seen about the theme park as guests walk by at Universal Orlando Resort Wednesday, June 3, 2020, in Orlando, Fla. The theme park reopened for season pass holders and will open to the general public on Friday, June 5. (AP Photo/John Raoux)
June 04, 2020 - 7:06 am
ORLANDO, Fla. (AP) — With masks on their faces and temperature checks at entrances, Harry Potter fans and roller coaster lovers streamed back into Universal Orlando Resort this week in one of the first major steps toward reviving Florida’s theme park industry, which was left temporarily moribund by...
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FILE - In this Sunday, March 22, 2020, file photo, Gov. Gina Raimondo gives an update on the coronavirus during a news conference, in Providence, R.I. Many states have yet to spend the federal funding they got to help with soaring costs related to the coronavirus crisis, making it tougher for states and cities to argue that they need hundreds of billions more from U.S. taxpayers. “If I knew today that another billion dollars was coming to Rhode Island to help solve our budget deficit, I’d spend the $1.25 billion now,” Raimondo said about the state's portion of money. “Lots of other governors are spending. They’re taking a gamble, and I’m just not ready to do that yet.” (Kris Craig/Providence Journal via AP, Pool, File)
May 31, 2020 - 6:51 am
Many states have yet to spend the federal funding they received more than a month ago to help with soaring costs related to the coronavirus crisis, complicating governors' arguments that they need hundreds of billions more from U.S. taxpayers. The Associated Press reviewed plans from governors or...
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