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WASHINGTON — The Senate on Monday approved President Joe Biden's nomination of Janet Yellen to be the nation's 78th treasury secretary, making her the…
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WASHINGTON — The U.S. government's deficit in the first three months of the budget year was a record-breaking $572.9 billion, 60.7% higher than the same…
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US Piles Up Record October Budget Deficit Of $281.4 BillionWASHINGTON — The U.S. is starting the 2021 budget year the way the old year ended, with soaring deficits.The Treasury Department reported Thursday that…
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WASHINGTON — Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the…
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WASHINGTON — Government watchdogs are warning that a legal determination by the Trump administration could severely limit their ability to oversee more…
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Updated 5/4/20, 12:40 p.m.WASHINGTON — The economic paralysis triggered by the coronavirus pandemic is forcing the U.S. Treasury to borrow far more than…
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WASHINGTON — The federal government, which ended the 2019 budget year with its largest deficit in seven years, began the new budget year with a deficit in…