Tag: Treasury Department
For ‘unbanked,’ ending tax refund checks presents big problem
More than 6 million Americans receive paper tax refund checks annually. Often, those refunds go to purchase groceries or pay the bills. But this...
Treasury Dept. now taking ‘extraordinary measures’ on debt
WASHINGTON (AP) – The countdown toward a possible U.S. government default is in the offing, and frictions between President Joe Biden and House Republicans are...
McKee commits $9.5M for residents experiencing housing insecurity
PROVIDENCE – Gov. Daniel J. McKee and the R.I. Department of Housing on Friday committed $9.5 million in federal funding to support state residents...
Pandemic relief money spent on hotel, ballpark, ski slopes
WASHINGTON (AP) – Thanks to a sudden $140 million cash infusion, officials in Broward County, Florida, recently broke ground on a high-end hotel that...
After huge pandemic losses, governments see rapid rebound
State and local governments lost at least $117 billion of expected revenue early in the pandemic, according to an Associated Press analysis, but many...
U.S. monthly budget deficit eases to $165B in Oct., down 42%...
The United States monthly budget deficit fell in October as the government collected more taxes from individuals and corporations thanks to a much improved...
U.S. budget deficit rises to $2.71 trillion through August
WASHINGTON (AP) – The United States budget deficit rose to $2.71 trillion through August, on track to be the second largest in history due...
Feds report most rental assistance has still not gone out
BOSTON (AP) – Only 11% of the tens of billions of dollars in federal rental assistance has been distributed, the Treasury Department said Wednesday,...
More red ink: U.S. budget deficit through July hit $2.54T
WASHINGTON (AP) – The United States budget deficit hit $2.54 trillion for the first 10 months of this budget year, fed by spending to...
U.S. budget deficit hits record $3 trillion through 11 months
WASHINGTON (AP) – The United States budget deficit hit an all-time high of $3 trillion for the first 11 months of this budget year,...
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