Tag: Treasury Department
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,...
Too risky? Fed pressed to expand business aid
WASHINGTON – With the economy still in the pandemic’s grip, the Federal Reserve is facing a decision on whether to stretch an emergency lending...
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