Government debt

FILE- In this May 15, 2019, file photo Treasury Secretary Steve Mnuchin testifies about the budget during a Financial Services and General Government subcommittee hearing on Capitol Hill in Washington. In a letter Friday, July 12, to House and Senate leaders, Mnuchin told congressional leaders that Congress should raise the debt ceiling before leaving for its August recess. He says he could run out of maneuvering room to avoid an unprecedented default on the national debt before lawmakers return. (AP Photo/Jacquelyn Martin, File)
July 12, 2019 - 1:37 pm
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin told congressional leaders that the debt ceiling should be raised before lawmakers leave for their August recess to avert the potential of an unprecedented default on the national debt. In a letter to House and Senate leaders Friday, Mnuchin said...
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House Speaker Nancy Pelosi of Calif. listens to a question as she meets with reporters on Capitol Hill in Washington, Thursday, July 11, 2019. (AP Photo/Andrew Harnik)
July 11, 2019 - 8:45 pm
WASHINGTON (AP) — House Speaker Nancy Pelosi said Thursday that she wants to complete a deal with President Donald Trump this month that would raise the government's borrowing limit and set spending levels for the coming budget year. Pelosi's office said the California Democrat spoke twice with...
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FILE - Presidential hopeful H. Ross Perot speaks at a rally in Austin, Texas, in this 1992 file photo. Perot, the Texas billionaire who twice ran for president, has died. He was 89. (AP Photo, File)
July 09, 2019 - 4:51 pm
DALLAS (AP) — H. Ross Perot rose from a childhood of Depression-era poverty to become a self-made billionaire who twice ran for president with a mixture of folksy sayings and simple solutions to America's problems. His 19% of the vote in 1992 stands among the best showings by an independent...
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Greece's newly-elected prime minister Kyriakos Mitsotakis, background, looks on as outgoing prime minister Alexis Tsipras, leaves the Maximos Mansion in Athens, Monday, July 8, 2019. Mitsotakis' New Democracy party won 39.8% of the vote, giving him 158 seats in the 300-member parliament, a comfortable governing majority. (AP Photo/Petros Giannakouris)
July 08, 2019 - 9:59 am
ATHENS, Greece (AP) — Conservative party leader Kyriakos Mitsotakis was sworn in as Greece's new prime minister Monday, a day after his resounding win over left-wing Alexis Tsipras, who led the country through the tumultuous final years of its international bailouts. Mitsotakis, 51, was elected on...
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A trader works at the New York Stock Exchange, Friday, July 5, 2019 in New York. (AP Photo/Mark Lennihan)
July 05, 2019 - 3:39 pm
Bond yields rose and stocks mostly bounced back from an early slide to finish with modest losses Friday, a downbeat end on Wall Street to an otherwise milestone-setting week for the broader market. The small decline snapped a six-day winning streak for the S&P 500, though the benchmark index...
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FILE - In this June 28, 2019, file photo, Matt Adams, center right, Legal Director of the Northwest Immigrant Rights Project, leaves the U.S. Courthouse with others after a hearing on asylum seekers in Seattle. On Tuesday, July 2, 2019, a federal judge in Seattle has blocked a Trump administration policy that would keep thousands of asylum seekers locked up while they pursue their cases. (AP Photo/Elaine Thompson, File)
July 02, 2019 - 7:15 pm
SEATTLE (AP) — A federal judge in Seattle on Tuesday blocked a Trump administration policy that would keep thousands of asylum-seekers locked up while they pursue their cases, saying the Constitution demands that such migrants have a chance to be released from custody. U.S. District Judge Marsha...
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FILE - In this Thursday, Jan. 4, 2019 file photo, International Monetary Fund Managing Director Christine Lagarde, attends a session of the annual meeting of the World Economic Forum in Davos, Switzerland. European Union leaders on Tuesday, July 2, 2019, after a lengthy session of talks, have nominated Christine Lagarde as a candidate for the post of European Central Bank president. (AP Photo/Markus Schreiber, File)
July 02, 2019 - 2:53 pm
FRANKFURT, Germany (AP) — Christine Lagarde, nominated to head the European Central Bank, has a politician's ability to communicate and forge compromise, skills she will need to follow Mario Draghi's performance as the central banker credited with defusing the eurozone's debt crisis with a few well...
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Matt Adams, center right, Legal Director of the Northwest Immigrant Rights Project, leaves the U.S. Courthouse with others after a hearing on asylum seekers there Friday, June 28, 2019, in Seattle. A federal judge heard a challenge to a new Trump administration policy, scheduled to take effect next month, that would keep thousands of asylum seekers locked up while they pursue their cases, instead of allowing them to be released on bond. It targets immigrants who have recently entered the U.S. without permission and have demonstrated a credible fear of persecution or torture if returned to their home country. (AP Photo/Elaine Thompson)
June 28, 2019 - 5:02 pm
SEATTLE (AP) — Immigrant rights activists on Friday asked a U.S. judge to block a new Trump administration policy that would keep thousands of asylum seekers locked up while they pursue their cases, instead of giving them a chance to be released on bond. Attorney General William Barr announced the...
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Senate Minority Leader Chuck Schumer, D-N.Y., talks to reporters at the Capitol in Washington, Tuesday, June 18, 2019. (AP Photo/J. Scott Applewhite)
June 19, 2019 - 7:37 pm
WASHINGTON (AP) — Trump administration bargainers offered a one-year budget freeze and said Democratic spending demands remained too high as talks with congressional leaders aimed at averting deep cuts in defense and domestic programs seemed no closer to resolution Wednesday. After White House...
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Senate Majority Leader Mitch McConnell, R-Ky., joined by his GOP leadership team, answers questions on Iran and the withdrawal of acting Defense Secretary Patrick Shanahan, during a news conference at the Capitol in Washington, Tuesday, June 18, 2019. (AP Photo/J. Scott Applewhite)
June 18, 2019 - 6:17 pm
WASHINGTON (AP) — The top Republican and Democrat on a key Senate panel have agreed on a $4.6 billion measure to house and care for immigrant refugees flocking across the U.S.-Mexico border — a long-delayed step toward averting a humanitarian tragedy at overcrowded and inadequate federal facilities...
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