Here is the latest news from The Associated Press at 11:40 p.m. EDT

By The Associated Press | Updated - Aug. 21, 2019 at 9:41 p.m. | Posted - Aug. 20, 2019 at 10:41 p.m.

WASHINGTON (AP) — President Donald Trump says he has abandoned the idea of cutting taxes to promote economic growth because the nation already has "a strong economy." Trump had said a day earlier that he was considering such a cut. His flip-flop comes after recent market volatility and amid a debate about whether the United States is heading for a slowdown that could imperil his reelection chances.

OLYMPIA, Wash. (AP) — Two people close to Washington Gov. Jay Inslee have told The Associated Press that he intends to seek a third term as governor. The news comes after Inslee announced the end of his presidential campaign on MSNBC earlier Wednesday. The two people close to Inslee say he will announce his reelection intentions in an email to supporters Thursday. They were not authorized to discuss the announcement publicly and spoke to the AP on Wednesday on condition of anonymity.

FORT LAUDERDALE, Fla. (AP) — Jeffrey Epstein took steps in the days before he died to shield his fortune from the dozens of women who say he sexually abused them when they were teens. Prior to his jailhouse suicide, Epstein signed a will that puts more than $577 million in assets in a trust fund, which could make it more difficult for accusers to collect damages. Estate lawyers and other experts say prying open the trust and dividing up the financier's riches could take years.

WASHINGTON (AP) — A court fight is likely following the Trump administration's decision to end an agreement that limits how long migrant children can be detained. For more than 20 years the federal government has been required to keep children in the least restrictive setting and to release them as quickly as possible, generally after 20 days in detention. The Trump administration wants to detain migrant families until asylum cases are decided rather than release them while their cases are pending.

WASHINGTON (AP) — The federal budget deficit is expected to expand to more than $1 trillion in the next fiscal year. That's according to the nonpartisan Congressional Budget Office, whose new projections are the first to take into account the big budget deal President Donald Trump and Congress reached this summer. The office has raised this year's deficit projection by $63 billion and the cumulative deficit projection for the next decade by $809 billion.

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