Budget Battles
-
‘A Good Day for America’: Biden Signs $95 Billion Foreign Aid Bill
-
Senate Advances $95 Billion Foreign Aid Package
-
GOP Infighting Continues as Senate Heads for Aid Vote
-
News Alert: House Approves $95 Billion Aid Package for Ukraine, Israel and Taiwan
-
Dems Help Save Johnson's Aid Package for Israel, Ukraine
-
Johnson Rejects a Plan to Save His Speakership
-
Johnson Defies Hardliners, Pushes Ahead With Foreign Aid Plan
-
Factbox: What happens in a U.S. government shutdown?
By Richard Cowan and Susan Cornwell and Amanda Becker and Richard Cowan and Susan Cornwell and Amanda Becker, ReutersIn shutdowns, nonessential government employees are furloughed, or placed on temporary unpaid leave. Workers deemed essential, including those dealing with public safety and national security, keep...
-
Delaware Sues Opioid Manufacturers, Distributors Over Epidemic
By Nate Raymond, Reuters(Reuters) - Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making,...
-
Trump Tries to Sell Tax Reform to Democrats
By David Morgan, ReutersWASHINGTON (Reuters) - President Donald Trump intensified his efforts to sell Democrats on his tax reform plan on Wednesday even as Senate Republicans edged closer to passing a budget measure that...
-
Trump's drug czar nominee withdraws from consideration
By Sarah N. Lynch and Makini Brice, ReutersWASHINGTON (Reuters) - The U.S. lawmaker who was President Donald Trump's pick for drug czar withdrew on Tuesday after a report he spearheaded a bill that hurt the government's ability to crack down...
-
Senate Republicans Gain Crucial Support for Budget Vital to Tax Reform
By David Morgan, ReutersWASHINGTON (Reuters) - U.S. Senate Republicans on Monday gained crucial support for a vote on a budget resolution that is vital to President Donald Trump's hopes of signing sweeping tax reform...
-
U.S. consumer finance agency expected to punish Equifax: lawyers
By Reuters and Patrick RuckerBy Lisa Lambert and Patrick Rucker WASHINGTON (Reuters) - The U.S. consumer finance watchdog agency is expected to punish Equifax for its cyber breach with the wide-ranging powers it has used with...
-
U.S. incomes, poverty rate bounce back to pre-recession levels in 2016
By ReutersBy Susan Heavey WASHINGTON (Reuters) - The U.S. poverty rate fell for the second straight year in 2016 while median income rose to an all-time high of $59,000 as the economy made up ground lost...
-
No Talk of Ousting Speaker Ryan, Key Conservative Says
By ReutersMany Republicans are unhappy with the deal President Donald Trump reached last week with Democratic leaders to raise the government's debt ceiling and allow it to continue financing federal spending...
-
Congress sends Trump disaster aid, debt limit increase
By Richard Cowan and Amanda Becker, ReutersWASHINGTON (Reuters) - The U.S. House of Representatives approved a bill to provide disaster aid, extend the debt ceiling and fund the federal government for three months on Friday, delivering on...
-
Robert Samuelson: Why Trump’s Tax Reform Won’t Work
It’s hard to imagine that tax reform is No. 1 on the Republicans’ to-do list when they still don’t have a 2018 budget. Worse, they still haven’t agreed to raise the debt ceiling, as the federal...
-
Yellen Upbeat on Economy, but Says Trump Brings ‘Cloud of Uncertainty’
By Rob GarverFederal Reserve Chair Janet Yellen offered an upbeat assessment of the state of the U.S. economy on Wednesday, but warned that monetary policymakers will be cautious about projecting its future path...
-
Trump’s Top 3 Priorities: Obamacare Repeal, Tax Cuts, More Tax Cuts
By Rob GarverIncoming White House chief of staff Reince Priebus, in a radio interview Wednesday, laid out the top priorities Donald Trump will bring with him when he takes office as president next month: First...
-
5 Ways to Protect Your Money as the Fed Raises Interest Rates
By Janna HerronTwelve months after raising a key benchmark rate for the first time in 10 years, the Federal Reserve finally increased the rate again on Wednesday, making consumer and business loans slightly more...
-
Dow 50,000? Why Trump Will Have a Hard Time Matching Obama's Bull Market
By John Melloy, CNBCInvestor enthusiasm around his presidency has helped push the Dow Jones industrial average to the cusp of 20,000. Now all President-elect Donald Trump needs to do while in office to get the Dow to 50...
-
A ‘Full Repeal’ of Obamacare Could Spur Medicare’s Bankruptcy
By Eric PianinCongressional Republicans have come under growing pressure to preserve key elements of the Affordable Care Act as they move towards action in early January on special budget legislation to repeal...