Federal Budget

Budget Battles

  • Senator Ben Cardin (D-MD) arrives at Democratic Party caucus meeting on Capitol Hill in Washington, U.S., January 19, 2018. REUTERS/Yuri Gripas/ File Photo

    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, Reuters

    In 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...

  • FILE PHOTO - Treasury Secretary Steve Mnuchin listens as U.S. President Donald Trump hosts a tax reform industry meeting at the White House in Washington, U.S., October 31, 2017. REUTERS/Kevin Lamarque

    Trump Tries to Sell Tax Reform to Democrats

    By David Morgan, Reuters

    WASHINGTON (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...

  • U.S. President Donald Trump speaks about the Iran nuclear deal in the Diplomatic Room of the White House in Washington, U.S., October 13, 2017. REUTERS/Kevin Lamarque

    Senate Republicans Gain Crucial Support for Budget Vital to Tax Reform

    By David Morgan, Reuters

    WASHINGTON (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...

  • FILE PHOTO: Senator John Barrasso (R-WY) speaks during a press conference on Capitol Hill in Washington, U.S., September 12, 2017. REUTERS/Joshua Roberts

    No Talk of Ousting Speaker Ryan, Key Conservative Says

    By Reuters

    Many 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...

  • FILE PHOTO: The U.S. Capitol Building is lit at sunset in Washington, U.S., December 20, 2016. REUTERS/Joshua Roberts/File Photo

    Congress sends Trump disaster aid, debt limit increase

    By Richard Cowan and Amanda Becker, Reuters

    WASHINGTON (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...

  • House Rejects Stopgap Spending Bill

    By Andrew Taylor

    The House has rejected a measure providing $3.7 billion for disaster relief as part of a bill to keep the government running through mid-November. The surprise 230-195 defeat for GOP leaders came at...

  • Justice Auditors Find $16 Muffins Hard to Swallow

    By Jerry Markon, The Washington Post

    A report released Tuesday by the department’s acting inspector general, Cynthia A. Schnedar, is full of what she called “wasteful or extravagant spending” at 10 law enforcement conferences spanning...

  • IMF Downgrades Outlook for US and Europe Economies

    By CHRISTOPHER S. RUGABER, The Associated Press

    WASHINGTON (AP) — The International Monetary Fund has sharply downgraded its outlook for the U.S. economy through 2012 because of weak growth and concern that Europe won't be able to solve its debt...

  • Experts Dubious of Obama Deficit Plan

    By Lori Montgomery Wp and Jia Lynn Yang, The Washington Post

    President Obama projects that his new plan for reducing the federal debt will save more than $3 trillion over the next decade by raising taxes on the wealthy and slashing spending on a host of...

  • How Obama Sticks It to the Health-Care Industry

    By Merrill Goozner, The Fiscal Times

    Parsing the health-care savings in Obama’s deficit-reduction plan.