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...

  • 9/11 and the War on Terror: A $5 Trillion Choice

    By Merrill Goozner, The Fiscal Times

    The U.S. launched a global War on Terror in the wake of the 9/11 terror attacks on the World Trade Center and the Pentagon, the most deadly strikes against domestic targets by foreigners in U.S...

  • Obama’s Jobs Plan May Include ‘Infrastructure Bank’

    By Michelle Hirsch, The Fiscal Times

    With only one week until Obama details his plan to revitalize a stalling economy, Labor Secretary Hilda Solis vigilantly defended the administration’s efforts to spur job creation and suggested the...

  • Romney: America on Edge of ‘Economic Misery’

    By Philip Rucker, The Washington Post

    Mitt Romney on Tuesday offered a dark, ominous assessment of America’s standing in the world, castigating President Obama for a foreign policy he described as “dithering” and suggesting that the...

  • FEMA Running Out of Money after Irene

    By ED O'KEEFE and ROSALIND S. HELDERMAN, The Washington Post

    Now that the big hurricane is behind us — three days for Irene and six years for Katrina — the Federal Emergency Management Agency is running out of money and finds itself operating in a new...

  • Pataki Won’t Seek Presidency – Debt Still a Worry

    By Maureen Mackey, The Fiscal Times

    Former New York governor George Pataki announced on Friday that he will not seek the GOP nomination for president. But he said he’ll continue to speak out about the urgent need to get the country’s...