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...

  • Obama, Boehner Moving Toward Deficit Deal

    By Jennifer Depaul, The Fiscal Times

    President Obama and House Speaker John Boehner moved closer to striking a deficit reduction deal Thursday, but in the frenzied final days before a possible default, the parameters of any debt package...

  • Boehner: House Will Compromise on Debt Limit

    By Andrew Taylor

    House Speaker John Boehner said Thursday that Republicans controlling the chamber are willing to compromise on legislation increasing the government's borrowing authority.

  • Gang of Six Deficit Plan = Bowles-Simpson Lite

    By Merrill Goozner, The Fiscal Times

    The new “Gang of Six” proposal for slashing deficits by $3.7 trillion over the coming decade targets many of the same sacred cows that the Bowles-Simpson fiscal commission went after last December –...

  • Obama OKs Short Term Debt Deal + Long Term Plan

    By BEN FELLER

    For the first time the president said he would accept a short-term deal if a larger one was already in place. President Obama met with Democratic and Republican leaders at the White House Wednesday...

  • Poll: GOP Too Stubborn in Debt Talks

    By Dan Balz and JON COHEN, The Washington Post

    Majorities of Americans see both President Obama and congressional Republicans as not willing enough to compromise in their budget negotiations, but the public views the GOP leaders as particularly...