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...

  • Boehner Might Outline GOP Budget Demands in Speech

    By PAUL KANE, The Washington Post

    NEW YORK — House Speaker John A. Boehner (R-Ohio) is set to deliver a sermon of fiscal austerity and federal debt Monday evening before the titans of the nation’s financial industry. In his address...

  • 5 Experts Explain How to Solve the Budget Deficit

    By by JONATHAN MASTERS

    If current policies remain in place, CBO estimates the U.S. budget deficit for 2011 will be close to $1.5 trillion, or 9.8 percent of GDP. While CBO "benchmark" projections see a short-term, gradual...

  • The Deficit Deal that Lowers the Debt Ceiling

    By Eric Pianin

    Former Sen. Phil Gramm of Texas, who pioneered the Gramm-Rudman-Hollings law aimed at forcing Congress to try to balance the budget, offered advice to Congress on how to go about creating as new...

  • Ryan Optimistic on Debt Ceiling Negotiations

    By JOHN ELLIS, Business Insider

    The National Journal's Ron Brownstein has the latest on the debt ceiling negotiations. Rep. Paul Ryan (R-WI), chairman of the House Budget Committee, said today he was “relatively optimistic”...

  • City Mayors Push to Control Infrastructure Funds

    By Jennifer Depaul, The Fiscal Times

    A group of mayors urged lawmakers to redirect infrastructure funding from states to metropolitan areas to alleviate congestion, create jobs, and rebuild the country’s crumbling public transit system.