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...

  • Abortion and Health Services: Cuts that May Cost

    By Michelle Hirsch, The Fiscal Times

    Democrats and women’s advocacy groups warn that Republican efforts to cut more than $600 million in spending for Planned Parenthood and other health care services for low-income women could foster...

  • ‘Gang of Six’ Press Obama to Take Deficit Action

    By Kirk Victor, The Fiscal Times

    With no sign that that President Obama or congressional leaders are willing to take action on the long term debt, six Democratic and Republican senators are taking matters in their own hands to try...

  • The Deficit: Congress Fiddles as America Loses Ground

    By Patrick Smith

    The recent news from Germany is encouraging for Europe—and sobering for the U.S. Beating all forecasts, unemployment has plunged to its lowest level in nearly 20 years. Business and consumer...

  • Deficit Math: IRS Budget Cuts Could Cost $4 Billion

    By John Berry, The Fiscal Times

    In the midst of their drive to reduce federal budget deficits, congressional Republicans are also intent on cutting taxes. One way they may accomplish that is by forcing the IRS to curtail its drive...

  • Walker Leads Deficit Road Show

    By MANUEL ROIG-FRANZIA, The Washington Post

    IN ATLANTA "I have a lot of nicknames," David M. Walker says. "Paul Revere! Paul Revere. That's what Paul Volcker calls me," Walker declares, dropping the name of the inflation-slaying 1980s Fed...