Federal Budget
  • 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...

  • Deficit Solutions Test the Mettle of Leadership

    Forget the Tea Party. What we need is a Whiskey Party. It’s going to take a stiff drink and stiffer spine to tackle our nation’s budget crisis. So far, we have few volunteers. Yesterday the White...

  • Interior Added to GAO High-Risk List

    By ED O'KEEFE, The Washington Post

    Concerns about how the Interior Department manages the nation's oil and gas resources have earned it a spot on a closely watched list of the government's most at-risk offices and programs. After last...

  • House GOP to Addess Entitlement Reform in Budget

    By The Fiscal Times Staff

    House Republican leaders announced Tuesday that their federal budget for the 2012 fiscal year will include an effort to reform entitlement programs including Medicare, Medicaid and Social Security...

  • Cowboy-in-Chief Obama Faces Down GOP on Budget

    By Jennifer Depaul, The Fiscal Times

    Obama faces down House Republicans who vow to cut $100 billion from the rest of 2011’s budget, which would also affect the president’s budget proposal released Monday.

  • Obama Denies He’s Ducking Toughest Budget Problems

    By Merrill Goozner, The Fiscal Times

    President Obama used a White House news conference to defend his 2012 budget against criticism that he “kicked the can down the road” by failing to tackle the long-term deficit and entitlement...