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...

  • EU's new leadership trio may surprise on upside

    EU's new leadership trio may surprise on upside

    By Paul Taylor and Robin Emmott, Reuters

    PARIS/BRUSSELS (Reuters) - At first sight, the European Union's new leadership team looks like a missed opportunity. Jean-Claude Juncker, Donald Tusk and Federica Mogherini seem a less than ideal...

  • Objections to Fiscal Policy are Groundless—It Works

    One of the more controversial policies instituted in an attempt to stimulate the economy out of the Great Recession was the $816.3 billion fiscal stimulus package enacted just after Obama took office...

  • Doubts over whether Detroit bankruptcy plan gets job done

    Doubts over whether Detroit bankruptcy plan gets job done

    By David Greising and Karen Pierog and Tim Reid, Reuters

    DETROIT Reuters) - Detroits plan to recover from bankruptcy includes several blueprints for a new future. The only problem is the city, the largest ever to file for bankruptcy, is still a long way...

  • Amid foreign crises, Obama takes solace in U.S. economic turnaround

    Amid foreign crises, Obama takes solace in U.S. economic turnaround

    By Steve Holland, Reuters

    MILWAUKEE (Reuters) - Throughout much of his presidency, Barack Obama has been under siege about the state of the U.S. economy. But with economic growth now far more robust than when he took office,...

  • U.S. inflation bonds back in vogue

    U.S. inflation bonds back in vogue

    By Richard Leong, Reuters

    NEW YORK (Reuters) - U.S. investors are back in the hunt for inflation protection for the first time in two years as rising housing costs - particularly for rent - suggest inflation may finally be...