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...

  • Central banks ending era of clear promises, return to 'artful' policy

    Central banks ending era of clear promises, return to 'artful' policy

    By Jonathan Spicer and Leika Kihara, Reuters

    NEW YORK/TOKYO (Reuters) - The world's major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found...

  • ECB's Coeure: rates to stay low, Europe needs more investment

    ECB's Coeure: rates to stay low, Europe needs more investment

    By Reuters

    AIX-EN-PROVENCE France (Reuters) - The European Central Bank will keep interest rates very low for a long period of time to ensure monetary stability but euro zone governments must do their part to...

  • Crimea euphoria fades for some Russians

    Crimea euphoria fades for some Russians

    By Olesya Astakhova and Elizabeth Piper, Reuters

    MOSCOW (Reuters) - When she was asked to give up a day's pay to help Crimea, Russian hospital therapist Tatyana could not hide her anger - why should she subsidise others when struggling to make ends...

  • India's Modi to target record asset sales in first budget -source

    India's Modi to target record asset sales in first budget -source

    By Manoj Kumar, Reuters

    NEW DELHI (Reuters) - India's new government will seek to raise up to a record $11.7 billion in asset sales in its maiden budget this week, a senior government source said, bolstering state finances...

  • Pentagon Grounds Entire Fleet of F-35 Fighter Jets

    By Andrea Shalal, Reuters

    The U.S. military said it had grounded the entire fleet of 97 Lockheed Martin Corp F-35 fighter jets until completion of additional inspections of the warplane's single engine built by Pratt &...