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...

  • Renzi set to become Italy's youngest prime minister

    Renzi set to become Italy's youngest prime minister

    By Paolo Biondi and Steve Scherer, Reuters

    ROME (Reuters) - Center-left leader Matteo Renzi was set to be nominated as Italy's youngest prime minister in a matter of days after a party coup forced Enrico Letta to resign as premier of the euro...

  • Greek PM says budget surplus tops forecast, allows spending

    Greek PM says budget surplus tops forecast, allows spending

    By Reuters

    ATHENS (Reuters) - Greece's primary budget surplus has exceeded expectations and will allow the government to boost social spending on austerity-hit citizens, Prime Minister Antonis Samaras told a...

  • Lebanon forms government after 10-month deadlock

    Lebanon forms government after 10-month deadlock

    By Laila Bassam and Erika Solomon, Reuters

    BEIRUT (Reuters) - Lebanon announced a new government on Saturday, breaking a 10-month political deadlock during which spillover violence from neighboring Syria worsened internal instability. A...

  • Post Office Banking Plan Gains Support

    By Rob Garver

    An idea floated last month by the Inspector General of the U.S. Post Office, to solve the agency’s money problems by allowing it to get into the financial services business, appears to be catching on...

  • California’s Economic Outlook: Not As Dry As the Land

    By Jane Wells, CNBC

    It's been raining in parts of California where farmers have been dealing with an epic drought. That's good news, but not good enough to stop many growers in the vast Central Valley from letting a...