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...

  • Slovenia to pay banks for bad loans with short-term bonds

    Slovenia to pay banks for bad loans with short-term bonds

    By Zoran Radosavljevic, Reuters

    LJUBLJANA (Reuters) - Slovenia's bailed-out banks will be paid for 4.5 billion euros ($6.18 billion) of bad loans with two and three year bonds that will allow them to access cash and fund new...

  • Fed could set off year-end fireworks

    Fed could set off year-end fireworks

    By Jonathan Spicer, Reuters

    NEW YORK (Reuters) - The possibility that the Federal Reserve could finally start to trim its extraordinary stimulus for the economy could make this week an explosive one for financial markets...

  • GOP Presidential Hopefuls Unite Against Budget Deal

    By Eric Pianin

    While a large majority of House Republicans rallied Thursday evening to help pass the bipartisan budget deal negotiated by Budget Committee Chairman Paul Ryan, many of Ryan’s potential rivals for the...

  • Analysis: Little respite seen for U.S. municipal bonds in 2014

    Analysis: Little respite seen for U.S. municipal bonds in 2014

    By Lisa Lambert, Reuters

    WASHINGTON (Reuters) - The withering U.S. municipal bond market will shrink even more well into 2014, with interest rate and credit risks keeping both investors and borrowers away. Barring an...

  • How Scott Walker Would Reform the GOP

    By Maureen Mackey, The Fiscal Times

    It’s the one question everybody asks, including this reporter: Are you running for president in 2016? It’s also the one question Gov. Scott Walker of Wisconsin – the Republican reformer who...