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...

  • 6 Lethal Weapons Congress Won’t Let Die

    Congress is forcing the Pentagon to keep another program that it no longer wants. This time, House Armed Services Committee Chairman Howard "Buck" McKeon (R-CA) is making the Pentagon spent $114...

  • Federal Budget: 10 Cuts That Would Save the Most

    By Brianna Ehley, The Fiscal Times

    Two think tanks from opposite sides of the political spectrum joined together Thursday to release a long list of possible ways to trim the deficit and cut wasteful spending within the federal budget.

  • Defying protesters, Ukraine's Yanukovich meets Putin on pact

    Defying protesters, Ukraine's Yanukovich meets Putin on pact

    By Richard Balmforth and Pavel Polityuk, Reuters

    KIEV (Reuters) - Ukrainian President Viktor Yanukovich met Russia's Vladimir Putin on Friday to lay the grounds for a new "strategic partnership" to shore up Ukraine's creaking economy in defiance of...

  • Why ‘Easy’ Student Loans Are a Moral Hazard

    By Gary Jason, Minding the Campus

    Here, in a nutshell, is the human toll of the student-loan mess: It is forcing many recent grads to defer marriage and having children; it is hobbling many prospective entrepreneurs that our economy...

  • UK's Osborne says vindicated by growth rebound, vows to stay on course

    UK's Osborne says vindicated by growth rebound, vows to stay on course

    By David Milliken and William Schomberg, Reuters

    LONDON (Reuters) - Finance minister George Osborne celebrated a sharp turnaround in Britain's economy as vindication of his austerity push on Thursday, but said he would not relax his grip on public...