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...

  • Chris Christie's Post-Election Victory Lap

    By David Francis

    Newly reelected New Jersey Governor Chris Christie took a victory lap on Sunday morning, in effect positioning himself as a 2016 GOP frontrunner while distancing himself from the far right wing of...

  • The 2 Most Urgent Problems Obama Must Fix

    By Dan Balz, The Washington Post

    President Obama likes to say he will never again be running for office, but every Democrat knows he will be on the ballot figuratively in 2014, and 2016, as well. Right now they are rightly nervous...

  • Fed Still a Source of Anxiety If Rates Keep Rising

    By Patti Domm, CNBC

    Stocks ride a strong tailwind into the week ahead, but the Fed could remain a source of nervousness if interest rates continue to rise. A highlight of the week will be the testimony of Fed Vice Chair...

  • China opens key meeting to set reform agenda

    China opens key meeting to set reform agenda

    By Benjamin Kang Lim and Ben Blanchard, Reuters

    BEIJING (Reuters) - Chinese leaders began a four-day secret meeting on Saturday to set a reform agenda for the next decade as they try to push more sustainable growth after three decades of breakneck...

  • Bernanke, other policymakers point to weakness in labor market

    Bernanke, other policymakers point to weakness in labor market

    By Pedro da Costa and Ann Saphir, Reuters

    OXFORD, Miss./LOS ANGELES (Reuters) - Despite signs of improvement in the U.S. labor market, there is plenty of room for the jobless rate to fall further, Federal Reserve Chairman Ben Bernanke and...