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...

  • Taxpayers Get a Whopper of a Bill for the Shutdown

    Evidence of the economic carnage wrought by last month’s 16-day partial government shutdown keeps piling up, and it doesn’t make for a pretty picture. The Office of Management and Budget on Thursday...

  • 4 Takeaways from the October Jobs Report

    Combined with Thursday’s report showing healthier than expected growth in the U.S. economy in the third quarter and stronger than expected rise in personal income in September, the latest numbers are...

  • Bankruptcy was unavoidable, Detroit lawyer tells court

    Bankruptcy was unavoidable, Detroit lawyer tells court

    By Joseph Lichterman, Reuters

    DETROIT (Reuters) - Detroit tried in good faith to negotiate an out-of-court settlement with creditors before declaring bankruptcy on July 18, even though it suspected that default was unavoidable, a...

  • U.S. budget talks hit snag, Republican senator says

    U.S. budget talks hit snag, Republican senator says

    By Richard Cowan and David Lawder, Reuters

    WASHINGTON (Reuters) - The panel of U.S. lawmakers seeking to craft a bipartisan budget deal is deadlocked over tax revenue early in its deliberations, a Senate member said on Thursday, reinforcing...

  • Greek riot police storm former TV building, break up sit-in

    Greek riot police storm former TV building, break up sit-in

    By Renee Maltezou, Reuters

    ATHENS (Reuters) - Riot police stormed the former Greek state television headquarters in Athens on Thursday and evicted dozens of journalists who were fired five months ago, ending a protracted sit-...