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...

  • Government Shutdown meeting - Boehner and House Republicans

    The House GOP Just Derailed a Shutdown Deal

    By Eric Pianin and Josh Boak

    With the Senate almost on the verge of a bipartisan deal to end the government shutdown and avert a default, House Speaker John Boehner (R-OH) decided once again to player the spoiler. In a troubling...

  • Free Food at Walmart: Debit Card Glitch Empties Shelves

    By Kathy Finn, Reuters

    Wal-Mart Stores Inc. and Xerox Corp. blamed each other on Monday after Louisiana food stamp recipients stripped bare the shelves of some Walmart stores when a computer glitch left their debit cards...

  • Exclusive: Fed's Fisher, vocal hawk, sees no QE cuts this month

    Exclusive: Fed's Fisher, vocal hawk, sees no QE cuts this month

    By Jonathan Spicer and Ann Saphir and Pedro da Costa, Reuters

    NEW YORK (Reuters) - "Reckless" U.S. fiscal policy will likely force the Federal Reserve to stand pat on monetary policy this month, one of the Fed's biggest critics of the U.S. central bank's bond-...

  • Senate Close to a Debt Deal that Stops the Bleeding

    By Josh Boak, The Fiscal Times

    Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell finally appear to be getting their act together, but the budget and debt ceiling drama is far from over. On Monday, the two...

  • Leon Panetta

    The Ultimate DC Insider’s 3 Big Tips For a Debt Deal

    By Josh Boak, The Fiscal Times

    Few Washington insiders have ever had the depth and breadth of experience as Leon Panetta, who on Monday shared his thoughts for getting out of the current budget and the debt ceiling morass ...