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...

  • Analysis: U.S. race to clinch debt sales may prove costly

    Analysis: U.S. race to clinch debt sales may prove costly

    By Richard Leong, Reuters

    NEW YORK (Reuters) - It sounds like the plot of a pulpy Hollywood thriller: a mad dash for more than $100 billion in cash in the 48 hours before the clock runs out. Except in this case, the U.S...

  • Debt Limit Crisis Just Hit the 2 Minute Warning

    By Josh Boak, The Fiscal Times

    As the NFL dug into its sixth week of action on Sunday, the Senate reached the equivalent of the two-minute warning on the debt limit. In just four days without a debt ceiling increase, the...

  • Deal or No Deal, the U.S. Has Its Eye off the Ball

    By Lawrence Summers, Reuters

    This month Washington is consumed by the impasse over reopening the government and raising the debt limit. It seems likely that this episode, like the 1995-96 government shutdowns and the 2011 debt...

  • As Senate wrestles over debt ceiling, Obama stays out of sight

    As Senate wrestles over debt ceiling, Obama stays out of sight

    By Reuters

    WASHINGTON (Reuters) - President Barack Obama will stay out of the public eye on Sunday as Senate leaders try to work out an elusive deal ahead of a Thursday deadline for lifting the U.S. government...

  • Senate Negotiation on Shutdown Ends in Stalemate

    By PAUL KANE and LORI MONTGOMERY, The Washington Post

    Senate leaders began negotiations Saturday aimed at reopening federal agencies and avoiding a government default after every other effort to end Congress’s impasse crumbled in the previous 48 hours...