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...

  • Republicans

    GOP Funders Tighten the Purse Strings over Shutdown

    By Josh Boak, The Fiscal Times

    House Speaker John Boehner has trusted the Tea Partiers in Congress enough to shut down the government … but GOP congressional leaders haven’t trust them with campaign donations. One of the big...

  • Obama cancels Asia tour over shutdown; raises questions on U.S. pivot

    Obama cancels Asia tour over shutdown; raises questions on U.S. pivot

    By Steve Holland and James Pomfret, Reuters

    WASHINGTON/NUSA DUA, Indonesia (Reuters) - President Barack Obama called off plans to visit Asia and attend two summits because of the U.S. government shutdown, raising questions about the strategic...

  • Buffett: Threat of Default Won’t Work Long Term

    By Matthew J. Belvedere, CNBC

    History will judge the Troubled Asset Relief Program more positively than people do now, Warren Buffett said on CNBC Thursday, five years to the day since the financial bailout program was signed...

  • Leader of Greece's far-right Golden Dawn held in custody before trial

    Leader of Greece's far-right Golden Dawn held in custody before trial

    By Angeliki Koutantou and Karolina Tagaris, Reuters

    ATHENS (Reuters) - The leader of Greece's far-right Golden Dawn party was remanded in custody on Thursday pending trial on criminal charges, the first time an elected party chief has been put behind...

  • Shutdown Hits America Where It Hurts

    By Daniel Trotta, Reuters

    Science was put on hold, normally bustling stores went quiet and families depending on government aid feared losing their baby food as a government shutdown rippled across the country. The budget...