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...

  • Germany, France haul euro zone out of recession

    Germany, France haul euro zone out of recession

    By Martin Santa, Reuters

    BRUSSELS (Reuters) - The economies of Germany and France grew faster than expected in the second quarter, bettering a widely heralded expansion in the United States and pulling the euro zone out of a...

  • German investor morale brightens as euro zone picks up

    German investor morale brightens as euro zone picks up

    By Sakari Suoninen and Eva Taylor, Reuters

    MANNHEIM, Germany (Reuters) - German analyst and investor sentiment climbed more than expected in August, a leading survey showed on Tuesday, suggesting Europe's largest economy is gradually...

  • Japan PM may sweeten sales tax hike with corporate tax cut

    Japan PM may sweeten sales tax hike with corporate tax cut

    By Stanley White and Tetsushi Kajimoto, Reuters

    TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe may look at cutting corporate taxes to ensure he can push through a planned sales tax increase as he seeks to show he has a strategy to both...

  • Eric Holder Calls a Truce on the War on Drugs

    By Eric Pianin

    In calling for major reforms of federal sentencing of drug convicts on Monday, Attorney General Eric Holder forcefully addressed the troubling reality that for decades the federal prison system has...

  • Analysis: Argentina's Fernandez weakened by vote but still in charge

    Analysis: Argentina's Fernandez weakened by vote but still in charge

    By Hugh Bronstein, Reuters

    BUENOS AIRES (Reuters) - Argentine President Cristina Fernandez may be a lame duck after her coalition was thumped in a mid-term primary election, but with two years left in power she can still...