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...

  • ECB holds rates, confirms no move for 'extended period'

    ECB holds rates, confirms no move for 'extended period'

    By Eva Taylor and Sakari Suoninen, Reuters

    FRANKFURT (Reuters) - The European Central Bank left interest rates at a record low 0.5 percent on Thursday and affirmed that they will remain there for some while to come and could yet fall further...

  • Obama Spouts Populism As His Party Tacks Left

    By Josh Boak and Eric Pianin, The Fiscal Times

    Democrats are going back to their liberal populist roots, ensuring that the clash against laissez faire Republicans will only get louder and fiercer in the months ahead. Hardcore progressives...

  • Spain's Rajoy says he was wrong to trust treasurer in party funding scandal

    Spain's Rajoy says he was wrong to trust treasurer in party funding scandal

    By Andrés González, Reuters

    MADRID (Reuters) - Spanish Prime Minister Mariano Rajoy apologized on Thursday for mishandling a major corruption scandal, but denied he or his center-right People's Party accepted illegal payments...

  • Government Shutdown Looms Over Funding Obamacare

    By Brianna Ehley, The Fiscal Times

    Sen. Ted Cruz (R-TX) – the outspoken conservative sometimes mentioned as a potential GOP candidate in 2016 – said on Tuesday he would rather shut down the federal government than fund Obamacare...

  • Fed stays on track with bond buying, for now

    Fed stays on track with bond buying, for now

    By Pedro da Costa and Alister Bull, Reuters

    WASHINGTON (Reuters) - The Federal Reserve on Wednesday said the economy continues to recover but is still in need of support, offering no indication that it is planning to reduce its bond-buying...