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...

  • Steady U.S. job gains to keep Fed's focus on tapering

    Steady U.S. job gains to keep Fed's focus on tapering

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - U.S. job growth probably slowed in June, but not enough to shift the Federal Reserve away from expectations that it will start scaling back its massive monetary stimulus later...

  • Obama Works to Allay Merkel's Fears on Spying

    By Roberta Rampton, Reuters

    President Barack Obama sought to allay concerns from German Chancellor Angela Merkel about reported U.S. spying on European allies on Wednesday, and they agreed to hold a high-level meeting on the...

  • ElBaradei tops list to head Egypt government: sources

    ElBaradei tops list to head Egypt government: sources

    By Reuters

    CAIRO (Reuters) - Mohamed ElBaradei, a former U.N. nuclear agency chief, is favorite to head a transitional government in Egypt after the military overthrew Islamist President Mohammed Mursi,...

  • G20 to seek clarity on U.S. policy at July meet: South Korea

    By Se Young Lee and Choonsik Yoo, Reuters

    SEOUL (Reuters) - South Korea along with other G20 members will seek clarity on the U.S. Federal Reserve's exit strategy on stimulus policy at the G20 ministerial meeting later this month, the...

  • Portugal markets recover as political crisis talks resume

    Portugal markets recover as political crisis talks resume

    By Reuters

    LISBON (Reuters) - Portugal's bond yields dropped on Thursday and its stock market rose, reversing some of the previous day's sharp losses, as the prime minister and his junior coalition partner...