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...

  • The High Price of Keeping the Water 'On'

    By Mark Koba, CNBC

    America's water system, its treatment plants and pipes, is in need of very serious repair if the country is to have safe drinking water, experts say. And it won't come cheap.

  • The End of the Military Industrial Complex

    Large and small defense contractors are preparing for years of dwindling returns as the Pentagon cuts spending. Experts said these companies must reinvent themselves to survive.

  • Why Getting Rid of Tax Havens Won’t Create Jobs

    By Josh Boak, The Fiscal Times

    Congress is desperately trying to keep corporate profits from flowing to offshore tax havens. But there is an important problem with almost any fix. Getting rid of the incentives to park corporate...

  • The New ‘Derecho’ Danger: Why You Should Care

    Climate change is yielding more than hideous tornadoes, massive storm surges, and devastating heat waves. It’s giving us a new vocabulary, built on arcane words and phrases that newscasters introduce...

  • Czech cabinet in crisis after police sweep government offices

    Czech cabinet in crisis after police sweep government offices

    By Jan Lopatka and Robert Muller, Reuters

    PRAGUE (Reuters) - Czech Prime Minister Petr Necas said on Thursday he had no intention of resigning from his post after a series of police raids on government offices threatened to expose a web of...