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...

  • Goldman Sachs CEO: 'Responsibility' to Challenge Dodd-Frank

    By Josh Boak, The Fiscal Times

    Goldman Sachs CEO and Chairman Lloyd Blankfein doesn’t hate the 2010 overhaul of financial regulations known as Dodd-Frank. He just thinks the rules could benefit from his advice.

  • Column: When illogical policy seems to work

    By Anatole Kaletsky, Reuters

    (Reuters) - It's cynical, manipulative and hypocritical, and it looks like it is going to work. How often do you hear a sentence like this, to describe a government initiative or economic policy? Not...

  • Column: When illogical policy seems to work - Kaletsky

    By Anatole Kaletsky, Reuters

    (Reuters) - It's cynical, manipulative and hypocritical, and it looks like it is going to work. How often do you hear a sentence like this, to describe a government initiative or economic policy? Not...

  • Greeks strike over state TV closure, PM offers talks

    Greeks strike over state TV closure, PM offers talks

    By Lefteris Papadimas and Harry Papachristou, Reuters

    ATHENS (Reuters) - Greek Prime Minister Antonis Samaras moved to defuse a political crisis over the government's abrupt closure of state broadcaster ERT that prompted a nationwide strike on Thursday...

  • Insight: The big money bails on Argentina - again

    Insight: The big money bails on Argentina - again

    By Brian Winter, Reuters

    BUENOS AIRES (Reuters) - More than a decade after Argentina's epic financial collapse of 2001-02, many investors are rushing for the door once again. From big Chinese and Brazilian companies like...