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...

  • Rising revenues to shrink deficit rapidly through 2015: CBO

    Rising revenues to shrink deficit rapidly through 2015: CBO

    By David Lawder and Labib Nasir, Reuters

    WASHINGTON (Reuters) - The deficit is shrinking considerably more quickly than previously thought, the Congressional Budget Office said on Tuesday in a report that could sap Congress' sense of...

  • Obama Halves Deficit, But Debt Fears Remain

    By Josh Boak, The Fiscal Times

    President Obama pledged in 2009 to halve the deficit by the end of his first term, an audacious statement that Republicans highlighted during last year’s election as a broken promise. Better late...

  • Defense Department civilians to go on unpaid leave for 11 days

    Defense Department civilians to go on unpaid leave for 11 days

    By Reuters

    WASHINGTON (Reuters) - U.S. Defense Secretary Chuck Hagel will announce on Tuesday that most of the Defense Department's 800,000 civilian employees will be placed on unpaid leave for 11 days, as the...

  • Bulgarian party scuppers idea of broad coalition

    Bulgarian party scuppers idea of broad coalition

    By Angel Krasimirov and Tsvetelia Tsolova, Reuters

    SOFIA (Reuters) - Bulgaria's ethnic Turkish party MRF declined to work with a nationalist party on Tuesday, scuppering chances of a broad coalition government and deepening the political stalemate in...

  • Why the IRS Scandal Could Bring Down Obamacare

    By Josh Boak and Eric Pianin, The Fiscal Times

    The real fallout could from the IRS’ scandalous targeting of Tea Party-themed groups could be in implementing Obamacare.