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 Big Trend: The World Is Getting Wealthier

    By Kathleen Otoole, Stanford-Unversity-Graduate-School-of-Business

    Despite the risks, long-term growth patterns should make you optimistic about the future, says macroeconomist Charles Jones of the Stanford Graduate School of Business.

  • Can We Afford the High Cost of Immigration Reform?

    Don’t shoot the messenger! The Heritage Foundation is under attack for delivering sobering news. They say granting amnesty to 11 million illegal immigrants could cost the U.S. a staggering $6.3...

  • Guess Who Benefits from New Asset Bubbles?

    By Carrick Mollenkamp, Reuters

    The Fed's current program of quantitive easing is shoring up banks and lowering the borrowing costs of corporations and home buyers who have good credit. But it is also giving rise to unintended...

  • How Bill Clinton Would Fix America's Debt

    By Josh Boak, The Fiscal Times

    Few understand the difficulty and importance of balancing the budget like Bill Clinton—who on Tuesday exposed some of the false choices in the current debate about how to manage the nation’s finances.

  • Column: UK's long wait - for Carney and recovery

    Column: UK's long wait - for Carney and recovery

    By James Saft, Reuters

    (Reuters) - Britain may well come to regret the exceptionally long gap between Governor of the Bank of England-to-be Mark Carney's appointment in November and his first day on the job in July. Widely...