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...

  • Court says city of Stockton, California may proceed with bankruptcy

    Court says city of Stockton, California may proceed with bankruptcy

    By Jonathan Weber, Reuters

    SACRAMENTO, California (Reuters) - A federal judge on Monday approved the city of Stockton's petition for bankruptcy in a case that sets the stage for a lengthy battle between bondholders and the...

  • Russia won't help out Cyprus depositors, says minister

    Russia won't help out Cyprus depositors, says minister

    By Reuters

    MOSCOW (Reuters) - The Russian government will not aid businesses that have lost money in Cyprus, First Deputy Prime Minister Igor Shuvalov said, underscoring Moscow's resolve to clamp down on the...

  • The Secret Player Who Could End ‘Too Big To Fail’

    By Josh Boak, The Fiscal Times

    The debate is raging on Capitol Hill over whether the era of “Too Big To Fail” banks has truly ended, but the one player designed to tackle that question has stayed relatively quiet. Few Americans...

  • Immigration Deal Likely As Senate Reaches Agreement

    By Thomas Ferraro and Steve Holland, Reuters

    With U.S. business and labor now in agreement, a bipartisan group of senators has resolved all major issues in a pending deal to overhaul the U.S. immigration system and aims to unveil it after...

  • Senate group resolves key issues on immigration reform: lawmakers

    Senate group resolves key issues on immigration reform: lawmakers

    By Thomas Ferraro and Steve Holland, Reuters

    WASHINGTON (Reuters) - With business and labor now in agreement, a bipartisan group of senators has resolved all major issues in a pending deal to overhaul the immigration system and aims to unveil...