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...

  • Fed holds firm to stimulus plan despite brighter economy

    Fed holds firm to stimulus plan despite brighter economy

    By Pedro da Costa and Jonathan Spicer, Reuters

    WASHINGTON (Reuters) - The Federal Reserve on Wednesday pressed forward with its aggressive policy stimulus despite improvements in the U.S. economy, pointing to still-high unemployment, fiscal...

  • Italian president seeks way out of political stalemate

    Italian president seeks way out of political stalemate

    By James Mackenzie, Reuters

    ROME (Reuters) - Italian President Giorgio Napolitano starts consultations with political leaders on Wednesday to see if any of them has a chance of forming a government after last month's election...

  • New Housing Permits at Highest Level Since 2008

    By Jason Lange, Reuters

    Groundbreaking to build homes rose in February and permits for construction climbed to their highest level since 2008, signs the housing market recovery is gathering steam. The Commerce Department...

  • Struggling to Survive While Waiting for Immigration Reform

    By Tim Gaynor, Reuters

    Millions of illegal immigrants are at the sharp end of a daily battle for survival in America as Obama pushes for immigration reform in Washington, months after Hispanic voters turned out to give the...

  • Why Tax Reform Will Still Cost a Small Fortune

    By Josh Boak, The Fiscal Times

    No one denies the need to simplify the tax code. It is sprawling, obtuse, and an absolute time suck for millions of Americans -- something not lost on House Republicans when they unveiled their 2014...