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...

  • Obama Hears a Big “No” on Cutting Entitlements

    While, not surprisingly, President Obama’s visit with Senate Democrats went relatively smoothly Tuesday afternoon, he encountered some pushback from a liberal Democrat over Social Security reform...

  • What Congress Can Learn from the Cardinals

    By Maureen Mackey, The Fiscal Times

    It is no secret that today’s Roman Catholic Church, beset by fiscal difficulties, bureaucratic infighting and accusations of sexual abuse, is deeply troubled. It’s also no secret that today’s federal...

  • Bill to avert government shutdown inches to Senate passage

    Bill to avert government shutdown inches to Senate passage

    By Richard Cowan, Reuters

    WASHINGTON (Reuters) - The Senate on Monday inched closer to passage of a bill to fund federal agencies through September 30 and avoid a government shutdown at the end of this month when existing...

  • Ryan Releases New GOP Plan to Balance Budget

    By Richard Cowan, Reuters

    Republicans kicked off their latest deficit-reduction gambit on Tuesday with a 10-year balanced budget plan that could either be shelved within weeks or help kick-start negotiations with President...

  • Obama budget likely out on week of April 8: spokesman

    Obama budget likely out on week of April 8: spokesman

    By Reuters

    WASHINGTON (Reuters) - President Barack Obama is likely to issue his budget proposal the week of April 8, White House spokesman Jay Carney said on Tuesday. The president usually releases a budget...