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...

  • The Biggest Budget Player You Don't Know About

    By Josh Boak, The Fiscal Times

    By many counts, Chris Chocola gained more influence on Capitol Hill after losing his Indiana congressional seat more than six years ago. He resurfaced in 2009 as the president of the Club for Growth—...

  • Sequester Post-Mortem: It’s Obama Vs. Congress

    By Eric Pianin and Maureen Mackey

    Republicans have left little doubt the sequester cuts just beginning to take hold will be a fact of life for the government and some Americans for months, if not years, to come. But they were less...

  • Obama's Second Term Threatened by Sequester

    By Jeff Mason and Matt Spetalnick, Reuters

    Just hours after across-the-board spending cuts officially took effect, President Obama pressed Congress on Saturday to work with him on a compromise to halt a fiscal crisis that threatens the...

  • Will Stocks Be Jostled by Labor Market Report?

    By Leah Schnurr, Reuters

    Major U.S. stock indexes will make another attempt at reaching all-time records this week, but the fitful pace that has dominated trading is likely to continue.

  • Sequester Fallout: Irate Americans Raise Hell

    By Thomas Ferraro, Reuters

    The Congress is getting an earful about the big spending cuts beginning to hit government services from worried and irate constituents, including one senator's own spouse.