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...

  • Carney sets high bar to change at Bank of England

    Carney sets high bar to change at Bank of England

    By William Schomberg and David Milliken, Reuters

    LONDON (Reuters) - Mark Carney, the next governor of the Bank of England, cooled expectations that he would push for sweeping changes in British monetary policy, but gave a taste of the approach he...

  • Political scandal, economy cost Spain at bond auction

    Political scandal, economy cost Spain at bond auction

    By Paul Day, Reuters

    MADRID (Reuters) - Spain's funding costs climbed at a bond auction on Thursday after a corruption scandal amongst its political elite and concerns over its weak economy tempered investor enthusiasm...

  • Death by Drones: Are They Worth the Cost?

    The Obama administration’s policy to target Americans with drones has the left crying foul. Are drones worth the cost, strategically, morally and financially?

  • The State of the Union Speech Obama Should Deliver

    By Josh Boak and Eric Pianin, The Fiscal Times

    The contents of President Obama’s State of the Union address next week aren’t a state secret. He’s already been spelling out his second term agenda in his inaugural address two weeks ago and a...

  • Interior Department Prepares Staff for Budget Cuts

    By The Fiscal Times Staff

    The Fiscal Times has obtained a copy of an Interior Department memorandum to all workers highlighting the likely impact and consequences if sequestration takes hold next month. The memo, from the...