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...

  • 13 Tax Breaks You’ve Never Heard Of

    By Steve Yoder, The Fiscal Times

    Part of a good tax strategy is finding deductions in the hidden corners of the cluttered labyrinth that is the U.S. tax code. Here are 13 lesser known activities that can get you a tax break this...

  • Greek political parties to testify over bank loans

    By Reuters

    ATHENS (Reuters) - Greek prosecutors have ordered the two main ruling parties to testify in an investigation into more than 200 million euros in loans they received from banks, officials said on...

  • Prices seesaw after jobless and manufacturing data

    By Luciana Lopez, Reuters

    NEW YORK (Reuters) - Prices for U.S. Treasuries seesawed in choppy trading Friday after data showed a slight rise in the unemployment rate, but gains were checked by a separate report showing U.S...

  • Battle of the Budget Knights as Deadlines Near

    By Eric Pianin and Josh Boak

    As the new chairman of the Senate Budget Committee, Democrat Patty Murray holds one big advantage Rep. Paul Ryan, her GOP counterpart in the House: No one whispers about her presidential chances in...

  • Down, Not Out: The GOP on a Campaign of Reinvention

    By Bruce Bartlett, The Fiscal Times

    It’s worth repeating that all political parties are coalitions of people with diverse interests and priorities. What holds them together is one thing and one thing only – a desire to achieve...