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...

  • Week Ahead: Dumping Stocks at the Foot of the “Cliff"

    By Caroline Valetkevitch, Reuters

    Investors typically sell stocks to cut their losses at year end. But worries about the "fiscal cliff" - and the possibility of higher taxes in 2013 - may act as the greatest incentive to sell both...

  • Barroso says Italy vote must not stop reform drive

    By Reuters

    ROME (Reuters) - Early elections in Italy must not hinder the economic reforms of Prime Minister Mario Monti, the head of the European Commission was quoted as saying on Sunday, in a sign of growing...

  • Insight: Making France work again

    By Mark John, Reuters

    ECUEILLE, France (Reuters) - Shirt manufacturer Marc Roudeillac was delighted when 48 of the 49 staff in his factory in central France voted to adapt their strict 35-hour week contracts to meet the...

  • Italy PM Monti says he will resign when budget passed

    Italy PM Monti says he will resign when budget passed

    By Steve Scherer, Reuters

    ROME (Reuters) - Italian Prime Minister Mario Monti announced on Saturday that he would resign once next year's budget is approved, two days after Silvio Berlusconi's party withdrew its parliamentary...

  • Obama says he's ready to work with Republicans to avoid "fiscal cliff"

    Obama says he's ready to work with Republicans to avoid "fiscal cliff"

    By Mark Felsenthal, Reuters

    WASHINGTON (Reuters) - President Barack Obama, accused by Republican House Speaker John Boehner of pushing the country toward the "fiscal cliff," said on Saturday he was ready to work with...