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...

  • Fiscal Cliff Talks Sure to Rattle Wall Street Nerves

    By Rodrigo Campos, Reuters

    With the S&P 500 above 1,400 following five days of gains, traders will be hard pressed not to cash in on the advance at the first sign of trouble during negotiations over tax hikes and spending...

  • Obama visits bookstore, promotes "Small Business Saturday"

    Obama visits bookstore, promotes "Small Business Saturday"

    By Margaret Chadbourn, Reuters

    WASHINGTON (Reuters) - President Barack Obama, in a bid to show support for small businesses, took his daughters on an early Christmas shopping trip on Saturday as the U.S. retail sector swings into...

  • Why Housing Is Still Hindering the Recovery

    By Zachary A Goldfarb, The Washington Post

    Nearly 11 million Americans, or more than a fifth of homeowners, are buried in debt, owing more than their properties are worth after piling their life savings into their properties — a persistent...

  • G.I. Blues: Petraeus, Budget Cuts, Troop Withdrawal

    By Greg Jaffe, The Washington Post

    These are tough times for the Army. The service is facing big budget cuts and hard questions about its future role in a Pentagon defense strategy that emphasizes air and naval power over ground...

  • NJ Governor estimates Sandy will cost state at least $29.4 billion

    NJ Governor estimates Sandy will cost state at least $29.4 billion

    By Chris Francescani, Reuters

    NEW YORK (Reuters) - Superstorm Sandy caused at least $29.4 billion in overall damage in New Jersey, according to a preliminary analysis released by Governor Chris Christie's office Friday. The...