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...

  • Greeks march to mark 1973 student revolt against junta

    Greeks march to mark 1973 student revolt against junta

    By Renee Maltezou, Reuters

    ATHENS (Reuters) - Thousands of Greeks protesting against austerity policies rallied in Athens on Saturday to mark a bloody student uprising almost four decades ago against the military junta that...

  • Fiscal Cliff May Be a Buying Opportunity for Stocks

    By Reuters

    The 1987 crash. The Y2K bug. The debt ceiling debacle of 2011. All these events, in the end, turned out to be buying opportunities for stocks. So will the "fiscal cliff," some investors say as they...

  • Obama departs for Asia, to make historic stop in Myanmar

    Obama departs for Asia, to make historic stop in Myanmar

    By Reuters

    ABOARD AIR FORCE ONE (Reuters) - U.S. President Barack Obama departed on Saturday for a three-country swing through Asia, using his first foreign trip since winning re-election to emphasize his...

  • Romney May Be a Victim of His Own 'Romnesia'

    By Dan Eggen, The Washington Post

    Ten days after failing to sail into the White House, Mitt Romney is already being tossed overboard by his party. The former Massachusetts governor — who attracted $1 billion in funding and 59 million...

  • Geithner says Treasury cannot delay tax hikes

    Geithner says Treasury cannot delay tax hikes

    By Reuters

    WASHINGTON (Reuters) - The Treasury Department does not have the authority to delay the tax increases that will take effect at the end of the year if the White House and Congress are unable to stave...