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...

  • Analysis: European austerity protests far from revolution

    Analysis: European austerity protests far from revolution

    By Nicholas Vinocur and Mark John, Reuters

    PARIS (Reuters) - In a cafe near the former site of Paris's Bastille prison, activists held a meeting last month to decide whether to join unions in protesting the French government's belt-tightening...

  • Obama to meet labor, business leaders for fiscal talks

    Obama to meet labor, business leaders for fiscal talks

    By Mark Felsenthal, Reuters

    WASHINGTON (Reuters) - President Barack Obama will meet business, labor and civic leaders this week ahead of negotiations with top lawmakers to avert sharp tax hikes and deep spending cuts that loom...

  • Veterans Day 2012 By the Numbers

    By Maureen Mackey, The Fiscal Times

    The annual Veterans Day Parade in New York City on Sunday will bring a crowd of more than 600,000 to midtown Manhattan to honor America’s military veterans – the first major event in the city since...

  • Greece votes on budget to unlock aid

    Greece votes on budget to unlock aid

    By Michael Winfrey and Harry Papachristou, Reuters

    ATHENS (Reuters) - Parliament in Athens prepared to vote an annual budget on Sunday that will cut spending and raise taxes yet again but which the government insisted will kill off talk of Greece...

  • The Fiscal Cliff Showdown: 4 Ways It Could Play Out

    The discussions starting between President Obama and congressional leaders will be a major test of whether re-elected leaders in Washington will be able to work together and forge a path toward a...