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...

  • In China, political ambition comes at a monumental cost

    In China, political ambition comes at a monumental cost

    By Michael Martina, Reuters

    TIANJIN, China (Reuters) - Dong Zizhou casts his fishing net from the shore and fixes his gaze on a stand of 15 unfinished skyscrapers rising like concrete skeletons beside the Hai River, heralding...

  • France could cut labour charges for some sectors: minister

    By Reuters

    PARIS (Reuters) - The French government could propose cutting labour charges for selected sectors and companies as part of its plan to kickstart competitiveness, the junior minister for small and...

  • Crucial votes will end talk of Greece exiting euro: PM

    Crucial votes will end talk of Greece exiting euro: PM

    By George Georgiopoulos, Reuters

    ATHENS (Reuters) - Talk of Greece exiting the euro will end after critical votes in parliament this week on new austerity measures, labor reforms and the 2013 budget, Greek Prime Minister Antonis...

  • U.S. Should Be Urged to Avert Fiscal Cliff: OECD

    By Reuters

    The Group of 20 leading economies should appeal to the United States to avert automatic spending cuts and tax hikes that threaten U.S. and world growth, the head of the Organization for Economic Co-...

  • G20 carves out some more wiggle room on austerity plans

    G20 carves out some more wiggle room on austerity plans

    By Gernot Heller and Francesca Landini, Reuters

    MEXICO CITY (Reuters) - The world's leading economies gave themselves a bit more wiggle room on Monday to meet targets for cutting budget deficits rather than risk worsening a slowdown in many...