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...

  • Slow, but Steady: A Deeper Dive into Jobs Numbers

    By Josh Boak, The Fiscal Times

    At first glance, the Friday jobs report looks like a mixed bag for the economy and the presidential election. Payrolls increased by 171,000 in October—eclipsing Wall Street projections by 46,000 jobs...

  • Employers Step Up Hiring; Jobless Rate Higher

    By Jason Lange, Reuters

    Employers stepped up hiring in October and the jobless rate ticked higher as more workers restarted job hunts, a hopeful sign for a lackluster economy that has been a drag on President Barack Obama’s...

  • Obama's Broken Promises: Will He Deliver If He Wins?

    By Josh Boak, The Fiscal Times

    President Obama never fully delivered on the expectations set by his groundbreaking 2008 victory—a disappointment that Republican Mitt Romney constantly reminds voters about at campaign rallies this...

  • Why a Romney Loss Could Save the Republican Party

    By Bruce Bartlett, The Fiscal Times

    I continue to believe that Barack Obama will win the election next week, but Mitt Romney is clearly within striking distance and could pull out a victory. Whether he wins or loses, however, is likely...

  • In the Badger State, divided over and baffled by Obamacare

    In the Badger State, divided over and baffled by Obamacare

    By Margot Roosevelt, Reuters

    BELOIT, Wisconsin (Reuters) - To Tim Givhan, Obamacare shouldn't be an excuse for election-year polemics: "It's a lifeline." A former IT specialist, Givhan tripped on a machine at work and landed on...