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...

  • U.S. fiscal cliff looms large at Mexico G20 meet

    By Reuters

    MEXICO CITY (Reuters) - World finance chiefs this weekend will press the United States on how it can prevent its fiscal problems from hitting the global economy and will seek reassurance from Europe...

  • Insight: Putin's Russia - more fragile than it looks

    Insight: Putin's Russia - more fragile than it looks

    By Michael Stott, Reuters

    MOSCOW (Reuters) - When Vladimir Putin celebrated his 60th birthday this month, a group of patriotic mountaineers unfurled a portrait of the Russian leader on a 4,150-metre mountain peak. Hailing him...

  • Moody's says Sandy will test municipalities' liquidity

    Moody's says Sandy will test municipalities' liquidity

    By Reuters

    NEW YORK (Reuters) - Massive storm Sandy might put strains on the liquidity of some municipalities facing unbudgeted costs related to clean-up and repairs, Moody's rating agency said on Thursday. The...

  • Democrats Likely to Retain Control of Senate

    By Eric Pianin

    A year ago it looked like the Republicans had a lock on reclaiming control of the Senate, but the latest projections by University of Virginia political scientist Larry Sabato calls for the Democrats...

  • France, Britain set stage for EU budget wrangling

    France, Britain set stage for EU budget wrangling

    By Charlie Dunmore and Peter Griffiths, Reuters

    BRUSSELS/LONDON (Reuters) - British Prime Minister David Cameron came under pressure to act tough on the European Union budget and France threatened to use its veto, signaling a divisive start to...