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...

  • Sandy's Headwinds Stall Romney's Momentum

    By Josh Boak, The Fiscal Times

    In the closing days of the presidential race, Mitt Romney faces a new set of headwinds. Hurricane Sandy might be the ultimate twist in the election—and its ferocious squalls along with some stumbles...

  • UK's Cameron rocked by defeat in Europe budget vote

    UK's Cameron rocked by defeat in Europe budget vote

    By Peter Griffiths, Reuters

    LONDON (Reuters) - British Prime Minister David Cameron suffered a humiliating defeat in parliament on Wednesday after Conservatives rebelled over Europe, an issue that has divided his party for...

  • 9 Who May Lead the Fed—Depending on the Election

    By Merrill Goozner, The Fiscal Times

    It is beginning to look like no matter who wins next Tuesday’s election, the eighth Fed chairman Ben Bernanke, whose second term expires on Jan. 31, 2014, will join the two terms-and-out crowd...

  • Analysis: Investment sponges for a growth-saturated world

    Analysis: Investment sponges for a growth-saturated world

    By Mike Dolan, Reuters

    LONDON (Reuters) - When paltry growth, systemic risk and resource scarcity are darkening the global horizon, investors must hunt shrewdly to find stocks resilient enough to ride out the storm. Far...

  • Romney, Not Obama, Can Rappel Down the Fiscal Cliff

    By Liz Peek

    John Paulson’s $100 million gift to New York’s Central Park Conservancy was a stunning “thank-you” from the hedge fund titan to the city where he made his fortune. It is also yet another example of...