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...

  • Budget deficit tops $1 trillion for fourth straight year

    By Rachelle Younglai, Reuters

    WASHINGTON (Reuters) - The United States government reported a budget surplus for the final month of the 2012 fiscal year, but the tiny bump in revenues did not prevent the country's deficit from...

  • Polish PM wins vote of confidence in parliament

    Polish PM wins vote of confidence in parliament

    By Reuters

    WARSAW (Reuters) - Polish Prime Minister Donald Tusk on Friday won a parliamentary vote of confidence that he himself had requested to slap down criticism of how he is handling the slowing economy...

  • The Ryan vs. Biden Debate: All Heat, No Light

    By Josh Boak, The Fiscal Times

    ice President Joe Biden set a confrontational tone in the Thursday vice presidential debate, referring to Republican opponent Rep. Paul Ryan as a “friend” whose arguments were “malarkey” when his...

  • If Romney Wins, Will His Tax Plan Survive?

    By Bruce Bartlett, The Fiscal Times

    Republican Mitt Romney’s signature campaign issue is his plan to cut tax rates by 20 percent across the board to jumpstart the economy. Should he be elected, what are the odds that he will be able to...

  • Spain says ECB plan ready to be used, no blocking

    Spain says ECB plan ready to be used, no blocking

    By Julien Toyer, Reuters

    TOKYO (Reuters) - Spain on Friday said a European bond-buying plan was fully ready for use and that there was absolutely no political resistance from within the euro zone to a Spanish bailout request...