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...

  • Analysis: French search in vain for Hollande vision

    Analysis: French search in vain for Hollande vision

    By Mark John, Reuters

    PARIS (Reuters) - Just five months after bringing Francois Hollande to power, many French voters are already despairing that he can deliver on the vision they voted for. It was always going to be...

  • Cameron warns Britons to expect more budget cuts

    Cameron warns Britons to expect more budget cuts

    By Guy Faulconbridge and Matt Falloon, Reuters

    BIRMINGHAM, England (Reuters) - Britain will have to keep cutting public spending to reduce the budget deficit, Prime Minister David Cameron said on Sunday, underlining the government's tough task of...

  • Security and jobs key to EADS-BAE merger: UK

    Security and jobs key to EADS-BAE merger: UK

    By Reuters

    BIRMINGHAM, England (Reuters) - The proposed $45 billion merger between EADS and BAE Systems must ensure British security and jobs are preserved, finance minister George Osborne said on Sunday, just...

  • Euro zone mulls 20 billion euro separate budget: paper

    Euro zone mulls 20 billion euro separate budget: paper

    By Reuters

    BERLIN (Reuters) - European diplomats discussing the possibility of a separate budget to improve monetary union in the euro zone are considering a sum of around 20 billion euros ($26 billion),...

  • Three Fiscal Flashpoints that Can Cause a Recession

    By Douglas Holtz-Eakin, The Fiscal Times

    Policymakers, business, markets, and households alike are more aware than ever of the dangers posed by the federal government’s fiscal affairs. Indeed, there are three flashpoints that pose distinct...