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...

  • Romney’s One Chance to Hit a Debate Home Run

    By Josh Boak, The Fiscal Times

    Shortly after the first presidential debate on Wednesday night, all eyes will turn to one of the few factors that could still reshape the race: Friday’s jobs report, a barometer that will sort out...

  • 10 Big Debate Hurdles Obama and Romney Will Face

    By Eric Pianin

    President Obama and Republican presidential nominee Mitt Romney square off for the first time in a nationally televised debate tonight—possibly the last best chance for the former Massachusetts...

  • A Nation of Takers? Behind the Entitlement Explosion

    By Merrill Goozner, The Fiscal Times

    At some point in tonight’s debate, Republican candidate Mitt Romney will be asked about his views on the 47 percent – the beneficiaries of government programs he dismissed as potential supporters...

  • Spain's tax take tumbles as companies go abroad

    Spain's tax take tumbles as companies go abroad

    By Tracy Rucinski, Reuters

    MADRID (Reuters) - Spain's corporate tax take has tumbled by almost two thirds from pre-crisis levels as small businesses fail and a growing number of big corporations seek profits abroad to...

  • "Critical but stable" world nods at more risk

    "Critical but stable" world nods at more risk

    By Mike Dolan, Reuters

    LONDON (Reuters) - Like a patient in a critical but stable condition, the world economy may be in for years of low, spluttering growth and yet a lack of volatility may be acting as a green light for...