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...

  • Obama's Lead Over Romney Widens Despite Jobs Data

    By Reuters

    President Barack Obama, picking up support following the Democratic National Convention, widened his narrow lead over Republican U.S. presidential challenger Mitt Romney in a new Reuters/Ipsos poll...

  • EU pushes more moves to stem debt crisis

    EU pushes more moves to stem debt crisis

    By Francesca Landini and Lisa Jucca, Reuters

    CERNOBBIO, Italy (Reuters) - European Union officials pushed on Saturday to accelerate moves to stem the bloc's long debt crisis as Italian premier Mario Monti warned that economic suffering was...

  • EU's Rehn welcomes ECB bond buying plan

    EU's Rehn welcomes ECB bond buying plan

    By Reuters

    CERNOBBIO, Italy (Reuters) - The European Central Bank's plan to buy the bonds of euro zone countries whose debt yields are excessive is a major step towards stabilizing markets, European...

  • Obama, Short on Policy Details, Asks for More Time

    By Eric Pianin and Josh Boak

    President Obama preached the virtue of patience to the Democratic faithful on Thursday night, emphasizing the magnitude of an economic catastrophe that—in sharp contrast to Republican Mitt Romney—...

  • Why Barack Obama Will Win the Election Easily

    By Bruce Bartlett, The Fiscal Times

    Having failed rather spectacularly to correctly predict Mitt Romney’s running mate—I said it definitely would not be Paul Ryan less than 24 hours before he was picked -- I should probably avoid...