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...

  • Greek tax man targets business, Chili Peppers concert

    By Reuters

    ATHENS (Reuters) - The Greek government's quest to clamp down on tax evaders has netted tens of millions of euros, it said on Thursday, as tax inspectors head to island resorts and rock concerts to...

  • Analysis: ECB sets stage for euro rescue but will Spain jump?

    By Paul Taylor, Reuters

    PARIS (Reuters) - European Central Bank President Mario Draghi has delivered a roadmap for rescuing the euro zone from potential meltdown but the onus is now on Spain to swallow its pride and apply...

  • Draghi gets ECB backing for unlimited bond-buying

    Draghi gets ECB backing for unlimited bond-buying

    By Eva Kuehnen, Reuters

    FRANKFURT (Reuters) - The European Central Bank agreed on Thursday to launch a new and potentially unlimited bond-buying program to lower struggling euro zone countries' borrowing costs and draw a...

  • Draghi to deliver bond plan after ECB holds rates

    Draghi to deliver bond plan after ECB holds rates

    By Eva Kuehnen, Reuters

    FRANKFURT (Reuters) - European Central Bank chief Mario Draghi faces the most decisive moment of his presidency on Thursday when he aims to back up his vow to save the euro with a bond-buying plan -...

  • Clinton Commits Obama to an Audacious Agenda

    By Josh Boak, The Fiscal Times

    Former President Bill Clinton made a case for Obama’s reelection on Wednesday night as complex as his own tenure in the White House: tightly focused but rambling, folksy yet wonkish, a call for unity...