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...

  • Armstrong and the Death of American Exceptionalism

    By Craig Shirley, The Fiscal Times

    Op-Ed: To Americans in 1969, Neil Armstrong and the Apollo 11 astronauts were the ultimate expression of American exceptionalism – though we just called them “heroes.” Back then, America was still a...

  • GOP Convention Delegates: Pro Romney or Anti Obama?

    By Josh Boak and Eric Pianin and Brianna Ehley, The Fiscal Times

    Republicans gather in Tampa this week to nominate Mitt Romney for president after a bruising primary and for their first national convention since the Tea Party emerged as a powerful political force.

  • Merkel tries to calm storms over Greece, ECB policy

    Merkel tries to calm storms over Greece, ECB policy

    By Noah Barkin and Paul Carrel, Reuters

    BERLIN/FRANKFURT (Reuters) - Angela Merkel tried to calm a growing storm over euro zone crisis strategy on Sunday after the Bundesbank likened ECB bond-buying plans to a dangerous drug and a...

  • Has Romney Changed His Tax and Deficit Cutting Plan?

    By Henry Blodget, The Business Insider

    Mitt Romney has been remarkably successful in not committing himself to specific policy proposals that might offend certain voters, especially with respect to the economy. As a result, until now, he...

  • Mitt Romney's Unrelenting Road to Tampa

    By Karen Tumulty, The Washington Post

    As the presumptive GOP nominee in 2012, Mitt Romney fits more in the category of those who, with more mixed success, have run as true standard-bearers. Think Walter Mondale in 1984, George H.W. Bush...