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...

  • Election 2012: Now a Referendum on Medicare

    By Bruce Bartlett, The Fiscal Times

    Last week, I had a day all pundits dread—I made a confident prediction that Mitt Romney would not choose Paul Ryan as his running mate. Less than 24 hours later, he did exactly that. Obviously, my...

  • Fed hawks make case against further easing

    Fed hawks make case against further easing

    By Todd Melby, Reuters

    WILLISTON, North Dakota (Reuters) - Top officials at two of the Federal Reserve's most hawkish regional banks weighed in against further monetary policy easing, and a third on Thursday suggested the...

  • Baby Boomers: Will We Really Rock On Forever?

    By Linda Stern, Reuters

    What if the generation that once rocked out to The Who's "hope I die before I get old" line actually does? Most retirement plans and federal budget projections assume baby boomers will live...

  • Greek PM to meet euro leaders, seeking budget leeway

    Greek PM to meet euro leaders, seeking budget leeway

    By Harry Papachristou, Reuters

    ATHENS (Reuters) - Greek Prime Minister Antonis Samaras will next week hold his first meetings with euro zone leaders since taking office, striving to assure them he will honor a pledge for more...

  • Fact Check: Dems Lie about Ryan's Medicare Plan

    By Liz Peek

    Democrats have either decided that lying to the American public is perfectly OK, or they haven’t done their homework. I’m not sure which is worse. Since the announcement that Wisconsin Representative...