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...

  • Obama Accuses Ryan of Blocking Farm Drought Aid

    By Jeff Mason, Reuters

    President Barack Obama announced an emergency purchase of up to $170 million of meat and fish on Monday on a campaign trip to drought-hit Iowa, and accused Republican vice presidential candidate Paul...

  • Greece sinks again, more cuts to save bailout in store

    By George Georgiopoulos, Reuters

    ATHENS (Reuters) - Greece's economy shrank 6.2 percent on an annual basis in the second quarter, a slump that is expected to persist as the government scrambles to nail down billions in additional...

  • New Law Puts “Bridge to Nowhere” Back on Track

    By Josh Boak, The Fiscal Times

    Remember Alaska’s infamous “bridge to nowhere,” the poster project for wasteful government spending? Well it might finally be headed into construction since most of the approval criteria for a...

  • Democrats plot attacks on "ideological leader" Ryan

    By Jeff Mason, Reuters

    CHICAGO (Reuters) - President Barack Obama on Sunday launched his opening salvo against Paul Ryan, whose emergence as the Republicans' vice presidential candidate gives the Democrats a chance to...

  • Romney vs. Obama: A Clearer Choice after Ryan

    By Josh Boak, The Fiscal Times

    Mitt Romney had a reputation as the head of Bain Capital for seeking to reduce the private equity firm’s risk and maximizing its reward. But the presumptive Republican presidential nominee took a...