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...

  • Ryan's path to Romney's No. 2 was steeped in secrecy

    Ryan's path to Romney's No. 2 was steeped in secrecy

    By Steve Holland, Reuters

    CHARLOTTE, North Carolina (Reuters) - Paul Ryan's path to becoming Mitt Romney's Republican vice presidential running mate was steeped in secrecy, from an incognito trip to meet Romney to a furtive...

  • Standard Chartered helped build damning case against itself

    Standard Chartered helped build damning case against itself

    By Aruna Viswanatha and Andrew Longstreth, Reuters

    WASHINGTON/NEW YORK (Reuters) - Standard Chartered, the British bank facing explosive money laundering allegations from New York State's top bank regulator, appears to have been burned by a decision...

  • Budget gap narrows to $69.6 billion in July vs. year ago

    Budget gap narrows to $69.6 billion in July vs. year ago

    By Reuters

    WASHINGTON (Reuters) - The monthly U.S. budget deficit shrank to $69.6 billion in July from $129.4 billion in the same month a year ago, reflecting a rise in government receipts and a drop in...

  • Why Obama's Welfare Waivers Have Both Sides Seething

    When he first heard that the administration was offering some states the chance to waive some work requirements in the federal welfare program, Ron Haskins said he had little doubt that President...

  • Pressure on Romney to pick Ryan as VP

    Pressure on Romney to pick Ryan as VP

    By Steve Holland and Richard Cowan, Reuters

    NEW YORK (Reuters) - With Republican Mitt Romney on the verge of choosing a vice presidential running mate, conservatives have mounted a concerted campaign to boost the chances of Representative Paul...