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...

  • Spain vows to use bank bailout for deep clean-up

    Spain vows to use bank bailout for deep clean-up

    By Robin Emmott and Matthias Sobolewski, Reuters

    BRUSSELS/BERLIN (Reuters) - A euro zone bailout for Spain's crippled banks paves the way to clean up the financial sector within 18 months and will also put the economy on a path to recovery, Spain...

  • Italy eyes euro zone aid to ease debt pain

    Italy eyes euro zone aid to ease debt pain

    By Francesca Landini and Robin Emmott, Reuters

    BRUSSELS (Reuters) - Italy said on Tuesday it may want to tap euro zone aid to ease its borrowing costs as finance ministers struggled to convince markets they are getting a grip on the bloc's debt...

  • Obama Aims at Middle Class with Tax Cut Extension

    President Obama called for limiting an extension of the Bush era tax cuts to families making less than $250,000 a year, arguing that the middle class needed the help far more than the wealthiest two...

  • Ohio’s Swing State Blues and Reds Still Undecided

    By Merrill Goozner, The Fiscal Times

    Ohio's Republican leaders recognize Romney will have to rack up huge margins here to offset the big Democratic majorities in Cleveland and the Northeast if he is to have any hope of winning a state...

  • Euro zone finance ministers' meeting

    By Reuters

    BRUSSELS (Reuters) - Euro zone finance ministers met in Brussels to discuss support for Spanish banks and using the bloc's rescue funds to stabilize bond markets. Following are excerpts from the...