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...

  • Spain hammered after short-lived Greek poll relief

    By William James and Marius Zaharia, Reuters

    LONDON (Reuters) - Spanish bond yields hit a new euro-era high above 7 percent on Monday as initial relief after a pro-bailout vote in Greek elections gave way to pessimism about the problems...

  • Greek target delay would entail more aid: ECB's Asmussen

    By Reuters

    BERLIN (Reuters) - Greece will need even more financial support if it is given additional time to meet the fiscal targets set out in its EU/IMF bailout program, a European Central Bank policymaker...

  • Spain suffers as sentiment sours after Greek poll

    By William James, Reuters

    LONDON (Reuters) - Spanish bond yields hit a new euro-era high above 7 percent and Italian yields jumped on Monday as initial relief after a pro-bailout victory in Greek elections gave way to...

  • No let-up for Spain, Italy pain after Greek vote

    By Lisa Jucca and Manuel María Ruiz, Reuters

    MILAN/MADRID (Reuters) - Spain called on Monday for the European Central Bank to step in to fight financial market pressure after any hopes that the Greek election result might ease the strain on...

  • Slovak PM: changing reform time-frame help Greece

    By Reuters

    BRATISLAVA (Reuters) - Giving Greece more time to deliver on its commitments on lowering debt, reforms seems to be the solution to the deeply-indebted country's problems with meeting the terms of...