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 challenges on vague Romney tax, budget plan

    Obama challenges on vague Romney tax, budget plan

    By Kevin Drawbaugh and Kim Dixon, Reuters

    (Reuters) - President Barack Obama challenged reporters on Thursday to check out his analysis of the Republicans' plan for taxes, the budget and the deficit - a plan sketched so far only in vague...

  • UK fights euro zone threat with $155 billion credit boost

    UK fights euro zone threat with $155 billion credit boost

    By Matt Falloon and Sven Egenter, Reuters

    LONDON (Reuters) - The government and central bank will flood Britain's banking system with more than 100 billion pounds ($155.43 billion), seeking to pump credit through an economy struggling to...

  • Middle Class Still Squeezed As Candidates Square Off

    By LAURA MacINNIS, Reuters

    President Barack Obama cast his re-election battle with Mitt Romney as a clash between starkly contrasting philosophies and charged that his Republican rival would hollow out the middle class in a...

  • Exclusive: Central banks ready to combat Greek market storm

    Exclusive: Central banks ready to combat Greek market storm

    By Stella Dawson and Lesley Wroughton, Reuters

    WASHINGTON (Reuters) - Central banks from major economies stand ready to take steps to stabilize financial markets by providing liquidity and preventing a credit squeeze if the outcome of Greek...

  • Fragile Dutch economy at mercy of euro crisis

    By Anthony Deutsch and Gilbert Kreijger, Reuters

    AMSTERDAM (Reuters) - The Dutch economy, struggling to escape recession, will face years in the doldrums if Europe's political leaders fail to put together a package of measures to contain the region...