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...

  • Merkel lauds wage deals, signals backing growth moves

    Merkel lauds wage deals, signals backing growth moves

    By Andreas Rinke, Reuters

    BERLIN (Reuters) - Chancellor Angela Merkel praised higher German wage deals and signaled flexibility on a financial transaction tax on Saturday, in a sign she is open to new measures to boost growth...

  • Spain calls for new euro fiscal authority

    Spain calls for new euro fiscal authority

    By Julien Toyer, Reuters

    MADRID (Reuters) - Spain, the latest combat zone in Europe's long-running debt wars, urged the euro zone to set up a new fiscal authority to manage the bloc's finances and send a clear signal to...

  • Irish "yes" to give euro zone scant respite

    Irish "yes" to give euro zone scant respite

    By Padraic Halpin and Harry Papachristou, Reuters

    DUBLIN/ATHENS (Reuters) - Ireland was poised to announce a "yes" vote to a European budget discipline treaty on Friday, but the referendum result brings little respite to a euro zone tormented by...

  • Can Romney Resist Marco Rubio as Running Mate?

    Freshman Sen. Marco Rubio of Florida says he has no interest in being Mitt Romney’s vice presidential running mate this fall -- but he seemed to be once again auditioning for the part on Thursday as...

  • Outrageous Corporate Earmarks Stage a Comeback

    By Merrill Goozner, The Fiscal Times

    Despite pledges to end legislative earmarks, the Republican-led House has enacted a spate of bills recently that include provisions that benefit special interests in specific members’ districts.