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...

  • Fed's Dudley urges more global policy coordination

    Fed's Dudley urges more global policy coordination

    By Reuters

    (Reuters) - The U.S. Federal Reserve's new inflation target is an example of the kind of steps policymakers globally should take to bolster cross-border coordination and stabilize the economy, an...

  • U.S. could make $15.1 billion on AIG bailout: GAO

    U.S. could make $15.1 billion on AIG bailout: GAO

    By Reuters

    WASHINGTON (Reuters) - Taxpayers could realize a profit of more than $15.1 billion from the massive government bailout of insurer American International Group, a congressional watchdog said...

  • Anti-austerity ballot backlash rattles euro zone

    Anti-austerity ballot backlash rattles euro zone

    By Lefteris Papadimas and Paul Taylor, Reuters

    ATHENS/PARIS (Reuters) - An anti-austerity backlash by voters in Greece and France shook the euro zone on Monday, causing jitters for the euro currency and stock markets amid deepening doubts about...

  • Bill Bradley: Super PACs Are Killing Democracy

    By Maureen Mackey, The Fiscal Times

    Bill Bradley says that Super PACs should be “illegal” because “there’s no question” they’re threatening American democracy. In an interview with The Fiscal Times as his new book, We Can All Do Better...

  • Oil conflict drills $2.4 billion hole in Sudan's finances

    Oil conflict drills $2.4 billion hole in Sudan's finances

    By Yara Bayoumy, Reuters

    KHARTOUM (Reuters) - Sudan's dispute with its southern neighbor over oil transit fees has created a 6.5 billion pound ($2.4 billion) gap in the country's public finances and caused exports to plunge...