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...

  • Hospitals Launch New Push to Slash Labor Costs

    By Merrill Goozner, The Fiscal Times

    Faced with the prospect that the Affordable Care Act’s Medicare cost control http://www.thefiscaltimes.com/Articles/2011/06/09/Medicare-Cost-Control-... measures will remain in place even if the...

  • Obama Claims the Buffett Tax Will Create Jobs

    By Merrill Goozner and Michelle Hirsch, The Fiscal Times

    he Obama administration is shifting gears slightly in its effort to promote the so-called Buffett tax, which could slap a minimum 30 percent tax rate on anyone who makes $1 million or more a year.

  • Dollar Falls to a One Month Low

    By JULIE HAVIV, Reuters

    The dollar fell to a one-month low against the yen on Monday as last week's disappointing U.S. employment data bolstered views the Federal Reserve could ease monetary policy further to boost the...

  • Stimulus Fraud and Weak Jobs Pose Threat to Obama

    By Eric Pianin

    Almost from the time it was enacted, the Obama administration’s $825 billion economic stimulus program has been under siege by critics who claim it wastes federal funds without creating meaningful or...

  • Obama Rips into Romney for Praising Ryan Budget

    By Jeff Mason, Reuters

    When President Barack Obama criticized Mitt Romney by name this week for embracing a controversial Republican budget proposal, he worded his attack carefully and with bite. "(Romney) said that he's '...