Budget Battles
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Trump Impeached Again: What's Next?
The House on Wednesday impeached President Trump for the second time in 13 months, this time for “incitement of insurrection” for his role in trying to overturn the results of the election and...
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After the Capitol Attack: What Happens Next
The fallout from Wednesday’s chaos at the Capitol continued Thursday — and will likely be felt for some time. Here are the top developments: Congress certifies election, Trump says he will leave:...
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How Do We Respond to the Trump Insurrection?
Today, January 6, 2021, is a date which will live in infamy, to borrow President Franklin Delano Roosevelt’s words after Pearl Harbor was attacked in 1941. Only today’s horrifying attack on American...
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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, ReutersIn 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...
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Delaware Sues Opioid Manufacturers, Distributors Over Epidemic
By Nate Raymond, Reuters(Reuters) - Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making,...
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Trump Vows to Campaign Intensively for Republicans, May Avoid Primaries
By James Oliphant, ReutersWASHINGTON (Reuters) - President Donald Trump said on Wednesday that he plans to devote much of his time this year to helping Republicans maintain control of the U.S. Congress, but suggested he may...
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Trump Tries to Sell Tax Reform to Democrats
By David Morgan, ReutersWASHINGTON (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...
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Trump's drug czar nominee withdraws from consideration
By Sarah N. Lynch and Makini Brice, ReutersWASHINGTON (Reuters) - The U.S. lawmaker who was President Donald Trump's pick for drug czar withdrew on Tuesday after a report he spearheaded a bill that hurt the government's ability to crack down...
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Senate Republicans Gain Crucial Support for Budget Vital to Tax Reform
By David Morgan, ReutersWASHINGTON (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...
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U.S. consumer finance agency expected to punish Equifax: lawyers
By Reuters and Patrick RuckerBy Lisa Lambert and Patrick Rucker WASHINGTON (Reuters) - The U.S. consumer finance watchdog agency is expected to punish Equifax for its cyber breach with the wide-ranging powers it has used with...
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Gary Cohn: Here's What We Want From Tax Reform
By Michael RaineyGary Cohn, President Trump’s top economic adviser, told the Financial Times Friday that the White House will begin a sustained push on tax reform starting next week. The president will hit the road...
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The GOP Has One Last Health Care Plan. It Would Also Cause Millions to Lose Coverage
By Michael RaineyNow that Republicans have failed to pass multiple versions of health care bills to repeal and replace Obamacare, or just repeal it, there’s only one GOP health care bill left floating around: one...
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Moody’s Defines Debt Payment Risk for US Credit Rating
By Richard Leong, ReutersMoody's Investors Service said on Thursday it would consider stripping the United States of its top-notch rating in the event of a default, not over late or skipped payments on non-debt obligations,...
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Progressive Group Offers a New Guide to Tax Reform
By Michael RaineyThe Center for American Progress just launched its own guide to tax reform, joining other left-leaning groups as they gear up for a tax reform battle this fall.
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Wild About Tax Cuts, Wall Street Forgets Its Deficit Worries
Max Abelson at Bloomberg Businessweek details how the titans of Wall Street and others in finance — think Goldman Sachs CEO Lloyd Blankfein, JPMorgan Chase’s Jamie Dimon, Bank of America’s Brian...