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...

  • How Obama’s Tax Hikes Actually Hurt the Middle Class

    By Diana Furchtgott-Roth

    In his Tuesday State of the Union address, President Obama will propose raising top tax rates on capital gains and dividends to 28 percent, up from the current rate of 24 percent. Prior to 2013, the...

  • The Wealthiest One Percent Are Doing Even Better

    By Dhara Ranasinghe, CNBC

    The combined wealth of the world's richest 1 percent could overtake that of the other 99 percent by 2016, according to a report by Oxfam published Monday, as billionaires, politicians and business...

  • Obama pushes minimum wage hike on State of Union road trip

    Here’s How the SOTU Guest List Is Shaping Up

    By Sarah N Lynch, Reuters

    The U.S. aid worker whose release from a Cuban prison helped pave the way toward restoring diplomatic ties with the communist nation will be among First Lady Michelle Obama's guests for Tuesday's...

  • What Scott Walker Brings to the Party in 2016

    By Dan Balz, The Washington Post

    Wisconsin Gov. Scott Walker doesn’t light up rooms when he enters. He is unassuming in that way, a proud cheesehead who wears a battery-powered electric jacket to keep warm at Packers and Badgers...

  • Fighting Cybercrime Doesn’t Have to Cost a Fortune

    By Benjamin Dean, The Conversation

    In the wake of the latest high-profile hack of Sony and claims of “cyber-vandalism” being thrown about, it’s normal to feel a sense of unease. Just this week, yet another proposal for new...