Budget crisis eases as Republicans seek to avoid shutdown
WASHINGTON (Reuters) - Tension over the fiscal crisis eased on Monday as President Barack Obama called more opposition lawmakers to find a way to stop $85 billion in damaging budget...
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U.S. weighs wiggle room for agencies to deal with spending cuts
WASHINGTON (Reuters) - As across-the-board spending cuts were to take effect for the U.S. government, bureaucrats on Friday were still trying to figure out how much wiggle room they have...
House Republicans seek to avoid potential government shutdown
WASHINGTON (Reuters) - Republicans in the House of Representatives are planning to put up for a vote next week a plan that avoids yet another nasty partisan budget fight, this...
House Republicans seek to avoid potential government shutdown
WASHINGTON (Reuters) - Republicans in the House of Representatives are planning to put up for a vote next week a plan that avoids yet another nasty partisan budget fight, this...
Doom scenarios for U.S. budget cuts may be overplayed
WASHINGTON (Reuters) - Hundreds of thousands of people made homeless, long waits at airports and criminals going unpunished. Those were among the dire warnings from the Obama administration on Thursday...
U.S. Senators, not House members, cross aisle for Obama speech
WASHINGTON (Reuters) - As President Barack Obama laid out his second-term agenda to Congress on Tuesday, Senate Democrats and Republicans made another attempt to show they were willing to set...
Automatic budget cuts to happen: Senator McConnell
WASHINGTON (Reuters) - The Senate's top Republican predicted on Tuesday that automatic spending cuts will take effect on March 1 as scheduled. Senate Minority Leader Mitch McConnell said he did...
Deficits to shrink through 2015, but debt to deepen: CBO
WASHINGTON (Reuters) - The budget deficit will drop below $1 trillion this year for the first time during Barack Obama's presidency, the Congressional Budget Office said on Tuesday, but it...
Senate approves $50.5 billion in long-delayed Superstorm Sandy aid
WASHINGTON (Reuters) - A long-delayed $50.5 billion aid package for victims of Superstorm Sandy cleared the Senate on Monday, three months after the storm destroyed or damaged hundreds of thousands...
Debt limit extension bill passes House
WASHINGTON (Reuters) - The House of Representatives on Wednesday passed a Republican plan to allow the federal government to keep borrowing money through mid-May, clearing it for fast enactment after...