CNBC's John Harwood has the details on an official announcement expected from the Super Committee later today.
With the U.S. congressional joint select committee on deficit reduction — or 'super committee' as it has become known — needing to agree on cuts of $1.5 trillion within the next 48 hours, HSBC analysts are predicting Washington will agree a "procrastination plan."
Congress has sent President Barack Obama a bipartisan spending bill that averts a federal shutdown, but widespread Republican defections underscore rifts between the party's conservatives and pragmatists.
Wednesday morning House Committee on Oversight and Government Reform Ranking Member Elijah Cummings issued a press release detailing a letter he sent to the conservator of Fannie Mae and Freddie Mac, FHFA Acting Director Ed DeMarco.
Help the entrepreneurs and you'll get more than new products — you'll get thousands of new jobs, AOL co-founder Steve Case told CNBC.
Discussing the latest delays in the Congressional super committee, with Rep. Brad Sherman, (D-CA), and Rep. Paul Ryan, (R-WI).
It would be a great tragedy if a super tax hike came out of a supercommittee compromise deal. It would do great harm to the economy -- just as much harm as President Obama’s various tax-hike threats.
Will the Congressional super committee be able to put politics aside and reach a pro-growth deficit deal? Rep. Jeb Hensarling, (R-TX) and the committee's co-chair, weighs in.
Herman Cain became badly flustered on Monday when asked to assess President Obama’s policy toward Libya, raising new questions about his command of foreign policy as he lurched over five minutes from awkward pauses to halting efforts to address the issue.
The congressional 'super committee' could quickly become a super-sized headache for markets if it doesn't show progress by its Thanksgiving-eve deadline. Investors are decidedly negative in their view of the bi-partisan committee, as they remember the high level of political rancor surrounding the debt ceiling debate and the subsequent downgrade of the U.S. credit rating last summer.
The Republican co-chair of the so-called super committee in charge of slashing the nation's deficit on Sunday called deliberations a "rollercoaster ride," and gave no indication that a deal could be struck before the panel's Thanksgiving deadline.
Time is running out for the Congressional super committee to find at least $1.2 trillion in budget savings over 10 years, with CNBC's John Harwood.
David Walker, the former U.S. Controller General, told CNBC Thursday he won't run for the U.S. Senate seat in Connecticut because he doesn't want to put his family through another long commitment to public service.
Even as a recent good-faith swap of offers showed a narrowing of differences over taxes, a special deficit-cutting "super committee" seems to have hit a major snag just two weeks before its deadline.
Real-estate mogul Donald Trump played it cagey with CNBC, saying Thursday he won't be endorsing a Republican presidential candidate for another month.
The latest debate among Republican candidates for president was a tame affair that produced few factual claims needing correction. Candidates stuck mostly to promises and expressions of their conservative faith in free markets, and their disdain for government.
Rick Perry moved into spin control Thursday after a stumble during the Republican presidential debate, and insisted it won't force him out of the presidential race.
CNBC's Scott Cohn fact-checks the candidate's statements from last night's debate.
Gathering to discuss the debate, voters step up and speak live at CNBC.com's Speakers Corner.
Herman Cain swatted away character issues, Rick Perry couldn't remember which federal agencies he wants to eliminate, and all the Republican candidates agreed that the way to save the government is by shrinking it.