But the minutes, released Wednesday, also showed that most members agreed more data was needed to move up the schedule of rate hikes.» Read More
The myths and realities of second-term presidents – and what they portend for Obama.
The Republican-controlled House will vote next week to permit the government to borrow more money to meet its obligations, a move aimed at heading off a market-rattling confrontation with President Obama over the debt limit.
President Barack Obama approaches his second inauguration amid persistent public resignation about the tepid economic recovery, and a widespread belief that Washington's budget fights have made things worse, the latest NBC/WSJ poll says.
House Republicans may seek a short-term extension of the government's debt limit as the party seeks to maximize leverage in negotiations over spending cuts.
House Republicans are rejecting President Obama's $500 million gun-control plan while his allies in the Democratic-controlled Senate are stopping well short of pledging immediate action.
With children sitting nearby, President Obama proposed a new ban on assault weapons and universal background checks for gun buyers on Wednesday in a sweeping package to curb firearm violence after the killing of 20 first-graders and six adults in a Connecticut school last month.
The government has a "spending problem" and that needs to change, former House Majority Leader Richard Gephardt told CNBC.
How politicians even explain the way the government spends money depends on what party they belong to and whether that party holds the White House or Congress.
Republican lawmakers are being told by a growing number of conservatives to stop using the debt ceiling crisis to force major spending cuts.
The number of private jets scheduled to land in Washington, D.C. next week for President Obama's second inauguration is less than half of his 2009 inauguration's total.
The House of Representatives on Tuesday approved $50.5 billion in long-delayed federal disaster aid to victims of Superstorm Sandy, but not before Republicans flexed their budget-cutting muscle to strike some spending provisions.
President Barack Obama and Vice President Joe Biden will host children from around the country at a White House event Wednesday to unveil their package of proposals to curb gun violence in the U.S.
New York State's Assembly on Tuesday easily passed the nation's toughest gun control law, calling for a stricter assault weapons ban and provisions to try to keep guns out of the hands of the mentally ill who make threats.
Want to know what's on the mind of your members of Congress? Maybe the best way to find out is to look at the list of proposed amendments to the Hurricane Sandy relief bill in the House.
With plans for a congressional overhaul on hold, the board of governors for the U.S. Postal Service wants the cash-strapped agency to speed up cost-cutting efforts.
In front of children who wrote letters to him expressing concern about gun violence, President Obama will unveil proposals Wednesday to curb the misuse of firearms.
Northeast lawmakers hoping to push a $50.7 billion Hurricane Sandy aid package through the House face roadblocks by fiscal conservatives seeking offsetting spending cuts to pay for recovery efforts.
New York State already had what was considered the nation's toughest gun-control law. Here are provisions in a sweeping new bill expected to be approved by the Legislature on Tuesday afternoon.
The NRA has launched a free mobile application for Apple's iPhone and iPad that allows users to shoot at targets with various types of guns, including assault weapons.
Failure to raise the debt ceiling within a "timely" manner would see the United States' sovereign ratings put under formal review with "highly uncertain" consequences, rating agency Fitch warned U.S. policymakers Tuesday.
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