• House Votes to Suspend Debt Ceiling Until May Wednesday, 23 Jan 2013 | 1:29 PM ET

    With tacit support from President Barack Obama, the GOP-controlled House approved an extension of the debt ceiling Wednesday, heading off an economy-rattling fiscal crisis for at least four months.

  • Hillary Clinton Clashes With GOP Senator     Wednesday, 23 Jan 2013 | 10:45 AM ET

    Secretary of State Hillary Clinton responds vehemently to Sen. Ron Johnson's (R-WI) allegation that the State Department misled the American public on the embassy attack in Libya. (1:03)

  • Don't Forget to Take These Tax Deductions and Credits Wednesday, 23 Jan 2013 | 10:24 AM ET

    Taxpayers can breathe a sigh of relief after crucial credits and deductions were extended. Now, what were they again?

  • Sen. Toomey: 'Senate Doesn't Function'     Wednesday, 23 Jan 2013 | 7:50 AM ET

    Sen. Pat Toomey, (R-PA), weighs in on the House vote today on the debt ceiling and explains why he would like to see offsetting spending cuts.

  • GOP Moves to Suspend Debt Ceiling Until May Tuesday, 22 Jan 2013 | 8:44 PM ET

    House Speaker John Boehner indicated Tuesday that Republicans will vote on an extension of the federal debt ceiling to allow Treasury to borrow money until mid-May. The move would reverse the order of a series of expected debt and spending fights in Washington, an effort designed to put the GOP on more sound political footing.

  • Vigil outside the Supreme Court at last year's anniversary of Roe v. Wade decision.

    As the 40th anniversary of Roe v. Wade takes place Tuesday, a majority of Americans – for the first time – believe abortion should be legal in all or most cases, according to the latest NBC News/Wall Street Journal poll.

  • House to Vote on 'No Budget, No Pay' Wednesday Tuesday, 22 Jan 2013 | 8:53 AM ET
    Speaker of the House John Boehner

    House Republican leaders have scheduled a vote on Wednesday on a nearly four-month extension of U.S. borrowing capacity.

  • Obama Lays Out Battle Plan as He Launches Second Term Tuesday, 22 Jan 2013 | 6:59 AM ET
    President Barack Obama gives his inauguration address during the public ceremonial inauguration on the West Front of the U.S. Capitol January 21, 2013 in Washington, DC.

    A confident President Barack Obama kicked off his second term on Monday with an impassioned call for a more inclusive America that rejects partisan rancor and embraces immigration reform, gay rights and the fight against climate change.

  • President Obama: We Are Not 'Nation of Takers'     Monday, 21 Jan 2013 | 12:02 PM ET

    In this excerpt from his Second Inaugural Address, President Obama defends the "commitments we make to each other - through Medicare, and Medicaid, and Social Security." (1:31)

  • Obama's Second Term: What History Says to Expect Sunday, 20 Jan 2013 | 10:05 AM ET
    President Barack Obama takes the oath of office on Monday.

    The myths and realities of second-term presidents – and what they portend for Obama.

  • House GOP Debt Ceiling Plan: 'No Budget, No Pay' Friday, 18 Jan 2013 | 2:11 PM ET

    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.

  • For Americans, 'Cope' Has Replaced 'Hope': NBC Poll Thursday, 17 Jan 2013 | 6:31 PM ET
    President Barack Obama

    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.

  • GOP May Seek Short-Term Debt Limit Extension Thursday, 17 Jan 2013 | 4:46 PM ET
    Rep. Paul Ryan, R-Wis.

    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.

  • Obama Gun Control Plan Faces Tough Road in Congress Thursday, 17 Jan 2013 | 11:24 AM ET
    President Barack Obama announces the creation of an interagency task force for guns as as Vice President Joseph Biden listens on.

    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.

  • Obama Seeks Assault Gun Ban, Background Checks Thursday, 17 Jan 2013 | 10:21 AM ET
    President Obama signs executive actions to curb gun violence as Vice President Joe Biden (L) and invited guests look on.

    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.

  • Dem Elder Statesman: We Spend Too Much Wednesday, 16 Jan 2013 | 11:20 AM ET

    The government has a "spending problem" and that needs to change, former House Majority Leader Richard Gephardt told CNBC.

  • Debt Ceiling Battle: Why No One Agrees on Anything Wednesday, 16 Jan 2013 | 10:17 AM ET

    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.

  • Conservatives to GOP: Don't Mess With the Debt Ceiling Wednesday, 16 Jan 2013 | 9:48 AM ET
    Alan Simpson

    Republican lawmakers are being told by a growing number of conservatives to stop using the debt ceiling crisis to force major spending cuts.

  • Private Jet Traffic Plummets for Second Inaugural Wednesday, 16 Jan 2013 | 9:44 AM ET

    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.

  • Damage in the Rockaway neighborhood in New York City, where the historic boardwalk was washed away during Hurricane Sandy.

    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.

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