Stock holdings, family businesses and real estate have left these lawmakers flush with cash.» Read More
Millions of recipients, disabled veterans and federal retirees can expect historically small increases in their benefits come January.
Republicans on Sunday kept up the drumbeat of blame against the President for what they say is his failure to negotiate with them on the fiscal crisis.
The chief of the IMF, Christine Lagarde, weighed in on the U.S. debt ceiling dilemma, warning that 'creative accounting' would not be the solution.
Lawmakers have taken their time trying to agree to terms for reopening the government. So how can we punish them? Here are some fun ways to do so.
Republicans were prepared to offer a deal featuring both an increase in the debt limit and an end to the government shutdown in return for spending cuts.
Stop worrying about a deepening crisis: The Republicans are realizing their strategy of shutting down the government was a disastrous failure.
The U.S. Energy Information Administration on Friday said it will not publish its weekly inventory and other data after today due to the government shutdown.
Negotiations between GOP leaders and President Obama could lead to a breakthrough to temporarily raise the debt ceiling, Rep. Kevin Brady told CNBC.
President Obama and House Republicans did not agree on an extension of the nation’s borrowing authority, but both sides agreed to keep talking.
The ongoing stalemate over the federal government shutdown and the prospect of debt default has damaged public confidence in the country.
Hopes were raised that a deal to end the U.S. shutdown and extend the government's borrowing authority could be reached as soon as Friday.
Republican Arizona Sen. John McCain said it was a mistake to link the debt fight to repealing Obamacare and pushed for the government to open again.
The government shutdown has crippled the economy of an Arizona town near the Grand Canyon, where most residents rely on tourism.
Speaker Boehner said that the GOP would offer a temporary increase in the debt ceiling in return for discussions with Obama on the budget and deficit.
The former Texas congressman and presidential candidate says his worry is a breakdown of the entire system.
With the federal government pushing toward a budget default, big business groups are worried they have lost sway over the GOP majority in the House.
Treasury Secretary Jack Lew warned Congress on Thursday that a failure to raise the debt ceiling in a timely fashion would imperil the global economy.
The federal government shutdown is really getting Larry Cihanek's goats—about 65 of them.
The worst calls for an outright depression as the effects of missing a debt interest payment cascade through the economy, markets and Main Street.
Investors are wary of the U.S.'s ability to pay its debt on time, shifting the market for Treasury bills and potentially having long-term effects.
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