But the White House declined to weigh in on the accuracy of allegations that the CIA may have illegally spied on Senate staff members. This is a link to an NBC News story.» Read More
Falling off the "fiscal cliff" is a bad thing, right? Not necessarily. Some states could begin collecting more in estate taxes.
Why is it so hard for Republicans and Democrats to compromise on urgent matters of taxes and spending? What will happen if they fail to meet their Jan. 1 deadline? Here's a look.
Congress waited for President Barack Obama to return from Hawaii and make one final attempt to avoid the "fiscal cliff."
It's hard to see how lawmakers can avoid touching health insurance if they want to eliminate loopholes and curtail deductions so as to raise revenue and lower tax rates.
As President Obama approaches his second term, he'll have to confront tough and shifting challenges that will play big roles in shaping the rest of his presidency and his place in history.
Workers probably won't feel the full brunt of next year's tax increases in their January paychecks, but don't be fooled.
Experts say there are ways to fix Social Security. Politicians just may not like trying to sell those changes to the American people. NBCNews reports.
Fiscal cliff: Many "Plan C's" are floating around, but President Barack Obama outlined the only real deal that is on the table — raise taxes on the top two percent, and restore the Bush-era tax cuts for the rest.
Top U.S. lawmakers voiced rising fear on Sunday that the country would go over "the fiscal cliff" in nine days, and some Republicans charged that was President Barack Obama's goal.
Last month's dreams of a "grand bargain" of tax hikes and spending cuts seem long gone and a stop-gap that puts everything off for a while but resolves nothing is now the most promising alternative.
President Obama, trying to break the stalemate over the fiscal crisis, challenged Republicans on Friday to agree to a quick deal to prevent a tax increase for all but the wealthiest Americans and the expiration of long-term unemployment benefits.
Now what? With the "fiscal cliff" talks stalemated and the deadline days away, where do Obama and Congress go from here? Here are some possible scenarios.
The National Rifle Association broke its silence Friday, a week after the massacre of 26 people at a Connecticut elementary school, proposing to put police officers in the nation's schools to prevent mass shootings.
House Democratic Whip Steny Hoyer told CNBC on Friday that Speaker John Boehner has to realize that he can't pursue partisan solutions.
Facing a GOP revolt, House Speaker John Boehner abruptly canceled a vote Thursday night on a plan to raise taxes for the wealthy, bringing the country closer to a plunge down the "fiscal cliff."
One in five of Americans earning less than $20,000 a year would see a tax hike of $1,070, since Boehner's bill would eliminate deductions for low earners.
With negotiations on a "fiscal cliff" deal at an impasse, Democrats and Republicans have turned toward sending political messages just before the Christmas holidays.
Income-based premium hikes are likely part of any budget deal, and would eventually affect one in four retirees.
House Speaker John Boehner pressed his backup tax plan Wednesday despite a White House veto threat, saying it will be approved Thursday by the GOP-controlled House.
CNBC's Steve Liesman takes you inside the spending proposals from both sides in the "fiscal cliff" negotiations and finds that the numbers don't add up.
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