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.» Read More
NEW YORK, Oct 28- Federal officials on Monday unveiled plans for a second round of Superstorm Sandy disaster relief totaling $5 billion for five states and New York City, and they pledged that the pace of spending would pick up after a slow start.
The question of what a new House-Senate budget conference can deliver by its Dec. 13 deadline remains the subject of deep skepticism. The NYT reports.
House Republicans huddled on Friday to plot their next move amid a U.S. government shutdown and hopes for a deal to avoid a default.
WASHINGTON, Oct 1- The U.S. government began a partial shutdown on Tuesday for the first time in 17 years, potentially putting up to 1 million workers on unpaid leave, closing national parks and stalling medical research projects.
Federal agencies were directed to cut back services after lawmakers could not break a political stalemate that sparked new questions about the ability of a deeply divided Congress to perform its most basic functions.
Cisco Systems Inc, Apple Inc, Google Inc and other technology powerhouses have been pushing for legislation that would reduce the number of times each year that they are sued for infringement by a "non-practicing entity," a company that licenses patents as its business. Google has estimated the cost of such litigation to the U.S. economy at $30 billion a year.
House Republicans confronting the politically volatile issue of immigration are wrestling with what to do about those already here illegally.
The Senate is about to approve historic immigration legislation offering citizenship to millions in the U.S. illegally and spending billions of dollars to secure the border.
Immigration legislation offering citizenship to millions is swiftly gaining ground following a bipartisan agreement on dramatic steps aimed at securing the border with Mexico.
Key senators say they are closing in on a bipartisan compromise to spend tens of billions of dollars to stiffen the immigration bill's border security requirements.
The mix of tax dollars and undisclosed private financing raises questions about presidential libraries, like the one dedicated Thursday to former President George W. Bush.
Immigration requirements in the emerging Senate bill could end up excluding hundreds of thousands from the path to citizenship, a Senate aide said.
Major U.S. business and labor groups have reached an agreement on a guest-worker program that removes a major hurdle to a broad immigration overhaul and clears the way for Senate legislation to be introduced soon, according to a source.
A bipartisan group of leading senators unveiled an agreement Monday on the principles for a sweeping overhaul of the nation's immigration laws, including a path to citizenship for the 11 million illegal immigrants already in this country.
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)
President Obama is ceremonially sworn in to his second term, and addresses the people of the United States. "We the people still believe that every citizen deserves a basic measure of security and dignity, we must make the hard choices to reduce the cost of health care and the size of our deficit," he says.
CNBC's Eamon Javers reports capitalism is alive and well in the streets of Washington D.C. where President Obama's second inauguration is taking place today. Lamar Alexander, (R-TN) speaks on the peaceful transfer of power; and Vice President Joe Biden is ceremonially sworn in to his second term.
Discussing the inaugural addresses of former U.S. presidents, with Don Baer, Burson Marsteller CEO. Also, civil rights icon Myrlie Evers-Williams delivers the inaugural invocation for President Obama.
President Obama and Vice President Joe Biden, among other political leaders, ascend to the stage at the second inauguration of President Barack Obama.
WASHINGTON-- Good luck figuring out whether Republican presidential candidate Mitt Romney would cut or raise your taxes if he's elected president. President Barack Obama promises tax reform, too, but precious little detail.