Partisanship is as bad as it gets, meaning raising the $17 trillion borrowing limit may be tougher than expected, POLITICO's Ben White says.» Read More
WASHINGTON, Sept 20- A familiar Washington melodrama- will they or won't they shut down the government- took center stage on Friday when the Republican-controlled House of Representatives passed a bill to fund the government but only if President Barack Obama's landmark healthcare law is ransacked.
WASHINGTON, Sept 19- President Barack Obama and House of Representatives Speaker John Boehner are gripped in another budget battle, but so far the two are shouting at each other from a distance instead of sitting down and negotiating as crucial deadlines rapidly approach.
John Boehner tried to avoid defunding Obamacare in the budget negotiations. But his team capitulated yesterday. Here's what it's getting them.
*Republicans offer plan to fund government beyond Oct. 1.
WASHINGTON, Sept 18- Republicans in the U.S. House of Representatives on Wednesday set in motion a plan that is expected to avert a federal government shutdown on Oct. 1, but bring another battle over President Barack Obama's healthcare program.
WASHINGTON, Sept 17- Republican leaders in the U.S. House of Representatives faced increasing pressure on Tuesday from their restive caucus for a stop-gap government funding plan that defunds or delays "Obamacare" health reforms.
WASHINGTON, Sept 17- U.S. Senate Majority Leader Harry Reid said on Tuesday that legislation to keep the federal government operating beyond Sept. 30 must be passed in the House of Representatives before the Senate would consider a measure. Until they act, we're going to do nothing, "said Reid, the Senate's top Democrat.
*News came in phone call to White House on Friday. Merkley told the White House that there were now five Democrats on the committee, which would have to clear the nomination before a final Senate vote, who would oppose Summers, a former Treasury secretary under President Bill Clinton and a close confidante of Obama's.
Sen. John McCain and President Barack Obama may seem like an unlikely team, but amid an uncooperative House and Senate, they are coming to the middle and working to compromise.
President Obama pushed back against criticism of his former economic adviser Lawrence Summers, who is seen as a leading candidate to become the new chairman of the Federal Reserve.
Ted Cruz has outlined a plan to defund Obamacare going forward, but he needs Republicans to stand up and ban together to vote to withdraw financial support of the health-care law.
CNBC's John Harwood reports on the filibuster showdown in the Senate.
With the Senate thinking the unthinkable—a "nuclear option" on filibusters—you may have to consider politics before your next investment.
Lawmakers returned to fights over presidential nominations, student loans and the farm bill, and to the question of whether they can pass immigration reform.
Record low interest rates, cold hard cash on balance sheets and Mexico are among the themes at the Milken Institute Global Conference.
The Obama administration on Wednesday backed a plan that would temporarily eliminate spending cuts disrupting U.S. air travel, while lawmakers in Washington scrambled to avoid blame.
President Obama blamed Republicans' refusal to close `wasteful' loopholes for the automatic budget cuts going into effect Friday, and said Americans will get through the crisis.
President Obama will meet Friday with the top leaders in the House and Senate, hours past the deadline for averting automatic budget cuts, to discuss how to proceed on divisive tax-and-spend issues.
The Senate's senior Democrat and Republican reached a tentative agreement to impose modest limits on the filibuster, the delaying tactic that minority parties have long used to kill legislation and was immortalized in the film "Mr. Smith Goes to Washington."
Senate Minority Leader Mitch McConnell and House Democratic leader Nancy Pelosi are clashing over the prospect of another round of tax increases on the wealthy.