Congressional negotiators resolved policy disputes to reach a deal for a $1.1 trillion spending bill on Tuesday but may still need a stop-gap extension to avoid a government shutdown on Thursday.» Read More
CNBC's John Harwood says all attention is focused on the Senate, where Harry Reid and Mitch McConnell both came to the Senate floor today to express their optimism that a deal would be struck.
The expectation that a debt deal may be forthcoming from talks in the Senate is "very possible," Sen. Bob Corker told CNBC.
The "Fast Money" traders discuss the current market environment, and how investors should play stocks come Monday.
NBC's Luke Russert reports GOP leadership aids are concerned over a difference in opinions between Harry Reid and President Obama.
President Obama and House Republicans did not agree on an extension of the nation’s borrowing authority, but both sides agreed to keep talking.
Facing a looming federal default, the House GOP leadership will meet with President Obama at the White House on Thursday in a bid to resolve the budget deadlock.
House Speaker John Boehner says he is willing to negotiate budget issues with President Barack Obama without any conditions.
House Speaker John Boehner again called for President Obama to negotiate with him about reopening the government and increasing the nation's debt limit.
John A. Boehner said the House would not vote to reopen the government without compromises on the health law.
House Speaker John Boehner denounced Washington's political stalemate, insisting that Congress isn't playing "some damn game."
The U.S. government is on the verge of a shutdown, with Robert Costa of National Review; and discussing the vote on delaying the individual mandate of Obamacare, with Sen. John Thune (R-SD). Costa says "there is no way the Senate Democrats will vote on this bill."
President Barack Obama threatened to veto a House Republican bill that would delay much of Obamacare for a year and cancel a tax on medical devices.
CNBC's John Harwood reports the Senate is still voting on the spending bill, which includes the Obamacare provision. There are 90 votes in favor already.
CNBC's John Harwood reports Sen. John McCain took a shot at Sen. Ted Cruz for having compared the people who stood by while Obamacare passed to "Nazi appeasers." The Senate will vote on the spending bill.
One of the biggest mistakes President Obama is making in the current debate is his repeated and stubborn refusal to negotiate.
John Boehner tried to avoid defunding Obamacare in the budget negotiations. But his team capitulated yesterday. Here's what it's getting them.
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.