WASHINGTON, Feb 12- The U.S. Congress approved an increase in the country's debt limit through March 2015, bowing to President Barack Obama's demands to extend federal borrowing authority without conditions, but only after a dramatic Senate vote on Wednesday.
Hours after Congress passed the measure, the Club for Growth and the Senate Conservatives Fund endorsed Chris McDaniel, the Tea Party Republican from Mississippi who is running for the seat occupied by Senator Thad Cochran.
*Groups like Club for Growth gain prominence with GOP. As the shutdown of the government approaches its third day, business leaders and groups like the U.S. Chamber of Commerce are worried about the economic implications of a standoff over the debt limit, but their pleas have not moved the Republican leadership in the House of Representatives to action.
An internal tug of war is raging between Republican luminaries and grassroots conservatives who decry immigration reform as "amnesty." NBC News reports.
A Senate immigration bill would cost $6.3 trillion over 50 years to provide benefits for millions now in the U.S. illegally, the Heritage Foundation says in a controversial study.
CNBC's Eamon Javers reports the GOP Senator from South Carolina will leave the Senate in January of 2013 to lead the conservative Heritage Foundation.
Claire McCaskill touted a $5.8 million fundraising haul for her re-election campaign Wednesday as Republican challenger Todd Akin sought to raise cash amid new attention to his remarks about abortion.
Todd Akin has backed almost $100 million for pet projects in recent years, including money for home-state military programs and local highway work. During his Republican Senate primary this summer, Akin even aired a television ad proudly defending his effort to bring home federal dollars for production of military armor in his district.
Expiration of the Bush-era tax cuts for annual incomes above $250,000 in a weak economy will translate to layoffs, Sen. Jim DeMint claimed Tuesday on CNBC.
President Obama voicing his support of gay marriage Wednesday was just a smokescreen to distract from his policies, Sen. Jim DeMint said on CNBC’s “The Kudlow Report.”
Will the Tea Party take over Congress in November? Sen. Jim DeMint, (R-SC) and Senate candidate, Richard Mourdock, (R-IN), weigh in on President Obama's policies, the U.S. economy and the nation's growing debt.
Sen. Jim DeMint on Tuesday took Democrats to task for failed investment measure, price of gas.
The attack ads on presidential contender Mitt Romney's ties to private equity are "character assassination" that is not good for the Republican Party, South Carolina Sen. Jim DeMint told CNBC.