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John Boehner

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  • WASHINGTON, Jan 31- Completing a major Republican retreat from another messy showdown with President Barack Obama, the U.S. Senate on Thursday passed legislation to allow the government to keep borrowing money at least through May 19.

  • The Democratic-led Senate on Thursday approved must-do legislation to permit the government to borrow hundreds of billions of dollars more to meet its obligations, putting off one Washington showdown even as others loom in coming weeks.

  • WASHINGTON, Jan 31- The White House said on Thursday it is disbanding President Barack Obama's jobs council, a group of high-profile chief executives who gave advice on how to boost hiring at a time of high unemployment.

  • WASHINGTON-- A group of a half-dozen House members, equally divided between Democrats and Republicans, is nearing completion of wide-ranging immigration legislation similar to proposals by Senate negotiators and President Barack Obama, including a pathway to legal immigration status for 11 million illegal immigrants already in the U.S.

  • WASHINGTON, Jan 30- The White House on Wednesday blamed the surprising contraction of the U.S. economy at the end of last year at least partly on Republican "political brinkmanship" for threatening to let defense cuts take effect.

  • WASHINGTON, Jan 28- A long-delayed $50.5 billion aid package for victims of Superstorm Sandy cleared the Senate on Monday, three months after the storm destroyed or damaged hundreds of thousands of homes and businesses in coastal New York, New Jersey and Connecticut.

  • WASHINGTON, Jan 28- The U.S. Senate plans to vote on a long-delayed $50.5 billion aid package for victims of Superstorm Sandy on Monday, three months after the storm devastated New Jersey and New York coastlines and destroyed thousands of homes and businesses.

  • *U.S. weekly jobless claims unexpectedly fall to 5- year low. NEW YORK, Jan 24- U.S.

  • *U.S. weekly jobless claims unexpectedly fall to 5- year low. NEW YORK, Jan 24- U.S.

  • WASHINGTON, Jan 23- Previous budget dramas in Washington produced bargains that made it look like Congress was making great strides, without actually doing so. Wednesday's vote by the Republican-controlled U.S. House of Representatives to extend the government's borrowing power until May 19 was no different.

  • WASHINGTON, Jan 23- The U.S. House of Representatives on Wednesday passed a Republican plan to allow the federal government to keep borrowing money through mid-May, clearing it for fast enactment after the top Senate Democrat and White House endorsed it.

  • WASHINGTON, Jan 23- The U.S. House of Representatives on Wednesday passed a Republican plan to allow the federal government to keep borrowing money through mid-May, clearing it for fast enactment after the top Senate Democrat and White House endorsed it.

  • With tacit support from President Barack Obama, the GOP-controlled House approved an extension of the debt ceiling Wednesday, heading off an economy-rattling fiscal crisis for at least four months.

  • Debating whether Obama's remarks yesterday were actually intended to drive a wedge into the Republican Party. Mark Hannah, former campaign aide for John Kerry & Barack Obama; Kevin Madden, GOP strategist; and Ramesh Ponnuru, National Review, discuss motives behind the President's speech.

  • House Republicans propose a measure that includes a balanced budget requirement within 10 years. What's the likelihood of it going anywhere, With Robert Costa, National Review. Rep. Peter Welch (D-VT) and Rep. Sean Duffy (R-WI) discuss.

  • *White House, some Democrats prefer long-term solution. WASHINGTON, Jan 22- A measure to extend the U.S. debt limit for nearly four months moved closer on Tuesday to a vote and the White House said the president would sign the bill if it cleared Congress, easing uncertainty that could have threatened the U.S. economy.

  • 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.