House Speaker John Boehner questioned the feasibility of a bipartisan Senate deal to renew expired benefits for the long-term unemployed.» Read More
Congress faces a Sept. 30 deadline to renew federal funding for transportation programs, and the Highway Trust Fund that helps pay for road and bridge projects is teetering on insolvency.
WASHINGTON, Feb 26- The U.S. House of Representatives' top tax writer released a comprehensive tax code overhaul on Wednesday, but it was widely seen as dead-on-arrival in a Congress still deeply divided over fiscal policy.
WASHINGTON, Feb 26- The U.S. House of Representatives' top Republican tax writer will release a plan on Wednesday to overhaul the tax code, but it was widely seen as dead-on-arrival in a Congress still deeply divided over fiscal policy.
A "broad set of topics" is on the agenda for Boehner's first solo meeting with Obama in the Oval Office in more than two years.
WASHINGTON, Feb 20- President Barack Obama on Thursday dropped a measure to trim cost-of-living increases in Social Security from an upcoming budget proposal in an election-year move that may insulate fellow Democrats facing heat from senior voters.
WASHINGTON, Feb 18- Raising the U.S. minimum wage would lead to the loss of about half a million jobs by late 2016 while lifting almost a million Americans out of poverty, the Congressional Budget Office forecast in a report on Tuesday that reignited debate over one of President Barack Obama's top priorities this year.
On the fifth anniversary of a controversial economic stimulus plan, President Obama released a positive report that sparked a new round of partisan debate.
Obama had been in office only a month when he signed the American Recovery and Reinvestment Act of 2009, a $787 billion stimulus that Democratic majorities in both the Senate and House of Representatives passed over the objections of Republicans.
Happy Wednesday, and welcome to yet another frosty offering of the Morning Six-Pack.
WASHINGTON, Feb 11- The U.S. House of Representatives narrowly approved a one-year extension of federal borrowing authority on Tuesday after Republicans caved into President Barack Obama's demands to allow a debt limit increase without any conditions.
NEW YORK, Feb 11- The interest rate on U.S. one-month Treasury bills fell to their lowest level in over a week on Tuesday on signs of progress to raise the federal debt ceiling, which would avert the government from delaying payments on its debt.
WASHINGTON, Feb 11- Caving into President Barack Obama's demands for a "clean" debt ceiling increase, Republicans in the House of Representatives agreed on Tuesday to advance legislation that extends U.S. borrowing authority for a year with no strings attached.
WASHINGTON, Feb 11- Republican leaders in the U.S. House of Representatives on Tuesday caved in to demands by President Barack Obama and agreed to advance legislation raising Washington's borrowing authority without conditions.
WASHINGTON, Feb 10- Republican leaders in the U.S. House of Representatives will seek to make a 13- month extension of the federal debt limit conditional on the repeal of a planned cut in military pension benefits, lawmakers said on Monday. The proposal from U.S. House Speaker John Boehner came after weeks of internal party struggle.
NBC News' Steve Handelsman reports on the split in Washington over immigration amid the debt ceiling battle. Speaker Boehner said "there is widespread doubt about whether this administration can be trusted to enforce our laws."
House Speaker John Boehner hit the pause button on major immigration reform, one week after Republicans unveiled their "principles" for an overhaul.
WASHINGTON, Feb 7- The U.S. debt limit suddenly looks a lot less threatening as Republicans in the House of Representatives struggle to choose from a diminishing list of minor conditions for an increase needed by the end of this month.
WASHINGTON, Feb 6- U.S. House Speaker John Boehner said on Thursday there was no decision yet among his fellow Republicans on whether to add any conditions to raising the U.S. debt ceiling but he repeated there would be no default. He added a debt limit hike bill had to be passed by late February.
Feb 4- A U.S. farm bill was passed by the U.S. Senate on Tuesday and sent to President Barack Obama for his expected signature. The legislation, which was approved by the House of Representatives last week, will cost an estimated $956 billion over 10 years, a savings of about $16.6 billion compared with current funding, according to the Congressional Budget Office.
WASHINGTON, Feb 4- President Barack Obama's healthcare law will reduce American workforce participation by the equivalent of 2 million full-time jobs in 2017, the Congressional Budget Office said on Tuesday, prompting Republicans to paint the law as bad medicine for the U.S. economy.