The agreed framework for a nuclear deal with Iran would make the world a safer place if implemented, President Barack Obama said.» Read More
As the government closed the books Sunday with a $1.1 trillion deficit for the year, which required borrowing 32 cents for every dollar it spent, budget analysts have little confidence in either man's plan to address the accumulating debt, now at about $16 trillion.
CNBC's Hampton Pearson reports if Congress does not reach a budget deal, it could trigger a downgrade by Moody's.
A new book by Bob Woodward mines the details of the largely failed negotiations between House Republicans and the White House to tame the nation’s deficit, The New York Times reports.
Congressional Republicans next week will push a bill to extend the so-called Bush tax cuts for another year, House Speaker John Boehner said Thursday.
House Speaker John Boehner discusses President Obama's policies, the crisis in Europe and the potential fiscal cliff. "The President's policies have failed, and as a result, he has turned to the politics of envy and divide," says Boehner, and he also explains why he thinks "extending all of the current tax rates would be the first big step in the right direction."
House Speaker John Boehner is playing a heroic role right now. In his efforts to prevent the Bush tax cuts from expiring, Boehner is aggressively taking on President Obama’s leadership ineptitude on the economy.
House Speaker John Boehner (R-OH) says the House is working to stop a gigantic tax increase and it's time for the Senate to get to work, with CNBC's Maria Bartiromo.
House Speaker John Boehner (R-OH) shares his perspectives on how to cut spending and deal with the regulation he believes is hurting U.S. economic growth, with CNBC's Maria Bartiromo.
Speaker John Boehner says the House will vote Friday on a GOP bill preventing interest rates on federal student loans from doubling this summer. But the legislation will be paid for by cutting money from President Barack Obama's health care overhaul law.
A united House Republican leadership surrendered crisply and cleanly on legislation to extend expiring payroll tax cuts for 160 million Americans, skipping most if not all of the self-defeating drama that accompanied their far noisier retreat on the issue late last year.
President Obama signed legislation Friday extending a payroll tax cut for two months, concluding an end-of-year drama that split Republicans and threatened a tax hike on 160 million Americans.
Congress is set to move out its payroll tax extension deal today, but the plan could still get hung up if anyone in the House rank and file gets testy.
Speaker John Boehner, (R-OH) says a two month agreement has been reached on the payroll tax-cut extention bill and he will ask for unanimous consent.
Speaker John Boehner speaks on the payroll tax extension. 'It's time for us to sit down and have a serious negotiation and solve this problem so American workers don't see their taxes go up in January,' he says.
For the first time in our survey, not one newsmaker emerged a winner. See how President Obama, Bernanke, Brian Moynihan and others fared.
An extension of the payroll-tax cut was in serious jeopardy Tuesday as the House and Senate refused to negotiate a compromise that affects 160 million Americans.
Speaker of the House John Boehner speaks to the decision for a formal conference to resolve the differences for the payroll tax cut bill between the Senate and the House.
The GOP-led House rejected a Senate bill to extend the payroll-tax cut for two months, putting the two chambers on yet-another collision course with millions of Americans facing tax increases and cuts in jobless benefits if the dispute is not resolved by year-end.
Scheduled to vote today, the House of Representatives is contentiously debating a Republican proposal that rejects a two-month extension of the payroll tax cut and unemployment benefits.
The U.S. House of Representatives will vote sometime Tuesday on a Republican plan calling for new negotiations with the Senate on extending a payroll tax cut now set to expire on Dec. 31, House lawmakers said on Monday.