The Senate passes a bill to restore expired long-term jobless benefits for 2.4 million Americans.» Read More
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.
CNBC's Eamon Javers reports on the extension of the payroll tax cut.
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.
"This is why people get so frustrated with Washington," President Obama said Thursday after the GOP agreed to the Senate's measure on the payroll tax cut extension. CNBC's Eamon Javers reports.
Democratic strategists say the break in the deadlock will change "everything" in the new year, with CNBC's Eamon Javers. "For Democrats that say this is a big game changer, I say win 2012," he says.
CNBC's Eamon Javers reports on the losers and winners in the tax cut agreement, and debating whether both parties will eventually reach a full year agreement and if the Tea Party is to blame for the stalemate, with Howard Dean, former DNC chairman, and Tom Tancredo, (R) former Colorado congressman.
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.
House speaker, John Boehner, announces in a press conference, he and Sen. Harry Reid, (D-NV) have reached an agreement on the tax cut bill, saying sometimes it's hard to do the right thing, and sometimes it's politically difficult to do the right thing.
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.
Labor to launch attacks on Republicans in benefits fight, with CNBC's Eamon Javers. "The Democrats are secretly loving this," he says. "
CNBC's Hamptson Pearson has the details of where the differences between the House and the Senate regarding the GOP payroll taxcut stand. Also, Manu Raju, Politico congressional reporter weighs in on whether Washington will agree upon a deal, or Americans will see a tax hike in January.
For the first time in our survey, not one newsmaker emerged a winner. See how President Obama, Bernanke, Brian Moynihan and others fared.
It's the second day of Allen Stanford's hearing in Houston to determine whether or not he's competent to stand trial, with CNBC's Scott Cohn.
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.