As Congress met before a four-day weekend, Republicans and Democrats alike discussed legislation likely to go nowhere. The Fiscal Times reports.» Read More
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.
Valerie Jarret, President Obama's senior advisor shares details behind House Speaker John Boehner's promise to vote down a Senate bill that extends payroll tax cuts for another two months.
Both parties agree the payroll tax cut needs to be extended for a year, says Rep. John Boehner, (R) House Speaker. "You can't do tax policy two months at a time," he adds.
As we seek your votes on this year's candidates, you’ll note that we have few repeats from 2010 and only one person who also made our inaugural list of 2009.
After struggling all year for an economic message that resonates broadly with Americans in hard times, President Obama and Congressional Democrats have settled on one they believe can carry through next year’s election as they use a fight over payroll taxes to portray Republicans as defenders of the wealthy at the expense of the middle class. The New York Times reports.
Didn’t our Democratic friends always intend to derail the supercommittee over the top Bush tax rates? You remember that $800 billion revenue number always floating around from the Democratic leaks?
Lawmakers in Washington are still at odds over spending and debt reduction. There's a key vote in the Senate later today, but is there any chance of a resolution? CNBC's John Harwood explains. Harwood also weighs in on the likelihood of a Chris Christie presidential run.
It's back to the future as Congress tussles over a continuing resolution to fund the government. Here's how to trade on the brinkmanship.
House Speaker John Boehner (R-OH) discusses the possibility of a government shutdown.
Whether the taxes on the rich in Europe raise enough money to close much of their budget shortfalls, they are being promoted as a step toward economic fairness at a time when governments are cutting spending on social programs like pensions, health care and education. The New York Times reports.
CNBC's John Harwood reports the details on the GOP's alternative jobs bill, and debating whether pro-growth tax reform legislation is needed, with Jared Bernstein, Center on Budget and Policy Priorities, and Rep. Nan Hayworth, (R-NY).
House Speaker John Boehner is calling for tax reform. In a speech today at the Economic Club of Washington, Boehner stressed the need to close loopholes and not raise income taxes that would hurt job growth.
CNBC's John Harwood reports the latest details on House Speaker Boehner's jobs creation plan which does not include tax increases.
House Speaker John Boehner presents the Republican jobs plan to the Economic Club of Washington. CNBC's John Harwood has the details.
Is all the partisan bickering and clashing hurting the economic recovery? Andrew Parmentier, Height Analytics, and Bill George, former Medtronic chairman/CEO weigh in.
CNBC's John Harwood with a look at the confusion over the date for President Obama's speech to Congress on September 8th, and a preview of what might be in his job proposal.
CNBC's John Harwood reports House Speaker John Boehner has requested the President move the date on his address to Congress.