Calling Sunday's referendum a 'facade and a joke', U.S. Senator John McCain says the next long term goal for the U.S. is to help Ukraine regain Crimea. CNBC's Steve Sedgwick reports.» Read More
Brazil had been struggling for years to decide which company to choose for a $4 billion- plus fighter jet contract, one of the world's most sought-after defense deals and one that would help define the country's strategic alliances for decades to come.
WASHINGTON, Dec 18- The U.S. Senate was ready on Wednesday to pass a two-year budget deal aimed at avoiding a government shutdown in January despite objections by senators from both parties to proposed pension cuts for military retirees.
WASHINGTON, Dec 17- A two-year U.S. budget deal that eases some automatic spending cuts cleared a crucial Senate test vote on Tuesday, all but assuring its passage by a simple majority later this week in the Democratic-controlled Senate.
WASHINGTON, Dec 15- The Republican co-author of a rare bipartisan budget deal in Congress defended the agreement from opposition in his own party on Sunday as an asset that could help Republicans capture the Senate next year and the White House in 2016..
Senate Democrats are still short of the votes needed to pass a budget deal, Sen. Dick Durbin said Sunday.
That was the clear message from most lawmakers interviewed on Friday as well as from close observers of Congress, after the deal passed through the U.S. House of Representatives on Thursday on its way to the Senate. The deal was a "one-off," said Norm Ornstein, a scholar of Congress at the conservative American Enterprise Institute.
Most of Wall Street views a budget agreement as a done deal. If it's not, lots of people will have to rethink rosy scenarios for a happy New Year.
Democrats counting on Obama simply to pass the torch to Hillary Clinton may be in for a letdown, if this expert's analysis is correct.
WASHINGTON, Nov 6- Two senior U.S. senators on Wednesday called for an end to a stock option-related tax break that lets companies avoid paying billions of dollars in taxes.
Humana Inc said that because of technical problems preventing millions of Americans from accessing the federal HealthCare.gov website since it opened on Oct. 1, the company had slashed its expectations of signing on 500,000 new plan members to an estimate of closer to 250,000..
The national party and its supporters in business are desperate for a candidate who can reverse its trends with women and minorities.
Senators Graham and McCain threaten to put Janet Yellen's Fed chair nomination on hold. CNBC's Tyler Mathisen reports the details.
*Says fellow Senator Ted Cruz tapped vein of "anger". WASHINGTON, Oct 21- The troubled launch of Democratic President Barack Obama's healthcare website could give Republicans a chance to regain some of the political ground they lost during the recent government shutdown, Republican Senator John McCain said on Monday.
House of Representatives is unlikely to act on the issue until at least early next year, which could complicate its chances of passing Congress.
Leaders from both parties insist a new government shutdown must be avoided although a plan to dodge it is still elusive and Sen. Ted Cruz is urging a repeat.
WASHINGTON, Oct 20- The U.S. economy has been hurt by a recent budget standoff in Washington and it is important that the nation does not go through another around of brinkmanship, Treasury Secretary Jack Lew said on Sunday.
WASHINGTON, Oct 20- A week after U.S. Senate leaders brokered a bipartisan spending deal to reopen the U.S. government and stave off a potentially disastrous default on American debt, Reuters will host several key players in the budget dispute as part of its annual Washington Summit.
*But Boehner receives praise from Tea Party members. WASHINGTON, Oct 17- The debt and budget crisis that gripped Washington was the story of a Republican Party at war with itself.
Sen. John McCain, R-Ariz., told CNBC on Thursday that lawmakers should try the regular budget process for a change.
'What has been done to the civilian sector ... is so harmful,' says Sen. John McCain, (R-AZ), discussing the impact of the shutdown on American citizens as well as both political parties. McCain also shares his thoughts on how Congress can likely reach a compromise on the budget.