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Mitch McConnell

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  • Senator Mitch McConnell

    The office of Minority Leader Mitch McConnell has issued a swift response to Warren Buffett's offer to match three-for-one any contribution McConnell makes to reduce the deficit.  A spokesman suggests that Buffett should be matching contributions "from those who actually want to pay higher taxes, including Congressional Democrats, the President and the DNC."

  • 120111_Buffett_Time_Cover.jpg

    Warren Buffett has a challenge for Senate Minority Leader Mitch McConnell, telling Time he'll match three-for-one any voluntary donations McConnell makes to reduce the federal deficit.  It's a response to McConnell's criticism of Buffett's call for higher tax rates on the super-rich.

  • House Rejects Senate Bill To Extend Payroll-Tax Cut Tuesday, 20 Dec 2011 | 1:23 PM ET
    US Capitol Building

    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.

  • US House Sets Tuesday Vote on Payroll Tax Cut Talks Monday, 19 Dec 2011 | 8:49 PM ET
    US Capitol Building

    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.

  • Senate Minority Leader Mitch McConnell (R-KY)

    Republicans are prepared to extend the payroll tax cuts for another year, but Democrats conceding on the so-called “millionaires tax” would not likely be enough to reach an agreement on a deal, says Senate Minority Leader Mitch McConnell.

  • One-On-One with Sen. Mitch McConnell   Wednesday, 14 Dec 2011 | 7:00 PM ET
    One-On-One with Sen. Mitch McConnell

    Are Republicans prepared to extend unemployment benefits, if the Democrats agree to the Keystone pipeline? Discussing the ongoing payroll tax stalemate on Capitol Hill, with Sen. Mitch McConnell, (R-KY).

  • Warren Buffett

    Republicans are accusing President Obama of waging "class warfare" with his proposal for a new "Buffett Rule" that would create a minimum tax rate for anyone making more than one million dollars a year.

  • Scenes From the Debt Ceiling Talks Wednesday, 3 Aug 2011 | 3:30 PM ET
    The discussion over the U.S. debt ceiling had been going on for months, but an agreement wasn’t signed into law until the deadline set by the U.S. Treasury was reached. The debate was a rollercoaster that both shifted markets and brought the fiscal discipline of Washington to the forefront. Everyone from markets, ratings agencies, government officials, and other countries urged the U.S. to find a solution to the debt-ceiling debate. For better or for worse, Congress and the president were able t

    Seeing the president and members of Congress in action gives a new perspective on the debt talks. Click for scenes from the talks, in the month leading up to the compromise.

  • Nation Calls Capitol Mad, and It Agrees Saturday, 30 Jul 2011 | 3:18 PM ET
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    If the rest of the country thinks that Washington has gone mad this summer, that is pretty much the view in this bewildered capital, too. The New York Times reports.

  • If There's a Debt Deal, These Four Will Make It Happen Tuesday, 26 Jul 2011 | 2:53 PM ET
    Senate Majority Leader Harry Reid and House Speaker John Boehner

    It's this quartet  who will have to draw on their experience, skill and charm to find the deal and the votes to pass it for averting an unprecedented government default next week..

  • House to Vote on Tea Party-Backed Debt Plan Tuesday, 19 Jul 2011 | 9:08 AM ET
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    With a default deadline looming, House Republican leaders are giving the Tea Party what amounts to a symbolic floor vote on its "cut, cap and balance" debt-limit plan.

  • Obama Invites Senate Leaders to Discuss Debt Limit Friday, 24 Jun 2011 | 12:25 PM ET
    white_house.jpg

    The White House says President Barack Obama is stepping directly into stalled debt talks, inviting Senate Majority Leader Harry Reid and Republican leader Mitch McConnell separately to discussions Monday.