CNBC's John Harwood speaks to Rep. Paul Ryan (R-Wis.), about his efforts to pass reform bills and the president's willingness to tackle tough fiscal issues. Ryan says Harry Reid is preventing President Obama from making difficult decisions.» Read More
WASHINGTON, July 30- Republican congressman Paul Ryan on Wednesday slammed the U.S. Export-Import Bank as a purveyor of "crony capitalism" that mainly helps a few large companies, and said Congress should focus instead on market reforms that speed growth for all firms.
Paul Ryan proposed a new plan Thursday to merge up to 11 anti-poverty programs into a single grant program for states that he said would allow more flexibility to help lift people out of poverty. The Wisconsin Republican and 2012 vice presidential nominee is a respected voice within his party.
WASHINGTON, June 11- A shock primary election defeat for Eric Cantor, the No. 2 Republican in the U.S. House of Representatives, left his political party in chaos on Wednesday as financial markets worried the shakeup might renew budget fights that in the past have caused government shutdowns and near credit defaults.
WASHINGTON, June 11- U.S. House of Representatives Majority Leader Eric Cantor plans to step down as the No. 2 House Republican after a shock election defeat to a Tea Party movement upstart that set off an unexpected scramble for new leadership. The Washington Post reported that Cantor would leave his post effective July 31.
Known as a debt and deficit reformer, Ryan is expanding his focus to poverty fighter, telling a crowd that government has done an inadequate job.
*Obama budget seen adding $1.4 trillion in revenue over 10 years. WASHINGTON, April 17- President Barack Obama's fiscal 2015 budget request would boost U.S. tax revenue by nearly $1.4 trillion over 10 years if fully enacted, slashing deficits by $1.05 trillion while funding new spending, the Congressional Budget Office said on Thursday.
April 10- Media mogul Rupert Murdoch can envision his tabloid newspaper the New York Post as an all-digital publication in 10 years, he said during an interview with Fortune magazine published on Thursday. Murdoch, the chairman of News Corp and 21st Century Fox, acknowledged that the paper lost $40 million in 2012, hit by declines in advertising revenue.
WASHINGTON, April 7- Conservative Republicans who believe that Representative Paul Ryan's budget plan does not cut spending fast or deeply enough will get a chance to support an alternative plan that aims to balance the budget in just four years instead of 10..
CHICAGO, April 2- On a politically focused trip aimed at revving up his base and raising cash, President Barack Obama on Wednesday urged supporters to help Democrats keep control of the U.S. Senate and declared this year to be his last campaign.
WASHINGTON, April 2- House of Representatives Republican leaders on Wednesday predicted passage of a budget blueprint offered by Representative Paul Ryan, despite criticism from conservative Tea Party activists who said the plan would not eliminate federal deficits quickly enough.
ANN ARBOR, Mich., April 2- President Barack Obama, needing a spark to nudge Democratic voters to the polls in November, pressed his case on Wednesday for job-creation measures that have little chance of passing Congress.
Ryan's budget has no chance of passing the Democratic-controlled Senate. Ryan, the chairman of the House of Representatives Budget Committee, is calling for spending cuts totaling $5.1 trillion over a decade to reach a balanced budget by 2024 with no new tax revenue.
Rep. Paul Ryan, (R) Wis., House Budget Committee Chairman, discusses the war on poverty. Rep. Ryan says the poor have been isolated from the rest of Americans in many ways.
Rep. Paul Ryan, (R) Wisconsin, House Budget Committee Chairman, says the GOP needs a vibrant agenda to create jobs, increase take-home pay, and restart upward mobility.
WASHINGTON, March 8- Republicans, looking for ways to turn November's congressional elections into a referendum on President Barack Obama's signature healthcare law, are trying to portray Obamacare as a danger to Medicare.
WASHINGTON, March 4- President Barack Obama proposed new tax credits and job-training programs for U.S. workers on Tuesday in a 2015 budget that drew instant condemnation from Republicans, who dismissed the document as an election-year campaign pitch.
WASHINGTON, March 4- President Barack Obama proposed new tax credits and job-training programs for U.S. workers on Tuesday in a 2015 budget that highlights stark differences with Republicans, who favor a reduced government role in promoting economic opportunity.
President Obama proposed new tax credits and job-training programs in a 2015 budget that highlights stark differences with Republicans.
WASHINGTON, March 3 (Reuters)- President Barack Obama will strike a firmly populist tone in his 2015 budget plan on Tuesday, proposing to pay for an expansion of a popular tax credit for the working poor by eliminating tax breaks claimed by wealthy Americans.
CNBC contributor Robert Costa discusses Rep. Paul Ryan's House GOP budget agenda and war on poverty.