Pandora Earnings: Loss of 10 Cents a Share, $128.5 Million Revenue vs. Expectations of 10-Cent Loss, $124 Million Revenue
Paul Ryan
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A Senate immigration bill would cost $6.3 trillion over 50 years to provide benefits for millions now in the U.S. illegally, the Heritage Foundation says in a controversial study.
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*Cuts to Social Security loom. WASHINGTON, April 10- The White House on Wednesday proposed a budget that sharply trims the U.S. deficit over three years by forcing millionaires to pay more in taxes and enacting spending cuts that replace the "sequester" reductions that went into place last month.
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Many politicians want to change the way Congress operates. So why do so many—Republican or Democrat—ultimately become the very creatures of habit they initially promised to replace, at least when it comes to pork and earmarks?
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*Passage of Senate plan shifts fiscal debate away from deadlines. WASHINGTON, March 23- The U.S. Senate on Saturday narrowly passed its first federal budget in four years, a move that will usher in a relative lull in Washington's fiscal wars until an anticipated summer showdown over raising the debt ceiling.
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*Senate signals support for oil pipeline, Internet sales taxes. WASHINGTON, March 22- The U.S. Senate was poised on Friday to pass its first federal budget in four years, a move that will usher in a relative lull in Washington's fiscal wars until an anticipated summer showdown over raising the debt ceiling.
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*With fiscal deadlines cleared, Congress to argue over budgets. WASHINGTON, March 22- The U.S. Senate was poised to pass its first budget in four years on Friday, a move that will usher in a relative lull in Washington's fiscal wars until an anticipated summer showdown over raising the debt ceiling.
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WASHINGTON, March 21- The U.S. House of Representatives eliminated the threat of a government shutdown next week, approving on Thursday a stop-gap funding bill that eases partisan tensions after months of bitter fights over budgets.
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CNBC's John Harwood reports the House has passed Rep. Paul Ryan's budget proposal mostly along party lines.
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WASHINGTON, March 18- The U.S. Senate on Monday inched closer to passage of a bill to fund federal agencies through Sept. 30 and avoid a government shutdown at the end of this month when existing money runs out.
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Leading congressional Republicans said on Sunday a broad deal with President Barack Obama on deficit reduction and entitlement reform remains possible but differed over potential flexibility on taxes, with the House speaker and budget leader not bending
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WASHINGTON, March 17- Leading congressional Republicans said on Sunday a broad deal with President Barack Obama on deficit reduction and entitlement reform remains possible but differed over potential flexibility on taxes, with the House speaker and budget leader not bending.
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Amid all the negativism out there, I believe optimism is in the air. Sometimes you have to search for it, or read it in the fine print. But I believe the political economy is getting better, not worse.
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As divisions over major reductions in federal budget deficits solidify, President Obama and members of Congress have begun weighing limited steps that might be brokered in a bipartisan deal.
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Democrats made a mistake by not going over the "fiscal cliff" because a "grand bargain" would have been easier to achieve, House Minority Whip Steny Hoyer told CNBC.
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Acting on the Senate's first budget since President Obama took office, a Democratic-led panel is moving toward party-line approval of a fiscal blueprint that would trim the budget deficit while protecting safety net programs from slashing cuts proposed by Republicans.
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Rep. Steny Hoyer, (D-MD), discusses whether there is any room for bipartisan compromise, as Congress weighs competing budgets in the House and Senate.
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WASHINGTON, March 13- Vastly different Republican and Democratic budget visions to shrink deficits and invest in the economy debuted this week, including the Senate's first serious budget effort in nearly four years.
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WASHINGTON, March 13- Annual U.S. deficits under a new plan from Senate Democrats would be in the $400- 600 billion range for much of the next decade, a level they say would allow stronger near-term job growth than Republicans' balanced-budget vision.
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WASHINGTON, March 13- Annual U.S. deficits under a new plan from Senate Democrats would be in the $400- 600 billion range for much of the next decade, a level they say would allow stronger near-term job growth than Republicans' balanced-budget vision.
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*President continues wooing members of Congress. WASHINGTON, March 13- President Barack Obama met on Wednesday with his toughest critics in Washington- House of Representatives Republicans- and made little headway in convincing them to accept his demand for tax increases as part of a deficit-reduction deal.
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VATICAN CITY- Jorge Mario Bergoglio of Argentina was elected in a surprise choice to be the new leader of the troubled Roman Catholic Church on Wednesday, the first non-European pontiff in nearly 1,300 years, and said he would take the name Francis I.