Thieves have claimed billions of dollars in bogus tax refunds from the IRS by swiping the Social Security numbers and identities of ordinary people.» Read More
CNBC's Eamon Javers reports that the House Energy & Commerce Committee is considering asking for a subpoena to get White House documents related to Solyndra. And the White House announces it's going to do a review of the DOE's loan portfolio.
Texas Gov. Rick Perry, seeking to jump-start his GOP presidential campaign with a 20 percent flat tax, said “I don’t care” if his plan gives millions to wealthy Americans because he says it will accelerate economic growth.
"Our troops in Iraq will be home for the holidays," says President Obama. "The transition in Afghanistan is moving forward and our troops are finally coming home."
While investors wait to see if the Europeans will agree to a major boost in their rescue fund to backstop sovereign debt and the banks who own it, here at home the economic news has turned slightly more positive.
Ron Paul's plan to slash $1 trillion in federal spending begins and ends at the government bureaucracies he says are most responsible for the mess.
A Republican debate will play out in one of this city's glittering casinos, but the real battleground for next year's U.S. presidential election lies in the foreclosure-racked neighborhoods that sprawl beyond the Las Vegas Strip's bright lights.
Wall Street loves Mitt Romney almost twice as much as it loves President Barack Obama, a new analysis of campaign finance reports shows.
CNBC's John Harwood talks to White House Chief of Staff Bill Daley about the Occupy Wall Street protests and the disconnect between the financial sector and Main Street.
If done right, Herman Cain’s proposal to replace all federal taxes with a 9 percent income tax, 9 percent national sales tax, and 9 percent corporate tax makes good economic sense.
Business executive Herman Cain has jumped to the top of the volatile Republican presidential race in a campaign season dominated by economic anxiety.
President Obama needs to stop campaigning and start working with Republican lawmakers who are interested in finding common ground for policies that will improve the economy, Rep. Paul Ryan said Wednesday.
Now that Herman Cain's stock has been rising in the Republican presidential scrabble, he's drawing a clear line between himself and the other candidates when it comes to taxes.
Mitt Romney offered a robust defense of the health care plan he signed as governor of Massachusetts and sought to look beyond his Republican presidential rivals at a debate here Tuesday night by presenting himself as the leader who is best prepared to take on President Obama.
CNBC's Eamon Javers reports Attorney General Eric Holder says the U.S. has charged two men, originally from Iran, for conspiracy to murder Saudi Arabian Ambassador.
Rep. Rob Andrews, (D-NJ), explains that in order to win the oval office, Mitt Romney must move to the political center.
In a grim sign of the enduring nature of the economic slump, household income declined more in the two years after the recession ended than it did during the recession itself, new research has found, reports the NYT.
As week five of the NFL season gets ready for kick-off, the Center for Responsive Politics has released the list of the NFL's most politically active teams. CNBC's Eamon Javers has the story.
Will the protesting voices on Wall Street actually change policy in Washington? Sharing perspective regarding the "Occupy Wall Street" protests, with Jonathan Weisman, WSJ senior political writer and White House correspondent; Ben White, Politico Morning Money columnist; and CNBC's John Carney.
CNBC's Hampton Pearson reports on Treasury Secretary Timothy Geithner's prepared statement regarding the annual report of the financial stability oversight council.
After months of turmoil and uncertainty, the Republican 2012 presidential race finally appears to have a settled field of candidates — with Mitt Romney solidifying his perch at the top of the pack.