House Ways and Means Committee Chairman Dave Camp tells CNBC ahead of his panel's IRS scandal hearing that he wants to know who "hatched" the plan to target conservative groups.» Read More
House Ways and Means Committee Chairman Dave Camp tells CNBC ahead of his panel's IRS scandal hearing that he wants to know who "hatched" the plan to target conservative groups.
Congress wants answers on why the IRS targeted conservative groups, two senior politicians tell CNBC.
Rep. Charles Boustany tells CNBC he's confident Congress will follow the "paper trail" to hold to account those responsible for the IRS' targeting of conservative nonprofit groups.
When it comes to shareholder votes, the running tallies are a closely guarded secret - now, that protocol has changed, the NYT reports.
TOPEKA, Kan.-- Private negotiations with top legislative Republicans about tax issues are "going well," Kansas Gov. The Republican governor declined to discuss the details of what's under consideration in his talks with Senate President Susan Wagle and House Speaker Ray Merrick, other than he planned to keep meeting with them.
President Obama chimed in personally on the IRS controversy today, with CNBC's Robert Frank; Mitch Epner, former federal prosecutor; and CNBC's Larry Kudlow.
WASHINGTON, May 9- In the first legislative test for the U.S. Senate's bipartisan immigration bill, the Judiciary Committee defeated repeated efforts by Republicans on Thursday to significantly delay legalization for 11 million undocumented immigrants, a central focus of the bill.
WASHINGTON, May 9- Republicans in the House of Representatives passed a bill on Thursday, over the threat of a White House veto, that would allow the government to borrow money to pay bondholders and retirees if Congress fails to reach a deal to raise the U.S. debt ceiling.
The advocacy group created by Mark Zuckerberg and others to push for immigration reform has bankrolled TV ads endorsing some conservative stands, prompting an outcry from liberals.
*White House has said it will veto bill. WASHINGTON, May 9- Republicans in the House of Representatives passed a bill on Thursday that would require the Obama administration to prioritize government debt payments and retirement benefits if Congress fails to reach a deal to raise the U.S. debt ceiling.
Recently published health care figures from the federal government confirm what health advocates have been screaming about for years: charges vary enormously, NBC News reports.
April's U.S. budget surplus was bigger than a year ago and the government ran a much smaller deficit in the first seven months of the year, the CBO said.
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.
Warren Buffett and Bill Gates said it's only fair that online retailers collect state sales taxes, just as brick-and-mortar stores do.
*Democrats worry as fall enrollment period draws near* Potential repercussions for Congress, Obama presidency* Frustration over lack of details on public outreach By David Morgan. WASHINGTON, May 5- Healthcare reform should be the signature Democratic achievement of President Barack Obama's presidency.
Advocates on both sides of the aisle want to lower the official corporate tax rate and the country's biggest companies are in favor, but how? NYT reports.
An SEC investigation into stock trading after a leak involving a government decision is a "very gray area," former SEC attorney Jacob Frenkel tells CNBC.
Erskine Bowles, former co-chair of the president's debt commission, told CNBC that a "Grand Bargain" on deficit reduction is "on life-support," with the chances reaching it "north of zero" percent.
Janet Yellen is seen as a logical candidate to succeed the Federal Reserve chief Ben Bernanke, but critics remain wary of her stance on inflation.
Max Baucus, chairman of the powerful Senate Finance Committee, will not seek re-election to a seventh term next year, according to a Democratic aide.