WASHINGTON— It flew through the Republican-run House in 2012, and a year later 79 of the Democratic-led Senate's 100 members embraced it. With Republicans now controlling both chambers of Congress, the chances for repealing the 2.3 percent tax on medical devices are better than ever. Created under Obama's expansion of health care coverage, the tax will raise...» Read More
PHILADELPHIA— Better messaging, not changes in policy, is the key to winning elections again, House Democrats said Thursday as they huddled in Philadelphia to talk strategy. This time, they're counting on Obama's rising popularity— and fading headlines on Ebola and terrorist beheadings— to help persuade voters they'd be better off with a Congress run by...
Volatility is going to continue, says William Daley, Argentiere Capital, discusses the impact of a strong dollar on multinational companies.
WASHINGTON, Jan 29- President Barack Obama's budget will call for an increase in domestic and military spending that would end spending caps known as "sequestration," a White House official said, setting up a new source of conflict with Republicans in Congress. The fiscal 2016 budget, which the White House intends to unveil on Monday, would fund a host of programs...
Obama just retreated after a live-fire experiment in tax reform and deficit reduction.
WASHINGTON— Most Americans including significant numbers of Republicans would want lawmakers to restore federal aid for buying coverage under President Barack Obama's health care law if the Supreme Court annuls some of the subsidies, according to a poll released Wednesday. But should the Supreme Court strike down subsidies for millions of people who buy...
WASHINGTON— Senate Democrats on Tuesday put the brakes on new Iran sanctions legislation, ending for now a looming showdown between Congress and President Barack Obama over negotiations to prevent Tehran from having the capability to make a nuclear weapon. At the same time, supporters of the bill say the letter signals the White House that Menendez and his...
Many pundits have written off cooperation between Obama and the GOP-controlled Congress. But not so fast, says Scott Paul.
Recent moves by the Swiss and Chinese are about one thing: credibility. Washington, on the other hand, has zero credibility, says hedge-fund manager Bill Ehrman.
House Speaker John Boehner says President Obama's tax plans and veto threats "just aren't the wrong policies, they're the wrong priorities."
The war to win back the middle class is far more important to our future than any conflicts abroad. And President Obama seems to be the only realist in Washington, this professor says.
The former House majority leader says he's worried that President Obama will "inflame and conflict with" the new Republican Congress in his State of the Union speech.
For the best trade around the State of the Union, political and financial analysts recommend housing and basic economy-related stocks.
Obama has two goals: further associate himself with the recovering economy and tilt the Democratic Party toward a populist platform, Politico's Ben White says.
Larry Kudlow, CNBC's senior contributor, explains why middle-income wage earners will benefit from a cut in corporate taxes.
Lanhee Chen, Hoover Institution, and Michael Feldman, Glover Park Group, provide their thoughts on what we can expect to hear from President Obama when he addresses the nation Tuesday night.
There may not be a government shutdown looming but there are some serious fiscal battles coming in the months ahead, says political consultant Stephen Myrow.
The New York Times reports that a tightfisted government imposes very real costs, especially for those benefiting from Medicaid. The NYT reports.
Thomas Donohue, U.S. Chamber of Commerce CEO, discusses key priorities for 2015.
Possible GOP presidential candidate Marco Rubio tells CNBC in a Web extra interview that if he were to run for the White House he believes he could win with a relevant message that would resonate.
Sen. Marco Rubio, (R-Fla.), shares his thoughts on the deal made between the U.S. and Cuba.