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The prospects for U.S. economic growth are "still too little" and "too uncertain," House Majority Leader Eric Cantor told CNBC. American can't just sit back on its laurels, he added.
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Rep. Chris Van Hollen, (D-MD), weighs in on Rep. Paul Ryan's budget plan, and discusses what needs to take place to reach a bipartisan compromise.
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The process in Washington to reach a federal budget compromise has not been based in reality, former OMB Director Jim Nussle told CNBC.
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Jim Nussle, The Nussle Group founder, discusses whether political leaders will be able to find bipartisan middle ground on the budget.
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*Ryan to repeat controversial health proposals. WASHINGTON, March 10- The Republicans' point person on fiscal issues in Congress said on Sunday that compromise with President Barack Obama is possible on taxes and spending even though his soon-to-be-unveiled budget plan faces certain rejection from Obama's Democrats.
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Newark Mayor Cory Booker told CNBC on Friday he's exploring a bid for U.S. Senate because the solutions to problems he's tackled New Jersey's largest city can work at the national level.
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House Speaker John Boehner talks with CNBC's Larry Kudlow about the sequester and the fact that it hasn't affected the stock market. The sequester will remain in effect, says Boehner, until an agreement is reached on spending and reforms. It's important to have buy in from the members of Congress in order to reach a successful outcome, he says.
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The House on Wednesday passed legislation to keep federal funds flowing to government agencies through Sept. 30, seeking to avert shutdowns that otherwise would begin on March 27 when current funding expires.
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Alan Miller, Universal Health Services, offers insight on the cuts hitting federal health programs.
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If the sequester begins forcing layoffs of federal workers, the nation's capitol and nearby Virginia and Maryland will feel the worst of the impact.
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Austan Goolsbee, University of Chicago Booth School of Business, warns that growth will go down and unemployment will go up as a result of these forced budget cuts.
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President Obama blamed Republicans' refusal to close `wasteful' loopholes for the automatic budget cuts going into effect Friday, and said Americans will get through the crisis.
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President Obama tells reporters he can’t just magically make Republicans leaders agree with him on a deficit deal. (1:40)
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CNBC's John Harwood reports deep spending cuts will automatically kick in after Republican lawmakers and the White House failed to agree on an alternative deficit-reduction plan.
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Has Wall Street been moving higher through this showdown because it prefers the spending cuts over tax hikes? CNBC's Ron Insana, provides perspective.
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CNBC's John Harwood and Scott Cohn report on how the automatic spending cuts might impact the economy.
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A breakdown of how the automatic spending cuts, otherwise known as the sequester, might impact your money, with CNBC's Steve Liesman.
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CNBC's Scott Cohn takes a look at dire sequester predictions from both sides of the aisle, and reports what he found.
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House Budget Chairman Paul Ryan told CNBC that he expects the across-the-board spending cuts known as the "sequester" take effect after Friday's deadline.
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Todd Cione, COO of Microsoft Asia Pacific, speaks to CNBC about the upgraded Windows Office and the importance of consumer privacy.
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President Obama will meet Friday with the top leaders in the House and Senate, hours past the deadline for averting automatic budget cuts, to discuss how to proceed on divisive tax-and-spend issues.