CNBC's John Harwood reports House and Senate budget negotiations near a $90 billion deal. The proposed bill would reduce shutdown risk, but offers little long-term deficit reduction.» Read More
Sen. Michael Bennet (D-CO), says he hopes the House will look at the Senate immigration bill.
Sen. Michael Bennet (D-CO), discusses why he voted "no" on the fiscal cliff issue and the debt challenges that remain.
The Obama administration said budget negotiators in Congress would probably fail to strike a deal unless Republicans agree to raise revenues.
Sen. Rob Portman, (R-OH), weighs in on new tax revenues being presented by the Democrats. He also shows optimism for Democrats and Republicans to come to a budget deal by the end of the year.
The Treasury Department said the deficit in October was 24 percent lower than the $120 billion imbalance recorded in October 2012.
A detailed report from the Obama administration on the costs of the 16-day partial government shutdown shows less effective government service. NYT.
CNBC's Larry Kudlow speaks with GOP Senators Mike Lee of Utah, Tim Scott of South Carolina and Dan Coats of Indiana about the budget, taxes and Obamacare.
The new House-Senate Budget Conference held its first meeting today. Sen. Mike Crapo (R-ID) says there is an opportunity to protect the savings levels of the sequester.
Rising tax receipts led the US to run a budget surplus in September, leaving the federal deficit for the full year at its lowest level since 2008.
"What the hell did you guys gain?" Invemed Chairman and President Ken Langone asks Rep. James Lankford, R-Okla., about the shutdown. It was an overreach, Lankford admits.
"Taxes are off the board," says CNBC's Larry Kudlow, talking about an interview he had with Rep. Paul Ryan about where the GOP stands on the Federal budget and spending cuts.
CNBC's Steve Liesman provides a look at how the government shutdown and the looming debt debate impacted growth.
Rep. Chris Van Hollen, (D-MD), discusses the technical glitches associated with the launch of Obamacare and news that the White House knew millions of Americans could not keep their health insurance under the Affordable Care Act.
Oklahoma Rep. Tom Cole is now talking tax hikes. Democratic strategist Chris Kofinis; Washington Examiner David Drucker; and Mark Simone, WOR radio talk show host, discuss.
Ben White, Politico, "counts the ways" Washington is killing the economy. Jared Bernstein, Center on Budget and Policy Priorities, and CNBC's John Harwood weigh in.
Congress will look to avoid a budget battle next week as Senate and House reps plan to meet. CNBC's John Harwood reports potential elements of a deal.
CNBC's Mary Thompson speaks with Morgan Stanley CEO James Gorman, who discusses what he's doing to turn around the company, and how MS is positioning itself for any potential litigation. Gorman also addresses what he hopes to see coming out of Washington in the next few months.
Ian Bremmer, President of the Eurasia Group, says the re-opening of the U.S. government is a win for U.S. President Barack Obama, but cautions that the level of dysfunction in Congress still hasn't gone away.
It's back to work today for hundreds of thousands of government workers, who've been without a paycheck for the last two weeks. NBC's Tracie Potts reports.
President Obama says those who "manufactured" the budget crisis say they're trying to help the economy, but they are actually hurting it.