The new bipartisan budget deal will be approved, but not everyone is going to be happy about it, Rep. Tom Cole, R-Okla., predicted on CNBC Wednesday.» Read More
Rep. Tom Cole, (R-OK), shares his thoughts on last nights bipartisan agreement on the federal budget. The alternative to this is another government shutdown, Rep. Cole points out.
Frank Keating, American Bankers Association president & CEO, discusses implementation of the Volcker Rule and its impact on banks.
Jim Nussle, former OMB Director, and Roger Altman, Evercore Partners, share their thoughts on the bipartisan budget deal hammered out by Rep. Paul Ryan and Rep. Patty Murray. The budget deal doesn't solve the long-term budget problems of this country but it shows that government can do something at a time when most people thought government couldn't, Altman said.
CNBC's John Harwood and Ben White, Politico chief economic correspondent, discuss the likelihood of the long-awaited federal budget agreement passing both Houses, despite a sticking point on extending long-term unemployment benefits.
Blu Putnam, chief economist at CME Group, says the budget deal in the U.S. will remove uncertainty over a government shutdown.
Kenneth Bentsen, President of the Securities Industry and Financial Markets Association says the U.S. budget deal is a good move towards reducing risk.
CNBC's John Harwood reports congressional budget negotiators have reached a 2-year deal that lowers sequester cuts by $63 billion.
Steve McMahon, Democratic Strategist; and Robert Traynham, former Bush-Cheney Senior Advisor, discuss possible splits in Congress the new budget deal may cause.
Alain Bokobza, Head of Global Asset Allocation, Societe Generale Corporate & Investment Banking says it is important to highlight the imbalances within each emerging economy when the Fed tapers.
House Majority Leader Eric Cantor expresses the importance of maintaining sequester savings in budget negotiations. Upward mobility can only come from a growing economy, Cantor adds.
Home Depot founder Ken Langone pressed House Minority Whip Steny Hoyer during a heated debate Tuesday on CNBC over Washington's bitter politics.
Grover Norquist, Americans for Tax Reform founder, shares his thoughts on why he is backing Rep. Paul Ryan's budget plan and why the sequester needs to stay in place.
Rep. Steny Hoyer, (D-MD), shares his thoughts on why he would like to see a bipartisan budget deal that includes jobs creation and restores long-term business confidence.
Rep. Steny Hoyer, (D-MD), explains why Congress has not been able to reach a deal on the budget. The creation of consensus has proved very difficult, Hoyer said.
A budget deal aimed at avoiding a U.S. government shutdown on Jan. 15 could emerge in Congress on Tuesday, aides said on Monday.
CNBC contributor Jared Bernstein, and Rep. David Schweikert, (R-AZ), discuss a bipartisan deal to end the budget battle in Washington.
Sen. Ron Johnson, R. Wis., weighs in on the upcoming budget talks on Capitol Hill and the problems associated with Obamacare. We need some real structural reforms to the long-term mandatory spending programs to get a deal to work, Johnson says.
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.
Congressional leaders from both parties are working out the details of a two-year federal budget deal they hope to vote on before the holiday recess.
CNBC's John Harwood reports on the details of a potential budget deal in Washington.