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Ken Corbin Named Acting Director of IRS Unit as Lerner Placed on Leave

Federal Budget (U.S.)

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  • How to 'Balance' Our Budget: Expert  Tuesday, 21 May 2013 | 6:34 AM ET

    Glenn Hubbard, Columbia Business School dean, explains why he believes a balanced approach is the best way to fix our nation's debt problem and encourage economic growth.

  • U.S. Treasury Building in Washington, D.C.

    The chances of a deal between Democratic and Republican lawmakers that would overhaul the U.S. tax system, trim government spending and reform safety net spending programs appear to be fading.

  • JPMorgan Shareholders Denied Access to Results Thursday, 16 May 2013 | 1:21 AM ET
    Jamie Dimon

    When it comes to shareholder votes, the running tallies are a closely guarded secret - now, that protocol has changed, the NYT reports.

  • CNBC's Rick Santelli explains the need for balance when deciphering budget deficits; natural gas supplies; and IRS snooping on conservative groups.

  • Will Fed Taper on Deficit Decline?  Wednesday, 15 May 2013 | 10:27 AM ET

    Shrinking deficit productions are causing the Street to rethink the Fed's QE program, reports CNBC's Steve Liesman.

  • Watchdog Slams IRS For Targeting Conservatives  Wednesday, 15 May 2013 | 6:12 AM ET

    The Treasury is criticizing senior IRS leaders for poor management of a policy that compromised the tax agency's political impartiality. And the Congressional Budget Office projects a deficit of $642 billion for fiscal year 2013, that's down $200 billion, reports CNBC's John Harwood.

  • US Budget Deficit Shrinks Far Faster Than Expected Wednesday, 15 May 2013 | 3:20 AM ET
    The Capitol Building in Washington D.C. on January 20, 2013 in preparation for President Barack Obama's Inauguration.

    The U.S. government’s annual deficit is shrinking far faster than expected, and faster than many economists think is advisable for the health of the economy, the NYT reports.

  • CBO Slashes US Deficit Estimate Amid Higher Taxes Tuesday, 14 May 2013 | 3:55 PM ET

    The Congressional Budget Office lowered its projection for the 2013 US deficit amid higher taxes and better-than-expected bailout repayments.

  • Will Icahn's Bid For Dell Work?  Friday, 10 May 2013 | 8:34 AM ET

    Ben White, POLITICO; Allan Sloan, Fortune; and Aaron Task, Yahoo! Finance, discuss Carl Icahn and Southeastern's recent offer for Dell.

  • Jack Lew on Hitting the Debt Ceiling  Friday, 10 May 2013 | 8:32 AM ET

    CNBC's Steve Liesman shares highlights of his interview with Treasury Secretary Jack Lew, about Europe's economic problems and getting Congress and the White House to strike a deal on the budget.

  • Market Roundtable: Bernanke & QE  Friday, 10 May 2013 | 7:50 AM ET

    Ben White, POLITICO; Allan Sloan, Fortune; and Aaron Task, Yahoo! Finance, discuss, whether the Fed's monetary policy is working.

  • Market Roundtable: Management Buyout Battles  Friday, 10 May 2013 | 7:06 AM ET

    Ben White, POLITICO; Allan Sloan, Fortune; and Aaron Task, Yahoo! Finance, discuss Carl Icahn's bid for Dell, the move to split the roles of chairman and CEO at JPMorgan.

  • Rep. Steny Hoyer

    "The sequester is a drip, drip, drip, not a slammed door," said Rep. Steny Hoyer, (D-MD), discussing the stalled budget bill in Congress, and the Internet sales tax.

  • Tax Collections From Wealthy Are Saving Government Wednesday, 8 May 2013 | 2:59 PM ET

    Taxes paid by the top earners are putting the U.S. back in the black, according to the Congressional Budget Office.

  • New Data Fans Old Debate About Health Care Costs Wednesday, 8 May 2013 | 12:38 PM ET

    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.

  • US Sees Bigger April Surplus as Deficit Narrows: CBO Wednesday, 8 May 2013 | 8:14 AM ET
    Jeffrey Zients, acting director and deputy director for management at the Office of Management and Budget, testifies before the Senate Budget Committee on the president's fiscal year 2014 budget proposal in Washington, DC.

    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.

  • Overcoming Fiscal Deadlock on Capitol Hill  Tuesday, 7 May 2013 | 7:44 AM ET

    Steven Rattner, Willett Advisors chairman, discusses how the budget stalemate in Congress is impacting the economy and markets.

  • Warren Buffett, Berkshire Hathaway, chairman & CEO, talks with CNBC's Becky Quick about the nation's budget problems and why he believes a "tax holiday" will push investment abroad.

  • 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.

  • Ronald Perelman on Tax Fairness & Big Banks  Thursday, 2 May 2013 | 8:54 AM ET

    Ronald Perelman, MacAndrews & Forbes chairman & CEO; Glenn Hubbard, Columbia Business School dean; and CNBC's Robert Frank discuss whether higher taxes will solve the nation's fiscal problems and weigh in on limiting the size of banks.