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Federal Budget (U.S.)

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  • Immigration Vote Pits Republican Versus Republican Wednesday, 12 Jun 2013 | 7:59 AM ET
    Republican members of Congress listen as the votes of the Electoral College are tallied in the House on Jan. 4, 2013.

    An internal tug of war is raging between Republican luminaries and grassroots conservatives who decry immigration reform as "amnesty." NBC News reports.

  • Rep. Van Hollen: Budget Reform in 'Limbo'  Tuesday, 11 Jun 2013 | 8:05 AM ET

    Rep. Chris Van Hollen, (D-MD), reveals his thoughts on raising the debt ceiling, and explains why it makes sense to invest in the nation's infrastructure and get immigration reform passed through Congress.

  • Sen. Corker: 'Fiscal Fatigue' Has Set In  Tuesday, 11 Jun 2013 | 7:40 AM ET
    After working four years as a construction superintendent, corker started his own construction company, Bencor, with $8,000. In 1999, he purchased the Osborne Building Corporation and the Stone Fort Land Company, the two largest real estate companies in Chattanooga, making him the largest private landowner in Hamilton County, Tenn.  Corker is the junior United States Senator from Tennessee. Before his election to the Senate in 2006, he served as mayor of Chattanooga from 2001 to 2005.

    Sen. Bob Corker, (R-TN), shares his views on why the government should get its fiscal house in order through entitlement and tax reform, privatizing intelligence gathering, and implementing GSE reform.

  • Jack Bogle, The Vanguard Group's senior chairman and founder, explains why he believes there has to be "spending cuts" and an "increase in taxes" to balance the budget.

  • Will Tax Restructuring Create Jobs?  Wednesday, 5 Jun 2013 | 7:08 AM ET

    Ed Lazear, Hoover Institution, and Jared Bernstein, Center on Budget and Policy Priorities, discuss corporate taxes and the health of the U.S. labor market.

  • Why the Fed Won't Taper Until 2014  Tuesday, 4 Jun 2013 | 11:00 AM ET

    Julian Callow, chief international economist at Barclays, says the Fed will not begin to taper off bond purchases until next year, due to continued low inflation and the sequestration's negative impact on GDP.

  • Santelli Take on Tax Reform & Windfalls  Tuesday, 4 Jun 2013 | 10:48 AM ET

    CNBC's Rick Santelli explains why taxing the rich will not be enough to bridge the deficit gap.

  • 'Happiness Expert,' $17K Art Session at IRS Meeting Tuesday, 4 Jun 2013 | 7:20 AM ET

    The now infamous 2010 IRS conference featured $135,000 in spending on speakers like a "happiness expert" and a session titled "Leadership Through Art," sources told NBC News.

  • IRS Playing 'Dance Video Defense'  Monday, 3 Jun 2013 | 7:33 PM ET

    The IRS' video released over the weekend provided new fuel to the controversy in its targeting scandal and conference spending, reports CNBC's John Harwood. Ed Conard, American Enterprise Institute; Eliana Johnson, National Review; and Tim Carney, Washington Examiner, discuss.

  • IRS Spending In Focus  Monday, 3 Jun 2013 | 4:30 PM ET

    IRS spending is the focus of the House Oversight Committee hearing on Thursday, reports CNBC's John Harwood.

  • IRS Spending Under Fire  Monday, 3 Jun 2013 | 1:53 PM ET

    CNBC's John Harwood reports the IRS is under fire for its "Cupid Shuffle" dance video, and spending $50 million in conferences.

  • In Congress, Bills and Scandals Vie for Attention Monday, 3 Jun 2013 | 6:02 AM ET
    The U.S. Capitol in Washington, D.C.

    Lawmakers are facing a critical juncture on immigration legislation and two Obama administration controversies. The New York Times reports.

  • US Economy To Feel Sequester Pain This Quarter  Sunday, 2 Jun 2013 | 6:10 PM ET

    Tony Nash, Managing Director at IHS, says this quarter is the first time the U.S. economy will feel the pinch of the sequester, which he expects to build as the year goes on.

  • State Budgets Are Back in the Black, for Now Saturday, 1 Jun 2013 | 9:07 AM ET

    The fiscal picture for states is brightening, but mounting Medicaid costs and underfunded pensions cloud the long-term outlook.

  • Social Security Solvency  Friday, 31 May 2013 | 1:01 PM ET

    CNBC's Eamon Javers reports on changes made to Social Security and Medicare. Social Security now has resources sufficient to cover benefits until 2033.

  • Surprise! This Economy Looking Strong Thursday, 30 May 2013 | 10:20 AM ET
    Sales representative Shieldeen Langley, left, assists shoppers looking for a dishwasher at the ABT store in Glenview, Illinois, U.S.

    Even as the economy keeps chugging along, headwinds from federal budget cuts are expected to blow harder later this year.

  • Rep. Ryan on High Statutory and 'Leaky' Tax Rate  Wednesday, 29 May 2013 | 7:50 AM ET

    In the third part of a wide-ranging interview, Rep. Paul Ryan, (R-WI), explains why he wants to change the current variable corporate tax rate so it's fair across the board and encourages companies to bring money back to the United States.

  • Apple 'Poster Child' For Repatriation: Rep Ryan  Wednesday, 29 May 2013 | 7:33 AM ET

    In part two of a wide-ranging interview, Rep. Paul Ryan, (R-WI), explains why he agrees with Apple's CEO Tim Cook about the need for corporate tax reform.

  • Rep. Ryan: No Immediate 'Hard Core' Cuts in Our Budget  Wednesday, 29 May 2013 | 7:07 AM ET

    In a wide-ranging interview, Rep. Paul Ryan, (R-WI), shares his thoughts on political wrangling on Capitol Hill over the budget deficit and his concern "about the entitlement explosion" and "the bankruptcy of these programs."

  • Bank’s Lobbyists Help in Drafting Financial Bills Friday, 24 May 2013 | 6:59 AM ET

    In a sign of Wall Street’s resurgent influence, bank lobbyists are aiding lawmakers in preparing legislation that softens regulations of the financial industry.

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