President Barack Obama has authorized sending weapons to Syrian rebels for the first time, after the White House said it has proof the Syrian government had used chemical weapons.» Read More
A vast majority of Republicans and conservatives support immigration reform if the law solves the problem of illegal immigration, Republican Sen. Marco Rubio told CNBC on Tuesday.
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.
The IRS' woes grow with report of that the agency spent $50 million for conferences, including for hotel rooms that normally cost up to $3,500 per night, from 2010 to 2012.
Lawmakers are facing a critical juncture on immigration legislation and two Obama administration controversies. The New York Times reports.
The fiscal picture for states is brightening, but mounting Medicaid costs and underfunded pensions cloud the long-term outlook.
House Budget Committee Chairman Paul Ryan told CNBC on Wednesday that investigating Obama administration scandals won't keep Republicans from pursuing sound fiscal policy.
President Obama loses a game of "Touchdown Fever" with Gov. Chris Christie as they tour a rebuilt part of the Jersey shore seven months after Hurricane Sandy washed ashore.
In a sign of Wall Street’s resurgent influence, bank lobbyists are aiding lawmakers in preparing legislation that softens regulations of the financial industry.
Lawmaker Rep. Sander Levin (D-MI) explains his concern over the IRS scandal. "We need to be sure that this isn't politicized," he says.
President Obama says he learned of the IRS controversy along with the public, and 2 hearings into the scandal are planned for this week, with CNBC's Eamon Javers.
House Ways and Means Committee Chairman Dave Camp tells CNBC ahead of his panel's IRS scandal hearing that he wants to know who "hatched" the plan to target conservative groups.
Congress wants answers on why the IRS targeted conservative groups, two senior politicians tell CNBC.
Rep. Charles Boustany tells CNBC he's confident Congress will follow the "paper trail" to hold to account those responsible for the IRS' targeting of conservative nonprofit groups.
When it comes to shareholder votes, the running tallies are a closely guarded secret - now, that protocol has changed, the NYT reports.
Discussing the problems the IRS and President Obama faces, with Jared Bernstein, Former VP Biden chief economist and Jim Pethokoukis, American Enterprise Institute.
Attorney General Eric Holder is ordering an investigation to see if there were criminal violations in the IRS scrutiny of conservative political groups, reports CNBC's John Harwood.
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.
The backlash that the IRS is unfairly targeing conservative political groups is growing, reports CNBC's John Harwood.
The IRS admitted to singling out roughly 75 nonprofit groups for extra scrutiny based on connection to conservative causes, reports CNBC's John Harwood; and Ari Melber, Nation Magazine and Phil Musser, New Frontier Strategy president, discuss.
WASHINGTON, May 10- Republican lawmakers blasted the U.S. Internal Revenue Service on Friday after a top IRS official apologized for "inappropriate" targeting by the agency of applications for tax-exempt status from conservative political groups.