When Senate Majority Leader Harry Reid went "nuclear" last winter, he just might have saved a major part of Obamacare from a huge challenge it faces.» Read More
An exclusive CNBC poll conducted by Public Opinion Strategies/Hart Research shows two-thirds of those surveyed believe the country is on the wrong track, 49 percent disapprove of the job President Obama is doing, and the number one issue facing the US is the economy and jobs.
Washington has a spending problem, not a revenue problem, and most Americans realize the difference, GOP Sen. Bob Corker of Tennessee told CNBC.
Americans worried about the economy want to extend Bush tax cuts.
Dueling sentiments are tugging at President Obama as he is set to address the nation on CNBC Monday. One is that he’s been “too nice to Wall Street,” according to a CNBC poll; the other is that he’s anti-business, a consensus discussed on CNBC Monday.
For Monday's town hall with President Barack Obama, CNBC's John Harwood and I will be the only reporters in attendance. Let me clarify that just a little.
Free-market capitalism is on the comeback trail. That’s one of the key tea-party messages. And make no mistake about it: The free-market power of the tea-party political revolt is totally bullish for stocks and the economy. In short, this is a revolution.
Taxes and jobs are some of the key issues that CNBC guests want to hear President Obama talk about at Monday's town hall meeting.
President Obama lacks the popularity and credibility now to give Americans confidence about the economy, Washington Post reporter Neil Irwin told CNBC Friday.
In a scathing criticism of the Obama administration, Home Depot co-founder Bernie Marcus told CNBC Friday that Treasury Secretary Geithner should have a reality-TV show about small business, because it would illustrate how out of touch the Obama administration is with the private sector.
Had the Republicans taken control of Congress in 2008, the country would have sunk into a depression, House Speaker Nancy Pelosi (D-Calif.), told CNBC Thursday.
The budget problems that come from federal spending and entitlements, such as Social Security, pale in comparison with the challenges of containing health care costs and maintaining Medicare at the level of treatment Americans expect, Robert Reich, the former Labor Secretary, told CNBC Thursday.
One on one with Rep. Spencer Bachus, ranking member of The financial services committee.
Christine O’Donnell’s stunning upset of a political titan in Delaware’s Republican establishment on Tuesday was the final, emphatic message in a primary season that made one thing clear: the G.O.P has largely failed to harness the power of Tea Party voters.
Outside groups supporting Republican candidates in House and Senate races across the country have been swamping their Democratic-leaning counterparts on television since early August as the midterm election season has begun heating up. The NYT reports.
Forget the bears, Cramer said. Pay attention to these bullish signs.
Don't extend Bush tax cuts, David Stockman, the director of Office of Management and Budget under President Reagan, told CNBC.
Congress returns this week with embattled Democrats torn between trying to show they have the economic answers and fearing the further wrath of voters over new government programs. It appears the fears will win out.
The financial debate in Washington this fall will likely be consumed by whether, and how, to extend the Bush tax cuts. But economic research suggests that tax cuts, though difficult for politicians to resist, have limited ability to bolster the flagging economy. The NYT reports.
At Friday's press conference from the White House, the president is expected to fault Republicans for failing to help him on improving the economy or support his call for new tax cuts for businesses.