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.» Read More
BATON ROUGE, La.-- House Republicans were at odds Tuesday over a bipartisan budget proposal that contains $329 million in cuts to tax break programs that largely benefit businesses, a compromise that has GOP lawmakers clashing with their governor, state party and traditional allies.
A Senate immigration bill would cost $6.3 trillion over 50 years to provide benefits for millions now in the U.S. illegally, the Heritage Foundation says in a controversial study.
Warren Buffett and Bill Gates said it's only fair that online retailers collect state sales taxes, just as brick-and-mortar stores do.
Republicans are pushing a bill that would allow full-time private sector employees to have the option of taking paid time off instead of overtime pay.
*Democrats worry as fall enrollment period draws near* Potential repercussions for Congress, Obama presidency* Frustration over lack of details on public outreach By David Morgan. WASHINGTON, May 5- Healthcare reform should be the signature Democratic achievement of President Barack Obama's presidency.
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.
An SEC investigation into stock trading after a leak involving a government decision is a "very gray area," former SEC attorney Jacob Frenkel tells CNBC.
Erskine Bowles, former co-chair of the president's debt commission, told CNBC that a "Grand Bargain" on deficit reduction is "on life-support," with the chances reaching it "north of zero" percent.
Legislation to force Internet retailers to collect sales taxes has put antitax activists like Grover Norquist in an unusual position: They're losing. The NYT reports.
Janet Yellen is seen as a logical candidate to succeed the Federal Reserve chief Ben Bernanke, but critics remain wary of her stance on inflation.
*Pricey plug-in's fans included Justin Bieber. Members of the House Oversight Committee cited Department of Energy documents at a hearing on Wednesday as showing Fisker got $32 million in payments, even after it failed to launch the Karma vehicle in February of 2011 as planned.
Members of the House Oversight Committee cited Department of Energy documents at a hearing on Wednesday as showing Fisker got $32 million in payments, even after it failed to launch the Karma vehicle in February of 2011 as planned.
The SEC is being pressed to require public corporations to disclose political donations, a move that could transform the growing world of secret campaign spending. The NYT reports.
Max Baucus, chairman of the powerful Senate Finance Committee, will not seek re-election to a seventh term next year, according to a Democratic aide.
Authorities declined to comment on a suspect or any other aspect of the investigation, but a senator says the person under suspicion writes a lot of letters to Senate members.
Americans' opinion of the federal government has fallen to a record low, according to Pew Research Center survey released on Monday.
Former Sen. Kay Bailey Hutchison, (TX-R), discusses her new book, "Unflinching Courage." She also offers thoughts on developing our nation's own natural energy resources.
Discussing whether the GOP should compromise on background checks, with Ann Coulter, syndicated columnist; Jared Bernstein, Center on Budget & Policy Priorities; and Robert Costa, National Review.
Economic pressures rather than moral values are thought to be the principal US problem, a new NBC/WSJ poll finds.
President Obama sent Congress a $3.8 trillion spending blueprint on Wednesday that strives to achieve a "grand bargain" to tame runaway deficits, raising taxes on the wealthy and trimming popular benefit programs.