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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.
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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.
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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.
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Warren Buffett and Bill Gates said it's only fair that online retailers collect state sales taxes, just as brick-and-mortar stores do.
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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.
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*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.
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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.
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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.
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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.
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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.
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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.
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*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.
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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.
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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.
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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.
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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.
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Americans' opinion of the federal government has fallen to a record low, according to Pew Research Center survey released on Monday.
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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.
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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.
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Economic pressures rather than moral values are thought to be the principal US problem, a new NBC/WSJ poll finds.
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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.
