WASHINGTON— Congressional Republicans Friday named economist Keith Hall to serve as Capitol Hill's budget referee as director of the nonpartisan Congressional Budget Office. The budget office provides cost estimates of legislation and other research to Congress to better inform their policy decisions. "His vast understanding of economic and labor...» Read More
WASHINGTON, Jan 29- The U.S. Senate will likely pass a bill approving the long-pending Keystone XL oil pipeline on Thursday, a measure the White House has said President Barack Obama would veto. Republicans have made approving Keystone their top priority of the new Congress after winning control of the Senate in November's elections, but they are four votes shy...
Volatility is going to continue, says William Daley, Argentiere Capital, discusses the impact of a strong dollar on multinational companies.
WASHINGTON, Jan 29- President Barack Obama's budget will call for an increase in domestic and military spending that would end spending caps known as "sequestration," a White House official said, setting up a new source of conflict with Republicans in Congress. The fiscal 2016 budget, which the White House intends to unveil on Monday, would fund a host of programs...
Obama just retreated after a live-fire experiment in tax reform and deficit reduction.
WASHINGTON, Jan 27- Republicans in the U.S. House of Representatives, whose ranks swelled as a result of last November's elections, have gotten off to a clumsy start this year, House Speaker John Boehner said on Tuesday, as legislative initiatives have been derailed by attacks from inside the party. "A growing body of people are sick and tired of the' trust me we'll do...
Many pundits have written off cooperation between Obama and the GOP-controlled Congress. But not so fast, says Scott Paul.
Rep. Darrell Issa, (R-Calif.), weighs in the on the Republican agenda, including trade agreements, Keystone and tax reform.
The meeting scheduled this week raises the possibility that the two former governors will find a way to avoid competing presidential campaigns.
Recent moves by the Swiss and Chinese are about one thing: credibility. Washington, on the other hand, has zero credibility, says hedge-fund manager Bill Ehrman.
House Speaker John Boehner says President Obama's tax plans and veto threats "just aren't the wrong policies, they're the wrong priorities."
The war to win back the middle class is far more important to our future than any conflicts abroad. And President Obama seems to be the only realist in Washington, this professor says.
Alastair Newton, Senior Political Analyst at Nomura, outlines the differences between U.S. President Obama and the Republican-led Congress in issues like national security.
The former House majority leader says he's worried that President Obama will "inflame and conflict with" the new Republican Congress in his State of the Union speech.
For the best trade around the State of the Union, political and financial analysts recommend housing and basic economy-related stocks.
Obama has two goals: further associate himself with the recovering economy and tilt the Democratic Party toward a populist platform, Politico's Ben White says.
Larry Kudlow, CNBC's senior contributor, explains why middle-income wage earners will benefit from a cut in corporate taxes.
Lanhee Chen, Hoover Institution, and Michael Feldman, Glover Park Group, provide their thoughts on what we can expect to hear from President Obama when he addresses the nation Tuesday night.
There may not be a government shutdown looming but there are some serious fiscal battles coming in the months ahead, says political consultant Stephen Myrow.
The New York Times reports that a tightfisted government imposes very real costs, especially for those benefiting from Medicaid. The NYT reports.
Thomas Donohue, U.S. Chamber of Commerce CEO, discusses key priorities for 2015.