The Obama administration pointed to declining budget deficit and improved housing market as likely factors for economic growth.» Read More
A U.S. Treasury report on ways to cut corporate taxes will include discussion of a national sales tax, a senior Treasury official told CNBC.
Time is running out for U.S. lawmakers to prevent millions of unsuspecting middle-income taxpayers from being hit with a tax meant for the very rich.
Hillary Clinton performed strongly at last night's Democratic debate in Nevada. She needed too, after a difficult two weeks in which she harmed her own cause and Barack Obama found his stride. But that doesn't mean that the "Clinton is champ" storyline is any more certain now than the "Obama is surging" was last week.
Those of who follow political campaigns often can't discern turning points until the campaigns are over. The 2008 contest may be no different. But just now there's a sense of ferment in both parties' presidential contests--and it's happening awfully close to the Jan 3 kickoff of the nomination process in Iowa.
The other night I attended the concert by Bruce Springsteen and the E Street Band at the Verizon Center here in Washington, DC. Some people I know attach religious significance to Springsteen concerts. I think politicians have something to learn from Bruce, too.
As Ron Paul's online army is well aware, I have been candidly skeptical about the Texas Congressman's chances of actually winning anything in the Republican race for president. But after spending part of the weekend on the campus of my alma mater, Duke University, I was reminded of a salient fact I had overlooked: Paul attended Duke Medical School.
Our new NBC News-Wall Street Journal Poll provides one more occasion for supporters of Ron Paul to face the music. Yes, he raised an impressive $5-million in the third quarter, matching John McCain. Yes, he recently hauled in an eye-popping $4-million in 24 hours using the Internet.
Of all the numbers in our NBC-WSJ poll, this one really stood out for me: among voters in the highest income group--those earning more than $100,000--they want a Democrat to win the White House next year by 48 percent to 41 percent.
House Democrats on Friday pushed through an $80 billion bill to block the spread of a dreaded tax on middle-income people, the Alternative Minimum Tax. The White House and Republicans, protesting tax increases in the bill affecting mainly investment fund managers, maintained that it would never become law.
With fewer than two months to go before the all-important Iowa caucuses, our new WSJ-NBC poll gives a great snapshot of where the race stands nationally. Of course the early states of Iowa and New Hampshire give a different competitive picture (Mitt Romney leads both among Republicans, while Hillary Clinton faces a battle in Iowa from both Barack Obama and John Edwards).
Democrats enter the 2008 presidential race with powerful political advantages. But they face a tough and unpredictable battle because of the vulnerabilities of front-runner Hillary Clinton. A new Wall Street Journal-NBC poll shows that Americans have turned sharply away from President Bush and toward domestic issues favoring his partisan adversaries
Now that Sen. Hillary Clinton has unveiled her energy policy, all leading Democratic presidential candidates are on the record and their plans are remarkably similar in broad outline in seeking to reduce greenhouse gases 80 percent by 2050.
The House on Thursday passed a free trade pact with Peru, bringing President Bush to the brink of his first trade victory since Democrats took control of Congress.
As a confirmed political reporting junkie, I ought to be prepared to describe for you the grave significance of tonight's odd-year election results. But alas my respect for the truth forbids it. This is an Election Day that doesn't mean much.
There are a couple ways to tell that we’ve hit the critical competitive phase of the 2008 Democratic presidential nomination fight. One is the way that all major campaigns are now spending a large chunk of the millions they’ve raised on television ads in Iowa. The state’s Jan. 3 caucuses have traditionally turned on contest may once have turned overwhelmingly on organizational prowess.
What made last night's Democratic debate on MSNBC so significant was not, as advertised ahead of time, that Barack Obama and John Edwards attacked Hillary Clinton. It was that Clinton herself unintentionally affirmed their attacks with her own words.
Barack Obama has signaled that he's finally ready to step up his challenge to Democratic front-runner Hillary Clinton. From his point of view, it's not a minute too soon. Thus far, Obama has been largely passive--an electric and charismatic presence on the stump, to be sure, but a candidate surprisingly loath to take the fight to a rival with formidable advantages.
CNBC's Larry Kudlow sat down with Vice President Dick Cheney and discussed, among other things, oil prices, the economy, and recent sanctions placed on Iran.
The unofficial transcript of an interview with Vice President Dick Cheney on "Kudlow & Company."
The FEC is questioning 2008 contenders about contributions that “appear to exceed” legal limits. Hundreds of donors wrote checks for more than the $2,300 per election cap. Some failed to attribute parts of donations from joint bank accounts to their spouses.
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