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Debt Ceiling

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  • Overdosed? Fed Policy Is a Drug, Says Paul O’Neill Wednesday, 3 Apr 2013 | 5:32 PM ET

    The Federal Reserve's bond-buying program and zero percent interest rates are dangerous, former Treasury Secretary Paul O'Neill told CNBC.

  • Malaysia's PM Calls Election, Close Race Likely Tuesday, 2 Apr 2013 | 11:46 PM ET
    Malaysian Prime Minister Najib Razak

    Malaysian Prime Minister Najib Razak announced he will dissolve parliament on Wednesday, paving the way for a long-anticipated general election late this month.

  • Why Washington Can't Stop Its Spending Habits Sunday, 24 Mar 2013 | 1:53 PM ET

    Many politicians want to change the way Congress operates. So why do so many—Republican or Democrat—ultimately become the very creatures of habit they initially promised to replace, at least when it comes to pork and earmarks?

  • New GOP Roadmap Calls for Immigration Reform Monday, 18 Mar 2013 | 7:20 AM ET

    The GOP will endorse immigration reform on Monday and outline plans for a $10 million outreach to minority groups in an effort to make the party more "welcoming and inclusive" for voters who overwhelmingly supported Democrats in 2012.

  • Why the US Could Face Another Brush With Default Friday, 15 Mar 2013 | 8:03 AM ET

    With the Dow Jones reaching an all-time high and the S&P 500 not far behind, markets have shrugged off the disappointment of the sequester. But Alastair Newton, senior political analyst at Nomura says that far bigger hurdles lie ahead that could potentially give the U.S. another "brush with default".

  • No Market Bubble: Treasury's Lew Thursday, 14 Mar 2013 | 4:38 PM ET
    Jack Lew speaks during his confirmation hearing.

    With stocks at all-time highs, there's little sign of a bubble forming in markets, Treasury Secretary Jack Lew told CNBC on Thursday.

  • Obama: Political Gap May Be 'Just Too Wide' for Deal Wednesday, 13 Mar 2013 | 12:11 PM ET
    President Obama arrives Tuesday at the Capitol to meet with the Senate Democratic Caucus.

    President Obama is warning that it may be impossible to reach a deal with Republicans on trimming the budget deficit.

  • Senate Democrats' Budget Seeks $1.85 Trillion Savings Wednesday, 13 Mar 2013 | 5:37 AM ET

    Democrats will unveil a budget blueprint that will slice the deficit by $1.85 trillion through spending cuts and tax increases.

  • Latest GOP Budget Is Ambitious, Unlikely to Pass Tuesday, 12 Mar 2013 | 1:28 PM ET
    Paul Ryan

    Rep. Paul Ryan called his third budget an "invitation" to President Barack Obama and Senate Democrats to begin bargaining toward a deal to balance the budget.

  • Budget Battle Could Jolt US Economy: Democrat Tuesday, 12 Mar 2013 | 11:11 AM ET

    The budget-balancing plan from Congressman Paul Ryan is a "total uncompromising" blueprint, Rep. Chris Van Hollen, ranking member on the panel, told CNBC.

  • A Rarity: House, Senate Work on Budget at Once Tuesday, 12 Mar 2013 | 7:37 AM ET

    Although the spending plans will be miles apart ideologically, there are signs a compromise is possible, the New York Times reports.

  • Paul Ryan: US Budget Deal With Obama Possible Monday, 11 Mar 2013 | 8:11 AM ET
    Rep. Paul Ryan

    The GOP point person on fiscal issues said a compromise with President Obama is possible, even though their budget plan faces certain rejection from Democrats.

  • Can Partisanship Be Fixed? Friday, 8 Mar 2013 | 11:25 AM ET
    Members of each party sit mixed during President Barack Obama's State of the Union address to a joint session of the U.S. Congress.

    Solutions for overcoming the partisanship that produces political gridlock in Washington.

  • Gridlock, Then and Now Friday, 8 Mar 2013 | 11:02 AM ET
    House Speaker John Boehner listens as President Obama gives his 2013 State of the Union address.

    Bitter partisanship, ideological clashes, and relentless obstruction have been woven through Washington from the beginning. What is new is the divisions fall along mutually reinforcing lines.

  • House Approves Bill to Keep Government Funded Wednesday, 6 Mar 2013 | 2:23 PM ET
    The U.S. Capitol Building in Washington D.C.

    The House on Wednesday passed legislation to keep federal funds flowing to government agencies through Sept. 30, seeking to avert shutdowns that otherwise would begin on March 27 when current funding expires.

  • U.S. Sen. Carl Levin

    While a trader known as the "London whale" has come to represent a multibillion-dollar blowup at JPMorgan Chase, Congressional investigators have discovered that the problems involved more senior levels of the nation's largest bank. The New York Times reports.

  • GOP Clings to One Thing It Agrees On: Spending Cuts Monday, 4 Mar 2013 | 6:15 AM ET
    House Speaker John Boehner listens as President Obama gives his 2013 State of the Union address.

    Four months after Mr. Obama won a second term, the only issue that truly unites Republicans is a commitment to shrinking the federal government through spending cuts, low taxes and less regulation. The NYT reports.

  • A Push for Change in China as New Leaders Take Over Sunday, 3 Mar 2013 | 5:53 AM ET

    Communist Party chief Xi Jinping takes over as China's new president during the annual meeting of parliament beginning on Tuesday and bridging the widening income gap in the vast nation is one of his foremost challenges.

  • Jack Lew Cleared to Be the Next Treasury Secretary Wednesday, 27 Feb 2013 | 6:00 PM ET
    Jack Lew speaks during his confirmation hearing.

    The Senate confirmed Jack Lew as President Barack Obama's new Treasury secretary, putting the former White House chief of staff in the middle of a bitter political fight over the government's budget.

  • Bernanke: Jobless Rate Won't Reach 6% for Years Wednesday, 27 Feb 2013 | 10:31 AM ET
    Federal Reserve Board Chairman Ben Bernanke

    Unemployment probably won't reach the 6 percent level until 2016, Federal Reserve Chairman Ben Bernanke told Congress on Wednesday.

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