JFK understood that high tax rates, even on the rich, bring inequities into the nation's political economy that do not befit America's traditions.» Read More
The United Way and other non-profits are fearful the charitable tax deduction might be capped in order to help solve the budget crisis. Stacey Stewart, United Way U.S.A. president and Lenny McAllister, Republican strategist an author, provide perspective.
Former Treasury Secretary, Lawrence Summers discusses President Obama's economic policies, the stagnant U.S. economy, jobs in America, and the nation's growing debt crisis.
CNBC's Eamon Javers reports Republicans are saying the White House wants at least $50 billion in new spending; and Matt Miller, Washington Post; Judd Gregg, Goldman Sachs International Advisor; Guy Benson, Townhall.com; and Katherine Mangu-Ward, Reason Magazine, weigh in.
CNBC's Brian Shactman reports JP Morgan shares are down almost 7% in after-hours trading; Yahoo's CEO says he didn't provide the company with a resume; and shares of Arena Pharmaceuticals soar as an FDA advisory panel approves its obesity drug.
Taking a broader look at today's trading session, and discussing companies that are introducing special dividends ahead of a tax hike, with Michael Farr of Farr, Miller and Washington.
Should paruresis or shy bladder syndrome qualify as a federally regulated disability? Matt Lewis, Daily Caller senior contributor, weighs in.
CNBC's Larry Kudlow reports BP is temporarily suspended from new U.S. contracts; and Ron Meyer, American Majority Action discusses whether the student loan bubble is about to pop.
Brian Kelly, Shelter Harbor Capital; Lee Munson, Portfolio Asset Management; and Russ Koesterich, BlackRock iShares Group, discuss JP Morgan's stunning revelation of $2 billion trading losses and its impact on Friday's trading action.
Sen. John Thune (R-SD), discusses whether President Obama is addressing entitlement reform, or if there is any sign of a common ground plans to avert the fiscal cliff; and Doris Kearns Goodwin, Presidential Historian, weighs in on whether President Obama could learn a lesson or two on leadership from the great Abraham Lincoln.
CNBC's Jane Wells reports on President Obama's star-studded fundraiser tonight at actor George Clooney's home.
NBC's Jay Gray reports from Dallas on the lotto fever spreading across the U.S. tonight.
Gov. Rick Scott, (R-FL), discusses what's really at stake when it comes to state's rights and the economic benefits Florida offers businesses.
Americans For Tax Reform says on January 1, 2013, Americans will get smacked with a staggering $268 billion tax hike thanks to Obamacare. Katie Pavlich, TownHall.com, provides perspective.
CNBC's Mary Thompson and Jim Cramer report on JP Morgan's stunning admission of huge losses at the bank. Also, discussing what's causing the stall on Capitol Hill, with Kimberley Strassel, The Wall Street Journal; Bill Hennessy, St. Louis Tea Party founder; and Joy Reid, TheGrio.com.
CNBC's John Harwood reports highlights from President Obama's meeting with top business leaders, including Goldman Sachs CEO Llyod Blankfein; and discussing the odds of a deal on the fiscal cliff, with Dan Clifton, Strategas; Karen Finney, The Hill; and Kevin McCullough, TownHall.com.
Nile Gardiner, Heritage Foundation, discusses the fallout from the Greek election and whether austerity in Europe is dead.
CNBC's Larry Kudlow takes a closer look at some key economic releases today, including consumer confidence and home prices. Jack Bouroudjian, Bull and Bear Partners, and Jeff Kleintop, LPL Financial, discuss how fiscal cliff fears are impacting the stock market.
Will the Tea Party take over Congress in November? Sen. Jim DeMint, (R-SC) and Senate candidate, Richard Mourdock, (R-IN), weigh in on President Obama's policies, the U.S. economy and the nation's growing debt.
There are reports saying Former Florida Governor Jeb Bush could be the Republican frontrunner in 2016. Robert Costa, National Review, offers insight, saying "this is the guy to watch."
CNBC's Brian Shactman reports Third Point's Dan Loeb is going to war with Yahoo; Facebook says it is struggling to monetize its mobile ad business; Cisco shares tumbled on weaker-than-expected guidance; and News Corp. beat earnings estimates and announces a $5 billion dollar stock buyback.