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  • White House, Congress reach tentative U.S. budget deal Tuesday, 27 Oct 2015 | 8:48 AM ET

    WASHINGTON, Oct 27- The White House and congressional leaders reached a two-year budget deal overnight that would lift mandatory sequestration cuts on both defense and domestic spending and raise the federal debt ceiling, averting a fiscal standoff as the Republican-led U.S. A White House official said on Tuesday the compromise deal would protect Social...

  • WASHINGTON, Oct 26- U.S. House Speaker John Boehner and other congressional leaders raced to finalize a sweeping two-year budget deal and an extension of the federal debt ceiling until March 2017 before Boehner transfers power to his expected successor, Paul Ryan. Boehner is set to retire from Congress on Friday. By negotiating a two-year budget deal,...

  • WASHINGTON, Oct 26- Some congressional Republicans who voted against a sweeping defense policy bill would consider voting to override President Barack Obama's veto of the measure, three members of the Freedom Caucus, one of the party's most conservative groups, told Reuters on Monday. Representatives Mark Meadows, Jim Jordan and Mick Mulvaney, founders of the...

  • WASHINGTON, Oct 26- Leaders of the U.S. House of Representatives' most influential conservative group told Reuters on Monday it was too late to stop an extension of the federal debt ceiling this week, but they will not hold it against the expected next House Speaker, Paul Ryan. Representatives Mark Meadows, Jim Jordan and Mick Mulvaney, founders of the hard-right...

  • WASHINGTON, Oct 26- U.S. House Speaker John Boehner and other congressional leaders raced to finalize a sweeping two-year budget deal and an extension of the federal debt ceiling until March 2017 before Boehner transfers power to his expected successor, Paul Ryan. Senate Majority Leader Mitch McConnell, in remarks on the Senate floor, hinted that a budget and...

  • WASHINGTON, Oct 22- Republican Representative Paul Ryan officially jumped into the race for speaker of the U.S. House of Representatives on Thursday after nailing down crucial endorsements from conservative and moderate factions. Ryan earlier this week said he was open to replacing retiring House Speaker John Boehner, but only if he could win the unified...

  • WASHINGTON, Oct 22- President Barack Obama vetoed a sweeping $612 billion defense policy bill on Thursday, returning the measure to the Republican-controlled Congress because of the way it uses money meant for war spending to avoid automatic budget cuts to military programs. "I'm going to be sending it back to Congress and my message to them is very simple:' Let's...

  • WASHINGTON, Oct 22- President Barack Obama officially vetoed the $612 billion annual defense authorization bill on Thursday, returning the measure to Congress because of the way it uses money meant for war spending to avoid automatic budget cuts to military programs. "I'm going to be sending it back to Congress and my message to them is very simple:' Let's do this...

  • WASHINGTON, Oct 22- Congressman Paul Ryan was expected to declare soon that he will run for the top job in the U.S. House of Representatives, lawmakers said on Thursday, as Republicans tried to end a crippling internal power struggle. With a deadline to raise the U.S. debt limit days away, the House has been transfixed by the chaos around finding a successor to replace...

  • Trump on raising rates, running mates, and Biden Thursday, 22 Oct 2015 | 7:22 AM ET
    Republican presidential candidate Donald Trump.

    In an interview, Trump was more than willing to opine on the big issues that would face a presidential nominee and a president.

  • About two-thirds of the approximately 40 House " Freedom Caucus" members voted to back Ryan for speaker if he formally enters the contest, according to the Republican lawmakers who emerged from a closed-door session to discuss Ryan's fate. That was less than the 80 percent needed under Freedom Caucus rules to give Ryan a formal endorsement for speaker.

  • About two-thirds of the approximately 40 House " Freedom Caucus" members voted to back Ryan for speaker if he formally enters the contest, according to the Republican lawmakers who emerged from a closed-door session to discuss Ryan's fate. That was less than the 80 percent needed under Freedom Caucus rules to give Ryan a formal endorsement for speaker.

  • Coming within days if Congress fails to act, a default could shake the markets and the economy, but the Republican-controlled Congress had no clear plan to prevent it, and was consumed by an intra-party power struggle expected to extend into next week. He was scheduled to hold a crucial meeting in the late afternoon with the right-wing Freedom Caucus, a small but...

  • WASHINGTON, Oct 21- Hard-line conservative Republicans in the U.S. House of Representatives on Wednesday were not rallying behind Paul Ryan's bid to be the next speaker, as party turmoil again overshadowed debt and budget issues that could rattle markets. So far, no such support was evident, though the right-wing Freedom Caucus of about 40 of the House's 247...

  • Treasury Secretary Jack Lew said on Wednesday he is worried that brinkmanship in Congress on raising the nation's debt limit could cause an "accident" as the United States edges closer toward default. Speaking at a policy conference in Washington, Lew also said the risk of an unforeseen circumstance would rise if Congress did not act in time, adding that the debt...

  • Boehner is scheduled to retire from Congress on Oct. 30 and passage of a debt limit increase before a Nov. 3 deadline, when the Treasury Department expects to run out of borrowing authority, could be one of his last acts as speaker. Earlier on Tuesday, House Majority Leader Kevin McCarthy, the No. 2 Republican in the chamber, told reporters that he did not think there...

  • WASHINGTON, Oct 20- The U.S. House of Representatives returned on Tuesday from a recess with no set plan for replacing retiring Speaker John Boehner and no discernable progress on budget negotiations, congressional aides said. Meanwhile, Treasury Secretary Jack Lew and Fed Governor Jerome Powell met with Senate Finance Committee members to discuss a third...

  • WASHINGTON, Oct 20- The U.S. House of Representatives returns on Tuesday from a Columbus Day recess with no clear plan for choosing someone to replace retiring Speaker John Boehner and little to no progress on budget negotiations, according to congressional aides. Meanwhile, Treasury Secretary Jack Lew and Fed Governor Jerome Powell met on Tuesday with Senate...

  • Why Joe Biden's 2016 odds are getting even longer Tuesday, 20 Oct 2015 | 10:37 AM ET
    Vice President Joe Biden speaks at a White House summit on climate change October 19, 2015 in Washington, DC.

    Meet the Press and the NBC Political Unit bring you the day's most important political stories and why they matter.

  • Newest poll: Donald Trump's numbers aren't falling Tuesday, 20 Oct 2015 | 6:58 AM ET
    Donald Trump

    The billionaire real estate mogul still leads all GOP rivals with 25 percent of the vote. In September, he drew 21 percent.