Democrats, Republican defense hawks and businesses seeking tax breaks are the big winners as lawmakers finalize the spending and tax deal.» Read More
President Barack Obama and his Republican opponents in Congress enter a crucial week in the "fiscal cliff" impasse with more than just differences over taxes to bridge.
President Obama is preparing to speak in Detroit today on the U.S. economy, and there is no word of any progress on a deal to avert the fiscal cliff. CNBC's John Harwood offers insight.
NBC's Ayman Moheldeen reports the latest from Egypt where thousands of protesters surged around the presidential palace; and Michael Rubin, Former Pentagon Adviser on Iran & Iraq, provides perspective.
CNBC's John Harwood reports the latest on the fiscal cliff negotiations; and Kerry Picket, Washington Times; WABC Radio Talk show host Mark Simone; and Democratic Strategist Jimmy Williams; discuss the division between the parties on a solution to avert the cliff.
CNBC's John Harwood has the latest details on talks in Washington on the "fiscal cliff" with just 24 days to go.
House Speaker John Boehner said President Barack Obama is "slow-walking" the economy to the edge of the "fiscal cliff."
In his daily CNBC.com-only video clip, Art Cashin of UBS tells Bob Pisani why he thinks a "fiscal cliff" deal is still possible, even after Speaker Boehner said he had "no progress to report."
House Speaker John Boehner tells reporters there is "no progress to report" on the "fiscal cliff."
Speaker Boehner issued a warning for House Republicans today that the leadership is watching how they vote. Robert Costa, National Review, offers insight.
Art Laffer of Laffer Investments discusses President Obama's proposed tax hikes. "If you tax rich people, and give the money to poor people, you're going to get lots and lots of poor people, and very few rich people" he says.
NBC's Jim Miklaszewski reports U.S. officials say the Syria military is poised to use chemical weapons against their own people, but Syria President Bashar al-Asaad has not given the order yet; and discussing the fiscal cliff negotiations in Washington, with CNBC's Eamon Javers; Scott Rasmussen, Rasmussen Reports founder & president; and Rep. Kevin McCarthy (R-CA).
Treasury Secretary Timothy Geithner told CNBC Wednesday that Republicans are "making a little bit of progress" but said the Obama administration was "absolutely" ready to go over the "fiscal cliff" tax rates on the wealthy don't rise.
Treasury Secretary Timothy Geithner describes the administration's position regarding raising taxes on the wealthy, and says the President is completely prepared to go over the 'Fiscal Cliff' unless Republicans go along.
In an exclusive interview on CNBC, Treasury Secretary Timothy Geithner assesses the current state of the "fiscal cliff" negotiations in Washington.
The White House and GOP have both released plans for the fiscal cliff, reports CNBC's Eamon Javers. Karen Finney, Columnist for The Hill; David Webb, TeaParty365; and Guy Benson, Townhall.com.
House Republican leaders are making a counter-offer in the fiscal cliff talks, with Rep. Kevin McCarthy, Republican House Majority Whip from California.
Republicans proposed steep spending cuts on Monday but gave no ground on President Barack Obama's call to raise taxes on the wealthiest in their first formal proposal to avert a "fiscal cliff" that could push the U.S. economy into recession.
CNBC's Eamon Javers reports on Boehner and other Republicans' plan to avoid the fiscal cliff; and Steve Elmendorf, Former Kerry Deputy Campaign Manager; and James Pethokoukis, American Enterprise Institute; and Douglas Holtz-Eakin, American Action Forum, discuss.
CNBC's Eamon Javers reports Erskine Bowles has responded to Speaker John Boehner's counter-offer today.
Republicans negotiating with President Obama on avoiding the "fiscal cliff" proposed cuts to Medicare and Social Security but no tax increase for the wealthy.