Cutting entitlement spending is central to resolving the long-term fiscal challenges of the US, Starwoods CEO Frits von Paasschen told CNBC on Monday.
Republicans need to let tax rates on the rich rise to change the debate from taxes to more important entitlement reforms, Republican Senator Bob Corker told CNBC on Monday.
Discussing what a real deal to avert the fiscal cliff looks like, with Senator John Thune (R-SD). "As we look at these policies, entitlement reform and tax reform has got to be about growth," he says.
Erskine Bowles, one half of President Obama's deficit reduction commission, tells "Squawk Box" why he's more optimistic the "fiscal cliff" will be averted.
CNBC's Kelly Evans tells you what the markets will be watching as we approach the start of trading in the U.S.
Some House members are talking about a "doomsday" scenario, or what might be called a strategic retreat.
CNBC's John Harwood has the latest details on talks in Washington on the "fiscal cliff" with just 24 days to go.
Michigan Republicans in a single day reached the brink of a goal that for years has seemed an all-but-impossible dream: making the labor bastion of Michigan a right-to-work state.
House Speaker John Boehner tells reporters there is "no progress to report" on the "fiscal cliff."
CNBC's Ross Westgate tells you what the markets will be watching as we approach the start of trading in the U.S.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
Former Sen. Judd Gregg, (R-NH), explains why Congressional leadership may be to blame for the stall on "fiscal cliff" talks.
CNBC's John Harwood reports the results of new data that says Americans will blame Democrats and Republicans equally if the nation goes over the "fiscal cliff" at the end of the month.
Rep. Kevin Brady, (R-TX), and Sen. Robert Casey, (D-PA), debate key issues on taxes and spending, ahead of this morning's Joint Economic Committee hearing on the "fiscal cliff."
"Nobody wants to go over the "cliff" at this time," said Doug Oberhelman, Chairman & CEO of Caterpillar, discussing his support of the "Fix the Debt" campaign, and why credible reform must be big and bipartisan.
"The President is open to using all the tools we have available," said Lawrence Summers, Harvard University professor and former U.S. Treasury Secretary, discussing compromise among the two political parties and the implications of going over the "fiscal cliff."
"There's no prospect to an agreement that doesn't involve those rates going up on the top two percent of the wealthiest Americans," Treasury Secretary Tim Geither said to CNBC's Steve Liesman.
Kevin Hassett, American Enterprise Institute, provides a preview of this morning's JEC hearing on the fiscal cliff and protecting the middle class.
Hillary Clinton's popularity is booming and the majority of Americans say they would like to see her run for the White House in 2016. The Global Post reports.
U.S. President Obama has topped the Forbes Power List for the second straight year. Steve Forbes, Chairman and Editor-In-Chief, Forbes says governments are too powerful, which doesn't bode well for the global economy.