If done right, Herman Cain’s proposal to replace all federal taxes with a 9 percent income tax, 9 percent national sales tax, and 9 percent corporate tax makes good economic sense.
Business executive Herman Cain has jumped to the top of the volatile Republican presidential race in a campaign season dominated by economic anxiety.
President Obama needs to stop campaigning and start working with Republican lawmakers who are interested in finding common ground for policies that will improve the economy, Rep. Paul Ryan said Wednesday.
Now that Herman Cain's stock has been rising in the Republican presidential scrabble, he's drawing a clear line between himself and the other candidates when it comes to taxes.
Mitt Romney offered a robust defense of the health care plan he signed as governor of Massachusetts and sought to look beyond his Republican presidential rivals at a debate here Tuesday night by presenting himself as the leader who is best prepared to take on President Obama.
CNBC's Eamon Javers reports Attorney General Eric Holder says the U.S. has charged two men, originally from Iran, for conspiracy to murder Saudi Arabian Ambassador.
In a grim sign of the enduring nature of the economic slump, household income declined more in the two years after the recession ended than it did during the recession itself, new research has found, reports the NYT.
Will the protesting voices on Wall Street actually change policy in Washington? Sharing perspective regarding the "Occupy Wall Street" protests, with Jonathan Weisman, WSJ senior political writer and White House correspondent; Ben White, Politico Morning Money columnist; and CNBC's John Carney.
CNBC's Hampton Pearson reports on Treasury Secretary Timothy Geithner's prepared statement regarding the annual report of the financial stability oversight council.
After months of turmoil and uncertainty, the Republican 2012 presidential race finally appears to have a settled field of candidates — with Mitt Romney solidifying his perch at the top of the pack.
President Obama and his House Republican adversaries feuded over how to best create jobs in the weakened U.S. economy Saturday, with Obama demanding Congress pass his $447 billion jobs bill and the GOP countering with a call for less government red tape.
The U.S. Department of Energy said it plans to push ahead with as much as $5.3 billion in potential additional alternative energy loans by Friday, despite Republican complaints the money is going out too quickly to untested firms.
Standing in the living room of their house, now full of mud, slime and debris, Helen and Peter Kelly cannot believe that Congress is bickering over disaster aid to people like them. The New York Times reports.
Oh, man. If this is the Benjamin's idea of monetary policy help, imagine if he wanted to screw things up. But I shouldn't blame Ben.
Whether the taxes on the rich in Europe raise enough money to close much of their budget shortfalls, they are being promoted as a step toward economic fairness at a time when governments are cutting spending on social programs like pensions, health care and education. The New York Times reports.
It could almost make your head spin. With an economy on the front end of another recession, President Obama’s tax attack on the folks who are most likely to succeed, invest, start new businesses, and create jobs is nothing short of staggering. Only liberal-left class-warfare ideology can explain this.
As much as the world is watching to see how Europe will solve its debt problems, it also is focused on which approach the U.S. will take in solving its own similar issues, Treasury Secretary Timothy Geithner said.
Chairman Ben Bernanke changed this weeks Federal Reserve meeting from one day to two. He has to have a good reason, right? He said there is a lot to discuss, but there usually is. These guys are not without ego and want their say, and the Chair wants more time.
The people who do the hiring in this nation need more leadership out of Washington and more certainty from the Obama administration's attitude on capitalism, hedge fund investor Nelson Peltz told CNBC Monday.
President Obama will propose a "Buffett Tax" on people earning more than $1 million a year when he unveils his deficit plan on Monday, the White House said.