"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.
Raising tax rates for wealthier Americans and broadening the tax base key to fiscal cliff deal, former Clinton Treasury Secretary Lawrence Summers says.
95 percent of African Americans voted for President Obama in the last election. Burgess Owens, author of "It's All About the Team," explains why he thinks President Obama has "anti-black" policies.
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 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.
CNBC's Steve Liesman speaks to Treasury Secretary Timothy Geithner about the fiscal cliff negotiations in Washington.
Alan Simpson has taken a drastic step in his campaign to trim the nation's hemorrhaging $16 trillion debt. Many steps: He's dancing Gangnam style.
The White House says President Obama is willing to let the country go over the "fiscal cliff" if Republicans don't concede on a tax hike for the wealthy.
In a rare display of bipartisanship, House Democratic Whip Steny Hoyer defended House Speaker John Boehner, saying the Ohio Republican "legitimately wants to reach an agreement" on the "Fiscal Cliff."
Rep. Lynn Jenkins, (R-KS), provides the Republican response to remarks made by President Obama on the looming fiscal cliff.
"Nobody wants to get this done more than me," said President Obama, addressing a group of business leaders on his plans to find a solution to the looming fiscal cliff. "We can't cut our way to prosperity," he added.
"It's time for the moderates to step up on both sides," said Jeffrey Solomon, Cowen & Company CEO, explaining how fiscal cliff uncertainty is impacting the markets, and why moderates need to band together to create acceptable solutions.
Rep. Steny Hoyer, (D-MD), explains why both sides of the aisle will have to bend to avoid going over the fiscal cliff.
CNBC's Maria Bartiromo asks Donald Trump's daughter, Ivanka, about a widely circulated report that she and her two siblings asked their father to moderate his political criticism of President Obama.
The only way to solve America's debt crisis and bring certainty to Wall Street and the business community is to go over the fiscal cliff, said former Vermont Governor Howard Dean.
House Republican leaders are making a counter-offer in the fiscal cliff talks, with Rep. Kevin McCarthy, Republican House Majority Whip from California.
Howard Dean, former Democratic National Committee chairman, explains why he believes going over the "cliff" is the best solution to solving the nation's debt crisis. Gov. Rick Perry, (R-TX), weighs in.