The deficit-reduction super committee failed to go big or even small. But it did succeed in conducting virtually all of its negotiations in private.
Instead of a super tax hike from the super committee, a much better option for the economy and budget-cutting credibility would be to implement plan B, which is the automatic spending-cut trigger known as sequestration.
Congress has sent President Barack Obama a bipartisan spending bill that averts a federal shutdown, but widespread Republican defections underscore rifts between the party's conservatives and pragmatists.
The government's mortgage insurer is coming dangerously close to holding no excess cash reserves for loan losses.
The SNL sketch spoofed CNBC's Republican candidates debate last week. You know, the one that highlighted three candidates: Mitt Romney, Herman Cain, and...uh...oops.
Workers claiming state help with childcare and housing costs will be expected to seek longer hours, or risk sanctions that could include loss of benefits or a requirement to undergo training, in a radical shift in Britain’s welfare system, the Financial Times reports.
If we’re not to blame capitalism for the current wave of dissatisfaction, who are we to blame? Selfish prats. They can be found across the political spectrum and in all socio-economic groups. They make poor decisions and screw stuff up for everyone else.
We found several exaggerations and misstatements in the latest Republican presidential candidates’ debate.
The Republican co-chair of the so-called super committee in charge of slashing the nation's deficit on Sunday called deliberations a "rollercoaster ride," and gave no indication that a deal could be struck before the panel's Thanksgiving deadline.
Federal, state, and even local government policies have had a huge impact on the research and development of alternative fuels, but a clear rival to fossil fuels has yet to emerge in the marketplace. Take our poll on which energy source you think will succeed over the next decade.
There were three winners in the CNBC debate: Herman Cain, Mitt Romney, and Newt Gingrich. Gov. Rick Perry was the obvious loser because of his memory lapse.
Even as a recent good-faith swap of offers showed a narrowing of differences over taxes, a special deficit-cutting "super committee" seems to have hit a major snag just two weeks before its deadline.
We must work with Israel to determine the proper military response needed to stabilize the region, protect our allies and protect this country – if that includes targeted airstrikes on Iranian nuclear facilities, then I am prepared to authorize that action.
Shame on the Republican candidates for president. Shame on them for showing up at debate specifically targeting the U.S. economy with not one credible, rational, even reputable notion of what to do about the nation's housing mess.
The latest debate among Republican candidates for president was a tame affair that produced few factual claims needing correction. Candidates stuck mostly to promises and expressions of their conservative faith in free markets, and their disdain for government.
Rick Perry moved into spin control Thursday after a stumble during the Republican presidential debate, and insisted it won't force him out of the presidential race.
There are 2.5 million miles of pipelines criss-crossing our country, and the age of some of those pipelines is raising concern. CNBC's Michelle Caruso-Cabrera takes a look at what happens when pipelines fail, and what is being done to prevent disasters.
The American Society of Civil Engineers rates our nation's 100,000 miles of levees with a grade of a D-. So what area of the country is most at risk for a levee failure?
The Minneapolis Bridge Collapse in 2007 was a real awakening when it comes to the state of our infrastructure. CNBC's Michelle Caruso-Cabrera meets with one family that experienced that awaking first hand.
America's infrastructure crisis stretches coast to coast. One of the worst problems facing the country -- the state of our nation's bridges.