The Republican-controlled Congress faces a January 19 deadline to keep the government open.
Lawmakers hope to approve a must-pass spending bill on Thursday as the clock ticks toward potential government shutdown this weekend.
Sens. Susan Collins and Lamar Alexander abandoned efforts to force a year-end budget bill to restore federal payments to insurers.
In 2012, business leaders warned against the looming debt disaster. Now, with corporate tax cuts on the table, those concerns have been put aside.
CNBC Editor at Large John Harwood sits down with Senator Lamar Alexander (R-Tenn.) to talk about tax cuts, entitlement reforms and deficits.
John Harwood, CNBC Chief Washington Correspondent, talks to Tennessee Senator Lamar Alexander about whether he believes President Donald Trump is dangerous for the country.
John Harwood, CNBC Chief Washington Correspondent, talks to Tennessee Senator Lamar Alexander about President Donald Trump's immigration policy.
John Harwood, CNBC Chief Washington Correspondent, talks to Tennessee Senator Lamar Alexander about the Senate candidacy of Alabama's Roy Moore, who's been accused of sexual misconduct by several women.
John Harwood, CNBC Chief Washington Correspondent, talks to Tennessee Senator Lamar Alexander about the idea of fixing Obamacare, saying it wouldn't hurt the President or Congress one bit.
Sen. Lamar Alexander on Trump: "He's completely unconventional ... I'm going to try to help him succeed."
Sen. Lamar Alexander says Americans need to study history and sort out immigration once and for all.
On the Roy Moore scandal, Sen. Lamar Alexander said: "My view on it is the charges, as detailed, seemed well-documented and serious."
Sen. Lamar Alexander of Tennessee has earned a reputation for seriousness, diligence and pragmatism.
The bill would restore billions of dollars in reimbursement payments to insurers.
House Republicans, with the urging of President Donald Trump, will strive to pass a budget so they can turn their attention to tax reform.
The bill would restore billions of dollars in payments to Obamacare insurers, many of whom hiked prices to anticipate the payments ending.
The individual mandate requires most people to have health insurance or pay a fine.
A deal to stabilize Obamacare suffered major setbacks, with President Donald Trump now opposing it and senior Republicans speaking out against it.
Cost-reduction payments to Obamacare insurers were actually reimbursements for discounts they were required to give.
The proposal would fund billions of dollars worth of Obamacare reimbursements to insurers, which Trump cut off last week.