Topic: John Boehner
Dysfunctional politics, both in Washington and in Europe, is spooking markets worldwide. While perhaps not as dangerous as the economic dysfunction of 2008, it is still a concern.
09/23/2011 04:43 pm
With near permanent brinksmanship the new normal, Congress headed into votes Friday to try to avert a government shutdown that is slated to occur on Oct. 1 if a continuing resolution bill is not passed.
09/23/2011 01:31 pm
Disaster aid bill: The measure would also prevent a federal shutdown next weekend by financing government agencies from the Oct. 1 start of the new federal fiscal year through Nov. 18.
09/23/2011 12:48 pm
Congress's deficit 'super committee' began its look into reform of the tax code. Despite the partisanship consuming Washington, the $1 trillion in personal and corporate tax breaks buried in the code are an appealing target for both sides.
09/22/2011 08:55 pm
First, President Obama seized upon populist comments by multibillionaire investor Warren Buffett to make his tax-the-rich proposal more palatable. Now, Buffett says he will attend an Obama fundraiser. He's becoming the poster boy for Obama's plans.
09/22/2011 10:03 am
Conservative Republicans joined the Democrats in opposing the spending bill, whose defeat revives the threat of a government shutdown. A way forward for House leaders is unclear.
09/22/2011 12:08 am
The annual Forbes 400 list of wealthiest Americans has landed amid heated rhetoric over 'class warfare.' Members saw their net worth ($1.53 trillion combined) rise 12 percent in the past year.
09/21/2011 08:24 pm
$3 trillion in deficit cuts from Obama will be paid for with taxes on the wealthy. The $3 trillion plan is a longer-term follow up to the $447 million in tax cuts and public spending that the president announced as part of a short-term stimulus plan.
09/20/2011 01:09 pm
The GOP knows it will get $1.2 trillion in deficit cuts this year no matter what. That gives it less incentive to compromise with President Obama on a deal that raises taxes on the rich.
09/20/2011 10:43 am
The Dow lost 108 points to close at 11401 as investors worried that Greece will default on its loans.
09/19/2011 06:50 pm