Budget Bill Nears Senate Passage
The Senate advanced the measure over a filibuster threshold on a 67-33 vote, ensuring it will pass the chamber no later than Wednesday.
Senate Republicans on Finance Committee Urge Deficit Panel to Make Changes
Republican senators' recommendations to the Joint Select Committee on Deficit Reduction include repealing the Alternative Minimum Tax and the health-care law and reforming Social Security.
Debt Limit 'Unconstitutional,' Say Democrats; 'Crazy Talk,' Says a Republican
As the clock ticks toward potential default, Congress, still sparring over whether a deal can be reached to increase the debt limit, is facing a new debate. Last week Democrats began talking about the possibility that the debt limit itself is unconstitutional.
GOP Demands IRS, Obama Records on Political Donor Tax Enforcement
Finance Committee members cite First Amendment rights in protecting nonprofits that primarily support political organizations, and the Republican Senators also requested records of conversations and correspondence from President Obama.
Republicans and Democrats Spar Over Tax Cuts, Economy as Election Nears
As the hours dwindle down to Tuesday's election, the talk Sunday from the likes of Sen. Robert Menendez (D-N.J.) was about the economy, tax cuts and the deficit.
SEC Charges Wyly Brothers With $550 Million Fraud
Sam and Charles Wyly, Dallas billionaire investors known for their support of conservative candidates, made $550 million in undisclosed profits through 13 years of insider trading, according to a SEC lawsuit filed Thursday, July 29.