Related Content: Congress

Paul Ryan to Announce New Approach to Preserving Medicare

On The Radar

House Budget Committee Chairman Paul Ryan, who has been castigated by Democrats and hailed by Republicans for his plan to privatize Medicare, will on Thursday unveil a new approach that would preserve the 46-year-old federal health program. Working with Democratic Sen. Ron Wyden (Ore.), the Wisconsin Republican is developing a framework that would offer traditional, government-run Medicare as an option for future retirees along with a variety of private plans.

GOP Tries To Reign In Spending On Jobless Benefits

On The Radar

One of the year-end fights going on in Congress is about unemployment insurance. Democrats want to extend benefits for people who have been out of work for a long time. Republicans say it's time to change the program and lower its cost. The Labor Department estimates that if Congress doesn't act soon, some 2.5 million people could stop receiving checks by March.

Inside Congress’s End-of-Session Follies

On The Radar

Faced with a House Republican bill that extends the payroll-tax holiday but doesn't raise taxes on millionaires, President Obama and Senate Democrats are considering financing the extension with budget cuts. And as House Republicans attempted an end-run around the effort by Senate Majority Leader Harry Reid, D-Nev., to stall passage of a massive, almost $1 trillion spending package, White House communications director Dan Pfeiffer called for passage of another short-term funding measure.

Deal on Payroll Tax Cut Extension Still Elusive

On The Radar

There is broad agreement in Congress to extend the payroll tax cut for one year and overhaul the federal unemployment benefit system, but a partisan divide over how to pay for it and whether to fast-track an oil pipeline has threatened Congress' ability to adjourn for the year and reignited the prospect of a government shutdown.
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December 9, 2011

Weekly Show

 Newt Gingrich soars past Mitt Romney in the polls in three out of four early primary states. Rick Perry makes a push, but is it now a two-man race? Plus President Barack Obama makes a push for the payroll tax cut extensions.

Parties United in Grilling Corzine Over Missing Funds

On The Radar

Obama Vows to Reject Bills Tying Payroll Tax to Pipeline

On The Radar

President Obama said Wednesday he would oppose any congressional efforts to link extraneous matters to legislation he supports to extend the payroll tax holiday, which is set to expire Dec. 31. Obama's resistance, which he clarified falls short of an actual veto threat, was intended to thwart Republican efforts to mix one of the president's priorities with various but unrelated projects supported by conservatives -- for instance, a proposed oil pipeline that would extend 1,700 miles from Alberta, Canada, through the United States to coastal refineries in Texas.

Fight Shapes Up for Senate GOP Leadership Slot

On The Radar

Sen. Roy Blunt (R., Mo.) just announced he’s running for a Senate Republican leadership post, taking on Sen. Ron Johnson (R., Wis.) in what many lawmakers see as a contest between a traditionalist elder statesman and an insurgent newcomer. At the same time, GOP leaders have moved up the election from January to next Tuesday, so the race will be quick and high-intensity. The leadership vacancy was triggered when Sen.

Legislator Insider Trading

On The Radar

CNBC's Eamon Javers reports on the STOCK Act, which bans Congress from trading on nonpublic information. 

While Washington Fights, Your Taxes Set to Rise

On The Radar

WSJ's David Wessel offers analysis of Washington's battle over payroll tax reductions as Social Security tax increases are slated to kick in at the end of December.