Related Content: Congress

Did President Obama Overstep His Powers?

On The Radar

President Obama signs an executive order to prevent prescription drug shortages.  It's the fifth executive order he's signed in the past week -- is he overstepping his powers? 

Obama Pivots to Call for Patience on Economy

On The Radar

Four years ago this month, candidate Barack Obama gave a speech in Iowa that defined the message of his presidential campaign with a single word -- change -- repeated six times.

A tax reform fairy tale

On The Radar

Tax reform proposals are the political equivalent of science fiction: entertaining but imaginary. No tax proposal ever passes through Congress unscathed. There are too many interests that believe their survival depends on tax preferences — hence the tax code's immutable tendency to accumulate complexities as a ship collects barnacles.

The debt fallout: How Social Security went ‘cash negative’ earlier than expected

On The Radar

Last year, as a debate over the runaway national debt gathered steam in Washington, Social Security passed a treacherous milestone. It went “cash negative.”     For most of its 75-year history, the program had paid its own way through a dedicated stream of payroll taxes, even generating huge surpluses for the past two decades. But in 2010, under the strain of a recession that caused tax revenue to plummet, the cost of benefits outstripped tax collections for the first time since the early 1980s.

Clause and effect: The business cycle matters when assessing the cost of new regulations

On The Radar

American policymakers are pulling every lever they can to revive the economy, from fiscal stimulus to quantitative easing. The big exception has been regulatory policy. From environmental protection to bank oversight, the rule book has steadily thickened in recent years. Republican critics of Barack Obama think this explains America’s economic malaise. Scrap the rules, they claim, and the economy will spring to life. Nonsense, responds the Treasury.

White House turns the screws on Congress over 9 percent approval

On The Radar

A number of White House officials, sensing momentum on their side, blasted Republicans in Congress and on the campaign trail, mocking recent measures and Congress's 9 percent approval rating.

Super Committee & the Budget Debate

On The Radar

The Super Committee is just weeks away from having to decide on a massive new budget plan. CNBC's John Harwood has the details on whether Europe's deal has put more pressure on Congress to follow suit.

New Poll Finds a Deep Distrust of Government

On The Radar

With Election Day just over a year away, a deep sense of economic anxiety and doubt about the future hangs over the nation, according to the latest New York Times/CBS News poll, with Americans’ distrust of government at its highest level ever.

Events Erode Hope of Tax Overhaul Before Election Day

On The Radar

Even in good times, tax reform poses steep political challenges. And these aren’t exactly good times.That helps explain the angst among advocates of revamping the tax code as they have watched events erode their hopes of near-term success on Capitol Hill.

Clinton defends troop withdrawal from Iraq

On The Radar

With his jobs plan stymied in Congress by Republican opposition, President Obama on Monday will begin a series of executive-branch actions to confront housing, education and other economic problems over the coming months, heralded by a new mantra: “We can’t wait” for lawmakers to act.