By easily compromising on his central campaign promise that he claimed was a line in the sand, Obama signaled to Republicans that there's nothing he won't compromise on.

WASHINGTON -- House Speaker John Boehner's "Plan B" to preserve current tax rates on all but million-dollar earners is actually a tax hike on the midd...

WASHINGTON -- President Barack Obama and House Speaker John Boehner (R-Ohio) met for nearly an hour on Thursday evening in their latest attempt to bre...

WASHINGTON -- House Democrats mounted a bid Tuesday to give nearly all taxpayers a Christmas Eve present by trying to force a Dec. 24 vote on a bill t...

WASHINGTON -- Dire headlines about the ongoing "fiscal cliff" debate might give the impression that the country is destined for a harrowing economic j...

Obama, as the chattering classes will tell you, is "done negotiating with himself." That's a pretty good phrase, because it accurately describes how these negotiations have taken place over Obama's first term. This time, the White House seems to be saying, that isn't going to happen.

WASHINGTON -- House Minority Leader Nancy Pelosi offered her own way to break the apparent stalemate over the so-called fiscal cliff -- by taking matt...

WASHINGTON — Vice President Joe Biden went on a Costco shopping spree Thursday and called for Congress to extend middle-class tax cuts as part o...

No one should continue to indulge this fiction. Republicans have voted to raise taxes. Repeatedly. They just did it again in 2010.

The best way to generate jobs and growth is for the government to spend more, not less. And for taxes to stay low -- or become even lower -- on the middle class.

ABOARD AIR FORCE ONE, Oct 27 (Reuters) - President Barack Obama will continue to push for middle-class tax cuts as part of his economic agenda, but ...

WASHINGTON -- Vice President Joe Biden said Monday that Republican presidential nominee Mitt Romney is so out of touch with regular Americans that he ...

Republicans and Democrats in Congress very deliberately made their tax arguments before going on a six-week break last week, with Democrats voting to ...

With the House set to vote on extending all the Bush tax cuts later this week, Democrats are hammering 23 Republicans in competitive districts with an...

WASHINGTON -- Senators blinked in the political standoff over how much of the Bush-era tax cuts to extend for another year and voted Wednesday to keep...

Yesterday, President Barack Obama jump-started the recurring battle over the Bush-era tax cuts with his proposal to retain those tax cuts for all Amer...

WASHINGTON -- House Minority Leader Nancy Pelosi (D-Calif.) on Thursday defended her push to permanently extend "middle class" tax cuts to people maki...

I want to help explain what is happening on the floor of the House of Representatives. We should be voting to extend middle class tax cuts, but through some legislative acrobatics, the Republican Majority has totally prevented this.

WASHINGTON -- Rep. Paul Ryan (R-Wis.) said on Sunday that House Republicans would oppose President Barack Obama's payroll tax cuts for both employers ...