A House-Senate conference committee negotiated a compromise on a payroll tax cut extension.
The Senate and the House of Representatives passed a bipartisan deal Friday extending the payroll tax cut and unemployment benefits while also avoiding a Medicare fee cut for doctors for the rest of the year.
The 99ers? Call them the 73ers.
Rep. Dave Camp and Sen. Max Baucus announce that Congressional negotiators reached a deal to extend the payroll tax cut.
A bipartisan group of congressional negotiators signed off on an agreement Thursday to extend the payroll tax cut and unemployment benefits while avoiding a fee cut for Medicare doctors for the rest of the year.
House Speaker John Boehner says a payroll tax agreement with Democrats was the only way to prevent a tax hike.
House Speaker John Boehner, R-Ohio, defended Wednesday the decision to move forward with a roughly $100 billion payroll tax cut extension that is not paid for, arguing that it was the only way to prevent a tax hike.
The current Congress has a habit of lurching from crisis to crisis, usually reaching a deal to avoid the unpleasantness du jour just before time runs out.
In a sharp turnaround, House Republican leaders Monday dropped a key demand that the cost of extending the payroll tax cut be offset by spending cuts elsewhere in the budget.
First-time claims for unemployment benefits fell last week, a sign of more gradual improvement in the job market.
After plunging the week before, first-time claims for unemployment benefits ticked up last week.
The president says that in the last 22 months, businesses have created more than three million jobs.
On Tuesday night, President Barack Obama laid out an encouraging reminder of what America is all about: a country that succeeds when everyone gets a fair shot, when everyone does his or her fair share, and when everyone plays by the same rules. He talked about an America where hard work pays off, so that you can raise a family, save for the future, and create even better opportunities for your children.
So it looks like the payroll tax holiday will continue after all.
The long-term unemployed are running out of time.
A top White House economic adviser said on Wednesday that congressional deadlock on extending payroll tax cuts and unemployment insurance benefits could threaten the U.S. economy.
The Senate on Saturday approved a compromise spending bill to keep the government funded for the rest of the fiscal year -- a day after the bill won approval from the House of Representatives.
Fewer Americans filed for their first week of unemployment benefits last week. So few in fact, that initial jobless claims were at their lowest level since May 2008.
If Congress doesn't extend unemployment benefits in the next few weeks, millions of jobless Americans will find themselves without a vital safety net in 2012.
Millions of unemployed Americans are anxiously waiting for Congress to take up the extension of federal unemployment benefits.
Setting up a showdown with the White House and Senate Democrats, House Republican leaders Thursday proceeded with plans to vote next week on a proposal to extend the payroll tax cut and unemployment benefits while easing the path for approval of the Keystone XL oil pipeline.
Senators Collins and McCaskill propose bipartisan payroll tax cut plan
Jobless Americans have collected $434 billion in unemployment benefits over the past four years.
Congress is about to decide whether to renew unemployment benefits for the long-term jobless. Unless it acts by December 31, millions who have been unemployed for more than six months will begin losing benefits. With unemployment at nearly 9% and likely to remain high for the next few years, cutting off benefits for the long-term unemployed would have severe consequences for them and our economy.
After a year of beating their heads against the wall about reducing deficits, lawmakers in the next few weeks may add to them.
The number of Americans filing for their first week of unemployment benefits dipped for the third straight week, breaking another seven-month low.
Debt reduction may be consuming Capitol Hill these days, but lawmakers have a number of pricey budget decisions to make before the year's out.
Fewer Americans filed for their first week of unemployment benefits last week, marking continued -- but still slow -- improvement in the job market.
Fewer Americans filed for unemployment claims last week, but the slight drop wasn't enough to signal improvement in the job market.
Unemployment benefits for 6 million Americans are at risk now that the U.S. Senate has rejected President Obama's jobs bill.
New claims for unemployment benefits are persisting above the key 400,000 threshold, thwarting hopes for a thaw in the jobs market.
The number of Americans filing for their first week of unemployment benefits fell last week to the lowest level in nearly six months, possibly signaling slight improvement in the job market.
The Obama administration said Wednesday it was cracking down on waste and fraud in Medicaid and unemployment, in an effort that should save taxpayers billions of dollars.
First-time unemployment claims rose again last week, reflecting a job market that is still struggling to get on a consistent road to recovery.
Without help from the federal government, millions more people would have sunk below the poverty line in 2010, U.S. Census data shows.
House Majority Leader Eric Cantor critiqued the Obama jobs plan on Tuesday, pointing out areas lawmakers can agree on as well as areas that House Republicans will oppose -- including stimulus spending and tax hikes on the rich.
The nation's unemployment benefits system would undergo extensive changes under the jobs proposal President Obama outlined Thursday.
President Obama unveiled a stimulus plan Thursday night that he says will boost hiring and provide a jolt to the stalled economy if it becomes law.
Jessica Yellin reports the plan includes cuts in payroll taxes and increases in unemployment insurance.
Filings for unemployment claims dipped last week, after striking Verizon employees went back to work.
Instead of collecting a check while looking for work, Georgia has a program to give the unemployed on-the-job training. It has caught the eye of President Obama.
A key reading on unemployment claims rose unexpectedly last week, as a dispute between Verizon Communications and its union employees caused thousands of workers to seek jobless benefits.
Now that the debt ceiling crisis is behind him, President Obama is ready to focus on the top problem plaguing the American economy: weak job creation.
It's Americans' chief concern. The biggest drain on our economy. The greatest threat to our future and our children's future. No, it's not the debt ceiling or the budget deficit. It's the jobs crisis -- the fact that we're stuck in a rut of tepid job growth and record high long-term unemployment, and seem hard pressed to do anything about it.
The number of first-time filers for unemployment benefits fell last week, but remained at a key level signaling that the job market remain sluggish.
The debt ceiling agreement did little to help the millions of jobless Americans whose federal unemployment benefits are set to run out early next year.
Some 4,000 furloughed aviation workers are the latest casualty of political infighting in Washington.
In yet another sign that the job market is still stuck in a rut, more Americans filed for first-time unemployment benefits last week than the week before.
For the tenth week in a row, an uncomfortably high number of Americans filed for their first week of unemployment benefits.
Even though the nation's jobless rate is on the rise, millions of people could see their unemployment checks stop coming at the end of the year.
Florida residents would no longer get up to 26 weeks of state unemployment benefits come 2012, under a bill state lawmakers approved late last week.
The jobless may soon find their state unemployment check is not in the mail.
The nation's jobs recovery suffered a setback last week, but quirkiness in the measure of weekly unemployment claims clouded the picture.
One in six Americans is receiving help from the government, just as fiscal austerity threatens to reduce some of that aid.
The number of Americans filing first-time claims for unemployment benefits fell by 10,000 last week, while the overall jobless rolls also declined, according to a government report released Thursday.
Michigan has reduced unemployment benefits, with Gov. Rick Snyder signing into law a bill cutting the payouts by six weeks.
Potential Republican presidential candidates Mitt Romney, Sen. John Thune, Tim Pawlenty and Rep. Ron Paul all get their chance Friday to address the annual Conservative Political Action Conference -- a gathering of more than 10,000 GOP activists from across the country.
The outspoken entrepreneur addresses the CPAC gathering and takes on Obama, Ron Paul and a possible run for president.
Rep. Michele Bachmann calls on CPAC delegates to make President Obama a one-term leader.
For the first time in more than two years, the number of Americans filing for their first week of unemployment benefits fell below 400,000 last week -- a ray of hope in the one of the longest job droughts in U.S. history.
In another hopeful sign for the job market, the number of Americans filing for their first week of unemployment benefits unexpectedly fell for the third week in a row.
Millions of jobless Americans are no doubt cheering the tax cut deal that President Obama signed into law Friday.
President Obama credits a bipartisan effort for tax legislation that extends Bush-era tax cuts.
President Barack Obama signed an $858 billion tax bill into law Friday, saying, "this is progress, and that's what (the American people) sent us here to achieve."
The number of Americans filing for their first week of unemployment benefits unexpectedly fell for a second straight week last week, according to a government report released Thursday.
Rep. Bruce Braley is facing a perilous decision.
If the Obama administration extends the Bush tax cuts, is this a missed opportunity? CNN's Fareed Zakaria reports.
President Barack Obama should have negotiated a more fiscally responsible deal with Republicans on extending tax cuts, analyst Fareed Zakaria says.
As Sen. Bernard Sanders leads a charge to stall a tax cut compromise on Capitol Hill, back in Vermont, one woman is leading her own campaign for the long-term unemployed -- one letter at a time.
CNN's Doug Schantz has the story of a woman who's exhausted her max 99 weeks of jobless benefits.
President Barack Obama's senior adviser ruled out any major changes to the tax package negotiated with Republicans, saying Sunday that it is time to move forward on a compromise that includes elements distasteful to each side.
The Congressional Budget Office released its score Friday on the tax plan hammered out between Republicans and President Barack Obama, showing a $893 billion hit on the deficit over the next five years.
Jobless Americans everywhere are running out of federal unemployment benefits as Congress debates whether to extend the safety net as part of a Bush tax cut compromise.
The number of Americans filing for their first week of unemployment benefits fell last week, pointing to slight improvement in the job market.
While CNN readers debate the merits of the tax cut deal that President Obama brokered with Republicans, they took shots at president from both ends of the political spectrum.
President Barack Obama vigorously defended his agreement with Republicans to extend all of the Bush-era tax cuts on Tuesday, arguing that it was a price that had to be paid to spare the middle class from crippling tax hikes.
President Obama discusses highlights of the tax deal reached with Republicans.
President Barack Obama on Monday announced a deal with Republican leaders that would extend Bush-era tax cuts for two years and unemployment benefits for 13 months while also lowering the payroll tax by two percentage points for a year.
Despite November's bleak unemployment report, some economists expect hiring to improve soon. Mary Snow reports.
Just as the economy started showing a few hopeful signs of improvement -- a brisk kick-off to holiday shopping, fewer people filing unemployment claims -- the Department of Labor reported Friday that a paltry 39,000 jobs were added in November and the unemployed rate rose to 9.8 percent. This news could not be worse for the economy and the 15 million unemployed Americans who desperately want to work.
Negative surprises are never welcome, yet there is a chance that the bleak November jobs report could be good for the economy. That is, if Washington wakes up to take urgent action.
Top senators from both parties indicated Sunday that a deal was likely soon on temporarily extending Bush-era tax cuts for all Americans, along with unemployment benefits that have expired.
The number of Americans filing for their first week of unemployment benefits ticked up again last week, after falling to the lowest level in two years the week before.
The Senate failed Tuesday to advance a bill that would have extended the deadline to file for federal unemployment insurance through next year.
A Democrat-sponsored bill to extend unemployment benefits through 2011 was introduced in the Senate Monday, but it is likely to face stiff opposition from Republicans.
Although the deadline to file for extended unemployment insurance is officially Nov. 30, many jobless have already filed their last claim for benefits.
The lame-duck Congress returns on Monday to a daunting agenda of economic issues.
Unemployed workers of America Unite!
The number of Americans filing for first-time unemployment benefits rose by 2,000 in the latest week, pointing to continued weakness in the job market, the government reported Thursday.
Two million people will run out of unemployment benefits next month if Congress fails to act in the coming weeks.
The House failed Thursday to pass a bill that would have given the unemployed three more months to file for extended jobless benefits.
Unemployed Americans have collected $319 billion in jobless benefits over the past three years due to the federal government's unprecedented response to the Great Recession, according to a CNNMoney analysis of federal records.
No matter what happens on Tuesday, Congress will return to Capitol Hill on Nov. 15 for a lame-duck session marked by a long roster of unfinished business.
With more people than ever living in poverty, the government's unprecedented effort to strengthen the safety net for needy Americans is running out.
More than 450,000 Americans filed for first-time unemployment insurance last week, a discouraging sign ahead of the government's highly anticipated monthly jobs report due Friday.
Unemployed homeowners cannot count jobless benefits as income when applying for mortgage modifications if they have loans backed by Fannie Mae. That could greatly limit their ability to get a long-term reduction in their monthly payments.
The acting California governor on Monday signed legislation that will return "illegal and excessive taxes" to the residents of a town that drew anger for high salaries paid to its leaders, the governor's office said.