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House Speaker John Boehner said on Thursday that no substantive progress has been made to avoid the "fiscal cliff" of spending cuts and tax hikes that will start to go into effect early next year if Washington does not act.

House Speaker John Boehner, the man at the center of negotiations with President Obama, today rejected Oklahoma Rep. Tom Cole’s suggestion to pass an extension of tax cuts for 98 percent of people, declare victory, and go home.

Jesse Jackson Jr.'s resignation from Congress might end his once-promising political career but it doesn't mark the end of troubles for the civil rights icon's son... Just two weeks after voters re-elected him to a ninth full term, Jackson on Wednesday sent his resignation letter to House Speaker John Boehner, citing his ongoing treatment for bipolar disorder and admitting "my share of mistakes" while confirming publically for the first time that he's the subject of a federal probe and cooperating with investigators.

Former House speaker Nancy Pelosi said Wednesday she will run to keep her job as the Democratic leader in the House after a pair of elections that kept the party in the minority there even as Democrats gained seats in the Senate and a second term for President Barack Obama.

...Jackson is discussing a plea deal with the Justice Department, which is investigating his alleged use of campaign funds to decorate his house and buy a $40,000 Rolex for a female friend. Jackson won reelection last week with more than 60 percent of the vote. A plea deal could require jail time and his resignation, according to reports.

Rep. Jesse Jackson Jr. has left the Mayo Clinic, where he was being treated for bipolar disorder for the second time since taking a leave of absence in June... Jackson remains under a U.S. House committee's investigation into his dealings with imprisoned former Illinois Gov. Rod Blagojevich.

CBS News reported the Illinois Democrat is working on a deal stemming from allegations he misused campaign funds.

Obama and Boehner hinted compromise is possible, in a bid to defuse tensions before talks next week to avert a fiscal crisis.

Flush with re-election vigor, President Barack Obama on Friday will provide his first public comments on the upcoming negotiations with Congress on how to deal with pending tax hikes and spending cuts that create the so-called fiscal cliff facing the economy at the end of the year.

House Speaker John Boehner emerged in the aftermath of Tuesday’s presidential election to strike a conciliatory note, offering to work with President Barack Obama on a grand bargain to avert the impact of the coming fiscal cliff.