Rep. Waltz calls out Biden as 'bold-faced' liar
Rep. Michael Waltz, R-Fla., says President Biden is lying when he says his spending plan will cost nothing.
CBO: Biden spending bill will add $367B to deficit, not counting IRS tax enforcement plan
The nonpartisan Congressional Budget Office estimated Thursday that President Biden’s social spending bill will add $367 billion to the federal deficit over the next 10 years, without counting potential revenue from an IRS tax enforcement crackdown that White House officials claim will cover the remaining cost.
What triggers an IRS audit?
The Internal Revenue Service could soon get a massive infusion of cash to help it track down wealthy tax cheats.
Nursing homes warn Build Back Better could have 'devastating impact' on labor shortages and force closures
The nation’s largest nursing home association is sounding the alarm on President Biden’s social spending package, saying it could have a "devastating impact" and force thousands of long-term care facilities to limit admissions or close their doors.
Pelosi defends SALT deduction in Dems' spending bill, insists it won't benefit the rich
House Speaker Nancy Pelosi on Thursday defended the inclusion of changes to the state and local tax deduction in President Biden's signature spending plan, even though economists across the political spectrum agree the policy would serve as a windfall to wealthy Americans.
Major economists think Biden's spending plan could push inflation even higher
President Biden has started to bill his massive social spending and climate bill as the key to slowing hotter-than-expected inflation, but three top economists say the $1.75 trillion package could ultimately add more fuel to the fire.
Sen. Rubio rips Biden’s China agenda as ‘failed foreign policy orthodoxy’
Sen. Marco Rubio explains why he's delaying Biden's "failed foreign policy" picks for ambassadors to China and Spain.
Biden is living example of ‘failed foreign policy orthodoxy’: Sen. Rubio
Sen. Marco Rubio, R-Fla., says President Biden often flip-flops on his foreign policy stances.
Sen. Rubio delays Biden's ambassador picks for China, Spain
Sen. Marco Rubio, R-Fla., explains why he opposes President Biden's nominees for U.S. ambassadors to China and Spain.
Republicans set to grill Biden banking nominee Saule Omarova in key hearing, with moderate Dems on the fence
Senate Republicans aim to block Saule Omarova's nomination to be comptroller of the currency.
Biden spending bill's IRS tax enforcement plan will cause audits to double, House GOP memo says
Enhanced IRS tax enforcement provisions included in President Biden’s social spending bill will cause audits to double over the next 10 years, according to a Republican memo distributed by House Minority Leader Kevin McCarthy, R-Calif., to GOP lawmakers on Thursday morning.
CBO score on Biden spending bill would be 'pretty hard' to ignore, former director says
Democratic lawmakers should be wary of downplaying the Congressional Budget Office’s score for President Biden’s social spending bill if the estimates undercut the administration’s argument that the legislation is fully paid for, former CBO Director Douglas Holtz-Eakin told FOX Business’ Neal Cavuto on Wednesday.
Biden faces pressure to tap strategic oil supply as gas prices soar
President Biden is under growing pressure from Congress to tap into the nation's Strategic Petroleum Reserve in an effort to quell soaring gas prices ahead of the holiday season.
American Gas Association president: We're the most regulated industry in US
Karen Harbert sizes up surging heating costs across the country ahead of winter.
Chris Christie: This is what Republicans need to discuss
Former New Jersey Gov. Chris Christie argues the GOP’s most important domestic issue is school boards restricting parents’ First Amendment rights.
Chris Christie on GOP future, Biden spending, FBI whistleblower
Former New Jersey Gov. Chris Christie previews his new book ‘Republican Rescue’ and discusses midterm trouble for Democrats.
Mayorkas gives himself an 'A for effort' as border crisis surges under his leadership
Sen. James Lankford, R-Okla., discusses DHS Secretary Mayorkas' latest testimony on the border crisis, Biden's immigration policies and the social spending bill.
Rep. French Hill slams Dems’ ‘crazy’ economic theories: We could lose our country
Rep. French Hill, R-Ark., argues Fed Chair Jay Powell has 'earned' reappointment by Biden.
Accounting games: Democrats are downplaying the price of their massive spending bill, watchdog says
The Committee for a Responsible Federal Budget says Democrats' reconciliation bill will cost a lot more than they say it does.
Yellen warns federal debt ceiling will be reached by Dec. 15
Treasury Secretary Janet Yellen informed lawmakers Tuesday the federal government will reach its debt ceiling by Dec. 15, setting a timeline for what is expected to be a heated debate in Congress over raising the limit.