Budget

President Biden on Wednesday is expected to nominate Shalanda Young to be permanent director of the Office of Management and Budget, Fox News has learned.

The provision in question is buried deep in the bill sewn together by House Democrats as they desperately try to get legislation across the finish line after a GOP trouncing at the polls on Tuesday.

Sen. John Barrasso, R-Wyo., the ranking member of the Senate Energy and Natural Resources Committee, released an “investigative report" looking at “how Europe’s energy crisis serves as a dire warning to the United States if Democrats enact President Biden’s budget blowout," according to a press release exclusively obtained by FOX Business.

Democrats will finally pass their $3.5 trillion—or trimmed $1.5 trillion—big, social spending plan by deploying a special process called budget reconciliation to muscle it through the United States Senate.

FOX Business' Stuart Varney provides insight into President Biden's excessive spending plans and the U.S. economy.

White House press secretary Jen Psaki claimed Monday that President Biden's Build Back Better agenda will cost nothing for Americans who make less than $400,000.

Senator Ted Cruz, R-Texas, blasted the Senate Democrats for putting “crazy Uncle Bernie” in charge of the Senate Budget Committee while speaking at the Mackinac Republican Leadership Conference in Michigan Friday night.

Democratic New York Reps. Alexandria Ocasio-Cortez and Carolyn Maloney missed at least part of the House Financial Services Committee's markup of the $3.5 trillion budget reconciliation package to attend the 2021 Met Gala Monday evening in New York City.

Rep. French Hill, R-Ark., says Americans are going to see higher taxes if Democrats' infrastructure package is approved.

The Senate voted early Wednesday to pass the framework of the hotly contested, $3.5 trillion budget reconciliation package after a nearly 15-hour-long vote-a-rama in Washington, D.C., and if there was any camaraderie on the bipartisan infrastructure bill, it seemed to have taken a holiday after this vote.

'Kudlow' host slammed woke budgeting in his monologue and explained how spending caps would work.

Larry Kudlow hit President Biden's economic spending on “Kudlow” Tuesday, comparing it to the old Bulgarian economy.

The last member of President Biden’s Cabinet has yet to be named. 

President Biden on Friday submitted his 2022 defense budget to Congress, which included additional investments in systems intended to help the U.S. out-compete China.

President Biden has released his first budget proposal for fiscal year 2022, which includes across-the-board spending increases, with the most substantial boost allocated to the Education Department.