Business leaders ‘concerned’ Congress won’t prevent default: WH National Economic Council chair
National Economic Council Director Lael Brainard said that debt-ceiling talks in Congress are "serious" and "constructive" as the deadline looms.
White House commits to raising taxes in Biden's budget, trashes Trump tax cuts
White House press secretary Karine Jean-Pierre said Wednesday that President Biden will propose to raise taxes in his budget plan, which will be released Thursday.
Budget watchdog sounds alarm over US debt exceeding records in just 5 years: 'Chilling'
A $20 trillion increase to the U.S. budget in a decade means "someone down the road is going to pay for it," Committee for a Responsible Federal Budget's Maya MacGuineas says.
US economy on 'shaky footing': Mitch Roschelle
Macro Trends Advisors LLC founding partner Mitch Roschelle argues wages aren't keeping up with inflation, which means people may have to get paid more in an attempt to incentivize them to get back into the workforce.
Biden proposes new minimum tax on billionaires, unrealized gains
President Biden on Monday unveiled a new minimum tax targeting billionaires as part of his 2023 budget request, proposing a 20% rate that would hit both the income and unrealized capital gains of the wealthiest Americans.
Biden is 'facing roaring flames all around him,' is 'not up to the job': Sen. Barrasso
Sen. John Barrasso, R-Wyo., argues President Biden 'wants to blame everybody for everything instead of the man in the mirror.'
McConnell to pitch deal to Schumer on debt ceiling hike
Senate Minority Leader Mitch McConnell told his colleagues Wednesday he is prepared to cut a deal with Majority Leader Chuck Schumer to prevent a nationwide debt default.
Mulvaney rips Dems’ $3.5T spending bill: There's 'no way' to pay for it
Mick Mulvaney told FOX Business' "Mornings with Maria" that there is "no way" to pay for Senate Democrats' $3.5 trillion spending bill without raising taxes on the middle class.
Trump calls for GOP pullout from Biden’s $1.2T mega-spending talks: ‘You’re just being played’
Former President Donald Trump called Friday night for Senate Republicans to withdraw from negotiations over President Biden’s $1.2 trillion spending proposal, warning that "RINO Republicans" were "just being played by the Radical Left Democrats."
Biden's $6T budget predicts tepid economic growth for the decade
President Biden's budget blueprint predicts modest economic growth during his presidency and beyond, despite the rosy rhetoric Biden has projected on how a federal spending spree is needed to spur on job creation.
Republicans declare Biden’s budget proposal ‘dead on arrival’
The White House on Friday unveiled a $6 trillion budget proposal for fiscal year 2022 which would push debt levels to the highest they’ve been since World War II, and Republicans on Capitol Hill are calling the proposal “dead on arrival” in Congress.
White House takes issue with GOP plan to fund spending bill with unused COVID money
The White House has left the door open to accepting the GOP infrastructure counteroffer unveiled Thursday morning but said that figuring out how to pay for the plan "remains unclear."
White House reduces infrastructure proposal to $1.7T, down from $2.25T
Press secretary Jen Psaki revealed Friday that the White House is offering to bring the pricetag of its infrastructure package down from $2.25 trillion to $1.7 trillion.
Biden proposes $1.9 trillion coronavirus stimulus package
Rep. Blaine Luetkemeyer, R-Mo., analyzes the plan on ‘Fox & Friends First.’
Mick Mulvaney on calls for Congress to cut spending
White House budget director on President Trump proposing $15 billion spending cuts.
Air traffic control: Five fast facts
Air traffic control facts
Carson addresses HUD budget cuts, 'immigrants' controversy
Sec'y of Housing and Urban Development