Biden tells firefighters union they shouldn’t pay higher taxes than billionaires, renews call to tax rich
President Biden vowed to make both billionaires and corporation "pay their fair share" while speaking at a conference for members of a firefighters union on Monday.
Federal deficit up $200 billion compared to last year despite Biden's reduction claims
The CBO's latest budget update showed the federal deficit was up $200 billion year-over-year as of January, despite President Biden's claims about his deficit reduction efforts.
Biden's fantasy economy: Americans see through SOTU spin on jobs, inflation, deficits
President Biden tried to take credit for what he claims is an improving economy durin ghis State of the Union speech Tuesday night. Americans aren't falling for it.
Major Social Security trust funds could be tapped out by 2033: CBO
The non-partisan Congressional Budget Office found that Social Security's main trust funds could be exhausted by 2033, which could result in reduced payments to beneficiaries.
Nikki Haley slams Biden for calling Republicans 'fiscally demented': 'Try again, Mr. President'
Former United Nations ambassador Nikki Haley blasted President Biden's recent comments where he called Republican's "fiscally demented."
California facing $24B budget shortfall amid economic uncertainty
California is facing a $24 billion budget shortfall for 2023-24 as ongoing concerns about inflation and a potential recession create economic uncertainty.
The $1.7 trillion, 4,155-page Biden spending deal put on blast: ‘Monstrosity,’ ‘Absolute stinker'
Congress woke up Tuesday morning with the daunting task of passing a $1.7T spending bill before the end of the week, with little time to read its 4,155 pages.
Biden on pace for $1 trillion budget deficit in 2023: $2.7 billion in new debt per day
The federal government borrowed $83 billion in October, putting it on a pace for another $1 trillion budget deficit this year despite lower costs related to the COVID pandemic.
Larry Kudlow: Biden's $3 trillion fantasy about GOP intentions is a flat out lie
FOX Business host Larry Kudlow calls out President Biden for his statement on $1.4 trillion deficit drop being the largest one-year decline in history on 'Kudlow.'
US government debt revealed, inflation hotspots and more: Wednesday's 5 things to know
U.S. national debt is closing in on $31 trillion after Congress spent at an amazing clip and borrowed before the pandemic. Stocks suffered the worst day in two years as inflation rises.
US national debt nears $31 trillion and counting
The Biden administration has claimed progress reducing the annual budget deficit, but total U.S. debt continues to climb to record highs.
US goods trade deficit narrows sharply; core capital goods shipments strong
The United States trade deficit in goods shrank considerably in the month of June after a surge in exports. This news could potentially the fears of a potential recession.
State of the Union: Biden vows to cut deficit by $1 trillion by end of the year
President Biden pledged in his first State of the Union address to cut $1 trillion from America's deficit by the end of 2022.
US trade deficit widened to record in June, showing strong pre-delta demand
The U.S. trade deficit widened to a record in June as the resurgent American economy drove strong demand for foreign-made goods ahead of the Covid-19 Delta-variant surge.