Spending

Universal basic income programs are spreading throughout the country and are giving low-income people and families $500 a month or more, funded in part through federal legislation.

Rep. Chip Roy said the upcoming debate on the debt ceiling will be a time to strike a deal on how to trim federal spending, which has led to a $31.3 trillion national debt.

Lifestyle and etiquette expert Elaine Swann answers the question many are asking: Is a tip at the counter required? Swann explains the basis for making the decision whether to tip.

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.

Congressional leaders are expected to release their spending plan for the rest of the fiscal year, and deficit hawks are nervous it will pile on billions in new spending.

The rapid growth in U.S. government debt is being financed by domestic U.S. entities, not foreign governments, and that shift poses risks to economic growth.

Year-end spending and tax priorities could set up Democrats in Congress for a wave of legislation that adds hundreds of billions of dollars to the national debt.

Democrats on Thursday rejected a resolution that asked the Treasury Department to give Congress its assessment of whether big spending bills are having an effect on inflation.

Congress could consider hundreds of billions in new spending at the end of 2022, which would require new borrowing and would keep inflationary pressures elevated, says one budget expert.

The IRS is hiring more than 700 new customer service representatives even as several large companies have announced layoffs amid fears of rising recession risks.

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.

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.'

Former White House OMB director Russ Vought argued Biden's continuous spending and bad regulations make the Fed's job of reducing inflation much harder.

Ohio Republican Congressman Jim Jordan addressed Biden's latest military aid package to Ukraine, arguing U.S. taxpayers should not be paying for more weapons

The White House is under fire for not making public a cost analysis for President Biden's plan to cancel between $10,000 to $20,000 in debt for some Americans.

The White House argues that restarting student loan payments in early 2023 will offset any inflationary effects from handing out $300 billion for outstanding loans.

Rising inflation is eating away at strong wage gains that American workers have seen in recent months. Real average hourly earnings decreased 0.1% in April from the previous month as the inflation increase eroded the 0.3% total wage gain, according to the Labor Department.

The House of Representatives is planning to announce they will give staffers in Washington, D.C., and in district offices, free Peloton memberships using taxpayer dollars each month amid skyrocketing inflation.

American households are confronting the steepest inflation in a generation, paying more for everything from cars to food to rent as soaring prices eat away at most workers' wage gains.

The U.S. economy likely slowed to a crawl during the first three months of the year, dampened by a record U.S. trade deficit and slower inventory growth after a very strong finish at the end of 2021.