Spending

Americans' minimum salary expectations surged in July, with the lowest wage that workers would be willing to accept for a new job increasing sharply from the previous year, according to a Federal Reserve Bank of New York survey published Tuesday.

Democrats don't appear to have the votes to pass their $3.5 trillion budget resolution amid a standoff over infrastructure

Kudlow discusses democrats pushing forward the infrastructure bill during his Wednesday monologue.

Nearly all Senate Republicans signed a letter released Wednesday vowing not to vote to raise the debt ceiling, signaling that Democrats may be forced to raise the limit under budget reconciliation to prevent the United States from defaulting on its debt.

Treasury Secretary Janet Yellen on Monday urged Congress to pass a debt ceiling increase through regular order with bipartisan votes.

Some Republicans are raising alarms about allegedly wasteful spending in the bipartisan infrastructure bill in the Senate that won't serve what is supposed to be the narrow purpose of the bill: to improve the function of roads, bridges, water, broadband and other hard infrastructure.

The U.S. Senate, in a 67-32 procedural vote Wednesday, advanced a $1.2 trillion bipartisan infrastructure bill -- despite the fact that the full text of the proposal hasn't been made public yet.

Larry Kudlow weighs in on the bipartisan Senate infrastructure bill in his "Kudlow" monologue on Wednesday.

Treasury Secretary Janet Yellen on Friday urged Congress to raise or suspend the debt ceiling by the end of the month, warning that her department will need to deploy "extraordinary measures" beginning Aug. 2 to prevent the U.S. government from defaulting.

Rep. Rodney Davis, R-Ill., argues the current infrastructure bill would hurt his constituents.

Senate Democrats are exploring a sweeping $6 trillion budget reconciliation bill that would include a major expansion of Medicare, a long-time priority of progressive lawmakers.

President Biden may meet this week with a group of senators trying to strike a bipartisan infrastructure, White House press secretary Jen Psaki said Monday morning.

A new national poll indicates that while President Biden’s multi-trillion dollar spending proposals that he’s trying to pass through Congress as well as his $1.9 trillion COVID relief package remain popular with a major of Americans, nearly three quarters are worried that the measures will lead to inflation.

Senate Majority Leader Chuck Schumer plans to formally trigger the budget reconciliation process on Wednesday as Democrats look to muscle through President Biden's massive trillion tax and spending plans using their slimmest-possible majority.

Bank of America CEO Brian Moynihan believes that the United States is "starting to win the war" against COVID-19, with the economy reaching "roughly" pre-pandemic levels.

As more people get vaccinated and restrictions are rolled back, Americans are beginning to transfer one mask for another: enter facial treatment masks, under-eye patches and all other cosmetic essentials.

President Biden on Friday unveiled a $6 trillion budget proposal that keeps in place a Trump-era tax break for owners of closely held businesses.

Senate Republican Leader Mitch McConnell said Republicans are “open to spending some more” on infrastructure after a group of GOP members put forth a $928 billion counterproposal on Thursday.

Treasury Secretary Janet Yellen on Thursday asked Congress to approve an additional $13.2 billion in funding for the IRS, which has seen its budget gutted over the past decade.

Florida became the latest Republican state to announce that it will opt out of a federal program that boosted unemployment benefits by $300 a week.