Government Spending

Republicans said there have been "numerous examples" of COVID-19 relief fraud, demanding answers from the White House over what it's doing to recoup the money.

The International Monetary Fund warned Tuesday that Ukraine will need up to $5 billion a month to recover from Russia's war.

The U.S. federal budget shortfall was cleaved in half in fiscal year 2022, the Treasury Department reported on Friday, as COVID-19-related spending dried up.

Biden's student loan handout cost the government $426 billion in fiscal year 2022 and boosted the budget deficit to $1.4 trillion in fiscal year 2022, according to CBO.

Former Education Secretary Betsy DeVos argued Biden's student loan handout is an attempt to secure votes from the progressive wing of the Democratic Party.

Rising interest rates mean rising costs of servicing the national debt, which eclipsed $31 trillion -- interest payments on the debt may exceed $500 billion.

The Biden administration is gearing up to release the application for its student loan forgiveness program, which has faced a slew of lawsuits from GOP-led states.

Senior strategic analyst Gen. Jack Keane addressed concerns over the U.S. spending $66 billion to fund Ukraine's war against Russia in the aftermath of Hurricane Ian.

Andrew Bailey, the Governor of the Bank of England, stemmed a bond crisis last week by purchasing government debt, calming the markets but increasing inflationary pressure.

Steve Forbes responded to President Biden criticizing Republicans for calling out Democrats as "big spenders," saying the president is 'oblivious' to our national defense needs.

Sen. Marsha Blackburn, R-Tenn., calls the short-term funding bill designed to avoid a government shutdown another big spending move against American taxpayers.

Kansas Republican argues Democrat Sen. Joe Manchin's energy permitting reform legislation is inflationary and will drive energy costs for Americans.

Texas Republican addresses the looming government shutdown and Biden's spending and tax increases as inflation rises and the economy dips into recession.

The Bank of England said on Monday it would not hesitate to raise rates and is monitoring markets in response to the new government's financial plans.

Members of both parties have found problems with fraud related to the PPP loan program, which spent more than $800 billion to keep businesses and nonprofits afloat during the COVID pandemic.

The Department of Labor Inspector General identified problem areas that have resulted in an estimated $45.6 billion in potentially fraudulent claims since March 2020.

Former OMB director Russ Vought responds to the Fed's latest rate hike, arguing the Biden administration's economic policies are making the Fed's job 'harder.'

West Virginia Attorney General Patrick Morrisey announced that the state settled with Walmart and CVS Pharmacy in a lawsuit regarding the oversupply of prescription drugs.

According to Colorado GOP Chairwoman Kristi Burton Brown, Denver's basic income plan and cash handouts for homeless people won't "help their families" or provide permanent housing.

Miami Mayor Francis Suarez calls out the Biden administration's divisive rhetoric and points to Miami as an example of the power of unity on 'Mornings with Maria.'