Government Spending

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.'

Former Regan economic adviser Art Laffer calls out President Biden and Democrats' stimulus packages and weighs the impact these bills will have on the economy.

Sen. Mike Braun, R-Ind., criticizes the federal budgeting process and Democrats' spending bills as Congress weighs a continuing resolution to avoid government shutdown.

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.

The U.S. national debt is approaching a record $31 trillion, according to data released by the Treasury Department, and it could have ramifications for the economy.

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