Government Spending

The Biden administration has claimed progress reducing the annual budget deficit, but total U.S. debt continues to climb to record highs.

King Charles III signed over the care and profits from his privately-owned Crown Estates to the national government in a ceremony at St. James's palace.

Sen. Rick Scott argues against the idea that Republicans are not as unified as Democrats heading into the Midterm Elections.

NASA officials revealed that the Artemis rocket began leaking liquid hydrogen fuel hours before the second launch attempt for an unmanned trip around the moon.

Louisiana's long-neglected critical infrastructure systems are slated to get a major boost in federal funding from the Infrastructure Investment and Jobs Act.

Economist Art Laffer likened Biden's economic plans to the welfare state as the US tries to protect everyone from losses, ultimately, as he warns, guaranteeing no profits.

Federal Reserve interest rate hikes will not successfully cool inflation unless the federal government also slows fiscal spending, a new paper suggests.

A basic income program that is giving 1,000 Los Angeles County residents $1,000 per month over the next three years has launched, according to officials.

Purdue University President Mitch Daniels blasted Biden's student loan handout as "cynically political," arguing it will worsen an already "terrifying' national debt."

The Secret Service returned $286 million in fraudulently-obtained COVID relief funds to the SBA that fell under the Economic Injury Disaster Loans.

An analysis released by the Wharton School of the University of Pennsylvania found that President Biden's loan forgiveness program could cost up to $1 trillion.

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.

President Biden's student loan debt plan was met with cheers and jeers. FOX Business breaks down some of the key points for those who qualify and those who don't.

President Biden is gearing up to make an announcement on student loan debt forgiveness, but a new analysis shows that cancelling debt could cost up $980 billion.

FOX Business' Stuart Varney discusses Biden and the Democrats touting the Inflation Reduction Act as Americans are unsatisfied with the current state of the country.

Former Congressional Budget Office Director Doug Holtz-Eakin says he's "very concerned" the Biden administration will pass legislation that won't "deliver" to Americans.

FOX Business host Larry Kudlow called out the Democrats' social spending package and explains the little impact it will have on climate change on "Kudlow."

United Refining Company Chariman and CEO John Catsimatidis discusses the increase in IRS agents and its effects on middle-class Americans and unions.

Senate Democrats passed the Inflation Reduction Act on Sunday, but the health care and climate spending bill could actually reduce millions of Americans' take-home pay.

Senate Democrats on Sunday passed a sweeping spending package targeting health care and climate change, funded by a slew of new taxes targeting stock buybacks and corporations.