Government Spending

Inflation cooled for the first time in months in April, even as supply chain constraints, the war in Ukraine and strong consumer demand continued to keep consumers prices running near a 40-year-high.

FOX Business' Stuart Varney on the Biden administration's plans to combat rising inflation ahead of the president's address Tueday.

Americans' inflation fears remained near a record-high in April, with consumers expecting the price of everyday goods to stay elevated in the coming years, according to a key Federal Reserve Bank of New York survey published Monday.

President Biden has floated the possibility of erasing some student loan debt for millions of Americans, reviving a campaign promise as he faces mounting pressure from progressives as well as declining approval ratings.

Georgia and local governments have authorized a $1.5 billion incentive package to build a 7,500-job, $5 billion electric vehicle plant

President Biden this week revived the possibility of wiping out millions of Americans' student loan debt with the stroke of a pen, a policy that could cost the federal government $321 billion.

Treasury Secretary Janet Yellen on Thursday defended President Biden's nearly $2 trillion COVID-19 stimulus bill despite criticism that the burst of government spending acted as an accelerant for the highest inflation in 40 years.

Sen. James Lankford, R-Okla., on Monday released his latest wasteful spending report, dubbed "Federal Fumbles: Ways the federal government dropped the ball."

Chippendales, the famed male stripping troupe is lobbying to ensure they receive pandemic relief.

Rep. Nancy Mace, R-S.C., discusses her plan to tackle the government's hefty spending initiatives.

President Biden has so far canceled just a fraction of the student loan debt that he promised to erase on the campaign trail, but the White House said this week that a broader forgiveness plan is still a possibility.

President Biden laid out a sprawling, $5.8 trillion budget blueprint at the end of March that would moderately boost economic growth over the next few year decades and gradually shrink the nation's deficit.

Democratic Sen. Kyrsten Sinema poured cold water this week on President Biden's renewed plan to overhaul the nation's tax code and dramatically raise rates on corporations and ultra-wealthy Americans.

The tightest labor market in years is fueling rapid wage gains for most workers – the only problem is that red-hot inflation is quickly eroding those increases.

Gen. Jack Keane discusses the importance of investing in Taiwan as soon as possible amid Russia's war in Ukraine

Canadian Prime Minister Justin Trudeau announced a two-year ban on foreign investors buying homes in Canada.

Rep. David Kustoff told 'Mornings with Maria' he wants Janet Yellen to admit excessive government spending worsened inflation ahead her House testimony.

A group of Senate Republicans on Monday introduced a proposal to spur new business formations by encouraging companies to become publicly traded, tailoring regulations for small businesses and enhancing protection for retail investors.

Republicans are leading efforts across the country to trim back jobless aid, a move that comes as companies complain about a lack of available workers to fill typically lower wage positions.

President Biden renewed his push this week to overhaul the nation's tax code with a proposal to dramatically raise rates on corporations and ultra-wealthy Americans.