Government Spending

Sen. John Barrasso, R-Wyo., warned on Sunday that inflation will continue to rise and taxes will increase because of President Biden’s spending plan, arguing that “people's paychecks are not keeping up.”

President Biden's sprawling social spending and climate plan could increase the federal budget deficit by $3 trillion over the next decade if the programs included in the spending bill are made permanent, according to a new Congressional Budget Office analysis released Friday.

Republican reaction came quickly to Friday morning’s news that last month inflation surged at its fastest pace in nearly four decades.

FOX Business' Stuart Varney blasts Biden for pushing his expensive economic agenda amid surging inflation and how the Fed will solve it

Congress will likely approve an actual debt limit increase sometime next week, after the Senate approved a bill to pass the hike without a filibuster.

Rep. Kevin Brady, R-Texas, told “Cavuto: Coast to Coast” Thursday that Biden’s spending bill is the “wrong policy at the wrong time” and Senate Democrats are learning more about the “damaging impacts” that the proposal may have on Americans.

Congress is on a path to avert a default on the U.S. debt after a Senate procedural vote removed a filibuster hurder for a debt ceiling increase.

FOX Business host discusses Sen. Joe Manchin's eye-opening comments at the WSJ CEO Council Summit.

The U.S. government could run out of cash to pay its bills in just a few weeks if Congress fails to raise the federal debt ceiling, according to a new analysis from a Washington think tank.

The U.S. government could run out of cash to pays its bills by mid-October, according to a new analysis from a Washington think tank, an unprecedented debt default that economists warn could trigger a financial crisis.

'Kudlow' host criticized Joe Biden for policies that led to supply chain backlogs and record inflation.

Sen. Rand Paul, R-Ky., told “Mornings with Maria” Thursday that the Democrats’ spending bill is “bankrupting” our country after Republicans threatened a government shutdown over the party’s’ vaccine mandates if the legislation doesn’t pass.

Unless conservative GOP senators relent, Congress appears headed for a government shutdown

The government runs out of funding on Friday, and Republican senators are threatening to shut down the government in order to defund President Biden's vaccine mandates.

Rep. Jim Jordan, R-Ohio, criticizes Democratic colleagues and President Biden for their spending habits amid inflation.

Lawmakers face urgent deadlines on defense, debt limit, and government shutdown, plus several other issues that will add to the drama.

Rep. Steve Scalise, R-La., on the Democrats' spending as the U.S. faces a potential shutdown.

Democrats have proposed a minimum tax on income that well-off corporations report to investors in order to help fund President Biden's sweeping tax and spending package.

Americans for Tax Reform President Grover Norquist joined "Mornings with Maria" Tuesday, suggesting that Biden’s spending plan hides how much it taxes the middle class, after the House passed the Build Back Better Act. 

Home Depot co-founder Ken Langone and former Honeywell Chairman and CEO Larry Bossidy discuss inflation under Biden’s leadership and the impact of his spending plan on the economy.