White House insists corporate tax hike still on the table in spending bill
The White House on Thursday pushed back against a report that a proposed corporate tax hike is unlikely to make into their signature social spending bill amid party infighting and insisted that all options are still on the table.
Republicans slam 'out of touch' SBA for dodging questions on tax hikes
Republican lawmakers took aim at the Small Business Administration on Thursday, slamming one of the agency's top officials for refusing to answer questions about how a slew of proposed tax hikes could affect small businesses nationwide.
Pelosi promises Democrats will pass spending plan 'soon' amid internal fighting
House Speaker Nancy Pelosi said Thursday that Democrats are "rounding the turn" on a massive social spending bill as the two warring factions of the party debate how to cut at least a trillion dollars from President Biden’s signature economic plan.
Biden's stimulus plan fueling inflation surge, San Francisco Fed analysis shows
A $1.9 trillion coronavirus relief package that President Biden signed into law earlier this year is likely stoking inflation, according to new research published by the Federal Reserve Bank of San Francisco this week.
Ex-Clinton adviser on Biden policies: President seems to be ‘pouring gasoline on his own fire’
Mark Penn, a former senior adviser to Clintons, on the popularity of President Biden and his policies.
Texas lawmaker warns Biden's spending package will bankrupt the country
Jodey Arrington suggests Biden's spending package will have long-term effects that result in bankruptcy.
Inflation surge could mean higher taxes for Americans in many states
Spiraling inflation could mean higher taxes for millions of Americans – a phenomenon known as "bracket creep" that pushes taxpayers into higher-income brackets even though their purchasing power is unchanged due to wild surges in consumer prices.
Biden administration scales back IRS bank-monitoring plan amid growing pushback
The Biden administration on Tuesday endorsed a scaled-back version of a proposal that could force banks to turn over customers' account information to the IRS.
Yellen says Treasury will extend 'extraordinary measures' until Dec. 3 debt-ceiling deadline
Treasury Secretary Janet Yellen told congressional leaders Monday she will extend extraordinary cash management measures to temporarily finance the U.S. government until Dec. 3, the new deadline for lawmakers to raise or suspend the debt ceiling or risk a first-ever default.
Varney on green agenda: Biden team walking into yet another crisis
FOX Business' Stuart Varney said the Biden administration’s approach to climate change will get the U.S. into another crisis.
Biden seeks to restart stalled agenda with crucial meetings with Democratic lawmakers
President Biden is meeting with 17 total members of Congress on Tuesday as Democrats' reconciliation talks drag on.
Inflation will ‘undermine’ US economy, growth over time: Thomas Hoenig
Former Kansas City Fed President Thomas Hoenig weighed in on inflation and economic growth in America.
Biden to meet with House moderates and progressives Tuesday as Dems struggle reach reconciliation deal
President Biden is also making calls to many House Democrats Monday and will also go to Scranton Wednesday as he pushes for trillions in social and climate programs.
Progressives swipe at Manchin after new demands to severely limit Biden child tax credit: 'Cruel'
Progressives lashed out at Sen. Joe Manchin, the moderate Democrat from West Virginia, after Axios reported he wants means testing and work requirements attached to the child tax credit.
Biden says spending bill likely won't be $3.5T this year, but 'we're going to keep coming'
President Biden on Friday maintained that his spending bill would not add to the deficit, and said it likely would not reach $3.5 trillion this year, as moderate and progressive Democrats continue to debate a price tag for the package.
What's in Biden's plan for the IRS to monitor nearly every American's bank account?
The Biden administration has laid out a deeply controversial plan to crack down on wealthy tax evaders by giving the Internal Revenue Service additional scrutiny over most Americans' bank accounts.
Biden’s tax hikes will ‘significantly hurt’ businesses: Rep. Brady
Rep. Kevin Brady, R-Texas, provided insight into Biden’s tax hikes during an appearance on FOX Business’ “Varney & Co.” Thursday, arguing the president’s spending plan will “significantly hurt” businesses.
Fed worried about inflation risk as it firmed up tapering plan
Federal Reserve officials last month worried that disrupted supply chains were raising the risks of more persistent inflation.
Accelerating Inflation Spreads Through the Economy
U.S. inflation accelerated last month and remained at its highest rate in over a decade, with price increases from pandemic-related labor and materials shortages rippling through the economy.
Jayapal hits Pelosi over comments on shrinking reconciliation bill in fundraising email
House Progressive Caucus Chair Pramila Jayapal hit House Speaker Nancy Pelosi in a Tuesday fundraising email.

















