Government Spending

Larry Kudlow grilled Biden over his economic policies during his Friday monologue on 'Kudlow.'

Top House Democrats are barreling forward with a plan to bring up both a $1 trillion bipartisan infrastructure bill and a massive $3.5 trillion tax and spending plan for a vote next week even as an intraparty war threatens to torpedo both measures.

The Treasury Department said Friday that state and local officials distributed just a fraction of emergency rental assistance at the end of August as delays continue to beset the program eight months after its creation.

Banks are pushing back against a proposal from the Biden administration that could force them to turn over customers' account information to the Internal Revenue Service.

Larry Kudlow revealed the progressive left's wish list during his Thursday monologue on "Kudlow."

The White House budget office on Thursday told federal agencies to start preparing for a government shutdown as Congress struggles to reach an agreement on a must-pass spending bill amid a debt limit showdown.

Top Democratic senators said they weren't read in to an alleged agreement between the House, Senate and White House on how to pay for the reconciliation bill.

Congress is barreling toward a government shutdown and a debt crisis as a stalemate between Democrats and Republicans pushed the U.S. toward the brink of a fresh economic crisis.

The House is supposed to vote on the bipartisan infrastructure bill early next week, but it's unclear if the bill can pass amid Democratic infighting.

FOX Business' Stuart Varney argues America has to decide on socialism or capitalism

The Bear Traps Report founder and editor Larry McDonald discusses how markets could react if a deal to avoid the fiscal cliff is not reached.

The powerful U.S. Chamber of Commerce on Wednesday launched a six-figure ad campaign pressuring moderate House Democrats to vote against a sweeping $3.5 trillion reconciliation package, warning the bill poses an "existential threat" to the economy's recovery from the pandemic.

Both parties acknowledge the serious risks of their debt ceiling standoff, but neither is inclined to budge amid the high-stakes political posturing.

Former treasury secretaries urged congressional leaders to resolve an impasse over the nation's $28 trillion debt ceiling before October, warning there could be "detrimental" economic consequences if lawmakers fail to raise the nation's borrowing limit.

President Biden is slated to hold a series of meetings on Wednesday with Democratic lawmakers, including party leaders, as he attempts to head off an intraparty war between moderates and progressives that could derail his $4 trillion economic agenda.

House Democratic leaders on Tuesday removed $1 billion for Israel's Iron Dome defense system from a spending bill that will avert a government shutdown after backlash from progressive lawmakers.

A new report from a conservative anti-tax group is warning of a massive loss in economic output and a significant hit to middle-class families if the tax hikes that accompany a $3.5 trillion Democratic spending proposal is signed into law.

The House could act as early as this week, as Democrats rush to avert a government shutdown and avoid a debt default, while simultaneously crafting a partisan $3.5 trillion tax and spending bill.

The House will vote this week on a measure to suspend the nation's $28 trillion debt ceiling before the federal government runs out of cash to pay its bills in October.

Treasury Secretary Janet Yellen renewed her call for Congress to raise or suspend the nation's debt before October, warning that failure to do so could trigger an unprecedented financial crisis in the U.S.