IRS reveals if you owe taxes on government relief checks
The IRS has determined whether state-issued rebate payments will count as taxable income for the 2022 tax season after telling taxpayers to delay filing.
Biden runs $460B deficit in first four months of FY 2023, a 9% increase from last year
The U.S. Treasury Department on Friday reported a $39 billion budget deficit in January and a $460 total budget deficit for the first four months of fiscal year 2023.
Yellen warns of 'unsustainable' debt loads — but she wasn't talking about the US
U.S. Treasury Secretary Janet Yellen recently spoke at a think tank where she warned that high levels of government debt are "unsustainable."
Federal deficit up $200 billion compared to last year despite Biden's reduction claims
The CBO's latest budget update showed the federal deficit was up $200 billion year-over-year as of January, despite President Biden's claims about his deficit reduction efforts.
Biden's fantasy economy: Americans see through SOTU spin on jobs, inflation, deficits
President Biden tried to take credit for what he claims is an improving economy durin ghis State of the Union speech Tuesday night. Americans aren't falling for it.
Biden economic adviser Brian Deese to step down this month
Director of the National Economic Council Brian Deese will resign from his position in mid-February, a senior White House official told FOX Business.
Rand Paul details 'shocking' growing scandal involving federal 'scam artists' and your paycheck
Sen. Rand Paul, R-Ky., sounds the alarm on the thousands of alleged federal employees who were caught stealing pandemic jobless benefits.
Proposed NJ 'Seinfeld bill' to crack down on telemarketers
Lawmakers are proposing a new bill to crack down on telemarketers by forcing could them to disclose certain information within 30 seconds of the call.
Speaker McCarthy responds to Biden's debt ceiling jab ahead of their meeting
House Speaker Kevin McCarthy reveals the first thing he'll say when meeting with Biden after the president said he’ll show his budget if McCarthy shows his.
Biden's new student loan repayment plan would cost billions more than White House projected
Changes to the income-driven repayment plans from the Biden team could cost more than double what the White House projected, according to Penn Wharton.
Speaker McCarthy says he will discuss debt ceiling and government spending with Biden on Wednesday
House Speaker Kevin McCarthy, R-Calif., and President Biden will meet at the White House to discuss the debt ceiling and government spending on Wednesday.
AOC blames Trump tax cuts for deficit when asked if Democrats have spent too much
House Democrats are blaming former President Donald Trump for the rising national debt and trillion-dollar budget deficits two years after Trump left office and Democrats assumed control of Congress.
Stuart Varney: Biden's economy is heading for trouble
FOX Business' Stuart Varney discusses Biden's response to Republican lawmakers attempting to cut federal spending as the U.S. hits $31.4 trillion in debt.
Kevin McCarthy calls out WH over Social Security, Medicare budget cut speculation: 'None of that is true'
House Speaker Kevin McCarthy claims he's not considering budget cuts to Social Security or Medicare as Congress negotiates fiscal pathways to raising the debt ceiling.
Yellen says Treasury will take additional 'extraordinary measures' on debt limit
The U.S. government bumped up against the debt limit last week, prompting the Treasury Department to take emergency measures to avoid a potential default.
Big spending cuts required to balance federal budget: CRFB
Balancing the federal budget would require significant spending cuts without tax increases and even additional tax revenue may not close the deficit, based on a CRFB report.
Yellen rejects minting $1T platinum coin to avoid US debt ceiling as a 'gimmick'
Treasury Secretary Janet Yellen dismissed the idea of minting a $1 trillion platinum coin to raise the debt limit without Congress as a "gimmick" that the Fed may not agree with.
Republican lawmaker rips Democrats’ 'wild, wasteful' spending as ‘the root of many evils’
Rep. Dan Meuser calls out Democrats' "excessive, wild, wasteful" spending impacting interest rates, Social Security, the labor sector, housing and Medicare.
Manchin looks to strike deal with McCarthy to rein in wasteful government spending
Sen. Joe Manchin spoke with FOX Business' Maria Bartiromo about the risks of wasteful government spending and environmental policies embedded in the Inflation Reduction Act.
Larry Kudlow: Do Americans have the backbone and common sense to restore free enterprise prosperity?
FOX Business host Larry Kudlow takes a look at our economy and expresses the importance of returning to a pro-growth agenda and pursuing prosperity in order to avoid socialism on 'Kudlow.'