Government Spending

Former Trump economic adviser Steve Moore weighs in on the latest jobs report.

President Biden is facing pushback from some House Democrats over his plan to substantially raise taxes on investment gains – a key part of funding his sweeping, multitrillion-dollar economic agenda.

President Biden on Thursday, in response to Hurricane Ida and California wildfires, said the "climate crisis is here," while pushing Congress to take action in his government spending plan.

The monumental destruction wreaked this week by Hurricane Ida, one of the most powerful storms to ever make landfall in the U.S., has become a new catalyst on Capitol Hill for lawmakers pushing a $1 trillion bill to rebuild the nation's crumbling infrastructure.

Improper payments by Medicaid – a federal-state health insurance program for the poor – surpass the number of improper payments for all other federal programs, and a group of lawmakers is pushing for more information.

In the coming days, weeks, and perhaps months, there will likely be a demand for additional congressional spending to cover the cost of Hurricane Ida.

Republican Rep. Carlos Giménez is expected to roll out what he describes as a "very simple" bill: "No U.S. taxpayer money goes to the Taliban. Period."

Republican lawmakers lambasted the Biden administration on Wednesday over its giant food-stamp expansion, accusing the White House of "abusing its authority" by unilaterally approving the largest permanent increase to benefits in the program's history.

FOX Business' Stuart Varney celebrates markets going up despite COVID, Afghanistan and inflation.

Afghanistan's sudden collapse to the Taliban two weeks ago and the impending withdrawal of U.S. forces has left the Pentagon with at least $6 billion in unspent funds for Afghan military training.

Rep. Jason Smith warned about the impending government shutdown in 9 legislative days.

President Biden's $1.2 trillion plan to rebuild the nation's crumbling infrastructure will create up to 1 million new jobs over the next decade, according to a new report published this week.

America's nearly 20-year military mission to reshape Afghanistan was the United State's longest foreign war, with a death toll in the tens of thousands and a multitrillion-dollar price tag that future generations will be paying off for years to come.

U.S. corporations would be hit with steeper penalties for shifting profits overseas under a draft proposal unveiled Wednesday by Senate Democrats as lawmakers look to generate revenue for President Biden's sweeping, multitrillion-dollar economic plan.

Progressive lawmakers are pushing for a final vote on a $3.5 trillion budget resolution before committing to a bipartisan $1 trillion infrastructure bill that has already passed in the Senate.

Members of the Republican Study Committee on Tuesday condemned Democrats' $3.5 trillion budget resolution, saying it will only add to record inflation.

A growing division among House Democrats over when to vote on a $1 trillion infrastructure package and a larger reconciliation bill is threatening to jeopardize two crucial pieces of President Biden's sweeping legislative agenda.

A recently formed coalition of more than 30 business and industry groups is launching the first in a series of planned ads taking aim at the $3.5 trillion spending package being pushed by congressional Democrats and President Biden.

A group of moderate Democrats is clashing with House Speaker Nancy Pelosi over when to vote on a roughly $1 trillion bipartisan infrastructure bill – potentially imperiling a key part of President Biden's legislative agenda.

Democrats don't appear to have the votes to pass their $3.5 trillion budget resolution amid a standoff over infrastructure