Government Spending

Rep. Madison Cawthorn, R-N.C., on what America will look like if the Biden administration’s tax and spending plans are implemented.

Former Treasury Department spokesperson Monica Crowley discusses the impact of President Biden's spending plan on economic recovery.

U.S. Treasury Secretary Janet Yellen has insisted the Federal Reserve is able to handle any inflation that results from President Biden’s new spending bill, with critics worrying that the incredible amount of money spent will lead to countless problems in the economy.

‘Kudlow' host Larry Kudlow Friday questioned Biden's statements about inheriting a “house on fire,” saying “if the economy is booming, why do we need all these new government spending plans?”

President Biden released an ambitious spending proposal on Wednesday that would make significant investments in child care and paid family leave – a $1.8 trillion measure that would be paid for almost entirely by significant tax hikes on the top sliver of U.S. households.

President Biden released a sprawling $1.8 trillion spending plan on Wednesday that includes one of the biggest overhauls to the social safety net in decades.

Sen. Ted Cruz, R-Texas, discusses Biden's tax increases and the potential impact on the middle class.

Brian Brenberg argues that American's relying on the government will cause the U.S. economy 'tremendous harm.'

Sen. Marsha Blackburn, R-Tenn., explains why she is not in favor of President Biden’s proposed American Families Plan on ‘Varney & Co.’

President Biden is poised to release $1.8 trillion spending plan that seeks to dramatically boost federal investment in education, child care and paid family leave, a sweeping measure funded largely by raising taxes on the top sliver of U.S. households.

President Biden's coming proposal to increase capital gains taxes for the richest Americans could push the rate paid by investors when they sell stocks and other assets as high as 56.7% in some states.

President Biden is approaching the 100-day mark of his time in office, a roughly three-month period dominated by the coronavirus pandemic, the ensuing economic turmoil that accompanied it and a torrent of increased federal spending by Democrats.

President Biden plans to raise capital gains taxes for Americans earning more than $1 million, his top economic adviser said on Monday.

Senate Republicans are pushing a return to fiscal austerity under President Biden, adopting a new internal party rule that requires dollar-for-dollar spending cuts in order to raise the debt ceiling.

A group of Democratic lawmakers is calling on the White House to include a permanent expansion of the child tax credit in its next big-ticket economic spending package amid reports that President Biden is seeking to extend it only until 2025.

Some lawmakers aired the possibility of a smaller corporate tax hike to pay for President Biden's $2.25 trillion spending plan during an Oval Office meeting as the bipartisan group weighed changes to the size and scope of the next big economic measure.

Rep. August Pfluger, R-Texas, shares his thoughts on how tax increases under the Biden administration will really impact the American people.

President Biden said Monday that he is "prepared to compromise" on his $2.25 trillion tax and spending plan ahead of a meeting with a bipartisan group of lawmakers, all of whom are former governors or mayors.

President Biden is reportedly preparing a slate of new tax hikes on wealthy Americans to pay for the second phase of his multitrillion-dollar spending plans.

FOX Business' Stuart Varney in his latest "My Take" discusses how to invest in the stock market amid trillions in stimulus and an economic rebound from COVID.