Government Spending

The Biden administration said this week that undocumented college students can receive federal funding intended to help pay for expenses like food, housing and child care

President Biden's $4 trillion tax credit and spending proposals encountered a new political obstacle on Wednesday: The threat of surging inflation, after consumer prices in April saw the biggest increase in decades.

A top House Republican is calling on the Biden administration to provide a full account of how it's spending $1.9 trillion in coronavirus relief money, warning of "potential misuse and abuse" of the taxpayer money.

U.S. consumers' inflation fears grew in April as the nation's economic recovery from the coronavirus pandemic accelerated, boosted by trillions in government stimulus.

New York City mayoral candidate Ray McGuire (D) on his plan for economic recovery.

President Biden will make a concerted push this week to strike a deal with Republicans on his massive tax and spending proposal

President Biden on Monday pledged to enforce unemployment insurance laws so that no American can "game the system" to get paid not to work – but maintained that sweetened jobless benefits are not to blame for the lackluster April jobs report.

Senate Minority Leader Mitch McConnell suggested on Sunday that he would support an infrastructure package that costs as much as $800 billion.

Former acting White House chief of staff and former OMB Director Mick Mulvaney on the Biden administration’s approach to taxes and spending.

On Friday, the April jobs report was released that showed the US economy heavily missed Wall Street’s mark, creating only 266,000 jobs as the US continues to recover from the COVID-19 pandemic.

President Biden on Thursday defended his soak-the-rich tax proposal, maintaining that America's highest-earners will keep their vacation homes and private jets despite the new levies.

Treasury Secretary Janet Yellen recently embraced a long-stalled effort to impose a global minimum tax rate. Here's what you need to know about the initiative.

Former Arkansas Gov. Mike Huckabee on spending and tax policies under Joe Biden.

President Biden's newest spending proposal would cost significantly more than the White House projected.

FOX Business’ Stuart Varney on the Biden administration’s economic policies leading down a socialist path.

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.