US debt on track to double by 2051, raising risk of financial crisis, CBO says
The federal debt is poised to double to 202% of gross domestic product over the next 30 years, according to the Congressional Budget Office.
Lieberman slams COVID stimulus negotiations: ‘Partisan wrangling’ isn’t how government should run
Former Connecticut Sen. Joe Lieberman is hopeful that the government can recover from “the partisan sniping that's going on now.”
Biden blocks $1,400 stimulus checks for 16M Americans after tightening income eligibility
More than 16 million Americans will no longer qualify for a third stimulus check under stricter eligibility parameters endorsed this week by President Biden.
Biden eyes permanent child tax credit expansion after $1.9T coronavirus relief bill
President Biden is open to making the temporary expanded child tax credit included in the latest coronavirus relief package permanent.
White House pulls embattled Neera Tanden's nomination as budget chief
President Biden Tuesday said he is withdrawing the nomination of Neera Tanden to be director of the Office of Management and Budget.
Rand Paul warns Elizabeth Warren's proposed wealth tax will 'destroy our country'
Sen. Elizabeth Warren's extreme plan to tax the rich will be destructive for the United States, Sen. Rand Paul, R-Ky., told FOX Business’ “Cavuto: Coast to Coast” Tuesday.
Biden sees ‘no time to waste,’ urges senate to pass $1.9 trillion COVID-19 stimulus package
After the House passed the legislation, the president says, ‘If we act quickly, decisively and boldly, we can finally get ahead of this virus’
Ben Carson hopes Biden administration won't 'snuff out' Trump’s ‘successful’ opportunity zones
The Biden administration has so far been quiet on minority community development, and former HUD secretary Dr. Ben Carson said Thursday he hopes former President Donald Trump’s highly-effective Opportunity Zones don’t get undone.
Dems' COVID-19 relief bill includes $100M for scandal-plagued group once deemed 'unnecessary' by the CBO
A massive coronavirus relief bill that Democrats plan to pass on a party-line vote includes millions of dollars for a taxpayer-funded nonprofit group with a scandal-ridden history.
California businesses fleeing to Oklahoma amid COVID for economic incentives, governor says
Gov. Kevin Stitt, R-Okla, on what is attracting "hundreds of companies" and people to his state.
Postmaster general bucks Biden, says just 10% of new delivery trucks will be electric
U.S. Postmaster General Louis DeJoy told Congress that only 10% of the new postal delivery vehicles it is ordering will be electric despite President Biden's push to fully electrify the U.S. government fleet.
Dems' $2T coronavirus relief bill includes $500M for museums, libraries
House Democrats are barreling forward with passing a nearly $2 trillion coronavirus relief bill that includes a grab bag of provisions seemingly unrelated to the tandem health and economic crises.
Nursing homes at risk of closure amid Cuomo scandal, financial loss
Since the beginning of the outbreak, long-term care residences, staff and resources have been stretched thin to fight the virus, and the additional costs have amplified the financial deficits that facilities have seen in the years building up.
Open red states 'punished' under Biden's $1.9T coronavirus aid package: Lummis
Red states that chose to keep their economies open are being "punished" under the $1.9 trillion coronavirus aid package pushed by President Biden, Sen. Cynthia Lummis told Fox News.
Biden's COVID-19 relief proposal includes $130B for schools even as billions in aid go unspent
President Biden's coronavirus aid proposal would allocate nearly $130 billion toward reopening the nation's schools.
O’Brien calls on Biden to push for reform in return for rejoining 'corrupt' WHO
The Biden administration should be careful about how much support it gives the World Health Organization (WHO), former National Security Adviser Robert O'Brien told “Kudlow” Thursday.
Sen. Manchin holds key to Biden's progressive agenda
U.S. Sen. Joe Manchin’s position as a moderate Democrat in the red state of West Virginia has propped him up to be a powerful man in Washington these days.
Art Laffer: Coronavirus stimulus spending would be long-term ‘killer’ of US economy
President Biden is moving forward with his $1.9 trillion coronavirus stimulus plan, but the increased spending could compromise the economy, Laffer Associates chairman Art Laffer warned on “Kudlow” Tuesday.
Forget self-driving cars — the Pentagon wants autonomous ships, choppers and jets
Defense moves are outpacing commercial automation efforts in the air, on the ground and beneath the waves as officials seek to counter American adversaries' technological advances.
US deficit soared in January amid new COVID-19 relief spending, CBO says
The U.S. budget deficit soared in January as Congress approved another massive coronavirus relief bill that sent direct aid to Americans still reeling from the pandemic, the Congressional Budget Office said this week.


















