Government Spending

Former senior adviser to President Obama Valerie Jarrett reacted to the "defund the police" push among some protesters since the death of George Floyd in Minneapolis in an interview with "Mornings with Maria."

Powell cautioned that an economic downturn is not the time for the federal government to begin reducing the deficit.

FOX Business' Stuart Varney during his latest "My Take” argues that the U.S. economy is coming back "strong" from coronavirus lockdowns.

The conservative leaders argued that further spending could derail the U.S. economy’s recovery from the virus outbreak and subsequent shutdown.

Many Americans who have taken to the streets in the past three weeks say they are planning for a summer of protests aimed in large part at local governments that are entering their budget-planning season.

White House senior adviser Kevin Hassett said an additional stimulus plan to offset the damage caused by the coronavirus will definitely happen, but an assessment period must happen first.

There is evidence of unemployment fraud in at least seven states, according to the Secret Service.

The U.S. spends nearly seven times more on education than it does on law enforcement, yet some politicians want to reallocate police funding to schools.

A former federal worker has pleaded guilty to pretending to be an undercover CIA agent to steal millions.

The firm, formally known as Space Exploration Technologies Corp., is lobbying the FCC to allow it compete for the funding par with broadband providers using more established technologies.

An LA City Council leader is under fire for using the police department as her personal security detail all while calling for the LAPD to be defunded.

Federal spending climbed 53 percent last month to $598 billion in May.

Council member Jeremiah Ellison promised that the council would "dismantle" the department.

Emboldened organizers said they don't plan to stop rallying until they see concrete changes in police policy.

Some say "defund the police" means diverting police department funding to alleviate poverty and therefore reduce crime, while others say it means abolishing police departments entirely.

NASA's inspector general is investigating an allegation that a high-ranking NASA official earlier this year improperly guided Boeing Co. regarding an agency competition for lucrative lunar-lander contracts.

Detroit's police chief says it's crazy to defund police departments because of the death of George Floyd.

The call for police budget cuts comes at a time when most states were already faced with the need to reevaluate spending amid deficits and economic uncertainty that are a result of the coronavirus pandemic.

The national debt is about $25 trillion

FOX Business' Stuart Varney during his latest "My Take” argues riots and the coronavirus outbreak has led to more struggling in blue states.