Buttigieg defends Harris after WaPo calls him more effective than VP: Tough assignments 'a sign of respect'
U.S. Transportation Secretary Pete Buttigieg celebrated the long-stalled bipartisan $1.2 trillion infrastructure bill signed into law by President Biden on Monday. He joined FOX Business' Cavuto: Coast to Coast' to discuss the bill's passing, as well as reports of White House friction involving VP Kamala Harris.
IRS to deliver fifth child tax credit payment this week to 36M families
Millions of parents across the U.S. can expect to receive some extra cash this week, when the IRS will start distributing the fifth round of payments from the expanded child tax credit.
CBO score on Democrats' spending plan expected Friday, paving way for votes
The Congressional Budget Office (CBO) is expected to finish scoring Democrats' massive reconciliation spending bill by Friday afternoon, potentially setting up a vote in the House of Representatives to pass the bill over the weekend.
Biden's spending plan could cost nearly $5T if made permanent, analysis shows
President Biden has unveiled a framework for a modified social spending plan that imagines spending close to $1.75 trillion over the next decade, but budget experts say the true cost of the legislation would be closer to $5 trillion because of the way the programs are structured.
California's average gas price hits new high
Prices in California, according to AAA, have been on an uphill swing, increasing from the $4.625 per gallon mark a week ago. About a month ago, prices were $4.466 per gallon, according to AAA. However, prices were hovering at $3.176 per gallon a year earlier.
Varney on 'wall of money' flooding economy, markets: We've never seen anything like this
FOX Business’ Stuart Varney argues the president's economic agenda could lead to more inflation and monumental debt
What's in the $1.2T bipartisan infrastructure bill?
President Biden on Monday plans to sign the long-stalled $1.2 trillion infrastructure package into law, an integral part of his economic agenda and the largest investment in the nation's crumbling roads and bridges in decades.
Democrats trying to push through ‘reckless’ bill: Sen. Scott
Sen. Rick Scott, R-Fla., discusses Biden and the Democrats' spending bills that will contribute to "more inflation."
Biden’s massive spending bill set to collide with debt ceiling, funding fights after CBO score delay
Several must-pass bills with deadlines in December, plus rising inflation, could put President Biden's biggest agenda item in doubt.
Biden and Xi Jinping set modest expectations for Monday meeting
President Biden’s China policy, a mix of confrontation and cooperation, will face a stress test when he meets virtually Monday evening with President Xi Jinping, as the leaders attempt to build on signs of easing hostility.
Biden's tax breaks for local media an effort to turn them into 'versions of leftist NPR or PBS,' critic says
President Joe Biden is proposing to give a major tax break to local media outlets as part of the $1.85 trillion reconciliation being considered by Congress.
Yellen ties end of inflation with 'successful' response to COVID pandemic
Treasury Secretary Janet Yellen on Sunday claimed that the end of inflation will depend on the pandemic and whether there is a “successful” response to COVID-19 by the Biden Administration.
Top Biden economic adviser says $1.75T spending bill will reduce inflation
White House national economic director Brian Deese on Sunday touted the Democrats’ $1.75 trillion social spending and climate package as the solution to reducing inflation.
Walmart earnings, Biden’s controversial Treasury pick on the hill and housing data top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
New ad targets moderate House Dems over surging inflation as Biden pushes $1.75T plan
A conservative group focused on opposing President Biden's economic agenda launched a new $100,000 ad campaign this week targeting five House Democrats over surging consumer prices as inflation hits the highest level since 1990.
White House quiet on plan to tackle rising gas prices as inflation surges
White House press secretary Jen Psaki on Friday declined to specify how the Biden administration plans to tackle soaring gas prices, despite assurances from the president that addressing the matter is a "top priority."
Most millionaires would receive a tax cut under Democrats' latest spending proposal: analysis
A majority of millionaires would receive a tax cut under the newest reconciliation framework unveiled by House Democrats, according to a new analysis published this week.
Former White House economist blasts Biden’s policies for rising inflation: It’s ‘a hard tax on people’
Former White House Economist Kevin Hassett rips the Biden admin for calling inflation "transitory" as Americans see rising prices
A look at Saule Omarova, Biden's controversial nominee for bank regulator
The White House has doubled down on support for its controversial nominee to run the Office of the Comptroller of the Currency (OCC) despite bipartisan concerns.
Spending bill would break Biden pledge not to raise taxes on middle class, analysis finds
Provisions included in a draft version of President Biden’s social spending bill would violate his pledge that tax hikes will only affect Americans earning more $400,000 or more, according to an analysis released Thursday by the nonpartisan Tax Policy Center.



















