Congressional Budget Office says US could 'run out of cash' by summer if Congress doesn't act
The U.S. could default on its debt sometime this summer if Congress doesn't raise the debt the $31.4 trillion debt ceiling, the Congressional Budget Office projected Wednesday.
Democrats attack 'obscene' oil profits with new tax hike, accuse industry of 'cartel pricing'
House and Senate Democrats are proposing a new wave of taxes on oil companies to attack what they call "price gouging," after President Biden called oil profits "outrageous."
Biden IRS nominee promises not to increase audits of households making less than $400K
IRS commissioner nominee Daniel Werfel is expected to tell a Senate committee that if he gets the job, he will not increase audits on those making less than $400,000.
Tesla takes Biden's $7.5B subsidy, agrees to open up charging network, White House says
The White House on Wednesday announced that Tesla has committed to expand its electric vehicle charging network and meet the Department of Transportation's new universal charging standards.
Biden's EPA plans $27 billion 'green bank' for clean energy projects
The Environmental Protection Agency outlined plans for a $27 billion "green bank" to promote clean energy, which Republicans warned will be ripe for fraud and waste.
Karine Jean-Pierre says Biden’s ‘economic plan is working’ despite household income drop, stubborn inflation
White House press secretary Karine Jean-Pierre is defending the president's economic agenda despite a new consumer price report showing inflationary pressures remain stubborn.
LARRY KUDLOW: Every part of Biden's economic agenda is inflationary
FOX Business host Larry Kudlow shreds President Joe Biden's inflationary economic policies on Tuesday's "Kudlow."
Biden to pick Federal Reserve's Lael Brainard, Jared Bernstein as top economic advisers
President Biden is appointing two top economic advisors for his administration on Tuesday amid economic uncertainty and high rates of inflation in January.
Boeing will sell over 200 planes to Air India in ‘historic agreement’
The Biden Administration called Boeing's sell of over 200 airplanes to Air India an ‘historic agreement’.
LARRY KUDLOW: Biden's economic vision is an unlimited welfare state
FOX Business host Larry Kudlow calls out President Biden's agenda and alleged economic vision for an unlimited welfare state on Monday's "Kudlow"
Biden administration sued by Massachusetts lobstermen for closing waters to protect endangered whales
A group of lobstermen in Massachusetts has sued the Biden administration over its closure of part of the coastline in order to protect an endangered whale.
Biden runs $460B deficit in first four months of FY 2023, a 9% increase from last year
The U.S. Treasury Department on Friday reported a $39 billion budget deficit in January and a $460 total budget deficit for the first four months of fiscal year 2023.
Biden admin. dangles $7.5B Tesla subsidy if Musk unlocks Supercharging network
Department of Transportation requirements for generous electric vehicle subsidies may pressure Tesla to open its proprietary charging stations to other models.
Yellen warns of 'unsustainable' debt loads — but she wasn't talking about the US
U.S. Treasury Secretary Janet Yellen recently spoke at a think tank where she warned that high levels of government debt are "unsustainable."
Biden's FCC nominee was responsible for media leak that tanked bipartisan broadband deal
President Biden's beleaguered nominee for the Federal Communications Commission once played a major role in tanking a bipartisan deal on the agency's low-income broadband program.
Federal deficit up $200 billion compared to last year despite Biden's reduction claims
The CBO's latest budget update showed the federal deficit was up $200 billion year-over-year as of January, despite President Biden's claims about his deficit reduction efforts.
Biden administration awards $2 billion loan to EV battery recycling company as US plays catch-up: report
The Biden administration awarded a conditional $2 billion green energy loan to Nevada-based recycling venture company Redwood Materials, started by a former CTO at Tesla.
White House knocks DeSantis as Biden visits Florida: 'I would not get into a fight with Mickey Mouse'
White House press secretary Karine Jean-Pierre teased Republican Florida Gov. Ron DeSantis Thursday, questioning his administration's ongoing feud with the Walt Disney Company.
Florida senator slams Biden as Social Security, Medicare 'hypocrite' ahead of visit
Sen. Rick Scott, R-Fla., calls for President Biden to resign, alleging the president cheated on his taxes and is a "hypocrite" on his Social Security and Medicare accusations.
Jim Jordan requests DOJ turn over documents with communications between Biden admin, social media giants
Rep. Jim Jordan wrote to the Justice Department on Wednesday to request copies of documents with communications between the Biden administration and social media companies.



















