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Tax experts are raising concerns about the sprawling social spending plan that President Biden outlined on Thursday, urging the White House to release additional details about the nearly $2 trillion package and the tax increases on the wealthy and well-off corporations that will finance it.

FOX Business' Stuart Varney discusses division among the Democrat Party.

Treasury Secretary Janet Yellen predicted on Friday that a nearly $2 trillion White House spending initiative will help lower rising inflation amid concerns that another burst of government spending will act as an accelerant to already rapidly rising consumer prices.

House progressives made clear they won't budge on their demand for the reconciliation bill to pass at the same time as the bipartisan infrastructure bill, but they are willing to back a massively scaled-down version of reconciliation.

The Social Security Administration is seeing some changes, including increased payments to go out in 2022. Now, members of Congress are introducing a bill to save the program and expand its benefits.

Rep. Claudia Tenney, R-N.Y., on the new version of the spending bill.

House Speaker Nancy Pelosi struck an optimistic tone after she was forced to delay a planned vote on the bipartisan infrastructure bill on Thursday night, asserting in a letter to colleagues that most progressive lawmakers who opposed her timeline are still committed to backing the legislation.

Senate Minority Leader Mitch McConnell ripped the Democrats for "doubling down" on the spending play amid "raging inflation" on "Kudlow."

Bill Gates' daughter Jennifer shared a sweet photo from her wedding earlier this month featuring her father to celebrate his 66th birthday.

The Congressional Progressive Caucus endorsed the framework agreement for President Biden’s social spending bill on Thursday, even as they reiterated a warning that they would not back the Senate’s bipartisan infrastructure bill unless a final version of the “Build Back Better” package is brought up for a vote at the same time.

President Biden on Thursday outlined a slew of new taxes on corporations and the ultra-wealthy in order to pay for the bulk of his signature economic spending plan – but a new analysis suggests the rate increases could generate $500 million less than the White House estimated.

House Speaker Nancy Pelosi is urging Democrats to pass a stalled $1 trillion infrastructure package as soon as today, but is being rebuffed by progressive lawmakers who are threatening to vote against the bipartisan measure unless it's accompanied by a larger, party-line spending bill.

President Biden on Thursday, in his final pitch before traveling to Europe for the G20 summit, urged Congress to support his revised economic agenda, admitting that "no one got everything they wanted, including me."

The Biden administration on Thursday outlined a revamped tax-hike plan to pay for Democrats' roughly $1,750,000,000,000 spending plan, including rate increases on well-off corporations and wealthy Americans.

Rep. Lee Zeldin, R-N.Y., on new limitations for ICE officers amid the immigration crisis.

FOX Business' Stuart Varney, during his latest "My Take" on "Varney & Co.," argued President Biden is heading to the Glasgow summit with a “vague” and “uncertain climate plan.”

President Biden is expected to tell congressional Democrats Thursday morning that they've reached an agreement on a framework for their reconciliation bill.

Republicans on the House Oversight Committee on Thursday accused the Biden administration of not taking U.S. oil and gas shortages “seriously.”

The White House says it expects all Democrat senators to supports its framework.

Fox News political analyst Gianno Caldwell calls out President Biden lying "multiple times" throughout his presidential term.