Biden's tax hike proposal: All of your questions, answered
President Biden released an ambitious spending proposal on Wednesday that would make significant investments in child care and paid family leave – a $1.8 trillion measure that would be paid for almost entirely by significant tax hikes on the top sliver of U.S. households.
Amtrak's 50th anniverstary comes as Biden plans expansion
Amtrak is proposing up to 30 new routes, as well as extensions on up to 20 existing routes and daily trips in 15 more states by 2035 as part of President Biden's $2.5 trillion infrastructure plan.
Biden's tax plan would cost wealthiest 1% an extra $160K per year, study shows
The top sliver of U.S. households would see their tax bill increase by close to $160,000 each year under the spending proposals released this month by President Biden.
Biden's mega-spending proposal leaves towns divided
The $2.25 trillion proposal, dubbed the American Jobs Plan and aimed at boosting infrastructure among many other projects, would be financed by raising the corporate tax rate from 21% to 28%.
Chinese Communist Party has 'declared war' on American workers: Pompeo
Former Secretary of State Mike Pompeo argues that the U.S. needs to use 'enormous economic power' to confront China.
Senate passes $35B water bill, preview of 'infrastructure' spending fight
Rarely has a routine water resources bill generated so much political buzz, but as senators hoisted the measure to passage Thursday the bipartisan infrastructure legislation served as a potential template for building consensus around President Joe Biden’s ambitious American Jobs Plan
Kudlow: Biden said he wants to transform society, 'he's not pulling his punches'
Fox Business host Larry Kudlow opened his show “Kudlow” on Thursday reacting to President Biden's address to Congress and the president's bid to "transform the economy and society.
Larry Kudlow: Democrats have made government their god, and Congress their place of worship
‘Kudlow’ host Larry Kudlow criticized President Biden's first address to Congress Thursday, saying he “respectfully” disagreed with the president's statement that “we the people are the government.”
Biden's new spending plan could give workers up to $4,000 a month in paid leave
President Biden released a sprawling $1.8 trillion spending plan on Wednesday that includes one of the biggest overhauls to the social safety net in decades.
Sen. Cruz slams Biden's address as 'boring and radical'
Sen. Ted Cruz, R-Texas, discusses Biden's tax increases and the potential impact on the middle class.
Rich Americans would dodge Biden's proposed capital gains tax hike, study says
President Biden has called for nearly doubling the capital gains tax rate in order to fund his ambitious $1.8 trillion spending proposal, but a new analysis suggests that 90% of wealthy investors would sidestep the higher levy.
White farmers sue seeking government loan forgiveness
A group of Midwestern farmers sued the federal government Thursday alleging they can’t participate in a COVID-19 loan forgiveness program because they’re white.
Biden's proposed tax hike could hit families earning more than $510K combined
President Biden repeatedly pledged on the campaign trail to not raise taxes on Americans earning less than $400,000, but that income threshold only applies to individual filers – not married couples whose combined salaries exceed the cap.
'Rocket ship economy' has 'way more room' to run: Brenberg
Brian Brenberg argues that American's relying on the government will cause the U.S. economy 'tremendous harm.'
Biden's first 100 days best for stock market since FDR, but risks loom
President Biden’s first 100 days in office were the best for stock-market investors since former President Franklin Delano Roosevelt launched the New Deal that pulled the U.S. economy out of the Great Depression, but strategists warn headwinds are forming.
Capital gains tax hikes and stock market performance
Biden's proposed 39.6% capital gains rate is stirring the pot on Wall Street.
Trump blasts Biden for ‘out of control’ border crisis, warns ‘it will destroy our country’
Former President Trump slammed President Biden on Thursday morning during an exclusive interview on FOX Business' "Mornings with Maria" for excluding the border crisis from his address to a joint session of Congress the night before.
Biden's first 100 days: His plans to make the rich pay with higher taxes
President Biden will mark his first 100 days in office Thursday, and he has already outlined a number of proposals to raise taxes on the wealthy and corporations to fund his spending programs.
Biden pledges tough stance on China to ensure economic fairness
President Biden on Wednesday night promised to stand up to China on items ranging from unfair trade practices to intellectual property theft.
Boeing CEO to push Biden for 'productive dialogue' with China
"Given the importance of the Chinese market to our near-term delivery profile, as well as future orders which influence future production rates, we will continue to engage with leaders in both countries to urge a productive dialogue, reiterating the mutual economic benefits of a strong and prosperous aerospace industry," Calhoun told analysts on the Boeing's first quarter earnings call. "China represents 25% of the global growth in our industry over the next decade."

















