US deficit could top $1T in 2019
The national debt passed $22 trillion earlier this year.
Government Spending
Mnuchin warns Pelosi debt ceiling could be hit by September
Mnuchin, along with other members of President Trump's cabinet, met with congressional leaders on Capitol Hill this week to discuss the spending cap and debt ceiling.
Democrats' 'family feud' making debt ceiling deal difficult, top Republican says
Infighting among lawmakers on the left is making it “hard to achieve anything,” House Minority Leader Kevin McCarthy says.
Security risk: Ice, food, blankets loaded on planes without proper check
Before the food is airborne and served to passengers, a FOX Business investigation shows the TSA does not do random inspection of the carts upon entering the secure airport area.
Elizabeth Warren calls on ex-FDA chief to resign from Pfizer board
Pfizer is one of the world’s biggest drugmakers and has been a target of President Trump, who slammed the company for raising drug prices.
Illinois tax hikes could kill small businesses, expert warns
The high-tax state is already dealing with an exodus of residents.
High-tax state push to repeal SALT cap a boon to the rich
Millionaires stand to gain the most, according to a new report.
Corporate innovations relying more on government funding, study finds
Corporations are increasingly relying on federally-supported research for innovation, according to a new study.
Connecticut budget mistake? Tax hikes and lost business
State lawmakers raised the corporate tax rate in 2016, appearing to have accelerated a business exodus.
Danny Glover, Ta-Nehisi Coates testify on slavery reparations at House hearing
The date of the testimony, June 19, coincides with Juneteenth, a holiday that recognizes the freeing of slaves in Texas on June 19, 1865
Drowning in debt vs. government shutdown: Which would you prefer?
As Congress battles over the budget fine print, lawmakers on the left will insist the sky is falling. Don’t feed into the drama, and here’s why.
'Medicare for all' ultimately hurts seniors, CMS Administrator Seema Verma says
CMS Administrator Seema Verma says Americans, not government, should drive the decision toward the best health care coverage.
9/11 Victim Compensation Fund: How much has been spent, how much is needed
On Wednesday, the House Judiciary Committee passed a bill that would ensure that victims of the Sept. 11 attacks would be compensated for any physical harm they or their family members suffered. Here’s a look at how much has been spent so far on the fund and how much more may be necessary.
House Dems to vote on spending package in first step to avoid another shutdown
The bundle -- worth a total $982.8 billion -- includes $645.1 billion in defense spending.
Mexico tariffs averted, USMCA back in bullseye
Congress can set the stage for years of job creation and economic growth by ratifying the United States-Mexico-Canada Agreement.
2019 'Pig Book' finds government's pork addiction getting worse
As earmarks under the 2011 moratorium continue to rise, the bipartisan appetite for pork has intensified.
9/11 first responders react to Jon Stewart's emotional plea for victim compensation funding
Comedian Jon Stewart teared into lawmakers for skipping the September 11th Victim Compensation Fund hearing.
US economy is at risk of losing $4T in GDP if we don't act on infrastructure: American Society of Civil Engineers
The economic risks from not investing in America's infrastructure could have a dire impact to the U.S. economy.
Wealthy Illinois residents could see taxes spike
The state is looking to modify its 4.95 percent income tax rate.
Lawmakers introduce legislation to cut some funding to sanctuary cities
Pennsylvania Senator Pat Toomey is introducing legislation to cut a large chunk of funding to sanctuary cities.