Government Spending

Democrats have proposed a minimum tax on income that well-off corporations report to investors in order to help fund President Biden's sweeping tax and spending package.

Americans for Tax Reform President Grover Norquist joined "Mornings with Maria" Tuesday, suggesting that Biden’s spending plan hides how much it taxes the middle class, after the House passed the Build Back Better Act. 

Home Depot co-founder Ken Langone and former Honeywell Chairman and CEO Larry Bossidy discuss inflation under Biden’s leadership and the impact of his spending plan on the economy.

House progressives initially pushed for a $3.5 trillion reconciliation bill passed before an infrastructure bill. They got neither.

The White House on Friday maintained that President Biden’s “Build Back Better” agenda, which passed the House of Representatives Friday morning and is headed to the Senate, will not add to the deficit—despite the nonpartisan Congressional Budget Office score stating the contrary.

House Democrats on Friday celebrated the passage of a sweeping $1.75 trillion tax and spending plan that makes up the bulk of President Biden's economic agenda, billing the measure as "transformational," even as it faces an uphill battle – and looming changes – in the Senate.

Harvard Economist Kenneth Rogoff discusses inflation, Biden’s Build Back Better agenda and the Federal Reserve.

FOX Business' Stuart Varney breaks down why Build Back Beter is "financial trickery" during his latest "My Take."

Rep. Kevin Brady, R-Texas, is voicing his opposition to Democrats' massive spending bill in an effort to show American's that the bill is not paid for, as Democrats have claimed, and to bring to light the true cost of the bill.

Rep. Jared Golden was the only Democrat to vote against the reconciliation bill Friday, but he said he could vote for the bill later this year depending on the changes the Senate makes to it.

House Speaker Nancy Pelosi on Thursday defended the inclusion of changes to the state and local tax deduction in President Biden's signature spending plan, even though economists across the political spectrum agree the policy would serve as a windfall to wealthy Americans.

Goya President and CEO Bob Unanue took aim at big government for opening the doors to socialism as U.S. faces multiple economic pressures

President Biden has started to bill his massive social spending and climate bill as the key to slowing hotter-than-expected inflation, but three top economists say the $1.75 trillion package could ultimately add more fuel to the fire.

President Biden is under growing pressure from Congress to tap into the nation's Strategic Petroleum Reserve in an effort to quell soaring gas prices ahead of the holiday season.

Democrats are forging ahead with plans to pass President Biden's signature economic spending plan that would unleash another torrent of federal money into the U.S. economy, despite anxiety over rising inflation.

Rep. French Hill, R-Ark., discusses the Democrats support for “modern monetary theory” and its impact it will have on the country.

The Committee for a Responsible Federal Budget says Democrats' reconciliation bill will cost a lot more than they say it does.

President Biden's signature social spending and climate bill promises to offset nearly $2 trillion in spending with higher taxes on corporations and the wealthiest Americans, but a new analysis shows how the U.S. economy would actually lose more in revenue than is generated in the long run.

A conservative group spotlights Youngkin's victory as it targets two vulnerable House Democrats in Virginia over massive spending plan

Five moderate Democrats earlier this month made a deal that they will vote for Democrats' reconciliation bill if the CBO score lines up with the White House's estimates.