Government Spending

FOX Business host Larry Kudlow breaks down the U.S. debt ceiling and reveals how the House GOP can revive the economy by proposing a budget resolution on "Kudlow."

The U.S. government will reach its statutory debt limit next Thursday, according to a letter from Treasury Secretary Janet Yellen notifying Congress.

The federal government is expected to reach its debt limit in the next few weeks which will prompt the Treasury to take extraordinary measures to stave off default.

House Ways and Means Committee Chair Rep. Jason Smith discusses his plan to cut government spending, create jobs and boost wages for the American people.

The Texas government announced that it brought in a $32.7 billion budget surplus, which is the largest in the state's history, setting up a debate over taxes and spending.

Former Acting White House Chief of Staff Mick Mulvaney warns there won't be a balanced budget or "dramatic" spending cuts after the Republican-led passage of new House rules.

Florida Republican Rep. Anna Paulina Luna discussed whether Kevin McCarthy's concessions could lead to a government shutdown and addressed Ukraine spending.

California is facing a $24 billion budget shortfall for 2023-24 as ongoing concerns about inflation and a potential recession create economic uncertainty.

FOX Business' Stuart Varney tells Republican holdouts to 'take the win' as he discusses the concessions they won amid the House speakership battle

The U.S. economy could face a 1970s-style stagflation crisis in 2023 as it confronts still-high inflation, rising unemployment and slow economic growth.

FOX Business host Larry Kudlow says Sen. Mike Lee's amendment to extend Title 42 would have passed if Sen. Chuck Schumer did not persuade Sens. Kyrsten Sinema and Joe Manchin to vote to pass the bill beforehand on "Kudlow."

Americans for Tax Reform President Grover Norquist warned millions of taxpayers will face a "disaster" scenario with the IRS' new rule on third-party payment apps.

Fox News host Larry Kudlow details where some of the money from the omnibus spending bill will be going and calls out GOP senators for siding with Democrats in support of this legislation on "Kudlow."

Federal lawmakers made public a massive $1.7 trillion omnibus spending bill on Tuesday morning. Here are five eye-popping spending items inside it.

FOX Business host Larry Kudlow calls out the actions of the GOP Senate for backing the massive omnibus spending bill and urges them to not vote for the piece of legislation on 'Kudlow.'

North Carolina Congressman Dan Bishop took to Twitter Tuesday ripping provisions tucked into a last-minute $1.7 trillion spending package meant to avert a shutdown.

The U.S. Postal Service on Tuesday announced a $9.6 billion investment in 66,000 new electric mail trucks as part of a Biden administration EV-push.

Heritage Foundation Research Fellow E.J. Antoni expands on his recent op-ed breaking down how it pays off not to work under President Biden's welfare programs.

The the newly-released text of an omnibus bill for funding the government includes a measure to ban social media app TikTok from government devices due to security concerns.

Federal spending is poised to push the national debt to exceed 225% of U.S. GDP by 2050, according to a new analysis from the Penn Wharton budget model.