Government Spending

Texas Republican addresses the looming government shutdown and Biden's spending and tax increases as inflation rises and the economy dips into recession.

The Bank of England said on Monday it would not hesitate to raise rates and is monitoring markets in response to the new government's financial plans.

Members of both parties have found problems with fraud related to the PPP loan program, which spent more than $800 billion to keep businesses and nonprofits afloat during the COVID pandemic.

The Department of Labor Inspector General identified problem areas that have resulted in an estimated $45.6 billion in potentially fraudulent claims since March 2020.

Former OMB director Russ Vought responds to the Fed's latest rate hike, arguing the Biden administration's economic policies are making the Fed's job 'harder.'

West Virginia Attorney General Patrick Morrisey announced that the state settled with Walmart and CVS Pharmacy in a lawsuit regarding the oversupply of prescription drugs.

According to Colorado GOP Chairwoman Kristi Burton Brown, Denver's basic income plan and cash handouts for homeless people won't "help their families" or provide permanent housing.

Miami Mayor Francis Suarez calls out the Biden administration's divisive rhetoric and points to Miami as an example of the power of unity on 'Mornings with Maria.'

Former Regan economic adviser Art Laffer calls out President Biden and Democrats' stimulus packages and weighs the impact these bills will have on the economy.

Sen. Mike Braun, R-Ind., criticizes the federal budgeting process and Democrats' spending bills as Congress weighs a continuing resolution to avoid government shutdown.

Former White House OMB director Russ Vought argued Biden's continuous spending and bad regulations make the Fed's job of reducing inflation much harder.

The U.S. national debt is approaching a record $31 trillion, according to data released by the Treasury Department, and it could have ramifications for the economy.

Ohio Republican Congressman Jim Jordan addressed Biden's latest military aid package to Ukraine, arguing U.S. taxpayers should not be paying for more weapons

The Biden administration has claimed progress reducing the annual budget deficit, but total U.S. debt continues to climb to record highs.

King Charles III signed over the care and profits from his privately-owned Crown Estates to the national government in a ceremony at St. James's palace.

Sen. Rick Scott argues against the idea that Republicans are not as unified as Democrats heading into the Midterm Elections.

NASA officials revealed that the Artemis rocket began leaking liquid hydrogen fuel hours before the second launch attempt for an unmanned trip around the moon.

Louisiana's long-neglected critical infrastructure systems are slated to get a major boost in federal funding from the Infrastructure Investment and Jobs Act.

Economist Art Laffer likened Biden's economic plans to the welfare state as the US tries to protect everyone from losses, ultimately, as he warns, guaranteeing no profits.

Federal Reserve interest rate hikes will not successfully cool inflation unless the federal government also slows fiscal spending, a new paper suggests.