Government Spending

The U.S. government on Wednesday posted a roughly $21 billion budget deficit for December, the smallest monthly shortfall in nearly two years as the pandemic recovery fueled an increase in personal and corporate income tax receipts.

A bipartisan group of lawmakers has started exploring another round of coronavirus relief funding for small businesses as a surge of the highly contagious omicron variant threatens to unleash more economic havoc.

The Chicago Teachers Union (CTU) wants to how money from President Biden's American Rescue Plan is being spent after it voted to close schools and go back to remote classes until the spike in COVID-19 cases "substantially subsides." When President Biden passed the American Rescue Plan in March 2021, Chicago received $1.8 billion in federal COVID-19 relief for the city's schools.

Increased spending on public health preparedness and drilling for potential disaster response scenarios could help states like Virginia handle the next “unprecedented” storm or other calamity, according one expert.

Democrats are kicking off the new year with hopes of salvaging the fragments of President Biden's signature economic spending plan, just weeks after key moderate Sen. Joe Manchin thrashed the party's hopes of passing the massive social spending and climate bill.

When Congress comes back in January, the death of the "Build Back Better" bill might create an opening for legislators to address COVID relief for small businesses.

The U.S. has seen its highest levels of inflation in 39 years as consumer prices surge.

Democrats are making last-ditch efforts to save a key piece of their ambitious tax-and-spending bill, days after Sen. Joe Manchin torpedoed the $1.7 trillion package.

Farmer and agricultural economist Damian Mason is warning about the impacts of regulation and shutdowns on the economy.

Rep. Lee Zeldin discusses what Americans are saying about Biden's spending bill.

Federal Reserve Chairman Jerome Powell is entering 2022 with the American economy on shaky ground, teeing up a challenging year for the U.S. central bank as it accelerates its withdrawal of support, all while navigating the ever-changing landscape of the coronavirus pandemic.

FOX Business host shares his thoughts as the Democratic Party continues to slam Sen. Joe Manchin

Moderate Democrat Sen. Joe Manchin outlined some major changes to President Biden's massive spending bill that could elicit his support, one day after he abruptly torpedoed the $1.7 trillion social spending and climate package.

Former Pence chief of staff Marc Short told “Mornings with Maria,” Tuesday, that Senate Majority Leader Chuck Schumer is “bluffing” on making promises to hold the vote on Biden’s spending bill to force every member to make their position known.

'Kudlow' discusses how Sen. Joe Manchin killed Biden's Build Back Better bill, and what that means for the United States.

FOX Business host Stuart Varney discusses the divided Democratic Party as they try to pass Biden’s Build Back Better agenda and other progressive demands

A new Fox Business poll finds that twice as many think the Biden administration is doing more harm than good.

Larry Kudlow discusses how Biden’s Build Back Better agenda would cause havoc on American economy

Because of a procedural trick slipped into a Medicare bill last week, Senate Democrats can raise the debt ceiling one time only with a simple majority vote.

Former Obama economic policy guru Lawrence H. Summers took to Twitter to voice his thoughts as inflation has recently risen to a 39-year high as Americans have seen increases in food, gasoline and car costs.