Government Spending

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.

FOX Business host Stuart Varney discusses the urgency to get inflation under control and Biden's massive spending plans.

Rep. Debbi Dingell argued President Biden deserves credit for wage hikes for American workers on "Mornings with Maria" despite inflation reaching a 39-year-high.

Sen. Rick Scott, R-Fla., told “Mornings with Maria” Tuesday, that America is fed up with “constant lies” after White House press secretary Jen Psaki called the Congressional Budget Office score for the Build Back Better plan “fake.”

'Kudlow' discusses Biden's socialist agenda as inflation continues to climb

President Biden has pledged to limit child care costs with the passage of his sprawling social spending and climate plan, but a new analysis suggests that millions of middle-class families could actually see their expenses double under the legislation.

Sen. Joe Manchin expressed fresh concern on Monday about soaring inflation after a key measure of consumer prices hit a 39-year record last week, but kept the door open to passing President Biden's sprawling social spending and climate plan.

Democrats are attacking a GOP-requested CBO score of their spending bill that assumes programs will be extended permanently.

Campus Reform fellow Angela Morabito sounded off on President Biden's Build Back Better agenda on Monday and warned it would only lead to further inflation during an appearance on "Mornings with Maria."

Sen. John Barrasso, R-Wyo., warned on Sunday that inflation will continue to rise and taxes will increase because of President Biden’s spending plan, arguing that “people's paychecks are not keeping up.”

President Biden's sprawling social spending and climate plan could increase the federal budget deficit by $3 trillion over the next decade if the programs included in the spending bill are made permanent, according to a new Congressional Budget Office analysis released Friday.

Republican reaction came quickly to Friday morning’s news that last month inflation surged at its fastest pace in nearly four decades.

FOX Business' Stuart Varney blasts Biden for pushing his expensive economic agenda amid surging inflation and how the Fed will solve it

Congress will likely approve an actual debt limit increase sometime next week, after the Senate approved a bill to pass the hike without a filibuster.

Rep. Kevin Brady, R-Texas, told “Cavuto: Coast to Coast” Thursday that Biden’s spending bill is the “wrong policy at the wrong time” and Senate Democrats are learning more about the “damaging impacts” that the proposal may have on Americans.

Congress is on a path to avert a default on the U.S. debt after a Senate procedural vote removed a filibuster hurder for a debt ceiling increase.

FOX Business host discusses Sen. Joe Manchin's eye-opening comments at the WSJ CEO Council Summit.

The U.S. government could run out of cash to pay its bills in just a few weeks if Congress fails to raise the federal debt ceiling, according to a new analysis from a Washington think tank.

The U.S. government could run out of cash to pays its bills by mid-October, according to a new analysis from a Washington think tank, an unprecedented debt default that economists warn could trigger a financial crisis.

'Kudlow' host criticized Joe Biden for policies that led to supply chain backlogs and record inflation.