Government Spending

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.

American consumers are grappling with the highest inflation rate in more than three decades, and the surge in the price of everyday goods is disproportionately hurting low-income workers, according to a new analysis published Monday by the Joint Economic Committee Republicans.

Blink Charging CEO Michael Farkas comments on the impact of Biden's infrastructure bill on the accessibility of electric vehicle charging across the nation.

U.S. Transportation Secretary Pete Buttigieg celebrated the long-stalled bipartisan $1.2 trillion infrastructure bill signed into law by President Biden on Monday. He joined FOX Business' Cavuto: Coast to Coast' to discuss the bill's passing, as well as reports of White House friction involving VP Kamala Harris.

The Congressional Budget Office (CBO) is expected to finish scoring Democrats' massive reconciliation spending bill by Friday afternoon, potentially setting up a vote in the House of Representatives to pass the bill over the weekend.

President Biden has unveiled a framework for a modified social spending plan that imagines spending close to $1.75 trillion over the next decade, but budget experts say the true cost of the legislation would be closer to $5 trillion because of the way the programs are structured.

FOX Business’ Stuart Varney argues the president's economic agenda could lead to more inflation and monumental debt

President Biden on Monday plans to sign the long-stalled $1.2 trillion infrastructure package into law, an integral part of his economic agenda and the largest investment in the nation's crumbling roads and bridges in decades.

Sen. Rick Scott, R-Fla., discusses Biden and the Democrats' spending bills that will contribute to "more inflation."

Several must-pass bills with deadlines in December, plus rising inflation, could put President Biden's biggest agenda item in doubt.

A conservative group focused on opposing President Biden's economic agenda launched a new $100,000 ad campaign this week targeting five House Democrats over surging consumer prices as inflation hits the highest level since 1990.

A majority of millionaires would receive a tax cut under the newest reconciliation framework unveiled by House Democrats, according to a new analysis published this week.

Millions of Americans could be in store for higher taxes as spiraling inflation pushes consumer prices higher.

Americans are growing increasingly pessimistic about the state of the U.S. economy as consumers grapple with a surge of inflation that has pushed the price of everyday bedrock goods to the highest level in years.