Government Spending

Rep. Michael Burgess argues Biden is "out of touch" with everyday Americans and their inflation concerns.

The IRS on Wednesday announced 2022 inflation adjustments for a slew of different tax provisions, including federal income brackets and the standard deduction, that reflect a months-long surge in consumer prices.

American households are coping with the fastest price increases in more than three decades, with the cost of everything from cars to gasoline to food surging in October, the Labor Department reported Wednesday.

President Biden has repeatedly pledged that his signature spending plan will pay for itself and add zero dollars to the federal deficit thanks to a slew of tax hikes on wealthy Americans and corporations, but a new analysis suggests the $1.75 trillion measure could trigger a significant debt increase by 2050.

FOX Business’ Stuart Varney on the stock and cryptos boom becoming a target for Democrats to pay for trillions in spending

Americans' inflation fears continued to accelerate in October, climbing for the 12th consecutive month in a row to another record high, according to a key Federal Reserve Bank of New York survey published Monday.

House Speaker Nancy Pelosi and her leadership team Friday doubled down on a plan to put the bipartisan infrastructure bill and a procedural rule for Democrats' reconciliation bill up for a vote despite not having the votes for final passage of the reconciliation bill.

Rep. Alexandria Ocasio-Cortez, D-N.Y., had a derisive response Friday after one of her fellow Democrats said he would vote to kill the spending package pushed by others in the party.

The Occupational Safety and Health Administration's new vaccine requirement for businesses with more than 100 employees warns of a potential $10,000 fine and up to six months of imprisonment for individuals who lie about their vaccination status.

House Speaker Nancy Pelosi moved to save face with a procedural vote on Democrats' reconciliation bill Friday after an effort to pass it stalled yet again after a small group of moderates demanded the House wait for scores from the Congressional Budget Office.

A new provision in Democrats' Build Back Better social spending plan would grant parole to immigrants who entered the U.S. illegally more than 10 years ago to shield them from being deported.

House Minority Leader Kevin McCarthy said Democrats aren't listening to voters by trying to advance their "irresponsible" spending plan.

If a handful of House moderates stick to their demand that the chamber wait until a CBO score comes out to pass the bipartisan infrastructure bill, there won't be a vote until the week of Thanksgiving.

FOX Business' Stuart Varney on the chaos that has come with Capitol Hill spending negotiations.

House Democrats on Wednesday unveiled an updated version of the party’s sweeping social spending package, adding several rules designed to curb wealthy Americans' ability to contribute to tax-advantaged retirement accounts.

Commerce Secretary Gina Raimondo on Thursday said public preschool programs will lead to fewer "help wanted" signs by boosting female employment rates.

Senate Democrats are making a last-minute effort to include a controversial proposal that would force banks to turn over most customers' account information to the Internal Revenue Service in the party's final tax and spending bill after President Biden omitted the measure from a revised framework.

Tennessee Sen. Marsha Blackburn on how soon the spending bill will be passed on Capitol Hill.

Federal Reserve Chairman Jerome Powell said Wednesday that surging inflation may not fade until the latter half of 2022, but maintained that wild swings in consumer prices will stop once current pressures on the supply chain dissipate.

A coalition of moderate Democrats is aiming to repeal a Trump-era limit on state and local tax deductions as part of President Biden's signature spending plan, teeing up a showdown with progressives who say doing so would amount to a huge tax cut for the rich.