Government Spending

Congress is gearing up for a hectic December, faced with a flurry of must-pass spending bills and economic deadlines that could have catastrophic consequences if lawmakers miss them.

Treasury Secretary Janet Yellen has reiterated support for the global minimum tax as Congress continues to debate President Biden’s titanic infrastructure bill.

Progressive Rep. Primila Jayapal said she is pushing President Biden to stick to his $3 trillion spending plan instead of the $2 trillion range that he has proposed to Democrats this week.

'Kudlow' host Larry Kudlow criticizes Biden's spending plan.

White House Principal Deputy Press Secretary Karine Jean-Pierre on Thursday called the Senate's debt ceiling agreement a "positive step forward."

FOX Business' Stuart Varney provides insight into President Biden's excessive spending plans and the U.S. economy.

The Senate is set this week to temporarily avert a debt ceiling default, but the fundamental impasse between Republicans and Democrats remains and might rear its head later this year.

Democrats reached a deal to narrow the scope of a plan from the Biden administration that could force banks to turn over customers' account information to the Internal Revenue Service.

'Kudlow' host Larry Kudlow clues the president in on lack of support from Americans on his economic intentions.

President Biden ripped into Senate Republicans on Wednesday for their "dangerous and disgraceful" blockade of a debt ceiling suspension, shortly before Senate Minority Leader Mitch McConnell announced a compromise deal in order to avoid the first-ever default this month.

Republicans are signaling they could help speed along some of the procedural hurdles included in budget reconciliation if Democrats cave and opt to raise the debt ceiling that way.

President Biden is slated to meet with the leaders of some of the nation's biggest bank

Republicans say that Democrats must raise the debt ceiling via budget reconciliation, but top Democrats have said such a move is off the table.

Florida Sen. Rick Scott discusses how inflation impacts American families.

Rep. Greg Murphy rips the Democrats' $3.5 trillion spending package.

Congress is barreling toward a mid-October deadline to raise or suspend the debt ceiling, but Democrats and Republicans on Capitol Hill are locked in a fierce stalemate with no clear plan to avert what would be the first-ever default in the U.S.

Both parties are capable of guaranteeing the U.S. doesn't default – Democrats by moving on to reconciliation and Republicans by voting for Schumer's cloture motion.

Sen. Susan Collins suggested this week that some Republican lawmakers could support an effort to raise the debt ceiling if Democrats agreed to abandon President Biden's $3.5 trillion bill.

A leading conservative issue advocacy group is launching a new website spotlighting what it calls House Speaker Nancy Pelosi's "Socialist Spending Spree" as it targets the Democrats’ massive, multitrillion-dollar government spending plans.

Treasury Secretary Janet Yellen said in a Tuesday interview on CNBC that a debt ceiling increase must happen, and refused to take the budget reconciliation process off the table to do it.