Government Spending

President Biden's $1.2 trillion plan to rebuild the nation's crumbling infrastructure will create up to 1 million new jobs over the next decade, according to a new report published this week.

America's nearly 20-year military mission to reshape Afghanistan was the United State's longest foreign war, with a death toll in the tens of thousands and a multitrillion-dollar price tag that future generations will be paying off for years to come.

U.S. corporations would be hit with steeper penalties for shifting profits overseas under a draft proposal unveiled Wednesday by Senate Democrats as lawmakers look to generate revenue for President Biden's sweeping, multitrillion-dollar economic plan.

Progressive lawmakers are pushing for a final vote on a $3.5 trillion budget resolution before committing to a bipartisan $1 trillion infrastructure bill that has already passed in the Senate.

Members of the Republican Study Committee on Tuesday condemned Democrats' $3.5 trillion budget resolution, saying it will only add to record inflation.

A growing division among House Democrats over when to vote on a $1 trillion infrastructure package and a larger reconciliation bill is threatening to jeopardize two crucial pieces of President Biden's sweeping legislative agenda.

A recently formed coalition of more than 30 business and industry groups is launching the first in a series of planned ads taking aim at the $3.5 trillion spending package being pushed by congressional Democrats and President Biden.

A group of moderate Democrats is clashing with House Speaker Nancy Pelosi over when to vote on a roughly $1 trillion bipartisan infrastructure bill – potentially imperiling a key part of President Biden's legislative agenda.

Democrats don't appear to have the votes to pass their $3.5 trillion budget resolution amid a standoff over infrastructure

Inflation has driven up consumer prices across the board in major cities across the U.S., making receipts from 2019 and 2020 look a lot different than receipts in 2021.

The war and reconstruction efforts in Afghanistan cost taxpayers nearly $1 trillion, but the Biden administration has asked for more, even with plans to fully withdraw from the country this summer.

The Biden administration last week canceled bulk shipments of dollars headed for Afghanistan as Taliban fighters were poised to take control of the capital city of Kabul, part of a continuing scramble to keep hundreds of millions of dollars out of the hands of the terrorist group, according to people familiar with the matter.

The Taliban's retaking of Afghanistan and the American withdrawal of troops spell an end to a nearly 20-year war that left the preexisting power back in control but the U.S. trillions of dollars poorer.

A second payment from the IRS goes out Friday, providing some extra cash to millions of families across the U.S. as part of the expanded child tax credit.

Kudlow discusses democrats pushing forward the infrastructure bill during his Wednesday monologue.

Far from shying away from sweeping reforms at the helm of one of the slimmest of majorities in Congress ever, the Democratic leader openly acknowledged his party is seeking to make big structural changes not seen in the U.S. for generations.

Nearly all Senate Republicans signed a letter released Wednesday vowing not to vote to raise the debt ceiling, signaling that Democrats may be forced to raise the limit under budget reconciliation to prevent the United States from defaulting on its debt.

Senate Majority Leader Chuck Schumer on Wednesday pushed back on Republicans refusing to raise the debt ceiling and insisted that paying the country's bills is a bipartisan obligation.

Steve Scalise argues Democrats' infrastructure spending will impact every family in America and "kill" middle-class jobs.

The Senate voted early Wednesday to pass the framework of the hotly contested, $3.5 trillion budget reconciliation package after a nearly 15-hour-long vote-a-rama in Washington, D.C., and if there was any camaraderie on the bipartisan infrastructure bill, it seemed to have taken a holiday after this vote.