Republicans excoriate Democrats' $3.5T spending plan as 'reckless' amid surging inflation
Republicans on Wednesday lambasted Democrats for attempting to unilaterally pass a sprawling $3.5 trillion reconciliation bill, raising concerns that another burst of government spending will act as an accelerant to already rapidly inflation.
Democrats forcing vote on unfinished infrastructure bill a ‘whole new low’: Sen. Lankford
Oklahoma Sen. James Lankford reacts to the Democrats forcing a vote on the bipartisan infrastructure bill without it being completed.
True cost of Democrats' spending plan could top $5T, analysis says
A new analysis published this week shows that Democrats' reconciliation measure may cost $2 trillion more than expected.
Bipartisan senators agree to new infrastructure pay-fors after dropping IRS enforcement
Bipartisan lawmakers trying to pass a $1.2 trillion infrastructure bill have agreed to a new revenue-raising measure after dropping a provision to toughen tax enforcement at the Internal Revenue Service, Sen. Jon Tester said Monday.
California legislature approves nation's first state-funded guaranteed income program
California's legislature has passed a bill that will approve monthly payments with no restrictions to foster kids when they age out, and for pregnant women.
Democrats' $3.5T budget plan includes major Medicare expansion
Medicare, the health insurance program for older Americans, would cover dental, vision and hearing under a massive $3.5 trillion budget blueprint reached by Democrats this week that would vastly expand the government-funded social safety net.
$10 million rewards bolster White House anti-ransomware bid
In an effort to bolster security efforts, the State Department has announced a Rewards for Justice program. The reward payments may include cryptocurrency.
Kudlow: 'Woke economics' leads to economic decline
Larry Kudlow says Democrats do not care about growth and slams 'woke economics' in his monologue.
California paying past-due rent for lower-income residents who fell behind during COVID-19 pandemic
That state of California is paying the full amount of past-due rent for lower-income renters who fell behind during the coronavirus pandemic.
Democrats' $3.5T spending plan the 'tip of the iceberg': Sen. Barrasso
Sen. John Barrasso, R-Wyo., argued Wednesday that America "can't afford" Democrats' $3.5T spending package.
Mulvaney rips Dems’ $3.5T spending bill: There's 'no way' to pay for it
Mick Mulvaney told FOX Business' "Mornings with Maria" that there is "no way" to pay for Senate Democrats' $3.5 trillion spending bill without raising taxes on the middle class.
Yellen says Treasury prepared to deploy extraordinary debt limit measures as July deadline looms
Treasury Secretary Janet Yellen said Tuesday that she's prepared to inform Congress she will immediately deploy "extraordinary measures" to avoid violating the government debt limit as lawmakers hurtle toward the July debt deadline.
Miami mayor says US intervention in Cuba needed to protect national security
Miami Mayor Francis Suarez joined FOX Business' "Varney & Co." Tuesday with calls for the United States to step in following widespread protests against the Communist regime in Cuba.
Biden administration feels recent inflation burst could last quarters, not months
The thinking of White House officials is that a recent inflation surge could last for some time, but that the spike is ultimately transitory and will clear up once widespread bottlenecks that have severely disrupted the supply chain begin to dissipate.
Varney on child tax credit: Democrats are buying votes
FOX Business' Stuart Varney during his latest "My Take" argued that "Democrats are buying votes" and making America more like Europe with the new child tax credit.
Sen. Capito slams Democrats’ human infrastructure bill, warns of ‘troubled waters ahead’
Sen. Shelley Moore Capito, R- W. Va., criticizes Democratic colleagues over unclear human infrastructure plan.
What is the debt ceiling?
Congress is barreling toward a summer battle over spending levels as Democrats rush to craft a pair of spending bills while simultaneously addressing the debt ceiling to keep the U.S. from defaulting on its financial obligations.
Fed ‘binge’ created inflation ‘whirlwind’: Steve Forbes
Steve Forbes argues inflation is here to stay.
Americans' inflation fears reach another high as consumer prices surge
Americans' inflation fears rose to the highest level since June 2013 as the price of consumer goods continued to surge, according to a Federal Reserve Bank of New York survey published Monday.
31 Republicans request IG investigate billions in possible COVID-19-related fraud
More than 30 Republicans have sent a letter to the Department of Labor's Office of the Inspector General requesting an investigation into coronavirus-related fraud.