White House sticks by Biden's $4T spending plans despite Dimon warning on inflation
The White House on Wednesday defended President Biden's sweeping $4 trillion spending plans, despite a warning from JPMorgan Chase CEO Jamie Dimon that the unprecedented levels of government stimulus could lead to runaway economic growth.
Senate Republicans prepping infrastructure counteroffer with $1T price tag
A group of Senate Republicans plans to send President Biden an infrastructure counteroffer worth about $1 trillion this week.
Biden tax hikes in ‘deep trouble’: Rep. Kevin Brady
Rep. Kevin Brady, R-Texas, explained his optimism about stopping Biden tax increases.
Economists predict highest growth in 37 years as coronavirus pandemic recedes
A group of business economists sounded an optimistic note about the state of the U.S. economy this year, with a majority predicting that growth will hit its fastest pace in close to four decades.
USDA to start debt forgiveness for Black farmers in June
The Department of Agriculture will begin making loan forgiveness payments to thousands of minority farmers in June.
Biden will 'change course' on infrastructure if bipartisan negotiations falter
President Biden is prepared to "change course" on passing his massive tax and spending packages if Democrats are unable to strike a bipartisan agreement on infrastructure with Senate Republicans.
Treasury targets wealthy tax cheats with enforcement plan that could raise $700B
The Biden administration on Thursday unveiled a detailed plan laying out a new “tax compliance agenda” designed to beef up IRS enforcement and crack down on wealthy tax cheats
Texas lawmaker on Biden’s first 100 days: ‘Bad policies have bad consequences’
Rep. Brian Babin, R-Texas, reflects on the first 100 days of the Biden administration.
Democrats push Biden to abandon bipartisan negotiations on infrastructure bill
Progressives are calling on President Biden to walk away from infrastructure negotiations with Republicans, amping up pressure on the White House to go it alone on a sweeping, multitrillion-dollar tax and spending package.
Rand Paul: US needs to ‘wake up’ to ‘profound repercussions’ of Biden spending
Kentucky Senator Rand Paul discusses why he’s worried about the Biden administration’s spending and tax plans.
Biden, Republicans to resume infrastructure talks as GOP senators prep counteroffer
A team of Biden administration officials is headed to Capitol Hill on Tuesday to meet with a group of Republican senators and discuss their latest infrastructure counteroffer to President Biden's sweeping $4 trillion tax and spending proposals.
Varney: Economic recovery threatened by Biden's 'lurch to the left'
FOX Business' Stuart Varney discusses Biden's policies reflecting a far-left push.
Biden to pitch massive $4T spending plans at Michigan Ford factory
President Biden is heading to a Ford Motor plant in Michigan on Tuesday to highlight the need to invest in electric vehicles as the White House looks to drum up support for his $2.3 trillion tax and spending plan.
COVID 'no longer' an emergency: Oklahoma Gov. announces state to opt out of unemployment benefits
Oklahoma Governor Kevin Stitt joined FOX Business' "Cavuto: Coast to Coast" on Monday to announce his decision to opt out of federal unemployment benefits, explaining that COVID-19 is "no longer an emergency" in his state.
Biden still pitching massive spending plans despite inflation surge
President Biden is still pitching his multitrillion-dollar spending plans to Congress, even amid the threat of surging inflation, after consumer prices in April saw the biggest increase in decades.
Biden administration to allow undocumented students to receive COVID relief
The Biden administration said this week that undocumented college students can receive federal funding intended to help pay for expenses like food, housing and child care
Inflation spike bolsters Republicans' criticism of Biden's $4T spending plans
President Biden's $4 trillion tax credit and spending proposals encountered a new political obstacle on Wednesday: The threat of surging inflation, after consumer prices in April saw the biggest increase in decades.
Top Republican demands Biden administration detail spending plans for $1.9T relief bill
A top House Republican is calling on the Biden administration to provide a full account of how it's spending $1.9 trillion in coronavirus relief money, warning of "potential misuse and abuse" of the taxpayer money.
Americans fear worst inflation rate since 2013
U.S. consumers' inflation fears grew in April as the nation's economic recovery from the coronavirus pandemic accelerated, boosted by trillions in government stimulus.
Dem. NYC mayoral candidate Ray McGuire: We don’t need more taxes
New York City mayoral candidate Ray McGuire (D) on his plan for economic recovery.