Government Spending

Former CBO Director and American Action Forum President Douglas Holtz-Eakin argued the U.S. economy is recovering on its own.

U.S. companies are struggling with supply chain disruptions and hiring difficulties and expect consumer prices to rise across the country in coming months, the Federal Reserve said Wednesday.

A coalition of House Republicans is calling on President Biden's chief economic adviser to explain how the administration plans to combat the "burgeoning inflation crisis" as the White House pushes another $6 trillion in new spending.

The size of President Biden’s proposed budget for fiscal year 2022: $6 trillion. Major spikes in spending for almost everything. Health care. Climate change. Education. Infrastructure.

President Biden is slated to meet with Sen. Shelley Moore Capito on Wednesday as Republicans and the White House make a last-ditch effort to strike a bipartisan infrastructure deal.

NAACP President Derrick Johnson criticized President Biden for a lack of movement on student loan cancellation after the White House excluded debt forgiveness from its $6 trillion budget proposal last week.

Brian Bolter, owner of Dry 85 in Annapolis, Maryland, spoke with FOX Business about the impact of labor shortages in the service industry.

Eurozone inflation rose to 2% in May, driven higher by rising oil prices as other inflationary pressures appeared to remain subdued.

Progressive Democrats are calling on President Biden to abandon the infrastructure talks with Republicans.

The U.S. economy is on track to grow at the fastest pace in nearly four decades this year thanks to unprecedented levels of government stimulus and increased vaccination rates.

President Biden's budget blueprint predicts modest economic growth during his presidency and beyond, despite the rosy rhetoric Biden has projected on how a federal spending spree is needed to spur on job creation.

President Biden's $6 trillion spending plan reportedly assumes that his proposed capital gains tax hike begins in April – meaning it would likely be too late for wealthy Americans to dodge the new levy.

The White House on Friday unveiled a $6 trillion budget proposal for next year that adds to the nation's ballooning debt as President Biden pushes a sweeping economic agenda to dramatically expand the government-funded social safety net.

A group of moderate Senate Republicans on Thursday unveiled an infrastructure proposal worth close to $1 trillion, a counteroffer to the massive tax-and-spending plan introduced by President Biden earlier this month.

Senate Republicans on Thursday announced a $928 billion counteroffer to President Biden’s massive $1.7 trillion infrastructure plan.

Treasury Secretary Janet Yellen urged Congress to increase the Treasury Department's budget as it struggles to launch new programs designed to distribute trillions of dollars in federal coronavirus relief.

Congress should reject any effort by lawmakers to slash funding for Social Security and Medicare in order to reduce the nation's ballooning budget deficit, AARP said Wednesday.

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.

A group of Senate Republicans plans to send President Biden an infrastructure counteroffer worth about $1 trillion this week.

Rep. Kevin Brady, R-Texas, explained his optimism about stopping Biden tax increases.