Government Spending

House Speaker Kevin McCarthy, R-Calif., says the Biden administration has agreed to a new debt ceiling negotiation structure and emphasized Republicans "don't want to have a Biden default."

Biden has been crying wolf with warnings about budget defaults. Treasury still has the ability to prioritize its payments, so that’s not a realistic danger.

President Biden slammed Republicans for "holding the economy hostage" by insisting on spending cuts as part of a bipartisan compromise to raise the national debt and avoid default.

President Biden said that a meeting between congressional leaders on the debt ceiling was "productive," and said that the United States will not default.

There is no barometer to gauge whether the U.S. will collide with the debt ceiling, however the "Mattress Futures Index" could be a good jumping off point.

A Denver city councilor said White businesses should be taxed to redistribute wealth to Black and Brown people in the city as reparations for the harms of capitalism.

FOX Business host Larry Kudlow discusses ongoing debt ceiling negotiations as the deadline approaches.

After the Department of Defense failed their fifth audit and is unable to account for 39% of government spending, bipartisan legislatures want to incentivize spending transparency.

Ramsey Solutions founder Dave Ramsey discusses federal government spending amid the debt ceiling debate.

Passing a debt limit bill must be the GOP's top priority in the upcoming legislative session, Republican Study Committee Chairman Kevin Hern told colleagues.

Worldwide government debt declined briefly with the end of costly pandemic-related measures, but it is expected to start climbing again this year, the IMF said.

The U.S. government is spending more than $5 billion to increase the speed of development of new COVID-19 vaccines and treatments, according to officials.

The federal budget deficit shot up to $1.1 trillion in the first six months of fiscal year 2023, according to an analysis by the Congressional Budget Office.

The culprit responsible for high inflation was profligate government spending in the form of multitrillion-dollar spending bills sold as "COVID relief" and "infrastructure."

Dr. Ben Carson makes a strong argument for more states to follow Texas' lead and invest in school choice, as Democrat-led states practice "purposeful dumbing down of people."

Economist Kevin Hassett rips the Biden administration's "stunning" lies about GDP, inflation and spending, arguing the president isn't investing in America as his tour says.

Former Clearwater Mayor Frank Hibbard has "no regrets" about his rage-quitting decision, explaining his leave "goes beyond" politics and is all about common sense.

FOX BUSINESS' Stuart Varney criticized California's "mansion tax" designed to reduce housing costs for the homeless arguing the bill has pushed homebuyers to sell.

U.S. Energy Secretary Jennifer Granholm told lawmakers the Department of Energy's proposed efficiency standards for electric and gas stoves will not impact the majority of cooking tops.

Rep. Byron Donalds, R-Fla., responds to the White House claiming the GOP spending plan will worsen inflation, arguing that the Press Secretary 'doesn't know what she's talking about.'