Government Spending

FOX Business' Stuart Varney says Biden and Jerome Powell are to blame for the banking crisis and high inflation due to nonstop spending and money printing.

South Carolina Comptroller General Richard Eckstrom is in hot water after admitting to a $3.5 billion accounting blunder over a decade. Lawmakers are recommending he be removed.

BlackRock founder Larry Fink asked in his annual letter released Wednesday whether the "dominoes are starting to fall" after "years of easy money" due to fiscal and monetary policies.

President Biden and the Fed's "tricky balancing act" to fight inflation and delay a recession "just became so much more difficult" amid bank run contagion and a big budget.

Treasury Secretary Janet Yellen testified to members of Congress on Friday after President Biden released his 2024 budget proposal on Thursday, which called for tax hikes.

Americans for Tax Reform president Grover Norquist calls President Biden's proposed budget an "assault" on taxpayers' and small-to-medium businesses' bottom line.

During an appearance Friday on 'Mornings with Maria,' House Speaker Kevin McCarthy, R-Calif., reacts to President Biden's massive 2024 budget proposal.

Is President Biden's proposed budget — which includes trillions of dollars in tax hikes — fiscally responsible? Trump admin economist Steve Moore and Sens. Joe Manchin, D-W.Va., and Tim Kaine, D-Va., say no.

The House Ways and Means Committee will consider a bill on Thursday that would prioritize federal spending if the U.S. hits the debt ceiling later this year.

White House press secretary Karine Jean-Pierre said Wednesday that President Biden will propose to raise taxes in his budget plan, which will be released Thursday.

SK Group of South Korea has pledged a $15 billion U.S. investment that includes semiconductor research and development.

The U.S. relationship with China is difficult as military spending ramps up. Joe Lieberman and Gatestone Institute Senior Fellow Gordon Chang on rising tensions.

Sacramento Mayor Darrell Steinberg told members of the California task force on reparations that he wholeheartedly supports giving Black Californians compensation for being descendants of slaves.

Sen. Joe Manchin this week called on President Biden to release his budget proposal so that Congress can find a bipartisan compromise that will cut spending.

Democratic Sen. Joe Manchin gives Joe Biden a fiscal rebuttal after the president indicated he's "gonna raise some taxes" to cut America's growing deficit.

With a majority of the Northern Illinois Food Bank's clients being working-class families, its president claims they're "struggling to make ends meet" as SNAP benefits expire.

FOX Business' Stuart Varney discusses teachers' union chief Randi Weingarten's handling of public schools during COVID following her rant on the student loan handout plan.

The CBO projects that the cost of servicing the national debt will more than double over the next decade to over $1.4 trillion in interest payments in FY2033.

The Bipartisan Policy Center said that the "X date" on which the debt limit will need to be raised to avoid default will arrive this summer or early fall, depending on tax revenue.

Florida Sen. Rick Scott argues it's better to balance the congressional budget than "spending to oblivion" while struggling to solve a "dramatic" debt ceiling debacle.