Biden set to unveil slew of tax hikes on wealthy Americans, corporations in budget
Higher taxes on wealthy Americans and corporations are expected to be a key tenet of President Biden's budget request as he seeks to reduce the deficit.
Biden to propose major tax hikes as part of administration's plan to cut deficit: report
President Biden is expected to propose a series of major tax hikes on Thursday as part of his administration's plan to reduce the deficit over the next decade.
House Republicans to consider debt prioritization bill as default looms
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.
Manufacturers urge Biden to reverse tax changes that have hurt investment
The National Association of Manufacturers is urging President Biden to call for the reversal of tax policy changes hurting the industry as he rolls out his new budget proposal.
White House commits to raising taxes in Biden's budget, trashes Trump tax cuts
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.
News coverage a better predictor of markets than ESG, study finds
Research from one of Europe's largest asset managers indicates that ESG investing has little benefit in moving markets as the US government pushes ESG guidelines
LARRY KUDLOW: Powell and Biden are getting ready to slaughter the small business sector
FOX Business host Larry Kudlow explains why President Biden's decision to increase interest rates will have a negative impact on the economy, small businesses and inflation.
Biden could have power to ban Chinese-owned TikTok under new Senate bill
A dozen U.S. Senators introduced a bill on Tuesday that would give President Biden the ability to ban TikTok and other technology platforms owned by foreign adversaries.
Stuart Varney: Biden trying to 'clean up the mess he made' ahead of 2024 election
FOX Business' Stuart Varney discusses the impact of Biden's policies on Americans as the president tries to reverse his disastrous policies ahead of the 2024 election.
Biden proposes tax increase for those making over $400K to boost Medicare funding
President Biden is looking to increase taxes on those making more than $400,000 in an effort to boost funding for Medicare.
Biden proposes tax hike on Americans making over $400,000 to fund Medicare
The White House is floating higher taxes on wealthy U.S. households as part of an effort to shore up funding for Medicare, which faces insolvency in 2028.
Social Security on a path to major benefit cuts unless Congress acts, CBO director says
CBO Director Phillip Swagel said that once Social Security's trust fund becomes exhausted in 2032, benefits would automatically be cut by 25% unless Congress acts.
JetBlue, Spirit brace for Justice Department lawsuit to block airlines’ merger
JetBlue expects a lawsuit from the Justice Department over the $3.8 billion merger with Spirit Airlines; Spirit argues deal would save customers millions.
Biden's decision on massive Alaska oil project looms
President Joe Biden and his Interior Department are considering whether to approve a major oil and gas development on Alaska's North Slope that's known as the Willow Project.
Biden admin proposes new requirements for 'Product of USA' label claim on meat
The Biden administration has rolled out a proposed rule tightening the requirements for allowing meat, poultry or eggs to be labeled as a "Product of the USA."
Biden tells firefighters union they shouldn’t pay higher taxes than billionaires, renews call to tax rich
President Biden vowed to make both billionaires and corporation "pay their fair share" while speaking at a conference for members of a firefighters union on Monday.
Biden paints rosy picture of inflation, but pressure on consumers and small business owners persists
President Biden has spun a narrative that inflation is getting better and that wages are up. A look under the covers shows that inflation is still having a significant impact.
Housing affordability at record low, report says
There were around half as many affordable homes for sale in 2022 as the previous year and approximately one in five homes for sale were affordable for the typical household.
Manchin hits Biden for missing deadline to turn in budget, blasts 'party politics and out of control spending'
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.
LARRY KUDLOW: Biden flip-flops on the left's Democratic crazies
FOX Business host Larry Kudlow reacts to President Biden breaking with the far-left on the DC crime overhaul and the latest bipartisan effort to tackle inflation on 'Kudlow.'