Joe Biden

President Biden signed the Inflation Reduction Act on Tuesday, which some experts have said could lower the cost of health care for many families.

The largest oil and gas industry group outlined its opposition to Democrats' Inflation Reduction Act, arguing that the bill will lead to higher costs for companies and consumers.

Unions benefit from sweetheart deal buried in new Inflation Reduction Act. But construction firms and climate activist oppose the harmful regulations.

President Biden approved a massive Gulf of Mexico fossil fuel lease sale, which his administration chose not to defend in court, when he signed the Inflation Reduction Act on Tuesday.

Two large U.S. automakers refuted criticism Tuesday that recent price hikes were related to the Inflation Reduction Act which extends the electric vehicle tax credit.

The federal student loan moratorium is poised to expire at the end of August, meaning that millions of borrowers could soon be forced to resume payments.

Americans can expect to pay higher energy prices as a result of Democrats' massive climate and tax spending package, which President Biden signed into law on Tuesday, experts said.

Former IRS lawyer William Henck told FOX Business the agency will target middle-income Americans with new audits to raise revenues under the Inflation Reduction Act.

Anita Dunn, President Biden's senior adviser, will have to divest investments valued up to $48.2 million to avoid conflicts of interest. Dunn previously sidestepped disclosures.

House Democrats who have been vocal about their opposition to new fossil fuel leasing on federal lands were silent Friday when asked about the Inflation Reduction Act, which boosts oil leases.

Schork Report principal Stephen Schork called out the Biden administration for claiming they are responsible for falling gas prices, stating it's due to a lack of demand.

IRS Commissioner Charles Rettig was instructed by Treasury Secretary Janet Yellen on Wednesday not to increase audits on the middle class with new funding.

FOX Business' Stuart Varney discusses the White House's messaging on inflation as Americans face economic challenges ahead of the 2022 midterm elections.

A Democratic congressman said during a House Rules Committee markup Wednesday that there was zero inflation last month and the U.S. is not in a recession.

Painfully high inflation persisted in July as the consumer price index hovered near a 40-year high, continuing to create financial pressure for millions of U.S. households.

Senate Democrats on Sunday approved the sweeping Inflation Reduction Act, which includes a slew of new taxes on corporations, including a 1% excise fee on stock buybacks.

President of Americans for Tax Reform Grover Norquist slammed President Biden for breaking his promise not to raise taxes on any American earning less than $400,000 a year through the Democrats' spending and tax bill.

Lower- and middle-class Americans are projected to bear the brunt of the vast majority of additional tax audits authorized under Democrats' spending bill the Senate passed Sunday.

On Tuesday, President Biden will sign H.R. 4346, the CHIPS and Science Act, into law in the Rose Garden. The White House agues the bill will strengthen American manufacturing and more.

The White House is pushing back against claims that more IRS funding could lead to increase audits on middle-income Americans, citing a letter from Commissioner Chuck Rettig.