Joe Biden

The White House is denying that the over $700 billion spending bill being pushed by Manchin breaks President Biden's pledge to not raise taxes on families making less than $400,000 a year.

Senate Democrats pushed back Monday against claims from Republicans that the Inflation Reduction Act would raise taxes on most Americans, saying the bill only impacted corporations.

The poorest Americans will pay more in taxes as a result of Democrats' inflation bill, a nonpartisan analysis concluded, despite President Biden's past pledges.

President Biden is expected to announce his decision this month on extending the pandemic-era pause on paying back student loans and forgiving some debt.

Conservative groups are criticizing the President Biden as well as his administration for trying to redefine what a "recession" is after a weak GDP report.

Small business groups criticized the deal between Sen. Joe Manchin, D-W.Va., and Senate Majority Leader Chuck Schumer, D-N.Y., saying it will only make inflation worse.

Sen. Sherrod Brown criticized the Federal Reserve chair in a recent Fox Business interview, saying his talk of inflation being transitory mislead the president.

The Department of Education expected the federal student loan program to generate $114 billion in revenue, but it actually wound up costing $197 billion.

The Biden administration has approved a disaster declaration after catastrophic flooding in eastern Kentucky destroyed communities and left 16 people dead.

Biden's radical agenda for the SEC includes an outlandish expansion of authority to mandate climate change regulations on companies and consumers alike.

The repackaged Inflation Reduction Act of 2022 would raise an estimated $739B over a decade, fight climate change, curb pharmaceutical prices and reduce debt, according to Democrats.

President Biden reacted to Thursday's GDP report, saying it is “no surprise that the economy is slowing down” amid inflation, despite saying earlier this week that the United States would not be entering a recession.

Jared Bernstein, a member of the White House Council of Economic Advisers, wrote that a recession is defined as two consecutive quarters of negative GDP growth.

Second-quarter GDP data will be released on Thursday and it is expected to show that economic growth declined in the spring, which could indicate the economy is in recession.

The Biden administration and allies of the president are pushing for the public to "ignore" the definition of a recession ahead of Thursday's GDP report.

The Chinese Foreign Ministry spokesperson accused U.S. lawmakers of having "Chinaphobia" after the release of a Senate report on meddling in the Federal Reserve.

In an exchange with reporters, President Joe Biden confirmed he will soon make a decision on student loans. Here are the choices he is weighing.

Experts slammed President Biden after he touted a modest decrease in gas prices, a change of tune from when the president said there was little he could do about surging costs.

The former top economist in the Trump White House criticized the Biden administration's attempt to downplay recession fears, saying the economy was headed toward a sharp downturn.

Americans for Tax Reform President Grover Norquist sounded off on state inflation relief checks, inflation and the White House's attempts to redefine 'recession.'