Pride flags banned at US embassies as a result of $1.2 trillion spending package
President Biden accepted language in the $1.2 trillion spending package that bans the flying of pride flags at U.S. embassies, and the White House is looking to repeal.
Danger ahead: CBO says debt will consume 166% of GDP in 30 years
The CBO released a report showing that the national debt will rise to unprecedented levels over the next three decades despite recent deficit reduction efforts.
Congress announces government funding deal, readies to end monthslong government shutdown battle
Congressional leaders have reached an agreement with the White House on funding the federal government after critical last-minute delays.
Times Square billboard warns about 'ticking time bomb' of $34 trillion national debt
A billboard campaign in New York City’s Times Square is drawing awareness to what a nonprofit is describing as a “ticking time bomb" of U.S. national debt.
NYC taxpayers fleeced for millions on rushed, overpriced no-bid contracts for migrant services, audit finds
New York City Mayor Eric Adams' administration has cost taxpayers millions with no-bid contracts to vendors for migrant services at exorbitant rates, an audit has found.
Monetary, fiscal policy divide pose risks: NABE
The divide between monetary and fiscal policy is starting to worry the nation's top economists even as the U.S. economy shows signs of stabilizing against inflation.
Soaring deficits to push publicly held debt to record level in 4 years
The national debt is projected to eclipse a record set in 1946 in four years after surpassing the size of the U.S. economy according to the CBO's latest projection.
CBO report says US deficit to skyrocket in next decade
The Congressional Budget Office released its budget and economic outlook for the next 10 years and projects deficits rising from $1.6 trillion this year to over $2.6 trillion in 2034.
How telework is rescuing the government workforce
A just-released report clearly demonstrates that forcing government employees to return to the office will dangerously undermine government performance.
Federal deficit blew up $89B more in 1st quarter 2024 than last year
The federal budget deficit widened by $89 billion in the first three months of FY24 compared to the same period last year, with rising interest costs outpacing higher tax revenue.
Stuart Varney: Democrats want your accumulated wealth
FOX Business' Stuart Varney criticized tax plans by Senators Elizabeth Warren and Bernie Sanders to tax the accumulated savings of hardworking Americans.
US national debt tops $34T: How much debt is too much debt?
The U.S. national debt surpassing $34 trillion this month for the first time in history, which raises new questions about how large a debt burden the U.S. economy can tolerate.
US national debt tops $34T for first time in history
The U.S. national debt exceeded $34 trillion this week for the first time ever, setting off alarm bells over unprecedented levels of government spending.
Large deficits, high interest rates making federal debt less sustainable
Federal budget deficits and high interest rates are causing the cost of servicing America's $33 trillion national debt to soar, raising concern about the debt's sustainability.
Stuart Varney: Biden is sinking on every front after White House 'revolt'
FOX Business' Stuart Varney discussed the anonymous letter White House interns sent to President Biden demanding a Israel-Hamas cease-fire in Gaza.
US in 'serious trouble,' financial world legend who predicted Lehman collapse warns
Rich Dad Company co-founder and author of Rich Dad Poor Dad Robert Kiyosaki discusses the country's alarming financial trouble as the government continues to print more money
American taxpayers are now slaves to interest payments
The result of politicians in Washington racking up a $33.7 trillion federal debt? It now takes over a fifth of all government revenues just to pay the interest.
Pentagon fails annual audit for 6th year in a row
The DOD failed an annual audit of its assets for the sixth year in a row, officials announced this week. A Pentagon spokesperson said that the organization is "learning."
A winning, 3-part spending cut strategy for Republicans
Instead of trying to come up with a brand-new plan in a fractious conference, Republicans should rally around pro-growth policies that already unite them.
The fuse on America's debt bomb just got shorter
If you thought it was scary when the Treasury Department recently dropped a financial bomb, please sit down before you read on.