The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
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.
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.
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.
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.
A just-released report clearly demonstrates that forcing government employees to return to the office will dangerously undermine government performance.
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.
FOX Business' Stuart Varney criticized tax plans by Senators Elizabeth Warren and Bernie Sanders to tax the accumulated savings of hardworking Americans.
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.
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.
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.
FOX Business' Stuart Varney discussed the anonymous letter White House interns sent to President Biden demanding a Israel-Hamas cease-fire in Gaza.
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
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.
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."
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.
If you thought it was scary when the Treasury Department recently dropped a financial bomb, please sit down before you read on.
Goldman Sachs released a forecast finding it's unlikely that a government shutdown will occur before the end of this year as Congress faces a Nov. 17 funding deadline.
FOX Business' Stuart Varney says America's military dominance and diplomatic power are being challenged by Russia, China, and Iran, putting our superpower status at risk.
The IRS on Friday announced that it has brought in a cumulative $160 million from its efforts to crack down on wealthy Americans evading their taxes.