The Biden administration also said it would hold schools “accountable for leaving students with unaffordable debts.”
GOP Rep. Chip Roy of Texas, who sits on the powerful Rules Committee, is urging all Republicans to reject the McCarthy-Biden debt ceiling deal.
House Speaker Kevin McCarthy offered two key statistics to show the federal government has a spending not a taxing problem.
Fox News host Mark Levin dismantled President Joe Biden's plan to invoke the 14th Amendment to increase the nation's deficit spending.
Kevin McCarthy highlighted this week that the nation's debt exceeds the size of the entire economy as large annual deficits are projected.
Senate Republans sent a letter to Majority Leader Chuck Schumer Saturday stating they will not vote for a debt ceiling increase without spending cuts.
The Washington Post took Joe Biden to task for falsely claiming the Limit, Save, Grow Act passed by the House GOP last week would cut veterans' benefits.
CBO Director Phill Swagel briefed reporters Wednesday about the fiscal challenges the U.S. faces if it keeps spending at current levels.
House Minority Leader Hakeem Jeffries claimed that the economy under Pres. Joe Biden and the Democrats is better than it was Donald Trump and the GOP.
"You would think that nearly two years of 40-year-high inflation would create some hesitation," Sen. Rand Paul wrote.
Senate Minority Leader Mitch McConnell is working with Democrats to pass a $1.7 trillion spending bill to fund the federal government through FY '23.
President Joe Biden's budget calls for $1.8 trilion more in total spending than total federal revenues for fiscal year 2021.
"It’s a fiscal policy success that our economy is growing and growing in a better way than most any other developed country," Buttigieg said.
Sen. Joe Manchin has consistently cited concerns about the current high rate of inflation and deficit spending for his opposition.
'Cutting taxes on American employers was a central part of our efforts to bring jobs and factories back home to the United States.'
Democrats are looking at new scorched-earth tactics to get their way with their proposed budget and mire America deeper in debt.
Gingrich Highlights Dems' Deceptive Budget Trick Used to Bring $3.5T Reconciliation Bill's Price Tag Down
'That would shrink the whole bill. It’d be a lie. But it would shrink the whole bill,' former House Speaker Newt Gingrich said.
'My Build Back Better Agenda costs zero dollars,' the president claimed about his massive spending plan being hotly debated in Congress.
Uh, oh, the nation's credit card has been cut up. That's okay - Congress will just make another one. Boom! The spending resumes.
Californina mulls extending the eviction moratorium until low-wage workers return to work despite incentivizing them to stay at home.
Paul urged Congress to stop wasting billions in taxpayer money every year to fund inane 'research' that does nothing to help Americans.