fox-business/money/government-spending
Prediction platform bets show government shutdown lasting over 36 days
Rep. Andy Barr, R-Ky., joins ‘Mornings with Maria’ to blast Democrats for fueling the shutdown to please the far left, praise President Donald Trump’s tough China tariffs and warn politics is hurting U.S. workers and the economy. Traders on prediction platforms Kalshi and Polymarket are wagering that the federal government shutdown will extend well into […]
Government shutdown won’t change October 15 tax extension deadline
Rep. Scott Fitzgerald, R-Wis., joins ‘Mornings with Maria’ to discuss the deepening government shutdown, growing Democratic divisions and President Donald Trump’s historic peace push in Israel. Despite the continuing government shutdown, taxpayers who requested an extension earlier this year from the IRS to file their return still have to meet the cutoff date. Taxpayers who needed […]
Federal deficit hits $1.8 trillion with record debt interest costs
Committee for a Responsible Federal Budget President Maya MacGuineas warns that the nation’s $38 trillion debt and rising spending are ‘unsustainable,’ urging lawmakers to address entitlement reform and restore fiscal discipline. The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8 trillion budget deficit in fiscal year 2025 amid mounting […]
Prediction markets expect government shutdown to last over two weeks
Rep. Russell Fry, R-S.C., discusses what it will take to end the government shutdown and Gavin Newsom’s lawsuit over President Donald Trump’s deployment of the National Guard on ‘Mornings with Maria.’ Traders in online prediction markets expect the federal government shutdown to last more than two weeks, signaling waning confidence in a near-term deal as […]
Shutdown delays September jobs report as economists expected 50,000 jobs added
Federal Reserve Bank of Chicago President Austan Goolsbee discusses the impact a government shutdown would have on the agency, inflation and more on ‘The Claman Countdown.’ The ongoing partial government shutdown prevented the Labor Department from releasing the anticipated September jobs report as scheduled on Friday, causing economic data watchers to turn their attention to alternative […]
Experts predict minimal market impact from new government shutdown
Goldman Sachs’ Meena Flynn says U.S. GDP will take a hit every week of the government shutdown, but S&P and others tracking for record highs on ‘The Claman Countdown.’ A partial government shutdown began on Wednesday with Republicans and Democrats at an impasse over spending levels, which has increased uncertainty over economic conditions and how financial […]
Johnson says Schumer’s shutdown hands Trump political opportunity
House Speaker Mike Johnson argues a government shut down provides a unique opportunity for President Donald Trump as he discusses the Senate’s stalemate on ‘Mornings with Maria.’ House Speaker Mike Johnson, R-La., said Senate Minority Leader Chuck Schumer, D-N.Y., created a problematic government shutdown for the American people — but the move may have handed […]
Experts predict minimal economic impact from potential government shutdown
Panelists on ‘The Big Money Show’ discuss Washington’s looming government shutdown, Obamacare subsidies and why voters’ trust in lawmakers sinks as political theater overshadows real solutions. A partial shutdown of the federal government may begin at midnight barring action by Congress on a spending bill to fund operations which could spark concern over the economic impact, […]
NYC mayoral candidate proposes $100M boost for immigration legal defense
FOX Business’ Lydia Hu joins ‘Varney & Co.’ to report on NYC Socialist Democrat Zohran Mamdani’s $100M migrant defense plan, sparking President Donald Trump’s backlash and criticism. New York state Assemblyman and New York City mayoral candidate Zohran Mamdani said that a “cornerstone” of his campaign is to increase funding for the legal defense of illegal […]