interest rates

FILE - This May 4, 2021, photo shows the Treasury Building in Washington. The U.S. budget deficit hit a record $2.06 trillion through the first eight months of this budget year as coronavirus relief programs drove spending to all-time highs. The shortfall this year is 9.7% higher than the $1.88 trillion deficit run up over the same period a year ago, the Treasury Department said Wednesday, June 9, 2021 in its monthly budget report. (AP Photo/Patrick Semansky, file)

Biden’s massive $6T budget to cut economic growth

A group of analysts fear Joe Biden’s $6 trillion proposed budget will have massive consequences on the nation’s long term economic success.

NEW YORK, NY - JANUARY 30: Former Treasury Secretary Larry Summers visits FOX Business Network at FOX Studios on January 30, 2015 in New York City. (Photo by Rob Kim/Getty Images)

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Economists speak about inflation and inappropriate government spending during pandemic

U.S. economists have spoke out about a rising fear of inflation. Both the current and former Treasury Secretaries have warned of the possibilities for the future of the economy.