Spending
Experts reveal why we should stop splitting the bill
Splitting the bill might save time, but it can cost way more over time, so Newsweek spoke to experts about the best ways to avoid overpaying.
Kevin McCarthy's complicated win on debt deal
McCarthy managed to extract multiple concessions from the White House in a "historic" deal to limit spending. Not all of his members are happy with the result.
Five ways Joe Biden can outmaneuver Kevin McCarthy over the debt ceiling
The president has options to avoid a default without having to agree spending cuts—but these may be politically unpalatable.
Biden's cabinet says debt ceiling crisis plays into hands of China
"China is not debating whether to pay its debts or wreck its economy," Democratic Senator Patty Murray of Washington said at a hearing on Capitol Hill today.
Republicans' new plan to silence critics
Plans to approve the bill that funds veteran benefits will likely undercut the White House's claims that the GOP spending bill will slash their funding.
"I was $49,000 in debt, I lived on $18 a week to turn my life around"
I ran away from all of my debt, thinking that nobody would find me.
Republican goes on tirade against his own party during House speech
Chip Roy accused his Republican colleagues of doing "precious damn little" with their control over the House.
Sarah Huckabee Sanders could have a spending problem
Sarah Huckabee Sanders made a lot of bold promises on the campaign trail last year. How she plans to accomplish them remains a mystery.
Trump tells Republicans what funding to cut as McCarthy eyes deal with Dems
Donald Trump said Republicans shouldn't "vote to cut a single penny from Medicare or Social Security to help pay for Joe Biden's reckless spending spree."
Woman fuming over how friend splits $210 dinner check backed: "Unfair"
A woman has been supported online after sharing her dismay over how a dinner bill was divided unfairly.
How to reduce your spending in 2023, according to money-saving experts
With inflation rising, Newsweek spoke to money-saving experts to find out how you can try and save some cash during the cost-of-living crisis.
House Republicans' IRS cuts would add over $100B to deficit: Budget Office
The first proposal would cut $71 billion in funding for the IRS, impacting the agency's ability to enforce collections from the wealthy.
Joe Biden's Christmas is off to a great start
While Biden's 2022 is finishing off strong, it's unclear how his 2023 might shape up with Republican controlling the House in January.
Kyrsten Sinema becomes the savior Democrats weren't expecting
Political scientist John Pitney called the independent Arizona senator's amendment to the omnibus package "a Christmas present in the form of an escape hatch."
Omnibus bill "hanging by a thread" as it faces five major hurdles
A major storm bearing down on Washington, D.C. could complicate lawmakers' plans to head home for the holidays.
Mitch McConnell faces Republican revolt over his "number one priority"
A group of House Republicans warned earlier this week that they would not work with Senate colleagues who helped to pass a government funding bill.
Marjorie Taylor Greene dismisses "propaganda" criticism on Ukraine audit
On Tuesday, the House Foreign Affairs Committee will hold a hearing on Greene's proposed resolution to audit aid sent to Ukraine by the Biden administration.
With all eyes on Oz, GOP funnels cash to refuel hopes for sneaky Senate win
Once down by double digits, New Hampshire Republican Don Bolduc has seen a resurgence in polling over the last month.
Fact Check: Do Only Trump Voting States Receive More Than They Pay in Tax?
Pro-Donald Trump states have been targeted on social media for appearing to receive more and pay less, despite tax and spending criticism from the GOP.
'Selfish' Husband Spending Inheritance on Car, Friends-Only Trip Dragged
"To be treating himself and not doing anything for you is really pretty mean," said one reply on the viral Mumsnet post.
Most Americans Would Stop Using a Brand After 1 Bad Experience: Survey
A whopping 54 percent of American consumers would stop using a brand after just one bad experience, with millennials in the majority (57 percent).
Thrifty Mom Fills Her Entire Wardrobe With Secondhand Clothes
A thrifty mother filled her entire wardrobe with secondhand clothes - with all items costing less than $10.
Why the U.S. Defense Budget Keeps Growing
A gargantuan defense budget doesn't necessarily buy the American people more security.
Unemployment Drops to 3.8 Percent as Americans Get Back to Spending
Employers in the U.S. added 678,000 jobs in February, according to the Labor Department.
Masks Finally Arrive At Chicago Schools, But Parents Left Nervous on Supply
One parent told Newsweek her son's local school council purchased their own KN95 masks while waiting on the district to distribute the ones promised.
Kamala Harris Urges Dems Not to Give Up on BBB Despite Joe Manchin's Stance
"I don't have any personal feelings about this," Harris told CBS' "Face the Nation" about Manchin's reversal on the Build Back Better plan.
Bank of America CEO Confident on Economy as Consumers Spend at High Rates
But Brian Moynihan remains concerned about the potential impact of inflation and supply-chain issues on the economy heading into the winter season.
'Build Back Better' Would Likely Cost Trillions More Than Democrats Claim
Democrats designed key provisions to sunset at various times over the next several years, while keeping many of the plan's funding mechanisms in place.
Tlaib 'Fearful' Corporate Dems Manchin and Sinema Will Tank Spending Bill
The Build Back Better Act now heads to the 50-50 split Senate, where Democrats must navigate major challenges with no room for error.