The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic ...
Commerce Secretary’s Comments Raise Fears of Interference in Federal Data
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output ...
Trump official floats new approach on GDP, as economy poised to slow sharply
Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry ...
Elon Musk’s $1 Spending Limit Is Paralyzing Federal Agencies
The DOGE-mandated credit card freeze is delaying shipments of critical supplies, stalling travel, and stopping employees from ...
Hosted on MSN23h
Why government spending counts in GDP, as Trump admin considers excluding it
Top Trump administration officials are arguing that it is misleading to include government spending in the quarterly tally of ...
New York watchdog urges state to cap 'runaway' spending
New York state government spending is skyrocketing, according to a fiscal watchdog group, which is calling on Gov. Kathy ...
Marketplace17h
What if the U.S. just deleted government spending from GDP?
Government spending is tied up with consumer and business spending. Not reporting it as part of GDP would breach global accounting standards.
Driven by defence spending, global govt borrowing set to hit record $12.3 tn in 2025
Global government borrowing is projected to hit a record $12.3 trillion this year, driven by increased defence spending and ...
Speaker Mike Johnson readies for government shutdown fight as Democrats hold out for concessions
Congress has until 11:59 p.m. March 14 to pass a measure to keep the government operating at full throttle — and there's no ...
Bundesbank proposes debt reform that could add 220 bln euros to spending
Germany's central bank proposed on Tuesday a far-reaching reform of the country's constitutionally enshrined cap on borrowing ...
Senate negotiators look at dueling options to avert government shutdown
Top appropriators are still in search of a deal to fund the government with 10 days until a shutdown deadline, as talk in the ...
How much influence should DOGE have on government spending? What a new poll found
The latest CBS News/YouGov poll asked respondents how much influence DOGE should have on government spending and how much access it should have to government data. The results were split along ...