Elon Musk's cost-cutting efforts at the Department of Government Efficiency have yet to reduce the federal deficit overall; ...

The United States will not enter a recession due to the change of administration, but because of the excess spending policies ...

The Trump administration has some nits to pick with government spending: They don't think it should be counted as part of the ...

U.S. Commerce Secretary Howard Lutnick said on Sunday he would strip out government spending from the gross domestic product ...

Treasury Secretary Scott Bessent said the U.S. economy may be “starting to roll a bit,” as data suggests last year’s red-hot ...

That prompted Trump adviser Elon Musk to muse on Friday that a “more accurate measure of GDP would exclude government spending,” on X, the platform he owns. Over the weekend, Commerce ...

“You know that governments historically have messed with GDP,” Lutnick said on Fox News Channel's “Sunday Morning Futures.” “They count government spending as part of GDP. So I’m going ...

Government spending is tied up with consumer and business spending. Not reporting it as part of GDP would breach global accounting standards.

The current political discussion about tariffs has led to confusion about imports and GDP. Business leaders assessing the ...

An economics professor will tell you that GDP is equal to the total spending by consumers, total investment, total government spending, and total net exports. The Trump administration, however ...

The Trump Administration May Exclude Government Spending From GDP, Obscuring the Impact of DOGE Cuts WEST PALM BEACH, Fla. (AP) — Commerce Secretary Howard Lutnick said Sunday that government ...

WEST PALM BEACH, Fla. (AP) — Commerce Secretary Howard Lutnick said Sunday that government spending could be separated from gross domestic product reports, in response to questions about whether ...