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Will Elon Musk be able to cut $2 trillion from US government spending?
Discretionary
spending
accounted for only $1.7 trillion in 2023. Musk did not specify if he would aim to deliver $2 trillion in savings in a single
year
, or over a longer period, but many
US
public finance experts, including those who are in favour in ...
Department of Government Efficiency: US Federal Spending in Maps, Charts
Spain, France, Italy, Germany, Austria, Poland, the United Kingdom, Finland and Sweden all spent a greater proportion of their GDP than America did in 2022.
Elon Musk and Vivek Ramaswamy to lead new 'Department of Government Efficiency'
A proposed Department of Government Efficiency, or DOGE, is set to restructure federal agencies and slash government spending.
What to Know About Elon Musk’s 'Department of Government Efficiency'
President-elect Donald Trump made good on one of his campaign promises Tuesday night when he officially appointed billionaire Elon Musk to lead the new “Department of Government Efficiency,” along with entrepreneur Vivek Ramaswamy.
Elon Musk launches his ‘government by tweet’
Elon Musk, with his 200-plus million followers, is trying to drive it from outside the White House. This first appeared in Digital Future Daily, POLITICO’s afternoon newsletter about how tech and power are shaping our world.
What will Musk and Ramaswamy be doing in a new 'Department of Government Efficiency?'
Elon Musk and Vivek Ramaswamy are tasked with dismantling government bureaucracy in the new Department of Government Efficiency.
Trump Names Elon Musk to Role for Creating Greater Government Efficiency
Tesla CEO and X owner Elon Musk speaks as Republican presidential nominee and former U.S. president Donald Trump looks on during a rally at the site of the July assassination attempt against Trump, in Butler,
15h
on MSN
US Sees Wider Budget Gap at Fiscal Year Start on Health Spending
The US budget deficit widened further at the start of the fiscal year, driven primarily by higher spending on health and ...
11h
on MSN
Here’s where Elon Musk can start cutting federal spending — from transgender monkeys to DEI and checks to dead people
Elon Musk and Vivek Ramaswamy are taking a knife to wasteful government-spending on things like handouts to China, monkey ...
Yahoo
17h
Elon Musk is looking to cut government waste. Here's what the US spends money on right now.
The aim of the commission is to cut government
spending
. The
US
spent $6.75 trillion in fiscal
year
2024, with Social ...
11h
Keep Your Eyes On The 10-Year Treasury While The Fed Continues Rate Cuts
Rising US debt and economic headwinds suggest that further rate cuts may not effectively lower Treasury rates or other loan ...
Business Insider
17h
Trump could push the US debt to levels that cannot be ignored by the end of 2025, BlackRock's bond chief says
The mountain of government debt could swell to levels the
US
won't be able to ignore anymore as soon as next
year
, ...
15h
Red sweep may speed US debt ceiling deal, stoke long-term bond worries
A unified government under Donald Trump may offer investors reprieve from the bruising battles around the U.S. debt ceiling ...
2h
Federal Budget: Trump Inherits A $1.8T Annual Deficit
The Federal Government ran a $1.8T budget deficit for the fiscal year, with a $560B deficit in the last quarter alone.
Hindustan Times
8h
US Dollar hits one-year high amid Donald Trump's economic policies
The
US
dollar reached a one-
year
high against major currencies ... Expectations for deeper deficit
spending
are lifting ...
CNET
1d
No, You Don't Have to Give Holiday Gifts This Year. How to Skip It Without Shame
Everyone gets to decide for themselves what gifts they do and don't give. There should be no obligation to buy someone a gift ...
4d
Dear Abby: My husband’s 24-year-old daughter shouldn’t still be on our budget, right?
DEAR ABBY: I’m in my early 30s; my husband is 46. We have been married three years. He has a 24-year-old daughter, “Kiki.” ...
12h
What is Elon Musk’s plan for DOGE?
Elon Musk has been tapped to lead a new advisory group on government spending in Donald Trump’s second administration, and ...
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