GDP, government spending and Trump

The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
Commerce Secretary Howard Lutnick said Sunday that government spending could be separated from gross domestic product reports, in response to questions about whether the spending cuts pushed by Elon Musk's Department of Government Efficiency could possibly cause an economic downturn.
One consequence of government spending cuts? Lower GDP
Government spending makes up 6% of total gross domestic product. And besides, spending cuts come with economic ripple effects.
US government spending has not slowed under Trump so far, data shows
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
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 GDP. It sets up a clash between the administration and economists over how to calculate the broadest measure of economic activity.
Trump administration to exclude govt spending from GDP? Commerce secretary replies
The Commerce Department in its most recent GDP report, showed that the economy grew at an annual rate of 2.3% in the final three months of 2024
Government shutdown looms as Trump tries to assert new spending powers
Congress has less than two weeks to extend a federal funding deadline, but lawmakers are arguing over whether the White House ...
Here’s How Government Spending Has Grown—and Where the Money Is Going
Social Security remains one of the largest federal spending categories, while net interest on the national debt is the ...
US Commerce Secretary wants to remove government spending from GDP
U.S. Commerce Secretary Howard Lutnick said on Sunday he would strip out government spending from the gross domestic product ...
New York Magazine6h
How Elon Musk Could Spark a Government Shutdown
DOGE’s wild rampage is the major sticking point in talks over a deal and he could blow up any such agreement by riling up a ...
Report Says Elon Musk's Businesses Have Been Awarded $38 Billion In Government Contracts Since 2003. Here's What Taxpayers Are Funding
A recent Washington Post analysis found that Elon Musk's companies, including Tesla TSLA and SpaceX, have received at least ...
federalnewsnetwork.com2h
Congress approaches the red zone for getting a ’25 spending package done
"The more immediate problem is this March 14 deadline to do something about federal funding for the current fiscal year," said Loren Duggan.
Intelligencer on MSN4d
Are Democrats Already Surrendering on Government Spending?
The minority party’s only leverage is to refuse to keep the government open without assurances that DOGE will be reined in.
E&E12h
Dems: Trump’s spending play raises ‘risk of a shutdown’
Top Democratic appropriators said Friday that President Donald Trump’s decision to abandon bipartisan spending talks and ...
Fact check: Eight ways Elon Musk has misled Americans about government spending
Elon Musk has repeatedly misled the public about federal spending while playing a leading role in President Donald Trump’s ...
US construction spending unexpectedly declines in January
U.S. construction spending unexpectedly fell in January, pulled down by a decline in outlays on multi-family homebuilding.