Elon Musk dropped a financial truth bomb recently, saying all government spending is taxation. Whether it’s drained directly ...

Despite Donald Trump's announcement of his plans to introduce a Department of Government Efficiency, the proportion of money the U.S. government spends appears to be similar to that of other developed ...

Donald Trump selected Elon Musk and Vivek Ramaswamy to identify areas for government-spending cuts. The US spends the most on ...

For federal budget purposes, an entitlement typically means a benefit that is guaranteed, often by law—like Social Security ...

There's a chance the Department of Government Efficiency's plans could lead to the deepest cuts to the federal government in ...

The boss of Tesla and the social media site X, Elon Musk, suggested last month at Donald Trump’s rally in New York City that ...

President-elect Donald Trump has tasked billionaire Tesla CEO Elon Musk with setting up a panel to streamline the U.S.

Given Trump’s priorities, it is hard to see how he can possibly deliver anything like the spending reductions that Musk ...

The U.S. budget deficit jumped nearly four-fold to $257 billion in October, a figure inflated by one-off factors, the ...

(The Center Square) – Former President Donald Trump's billionaire supporter Elon Musk suggested that he could cut $2 trillion ...

In the most recent fiscal year (from October 2023 to September 2024) the US federal government ... This is a line of spending which is “mandatory”, meaning it must be spent by law on those ...