President-elect Donald J. Trump has tasked Elon Musk and Vivek Ramaswamy with identifying ways to cut the budget. The hard ...

A key variable for investors to decipher in election season is the impact of policy proposals on fiscal spending, the deficit ...

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

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

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

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 ...

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

The U.S. national debt is climbing at a rapid pace and has shown no signs of slowing down, despite the growing criticism of ...

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

Elon Musk recently claimed he could cut at least $2 trillion from the US Federal budget—a challenge that would require unprecedented austerity measures. This ambitious target surpasses annual spending ...

WASHINGTON (AP) — The U.S. economy grew ... and warehouses. But spending on equipment surged. Wednesday’s report also contained some encouraging news on inflation. The Federal Reserve ...

Deep budget cuts would be required to meet the billionaire Trump supporter’s goal. He appeared to acknowledge some risks on ...