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Elon Musk reminds Americans that all government spending comes from their taxes as national debt keeps skyrocketing
Elon Musk dropped a financial truth bomb recently, saying all government spending is taxation. Whether it’s drained directly ...
Entitlement Spending Is In The News Again—What Is It, Exactly?
For federal budget purposes, an entitlement typically means a benefit that is guaranteed, often by law—like Social Security ...
Musk Wants to Slash $2 Trillion in Federal Spending. Is That Possible?
President-elect Donald J. Trump has tasked Elon Musk and Vivek Ramaswamy with identifying ways to cut the budget. The hard ...
Department of Government Efficiency: US Federal Spending in Maps, Charts
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 ...
Will Elon Musk be able to cut $2 trillion from US government spending?
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 ...
How Elon Musk's Department of Government Efficiency could actually work
The department wouldn't be a department at all, but an outside group that can likely only make suggestions — unless Trump ...
Elon Musk is looking to cut government waste. Here's what the US spends money on right now.
Donald Trump selected Elon Musk and Vivek Ramaswamy to identify areas for government-spending cuts. The US spends the most on ...
Why the Federal Budget Deficit Could Trigger the Next Financial Crisis
No one wants to talk about the $1.8 Billion federal budget deficit. But, as Marc Goldwein of the Committee for a Responsible ...
Fiscal Futures: Gauging The Potential Impact Of Post-Election U.S. Policy
A key variable for investors to decipher in election season is the impact of policy proposals on fiscal spending, the deficit ...
How Musk's US Government Efficiency Panel Might Work
WASHINGTON (Reuters) - Donald Trump has tasked Elon Musk with setting up a panel to streamline the U.S. government. Although ...
U.S. October budget deficit jumps to $257 billion, handing hole to Trump
The U.S. budget deficit jumped nearly four-fold to $257 billion in October, a figure inflated by one-off factors, the ...
Republican sweep gives Trump power to slash taxes, may strain deficits
Republicans' lock on power in Washington next year will allow President-elect Donald Trump to pursue an aggressive agenda of ...