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 ...
The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic ...
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 ...
Elon Musk’s $1 Spending Limit Is Paralyzing Federal Agencies
The DOGE-mandated credit card freeze is delaying shipments of critical supplies, stalling travel, and stopping employees from ...
New York watchdog urges state to cap 'runaway' spending
New York state government spending is skyrocketing, according to a fiscal watchdog group, which is calling on Gov. Kathy ...
Speaker Mike Johnson readies for government shutdown fight as Democrats hold out for concessions
Congress has until 11:59 p.m. March 14 to pass a measure to keep the government operating at full throttle — and there's no ...
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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 ...
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.
Belgium aims to hike defence spending to 2% of GDP this year, De Tijd reports
The Belgian government aims to accelerate defence spending by 4 billion euros ($4.2 billion) in the coming months, Belgian newspaper De Tijd reported, citing Prime Minister Bart De Wever.
Keir Starmer urged to use defence spending boost to revive UK manufacturing
Make UK chief calls for support for small businesses as Europe faces pressure from US to shoulder security cost ...
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What if the U.S. just deleted government spending from GDP?
Government spending is tied up with consumer and business spending. Not reporting it as part of GDP would breach global accounting standards.
Senate negotiators look at dueling options to avert government shutdown
Top appropriators are still in search of a deal to fund the government with 10 days until a shutdown deadline, as talk in the ...