Elon Musk unveils his bold initiative to reduce federal spending by $1 trillion, claiming it won't compromise essential services. The tech mogul discusses the challenges and goals of the DOGE Service in a recent interview.
As mixed signals emerge from US economic data, experts debate whether Trump's trade policies will lead to a downturn. Soft data warns of slowdown, while hard data suggests fears may be exaggerated.
The Trump administration is reportedly discussing potential cuts to the CDC’s domestic HIV program, sparking concerns over the future of HIV prevention efforts across the U.S. Advocates warn about the implications for testing and outreach as the administration seeks to streamline federal spending.
In a closed-door Cabinet meeting, Trump reaffirmed his support for Musk's plans to cut federal spending, while emphasizing that agency heads have the final say. Tensions rise as Musk navigates the complexities of federal staffing.
February witnessed a staggering spike in layoffs, with over 172,000 jobs cut, marking the highest total since 2009. As federal spending is slashed, economic uncertainty looms, raising concerns about a potential recession.
In a surprising turn of events, U.S. Senate Republicans have embraced the spending cuts proposed by Elon Musk's Department of Government Efficiency after a Supreme Court ruling limited presidential powers. Discover the implications for federal spending and jobs!
Billionaire Elon Musk met with Republican senators to discuss potential budget rescissions that could enforce federal budget cuts into law. Sparks fly as he pushes for government efficiency amid ongoing legal battles and protests.
In private meetings, Republicans urged Elon Musk to engage Congress on federal spending cuts. As the GOP seeks to regain control, Musk's role in reshaping government raises questions about future job losses and efficiency reforms.
U.S. Commerce Secretary Howard Lutnick announced plans to separate government spending from GDP reports, sparking debate over potential economic implications and recession fears amidst declining consumer sentiment.
House Republicans are moving forward with controversial changes to Medicaid, aiming to cut federal spending despite pushback from Democrats and some party moderates. Key proposals include new work requirements and funding caps.
