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Government Spending, GDP

Here’s How Government Spending Has Grown—and Where the Money Is Going

Social Security remains one of the largest federal spending categories, while net interest on the national debt is the fastest-growing major expense.

Reuters · 1d

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 (GDP) report, but gave no indication how soon this change might happen, while dismissing fears of a possible recession.

Marketplace · 15h

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.

Forbes · 5d

The Government Needs Wealthy Consumer Spending To Keep GDP Growing

A new analysis shows that the top 10% of earners are behind almost half of all consumer spending, which is almost 70% of GDP.

Government shutdown looms

Detroit News · 23h

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 will really spend the money they approve.

Reuters · 6d

US government spending has not slowed under Trump so far, data shows

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

ABC News on MSN · 2h

Backdrop for Trump's speech to Congress is a potential government shutdown

A government shutdown looms as Trump addresses a joint session of Congress, where he’s sure to face a divided audience following his effort to slash the government.

14hon MSN

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 ...

Marketplace5d

One consequence of government spending cuts? Lower GDP

Government spending makes up 6% of total gross domestic product. And besides, spending cuts come with economic ripple effects ...

17hon MSN

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 ...

federalnewsnetwork.com17h

Congress approaches the red zone for getting a ’25 spending package done

"The more immediate problem is this March 14 deadline to do something about federal funding for the current fiscal year," said Loren Duggan.

19h

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 ...

18hon MSN

How much influence should DOGE have on government spending? What a new poll found

The latest CBS News/YouGov poll asked respondents how much influence DOGE should have on government spending and how much access it should have to government data. The results were split along ...

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 ...

New York Magazine22h

How Elon Musk Could Spark a Government Shutdown

DOGE’s wild rampage is the major sticking point in talks over a deal and he could blow up any such agreement by riling up a ...

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Government Spending, GDP

Government shutdown looms

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