Commerce Secretary Howard Lutnick revealed Elon Musk made an agreement with him to cut $1 trillion from federal spending via the Department of Government Efficiency. Nearly a month has passed

Sen. Elizabeth Warren (D-Mass.) on Monday questioned Secretary of Commerce Howard Lutnick over the access tech billionaire Elon Musk’s Department of Government Efficiency (DOGE) has to his competitors and business partners.

Commerce Secretary Howard Lutnick said Sunday that government spending could be separated from gross domestic product reports in response to questions about whether the spending cuts pushed by Elon Musk’s Department of Government Efficiency could possibly cause an economic downturn.

Howard Lutnick said that Elon Musk is going to "cut a trillion dollars of waste, fraud, and abuse" in Social Security, Medicaid, and Medicare.

Howard Lutnick said Sunday that government spending could be separated from gross domestic product reports in response to questions about whether the spending cuts pushed by Elon Musk’s Department of Government Efficiency could possibly cause an economic downturn.

That echoes a recent message from Elon Musk on, X, the social-media service he owns, in which the unofficial head of the group known as the Department of Government Efficiency said a more accurate measure of GDP would exclude government spending.

On Sunday, President Trump announced his plans for a U.S. “crypto strategic reserve,” stating that he’d make the country the “Crypto Capital of the World.” But a closer look reveals the reserve may be nothing but a blatant insider trading scam to make his billionaire crypto czar richer—funded by taxpayer money.

Government spending is tied up with consumer and business spending. Not reporting it as part of GDP would breach global accounting standards.

Howard Lutnick's remarks came in response to concerns over whether the spending cuts advocated by Elon Musk's Department of Government Efficiency (DOGE) might lead to a recession.

Elon Musk went straight to the slurs after being called out yet again for saying that astronauts have been stranded on the International Space Station by the Biden administration for “political reasons”—a lie that astronauts themselves have repeatedly debunked.

Commerce Secretary Howard Lutnick offered some information about a new Trump administration project to sell "gold/green cards" for $5 million dollars, which would entitle wealthy foreigners to buy legal status and eventually citizenship in the U.

US Secretary of Commerce Howard Lutnick on Sunday said that government spending could be separated from GDP reports, in response to questions about whether the spending cuts pushed by Elon Musk’s Department of Government Efficiency could possibly cause an economic downturn.