India  
 
NewsR.in

US commerce secretary proposes separating government spending from GDP reports

IndiaTimes Monday, 3 March 2025 ()
US commerce secretary Howard Lutnick proposes excluding government spending from GDP calculations, suggesting it inflates economic measures. This idea aligns with Elon Musk's view that government expenditure does not add real economic value. Balancing the federal budget is expected to drive economic growth and lower interest rates.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

Tories: Govt need be transparent over defence spending [Video]

Tories: Govt need be transparent over defence spending

Shadow Defence Secretary James Cartlidge says the government needs to be “transparent with the British people” over the amount of extra money being spent on defence. Earlier today Defence Secretary..

Credit: ODN     Duration: 01:26Published
Supreme Court Blocks Trump’s Effort To Fire Whistleblower Chief, Dellinger To Stay Until Feb 26 [Video]

Supreme Court Blocks Trump’s Effort To Fire Whistleblower Chief, Dellinger To Stay Until Feb 26

The U.S. Supreme Court has temporarily blocked the Trump administration’s attempt to fire whistleblower chief Hampton Dellinger. The Biden appointee will remain in his post at least until Feb. 26 as..

Credit: Oneindia     Duration: 03:03Published
Trump’s DOGE Exposes Trillions in Government Waste [Video]

Trump’s DOGE Exposes Trillions in Government Waste

Trump’s DOGE just exposed trillions in government waste, and the numbers are shocking! From outrageous projects to hidden spending, you won’t believe where your tax dollars are going. Watch now to..

Credit: RumblePublished