US commerce secretary proposes separating government spending from GDP reports
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.
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..
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..
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..