GDP, Trump and government spending

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 product.
Why government spending counts in GDP, as Trump admin considers excluding it
Top Trump administration officials are arguing that it is misleading to include government spending in the quarterly tally of GDP. It sets up a clash between the administration and economists over how to calculate the broadest measure of economic activity.
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.
US government spending has not slowed under Trump so far, data shows
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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.
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.
Trump administration to exclude govt spending from GDP? Commerce secretary replies
The Commerce Department in its most recent GDP report, showed that the economy grew at an annual rate of 2.3% in the final three months of 2024
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 ...
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 ...
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 ...
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 ...
Intelligencer on MSN4d
Are Democrats Already Surrendering on Government Spending?
The minority party’s only leverage is to refuse to keep the government open without assurances that DOGE will be reined in.
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 Magazine20h
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 ...
Senate negotiators look at dueling options to avert government shutdown
Top appropriators are still in search of a deal to fund the government with 10 days until a shutdown deadline, as talk in the ...