When two of US President Donald Trump’s top lieutenants issued a call to remove government spending from the nation’s most-watched gauge of economic growth, they waded into an old and fierce debate that goes far beyond statistics.
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The New Republic on MSNIt’s Kind of Fitting that Musk Now Wants to Cook the Books on GDPHeterodox economists have long criticized politicians’ maniacal obsession with GDP growth, pointing to its relatively recent creation as a measure of national accounts and its limits as a catch-all indicator of a country’s economic health.
Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry-picking data for political gain.
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Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic product.
The stock market dropped sharply in recent days as investors worried about the effects of new tariffs on Canada and Mexico by President Trump.
The agency plans changes that will make Elon Musk’s satellite-internet service eligible for more rural broadband funding.
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.
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
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Elon Musk joins Donald Trump's first White House cabinet meeting
Trump wants his Cabinet and Musk to play nice on DOGE cuts
This week, the president publicly lauded those efforts while privately trying to strike harmony between Musk and his Cabinet, which has been growing increasingly frustrated by the
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'Insane way to run a government': Inside Musk's clash with Trump's Cabinet
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