Search results
Results From The WOW.Com Content Network
Aside from lopping off entire agencies, here are some examples of controversial federal spending that, based on Musk and Ramaswamy’s recent comments, could be in the line of fire for coming cuts:
Critics harped on Musk’s America Super PAC identifying interest payments on the national debt as an example of wasteful spending in 2023. “Early reviews are not good. I read his 12-point ...
Other examples Paul cited as wasteful spending include the U.S. Department of the Interior spending $12 million on a Las Vegas pickleball complex and more than $720,000 on wetland conservation ...
The United States federal budget for fiscal year 2023 ran from October 1, 2022, to September 30, 2023. The government was initially funded through a series of three temporary continuing resolutions. The final funding package was passed as an omnibus spending bill, the Consolidated Appropriations Act, 2023.
Between 2010 and 2023, the federal government saved an estimated $600 billion simply by implementing GAO recommendations, some of which are as simple and common-sense as improved documentation and ...
Donald Trump said the body would help to "dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures and restructure federal agencies". He also stated that DOGE will work with the Office of Management and Budget to address what he called "massive waste and fraud" in government spending. [43]
On January 19, 2023, the United States hit its debt ceiling, leading to a debt-ceiling crisis, part of an ongoing political debate within Congress about federal government spending and the national debt that the U.S. government accrues. [1] [2] In response, Janet Yellen, the secretary of the treasury, began enacting temporary "extraordinary ...
In January 2020, the Congressional Budget Office projected that government spending in FY 2025 would total $5.8 trillion—about $1 trillion less than what the government actually spent in 2024.