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Trump's administration is warning government workers about a "fork in the road" in a memo offering buyouts. It's the same subject line Musk used in an email telling Twitter staff they had to be ...
Voters are voicing their support for the Trump administration’s efforts to clean up wasteful government spending, despite some Democrats protesting the actions. President Donald Trump and Tesla ...
Elon Musk has thrown down a $2 trillion gauntlet, claiming he can slash federal spending by that amount. While the billionaire's proclamations on X often generate more heat than light, one can ...
President-elect Donald Trump has floated establishing a “Department of Government Efficiency” to make steep cuts to the U.S. federal budget and appointing allies billionaire Elon Musk and ...
With a bulk of federal spending going toward Medicare, Medicaid, Social Security, and the defense budget, it is unclear how deeply DOGE will be able to make its desired cuts. (Trump has repeatedly ...
Here’s how Trump 2.0 can cut $20 billion in spending, wipe out Fauci’s leftover bloat — and save animals Nicole Malliotakis, Anthony Bellotti January 16, 2025 at 6:00 AM
The CBO estimated the impact of Trump's tax cuts and separate spending legislation over the 2018–2028 period in their annual "Budget & Economic Outlook", released in April 2018: CBO forecasts a stronger economy over the 2018–2019 periods than do many outside economists, blunting some of the deficit impact of the tax cuts and spending increases.
So Trump needs to come up with a lot of offsetting spending cuts. Killing the penny would bring in chump change, given that the mint spends only about $454 million per year making one-cent coins.