Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.
While 2024 was a record revenue year, it was also a record spending year; spending is growing faster. Read more here.
Elon Musk and Vivek Ramaswamy have set a laudable goal of cutting the federal budget by $2 trillion dollars. With the national debt at $36 trillion and last year’s deficit spending at $1.8 ...
Elon Musk is backing away from his campaign trail commitment to trim $2 trillion in government spending ... per year from the budget by focusing on “regulatory rescissions, administrative reductions ...
A congressional watchdog says it is again unable to determine if the federal government's financial statements are reliable.
Here’s a legacy that now-former President Biden failed to mention in his self-congratulatory farewell address last week: an exploding federal ... dollars in spending in the first year means ...
Sen. Rand Paul (R–Ky.) has released his annual Festivus Report, highlighting over $1 trillion in wasteful federal government spending. This year's report includes a $12 million pickleball ...
Many budget hawks have tried and failed to streamline the government and reduce gigantic annual deficits. Musk's efficiency ...
found that in fiscal year 2022, California's federal tax receipts per capita was $17,731 while its federal expenditures per capita, excluding temporary COVID-19 spending measures, was $14,492 ...
Elon Musk reiterated that the Department of Government Efficiency will try to cut $2 trillion from federal spending, but he said they may not reach that goal. “I think if we try for $2 trillion ...
Journal Editorial Report: It was great for 401(k) plans. But what else? Photo: Mark Hertzberg/Zuma Press Federal spending is out of control. In fiscal 2019, which ran from Oct. 1, 2018 ...