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 ...
As economist Hanno Lustig of Stanford University rightly noted on X, "Right now, with the 10 year US Treasury yield trading well above 4.5% and the federal government spending roughly the equivalent ...
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 ...
Elon Musk is backing away from his campaign trail commitment to trim $2 trillion in government spending ... they planned to cut $500 billion per year from the budget by focusing on “regulatory ...
A congressional watchdog says it is again unable to determine if the federal government's financial statements are reliable.
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 ...
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 ...