Reported 10 days ago
President-elect Donald Trump's new initiative, the 'Department of Government Efficiency (DOGE)', aims to reduce federal spending by up to $2 trillion, with key figures like Elon Musk and Vivek Ramaswamy at the helm. This article explores how such significant budget cuts could affect the US GDP and the economy overall, featuring insights from experts including Citi's chief US economist Andrew Hollenhorst on congressional attitudes towards these proposed changes.
Source: YAHOO