Reported 8 days ago
President-elect Donald Trump has chosen Elon Musk and Vivek Ramaswamy to head the newly established Department of Government Efficiency (DOGE), aiming to reduce government spending and address the growing deficit. Yahoo Finance's Julie Hyman discusses key federal spending areas like Medicare and Social Security, while examining the implications of the increasing debt-to-GDP ratio on the economy amidst rising calls for fiscal restraint.
Source: YAHOO