Government Spending

The Trump administration is releasing its "skinny" budget blueprint outlining its fiscal priorities, which will include a focus on boosting the defense budget.

Billionaire Elon Musk said the Department of Government Efficiency needs to examine the Federal Reserve's spending amid its cost-cutting push across the federal government.

Tesla generated $13.97 billion in automotive revenue in the first three months of 2025, marking a drop of nearly 20% from the same quarter last year.

Allianz economists are forecasting that the unemployment will rise to 5% by early 2026, though mass layoffs aren't expected as inflation raises consumer prices due to Trump's tariffs.

A federal judge temporarily halted the mass firings of nearly 1,500 workers at the CFPB on Friday following notices they received on Thursday advising them of their dismissals

A new report by the conservative group Unleash Prosperity calls for an end to federal funding for the California high-speed rail project due to cost overruns.

The National Association of Manufacturers sent 10 federal agencies details on 44 regulations it recommends President Donald Trump should revise or rescind.

About 20,000 workers at the IRS have expressed interest in buyout offers extended by the Trump administration as part of its plan to shrink the agency.

The Social Security Administration launched tools that will "identify suspicious activity in telephone claims by analyzing patterns and anomalies within a person’s account."

California Republican lawmakers in Congress are calling on the Department of Justice and the Department of Education to investigate fake community college applications.

The Department of Government Efficiency (DOGE) uncovered tens of thousands of unemployment claims for claimants with improbably high or low ages, which the Labor Department confirmed.

The Senate confirmed pro-cryptocurrency attorney Paul Atkins as President Donald Trump's new chairman of the Securities and Exchange Commission.

Data from the Bureau of Economic Analysis showed that private wage growth in January and February was outpaced by rising spending from government social programs such as Medicaid.

Sen. Mike Lee and Rep. Ben Cline are pushing a measure to block government employees from participating in union-related activities on official time.

The Congressional Budget Office's long-term budget outlook shows deficits widening in the years ahead, driven primarily by spending on Social Security, Medicare and interest expenses.

DOGE, which is led by Elon Musk, arrived at U.S. Peace Corps headquarters, suggesting it could be the latest target of efforts to downsize the federal workforce.

Vice President JD Vance on Thursday gave a wide-ranging interview on "FOX & Friends," including touching on the economy and the Department of Government Efficiency's efforts.

U.S. employers announced the third-most monthly layoffs on record in March, as Elon Musk's Department of Government Efficiency (DOGE) continued its efforts to cut the federal workforce.

Tesla’s stock jumped Wednesday on a report that the electric vehicle maker’s CEO, Elon Musk, may exit President Donald Trump's Department of Government Efficiency.

Republicans are waiting for news from the Senate's parliamentarian about whether they can use a current policy baseline for their tax-cut package and comply with reconciliation rules.