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The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts

Commerce Secretary Howard Lutnick said Sunday that government spending could be separated from gross domestic product reports, in response to questions about whether the spending cuts pushed by Elon Musk’s Department of Government Efficiency could possibly cause an economic downturn.

Doing so could potentially complicate or distort a fundamental measure of the U.S. economy’s health.

United States | News & Politics @midwest.social

The Trump administration may exclude government spending from reported GDP figure, in attempt to hide the impact of DOGE cuts

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Economics @lemmy.world

The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts

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Finance @thelemmy.club

The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts

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