The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic product.
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.
The Trump administration may exclude government spending from reported GDP figure, in attempt to hide the impact of DOGE cuts