The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
Economy And Jobs,GDP,DOGE,Federal Government,Federal Spending
From the Left
AllSides Media Bias Rating: Lean Left
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.
“You know that governments historically have messed with GDP,” Lutnick said on Fox News Channel’s “Sunday Morning Futures.” “They count government spending as part of GDP. So I’m going to separate those two and make it transparent.”
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