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Elon Musk trims goal for federal spending cuts
Musk acknowledges $2 trillion spending cut goal a long shot
Elon Musk, who U.S. President-elect Donald Trump has tapped to oversee a government cost-cutting effort, acknowledged that his declared goal of cutting $2 trillion in spending from the $6.8 trillion federal budget would be a long shot.
Musk Says DOGE’s Goal to Cut $2 Trillion in Spending Is ‘Best-Case Outcome’
The billionaire CEO of Tesla says there is a good shot of cutting at least $1 trillion from federal government expenditures.
Elon Musk Backtracks on $2 Trillion DOGE Budget-Cutting Ambition
Elon Musk has backtracked on his earlier goal of cutting $2 trillion from the federal budget. In a live interview on X, formerly Twitter, with Stagwell CEO Mark Penn on Wednesday, Musk said slashing $2 trillion from the budget would be "the best-case outcome,
Japan Nov. household spending falls
Japan November household spending falls as price pressures persist
By Satoshi Sugiyama TOKYO (Reuters) -Japanese household spending fell at a slower pace than expected in November, government data showed on Friday, but the broader consumption trend remained soft, weighed by higher prices.
Japan Household Spending Slips 0.4% On Year In November
The average of household spending in Japan was down 0.4 percent on year in November, the Ministry of Internal Affairs and
Japan’s Household Spending Falls for Fourth Month
Japan’s households cut consumption for a fourth month as inflation continues to weigh on their purchasing power, showing an economic fragility that’s likely to keep the Bank of Japan cautious about additional rate hikes.
3h
on MSN
We're seeing rebound in retail spending & experiences, says BofA's Liz Everett Krisberg
Liz Everett Krisberg, head of Bank of America Institute, joins CNBC's 'Squawk Box' to discuss outlooks on the consumer.
16h
Gov.-elect Bob Ferguson proposes $4B in reduced spending to help narrow WA’s budget gap
The state is grappling with a projected budget shortfall of $10 billion to $12 billion over the next four years.
2d
on MSN
What to know about DOGE and its quest to slash government waste, spending
Proponents of the Department of Government (DOGE) say that it will work with Congress to slash up to $2 trillion in ...
6h
on MSN
Analysis-NATO won't back Trump's new defence spending target but will raise its sights
NATO won't heed Donald Trump’s proposal for a massive hike in defence spending but will likely agree to go beyond its current ...
21h
Ferguson opposes wealth tax, calls for spending cuts, but boost for K-12
Gov.-elect Bob Ferguson’s budget proposal diverges from the spending increases proposed by outgoing Gov. Jay Inslee.
Mises Institute
2d
Politicians Won’t Solve Our Spending Problem Unless We Make Them
Mike Johnson promised drastic spending cuts in his House address last Friday. But, as Thomas Massie pointed out, Johnson's ...
18h
on MSN
Gov. Tina Kotek’s office dinged for ‘minor’ spending on catered party, concert tickets that may have broken ethics rules
The biggest single item was a fancy catered buffet at the governor’s mansion for employees from the governor’s office, the ...
Mediaite on MSN
5h
Joe Scarborough Blames ‘Slashed’ Spending For LA ‘Hellscape’: ‘Complete Failure Of Government’
Scarborough blamed “slashed” infrastructure spending for the “complete failure of government to protect” the homes of LA residents from wildfires this week.
1d
India's TCS counts on Trump to boost US client spending
India’s No. 1 software services exporter Tata Consultancy Services (TCS) said on Thursday it is betting on Donald Trump's ...
3d
Mind the Gap: Cloud Spending is Perplexing CFOs
Cloud spending confusion is rising among CFOs. Learn how FinOps, automation, and AI-powered solutions can improve cost ...
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Elon Musk
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