In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says that President Trump made clear to his Cabinet that Elon Musk is “a partner” in deciding who and what will be cut from their departments.
Sen. Elizabeth Warren (D-Mass.) on Monday questioned Secretary of Commerce Howard Lutnick over the access tech billionaire Elon Musk’s Department of Government Efficiency (DOGE) has to his competitors and business partners.
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.
Commerce Secretary Howard Lutnick plans to make an internet infrastructure investment program “technology-neutral,” according to The Wall Street Journal, meaning Elon Musk’s Starlink could more easily benefit.
The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
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.
Elon Musk’s Starlink could receive up to $20 billion in government funding if the Commerce Department goes ahead with plans to rip up the rule book on rural broadband contracts, according to the Wall Street Journal.
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The New Republic on MSNIt’s Kind of Fitting That Musk Now Wants to Cook the Books on GDPHeterodox economists have long criticized politicians’ maniacal obsession with GDP growth, pointing to its relatively recent creation as a measure of national accounts and its limits as a catch-all indicator of a country’s economic health.
Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry-picking data for political gain.
Under new rules from President Trump’s Commerce Department, a $42 billion high-speed internet effort will no longer favor fiber-optic cable.
The agency plans changes that will make Elon Musk’s satellite-internet service eligible for more rural broadband funding.
Howard Lutnick's remarks came in response to concerns over whether the spending cuts advocated by Elon Musk's Department of Government Efficiency (DOGE) might lead to a recession.
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