Articles for Trillion Federal

Elon Musk thinking of auditing US Federal Reserve calling for ‘greater scrutiny’
Trending News
1 month ago

Elon Musk thinking of auditing US Federal Reserve calling for ‘greater scrutiny’

Live Mint  

Tech billionaire Elon Musk said he is thinking of auditing the US Federal Reserve, after calling for greater scrutiny of the central bank in the past. Musk's cost-cutting program under the Department of Government Efficiency has swept through federal agencies since Donald Trump began his second term as president last month. Musk's DOGE team has also cancelled contracts worth about …

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Musk savagely trolls whining federal workers as attempts to seize highly-sensitive $5 TRILLION system hits major stumbling block in emergency court hearing challenging DOGE's power
1 month, 3 weeks ago

Musk savagely trolls whining federal workers as attempts to seize highly-sensitive $5 TRILLION system hits major stumbling block in emergency court hearing challenging DOGE's power

Daily Mail  

Elon Musk mercilessly mocked federal workers upset over DOGE's effort to transform multiple government agencies - even after the billionaire 'first buddy' suffered his first blow in an 11th-hour court showdown. Elon Musk mercilessly mocked federal workers upset over DOGE's effort to transform multiple government agencies - even after the billionaire 'first buddy' suffered his first blow in an 11th …

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Elon Musk Walks Back Vow To Find $2 Trillion In Wasteful Spending
2 months, 2 weeks ago

Elon Musk Walks Back Vow To Find $2 Trillion In Wasteful Spending

Huff Post  

LOADING ERROR LOADING Republican budget guru Elon Musk admitted Wednesday that his vision of $2 trillion in spending cuts is not very realistic. “I think if we try for $2 trillion, we’ve got a good shot at getting one.” It’s a notable retrenchment from Musk’s prior position. On the campaign trail in October, Musk said he could find “at least …

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There’s a rude awakening in store for the DOGE bros
3 months, 3 weeks ago

There’s a rude awakening in store for the DOGE bros

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. Much like President-elect Donald Trump’s “Department of Government Efficiency,” the advisory board led by entrepreneurs Elon Musk and Vivek Ramaswamy, the Grace Commission had no authority to implement changes, only to advise. “You can’t find any evidence that they changed the growth of the government one iota,” Douglas Holtz-Eakin, …

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Elon Musk Has New Idea For Donald Trump: Giant Budget Cuts
4 months, 3 weeks ago

Elon Musk Has New Idea For Donald Trump: Giant Budget Cuts

Huff Post  

LOADING ERROR LOADING During Donald Trump’s rally at Madison Square Garden on Sunday, campaign surrogate Elon Musk pitched an eyebrow-raising $2 trillion budget cut. Trump has promoted Musk as someone who could identify wasteful federal spending, but a $2 trillion cut would amount to almost a third of the budget and crush a range of popular programs ― especially if …

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US Congress passes $1.2 trillion funding bill to avert government shutdown
1 year ago

US Congress passes $1.2 trillion funding bill to avert government shutdown

Live Mint  

The US Congress approved a funding bill Saturday in a rare show of cross-party unity, keeping federal agencies running through September and averting a damaging partial government shutdown. Senators missed a midnight deadline to pass the $1.2 trillion package to keep the lights on in several key government agencies but voted in the early hours to pass a resolution that …

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Why we have a debt ceiling, and why this trip to the brink may be different
2 years, 2 months ago

Why we have a debt ceiling, and why this trip to the brink may be different

NPR  

Why we have a debt ceiling, and why this trip to the brink may be different Enlarge this image toggle caption J. Scott Applewhite/AP J. Scott Applewhite/AP Don't stop me, even if you've heard this one. But this time the House's new Republican majority is largely driven by a faction that says it will hold the debt limit vote as …

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Deficit figures set up competing visions from Biden and GOP
2 years, 5 months ago

Deficit figures set up competing visions from Biden and GOP

Associated Press  

This fiscal year’s budget deficit shrunk in half from last year, but the red ink soared on a monthly basis in September largely because of President Joe Biden’s plans to forgive student debt, as three decades’ worth of costs were compressed into a single month. The budget figures released Friday by the Treasury Department reveal dueling visions about what it …

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The $3.5 Trillion Democratic Spending Plan Isn't So Unprecedented. Here’s Why.
3 years, 5 months ago

The $3.5 Trillion Democratic Spending Plan Isn't So Unprecedented. Here’s Why.

Huff Post  

LOADING ERROR LOADING Democratic leaders in Congress are still a few votes short of what they need to pass legislation to advance President Joe Biden’s Build Back Better agenda, with a handful of members objecting to the proposal’s scope and, especially, its price tag. Although the bulk of the legislation’s proposals envision spending new money on human services like home …

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Trump's presidential legacy, by the numbers
4 years, 3 months ago

Trump's presidential legacy, by the numbers

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Presidential historians and others will plumb them as they assess President Donald Trump’s legacy …

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Ilhan Omar Pitches $1 Trillion For Green Public Housing
5 years, 4 months ago

Ilhan Omar Pitches $1 Trillion For Green Public Housing

Huff Post  

LOADING ERROR LOADING Rep. Ilhan Omar plans to propose a bill Thursday that would invest $1.2 trillion over the next decade in 12 million new, affordable rental units. Scott Heins via Getty Images The bill comes a week after Rep. Alexandria Ocasio-Cortez and Sen. Bernie Sanders released the so-called Green New Deal for Public Housing Act, a joint bill to …

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Trump administration unveils plan to sell 73 million acres in the Gulf of Mexico for oil and gas exploration
8 years ago

Trump administration unveils plan to sell 73 million acres in the Gulf of Mexico for oil and gas exploration

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump’s pledge to free America from dependence on foreign oil has accelerated after his …

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The Fed as Santa Claus
13 years, 7 months ago

The Fed as Santa Claus

The Hindu  

With the world’s attention focused on the debate over the debt ceiling in the US, some rather startling evidence released by the non-partisan Government Accountability Office attached to the US Congress went relatively unnoticed. Towards the end of 2010, once again ordered by Congress on the basis of the Frank-Dodd financial reform bill, the United Sates Federal Reserve had dumped …

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