Taiwan needs to hike defense spending to 10% of GDP-Pentagon nominee
Taiwan needs to dramatically hike defense spending to around 10% of gross domestic product in order to deter a war with China ...
Trump Advisers Want to Strip Public Spending from the GDP Tally. Why It Makes No Sense.
Commerce Secretary Howard Lutnick floated the notion on Sunday of excluding government spending data from the overall ...
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 ...
Trump official floats new approach on GDP, as economy poised to slow sharply
Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry ...
Commerce Secretary’s Comments Raise Fears of Interference in Federal Data
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output ...
Marketplace18h
What if the U.S. just deleted government spending from GDP?
Government spending is tied up with consumer and business spending. Not reporting it as part of GDP would breach global accounting standards.
GDP tipped to grow at fastest pace since 2022 as exports jump
The economy is expected to have grown by 0.6 per cent in December thanks to higher state and federal government spending, ...
Bundesbank proposes debt reform that could add 220 bln euros to spending
Germany's central bank proposed on Tuesday a far-reaching reform of the country's constitutionally enshrined cap on borrowing ...
Belgium aims to hike defence spending to 2% of GDP this year, De Tijd reports
The Belgian government aims to accelerate defence spending by 4 billion euros ($4.2 billion) in the coming months, Belgian newspaper De Tijd reported, citing Prime Minister Bart De Wever.
New York Sun22h
Facing Dismal Economic Projections From Atlanta Fed, Commerce Secretary Proposes Major Change to GDP Reporting
The Atlanta branch of the Federal Reserve is now predicting that America’s GDP could decline by as much as 2.8 percent in the ...
We’ll slash public spending to hit higher defence target, hints Reeves
Britain will slash public expenditure to pay for an increase in defence spending, the Chancellor has suggested, as Britain ...
Driven by defence spending, global govt borrowing set to hit record $12.3 tn in 2025
Global government borrowing is projected to hit a record $12.3 trillion this year, driven by increased defence spending and ...