Search results
Results from the WOW.Com Content Network
Further, an across-the-board 5% cut in all federal discretionary spending would be supported by 57%; this category is about 30% of federal spending. Only 26% favored tax increases on the middle class and only 23% favored reducing the growth rate in entitlements, such as Social Security. [147] [148]
All of the government’s discretionary spending, which amounts to 30% of the federal budget and includes defense spending that Republicans do not want to cut, doesn’t hit the $2 trillion price ...
Across-the-Board Spending Cuts, a package of three separate bills that would require federal agencies to cut non-security discretionary spending by 1%, 2%, or 5%, beginning in fiscal year 2026.
Donald Trump said the body would help to "dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures and restructure federal agencies". He also stated that Musk and Ramaswamy will work with the Office of Management and Budget to address what he called "massive waste and fraud" in government spending. [30]
Also, 3.5% of federal spending is on veterans benefits. ... costs on entitlement programs could be politically unpopular as the incoming Trump administration says they want to cut $2 trillion from ...
President-elect Donald Trump’s plan to use an outside advisory committee led by Elon Musk and Vivek Ramaswamy to cut federal spending is raising eyebrows among ethics-law experts who say its ...
Although Trump has said little about how this group would operate, Musk previously set an ambitious goal of cutting $2 trillion of federal spending. Musk, the world's richest person, will head the ...
Military spending fell in the 1990s, but increased markedly in the 2000s as a result of the War in Afghanistan and Iraq. Military spending was cut slightly during the Obama administration, but the Trump administration planned to ramp up military spending to combat ISIL. National defense spending was expected to be $678 billion in 2019, an ...