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‘America is going bankrupt’: Elon Musk issues a warning as interest on US debt was equal to 76% of income tax collected in June — and is expected to exceed $1.14 trillion this year.
Musk added his own stark commentary: “America is going bankrupt btw.” Musk’s warnings are rooted in a troubling reality. The U.S. national debt stands at $35.3 trillion — and continues to ...
WASHINGTON – Elon Musk and Vivek Ramaswamy are urging lawmakers not to pass a government funding extension that would prevent a major shutdown at the end of the week. "This bill should not pass ...
Elon Musk's lack of influence was demonstrated,” said Rep. Jim Himes, D-Conn.Rep. Ami Bera, D-Calif., touted some of the wins in the bill including disaster aid.House Minority Leader Hakeem ...
Namely: This week, the duo told Congress that through their advisory board, the Department of Government Efficiency (DOGE), they’ll reduce “government waste” by $2 trillion.
The rising odds of a shutdown came after a deal to avert a government stoppage fell apart dramatically on Wednesday afternoon amid opposition from Elon Musk followed by President-elect Donald Trump.
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In a joint letter released last week, 23 Nobel Memorial Prize-winning economists warned that Trump’s plans for tariffs, tax cuts and an immigration crackdown — including detaining and ...