Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic ...

U.S. Commerce Secretary Howard Lutnick said on Sunday he would strip out government spending from the gross domestic product ...

Congress has less than two weeks to extend a federal funding deadline, but lawmakers are arguing over whether the White House ...

Social Security remains one of the largest federal spending categories, while net interest on the national debt is the ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

The executive order directs agencies to build centralized tech systems to “record every payment” issued under grants and ...

President Donald Trump's plan to establish a strategic U.S. crypto reserve has sparked a backlash among his crypto allies.

Republicans are working frantically to pass a continuing resolution to fund the federal government to prevent a government ...

Government spending is tied up with consumer and business spending. Not reporting it as part of GDP would breach global accounting standards.

Government spending makes up 6% of total gross domestic product. And besides, spending cuts come with economic ripple effects ...

A new analysis shows that the top 10% of earners are behind almost half of all consumer spending, which is almost 70% of GDP.