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Treasury Department releases numbers on how much money the US government took in and paid out the previous one. You can get them straight from the source, or in simplified form at the Hamilton Project’s Tracking Federal Expenditures in Real Time site. What they show so far is that, despite all the noise from Washington about layoffs and canceled programs and other cutbacks, the federal government has been spending money faster since President Trump took office on Jan.

James Fishback, CEO of Azoria, has clarified who would be eligible for the proposed $5,000 DOGE Dividend stimulus checks. Speaking on Steve Ram’s podcast, Fishback explained, «If you file a federal income tax return—if you pay federal income tax, which is to say that you worked—you would receive a DOGE dividend check. That individual and their household would benefit from this payment.» The proposal seeks to use cost savings from the newly formed Department of Government Efficiency (DOGE) to provide direct payments to taxpayers. Backed by President Donald Trump and DOGE head Elon Musk, the initiative claims to reward working Americans by redistributing government savings.

Elon Musk's budget-cutting advisers to terminate leases that they say waste money. Musk's Department of Government Efficiency maintains a list of canceled real estate leases on its website, but internal documents obtained by The Associated Press contain a crucial detail: when those cancellations are expected to take effect. The documents from inside the General Services Administration, the US government's real estate manager, list dozens of federal office and building leases expected to end by June 30, with hundreds more slated over the coming months. The rapid pace of cancellations has raised alarms, with some agencies and lawmakers appealing to DOGE to exempt specific buildings. Several agencies are facing 20 or more lease cancellations in all, including the IRS, the Social Security Administration, the US Department of Agriculture and the US Geological Survey. Many of the terminations would affect agencies that aren't as well-known but oversee services critical to many Americans. They span from a Boise, Idaho, office of the Bureau of Reclamation — which oversees water supply and deals with disputes across the often-parched American West — to a Joliet, Illinois, outpost of the Railroad Retirement Board, which provides benefits for railroad workers and their survivors.

federal agencies. The order, issued by Judge Tanya Chutkan, follows a lawsuit from 14 Democratic state attorneys general challenging DOGE’s expansive authority under Musk, which they argue bypasses constitutional checks.

Health Secretary Wes Streeting confirmed plans to slash 9,000 roles from the 15,000-strong NHS England workforce, targeting hundreds of millions in savings by merging duplicated functions like communications and strategy teams. The decision reverses a 2012 Coalition-era restructuring, drawing cautious support from figures like Jeremy Hunt, though critics warn of potential disruptions to patient care. Recent resignations of NHS England’s chief executive and medical director preceded the overhaul, signaling internal turmoil.

Department of Government Efficiency (DOGE), launching a venture to address tech gaps left by mass layoffs and dissolved federal teams. Cuban, a vocal Trump critic, is funding startups led by former staffers from the General Services Administration (GSA) and White House tech units like 18F and the US Digital Service (USDS). These teams, once tasked with modernizing critical systems like Login.gov (used for Medicare and Social Security access), were gutted after being labeled “non-critical” by the Trump administration.

$5,000 stimulus checks in their bank accounts, because of the DOGE dividend proposal. The plan, which is being considered by the Trump administration, would give 20% of the savings from DOGE to taxpayers in the form of $5,000 checks, The Sun reported. Billionaire Elon Musk, the driving force behind DOGE, or the Department of Government Efficiency to reduce federal expenditure, has pledged to save US taxpayers $2 trillion, according to reports. The suggestion to return part of these savings to American consumers was initially brought forth by James Fishback, the CEO of investment firm Bay West Capital and has gained the attention of US president Donald Trump and Musk.

Anurag Singh, Managing Partner, Ansid Capital, says every company in the US market is beating the numbers on Q4, but they are giving a weaker or a very cautionary guidance and that is when the markets correct. All the revisions from the analysts and everything for Q1, Q2, the earning revisions are the projections that are being downgraded. It is not that the actual earnings are low, but the projections are. What is shaping up in the global markets and especially the US because there are recessionary fears. But other than that, it is the CPI data that is cooling off. Give us your reading and sense on where the US market is headed, taking cues from all of the macro data. Anurag Singh: CPI came in good and I am of the view that with the efficient cutting of government spending that this government is doing along with the DOGE effort, we have seen the peak of the inflation already. If there was one worry whether inflation will cool down or prove to be sticky, it is now reasonably sure that inflation is not a worry. The worry is moving more towards the recession side, but certainly not on the inflation side. So, on that front, the news is good but there is a whole set of worries that the market is now thinking about.

Introduced as part of broader government cost-cutting efforts, the idea has yet to gain firm ground in Congress, despite initial enthusiasm from some political quarters and the public.

Dan Ives has been Tesla's biggest cheerleader for years, but surprisingly even Ives has sounded the alarm over CEO Elon Musk's increasing forays into politics and other business interests appear to be hurting the company, according to a report.

Elon Musk in a high-profile event at the White House on Tuesday. The transaction took place on the South Lawn, where several Tesla models, including the Cybertruck, were on display. The President’s purchase was seen as an endorsement of Musk and his work, at a time when the billionaire is facing significant opposition. Trump, seated inside the Model X, admired the vehicle, stating, «That's beautiful.» He later pointed to the model and confirmed it as his choice. Musk, who also serves as the head of the Department of Government Efficiency (DOGE), showed the President around the vehicles, highlighting the Cybertruck’s bulletproof exterior. But experts warn the unusual presidential backing of a private company could backfire. “Tesla is becoming a political symbol of Trump and DOGE, and that is a bad thing for the brand,” said Wedbush Securities financial analyst Dan Ives, referring to the advisory group in charge of cutting government spending led by Musk. “You think it’s helping, but it’s actually hurting.”

U.S. Department of Education said on Tuesday it would lay off nearly half its staff, a possible precursor to closing altogether, as government agencies scrambled to meet President Donald Trump's deadline to submit plans for a second round of mass layoffs. The terminations are part of the department's «final mission,» it said in a press release, alluding to Trump's vow to eliminate the department, which oversees $1.6 trillion in college loans, enforces civil rights laws in schools and provides federal funding for needy districts. Asked on Fox News whether the firings would lead to the department's dismantling, Secretary of Education Linda McMahon said yes, adding that doing so «was the president's mandate.» The layoffs would leave the department with 2,183 workers, down from 4,133 when Trump took office in January. Before announcing the layoffs, the agency ordered offices in the Washington area closed to staff from Tuesday evening through Wednesday, according to an internal notice seen by Reuters. Similar closures served as a precursor to shuttering the headquarters of the U.S. Agency for International Development, the humanitarian aid agency, and the Consumer Financial Protection Bureau, which protects Americans against unscrupulous lenders.

White House meeting, Musk—who leads the Department of Government Efficiency (DOGE)—reportedly sparred with Secretary of State Marco Rubio and Transportation Secretary Sean Duffy over aggressive federal workforce cuts. Trump downplayed the disagreements, calling both Musk and his Cabinet “special people” and suggesting occasional arguments were normal in a high-stakes administration.

Donald Trump has asked his former chief strategist, Steve Bannon, to stop his public assaults on billionaire Elon Musk and broker a private meeting between the two, as per a report.

Department of Government Efficiency (DOGE) has deactivated over 200,000 federal government credit cards that were found to be unused or unnecessary across more than a dozen agencies. The move is part of DOGE’s ongoing mission, spearheaded by Elon Musk, to address fraud, waste, and corruption within the federal system.

Tesla CEO Elon Musk seemed to be visibly uncomfortable and almost close to tears during a Fox News interview when questioned about the performance of his businesses. Musk told Fox Business that he was running so many businesses 'with great difficulty' as shares of his automotive company Tesla suffered their worst drop in a half-decade and as his social media firm X experienced several outages. Musk also said during an interview on Fox Business that he expected to remain in the Trump administration for another year. Musk's company Tesla, his electric vehicle company, experienced a significant drop in share prices and a global decline in sales. The company's shares have tanked by 15.4 precent, marking its steepest fall since September 2020. ALSO READ: Eliminated 25 years ago, this highly contagious viral illness is on the rise in US: Check its symptoms

Elon Musk has spilled beans on why his team targeted the United States Agency for International Development (USAID). In an interview with Fox Business, Musk said the strategy was to «follow the money» and challenge what he saw as significant financial waste and corruption. Musk previously claimed that the aid agency is «a criminal organization» and that Trump has agreed to «shut it down». Trump had posted on his Truth Social page on Friday that USAID's spending «IS TOTALLY UNEXPLAINABLE… CLOSE IT DOWN!»

federal agencies. The pair also joined forces on social media to push back against criticism of US support for Ukraine. Musk claimed his Starlink satellite internet system was critical to Ukraine’s military operations, suggesting the front lines would collapse without it. Polish Foreign Minister Radosław Sikorski criticized Musk’s remarks as a veiled threat, noting Poland pays millions annually for Starlink services in Ukraine and warned of seeking alternatives if SpaceX became unreliable. Rubio quickly defended Musk, denying any threats to cut Ukraine’s access and praising Starlink as vital to Ukraine’s survival in the war.

IKEA flatpacks which are affordable, easy-to-assemble furniture kits, in order to build makeshift bedrooms inside federal office buildings, that they are trying to dismantle in the first place. This comes as they work to shrink the same government agencies they’re temporarily living in, according to recent Politico report. DOGE has fired several federal workers and canceled their contracts, and pushed to reduce government property in just a few weeks. But while slashing costs, employees aren’t skimping on sleep. At least four rooms on the 6th floor of the General Services Administration (GSA) building have been turned into sleeping spaces, complete with IKEA beds, lamps, and dressers, two employees told Politico.

Marco Rubio and billionaire Elon Musk exchanged sharp words over recent staffing cuts in the federal government during a recent cabinet meeting at the White House, as per reports.

Donald Trump has firmly denied reports of a heated exchange between billionaire Elon Musk and Secretary of State Marco Rubio during a recent closed-door Cabinet meeting. Speaking to reporters, Trump claimed that the meeting was «completely harmonious» and dismissed any allegations of a confrontation. However, sources indicate that Musk and Rubio had a tense discussion regarding the operations of the Department of Government Efficiency (DOGE), which Musk leads.