Treasury Secretary nominee warns against increased government spending and not extending Trump tax cuts, citing concerns of an economic crisis. Tech billionaire Elon Musk criticizes alleged “fraudulent” Treasury payments and reports that the Department of Government Efficiency has access to the federal payment system. The Department of Government Efficiency, led by Musk, reportedly saved over $1 billion by canceling federal contracts and gaining access to the payment system, causing controversy and clashes within the Treasury Department.
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Kevin Hassett says if Senate finds Medicare abuse, then “we would look at it” in Trump bill
Kevin Hassett, director of the White House National Economic Council, clarified that the Trump administration is not targeting Medicare in its budget proposal but is open to addressing any identified fraud or abuse. He dismissed claims of Medicare cuts as "fake news," while Senate Republicans work on the House-passed budget bill, which includes significant tax cuts and changes to Medicaid. Some GOP senators express concerns over the Medicaid provisions, highlighting the need for careful negotiation...
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