Elon Musk: Mammoth spending bills are bankrupting America… Rand Paul: The math doesn’t add up. I’m not supporting a bill that increases the debt by $5T.

It took over 200 years for the U.S. debt to reach $12 trillion. $12 trillion is how much we added in 4 years between 2020 and 2024. We need to reign things in and get spending under control. pic.twitter.com/Y441OQNQcj — The Rabbit Hole (@TheRabbitHole) June 3, 2025 This immense level of overspending will drive America …

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CrowdStrike drops 6.7% on weak Q2 forecast amid soft tech spending

(Reuters) -CrowdStrike forecast second-quarter revenue below Wall Street estimates, signaling soft enterprise spending on cybersecurity products, sending the company’s shares down 6.7% after the bell on Tuesday. Higher interest rates and sticky inflation have forced clients to rein in tech spending, weighing on demand for companies such as CrowdStrike, despite an increasing need for robust …

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FTC offers simple budget fix for overworked households, printable sheet saves hours and prevents spending confusion

Budgeting is not hard. Finding a decent, honest budgeting sheet is. Most people searching for one end up on some sketchy website. Popups asking for your email. Templates that promise ease but deliver blank boxes and confusion. Some cost money. Some come with trackers. Others bury you in categories you don’t even need. So what …

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Computer gear makes largest GDP impact ever recorded, spending spike stuns sharper than 1990s buildup, electricity crisis looms

Remarkable chart. Spending on computer equipment just made its largest contribution to GDP on record in the most recent quarter. Unlike the steady buildup we saw in the 1990s, this time we’re seeing a sharp, sudden surge. I don't think the world is prepared for the surge in… pic.twitter.com/oe8pzP6CuB — Otavio (Tavi) Costa (@TaviCosta) May …

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Personal spending revised down by 1/3rd to lowest level in years. Net exports see sharpest drop on record. Inventory surge bolstered the number.

What The Headline GDP Number Doesn’t Show byu/stockpreacher instockpreacher BREAKING: US goods imports fall -19.8% in April as President Trump's "reciprocal tariffs" effectively halted trade with many countries. This marks the largest drop in history for US goods imports. — The Kobeissi Letter (@KobeissiLetter) May 30, 2025 “There was always concern that it would be …

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Elon Musk: “I was disappointed to see the spending bill, frankly. It actually increases the deficit, not decreases it.“

"I think a bill can be big or it could be beautiful. But I don't know if it could be both." Tech billionaire Elon Musk tells CBS Sunday Morning's @Pogue he was "disappointed" to see the Trump-backed "big beautiful" spending bill, which passed in the House last week. Musk said… pic.twitter.com/LUcuTaNYrs — CBS Sunday Morning …

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DeSantis slams Congress for failing to implement DOGE spending cuts; Rand Paul warns of $36.9 trillion debt crisis; Rick Scott rejects spending bill, demands deeper budget cuts

Governor Ron DeSantis is calling out Congress for failing to implement spending cuts identified by Elon Musk’s Department of Government Efficiency (DOGE). The initiative was designed to slash wasteful spending, but lawmakers have yet to act. 🇺🇸 GOV. RON DESANTIS: NOT ONE CENT IN DOGE CUTS, CONGRESS FAILED "A trillion-dollar deficit is a tax on …

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DOE gave away $93 billion in 76 days no oversight funds vanished, amount exceeds 15 years combined spending in historic giveaway

HOLY CR*P 🚨 Democrats laundered SO MUCH MONEY before Donald Trump took office In the 76 day period between Trump winning and Biden leaving office $93 billion was sent from the DOE, who GAVE IT AWAY WITH NO OVERSIGHT, TO ENTITIES WITH NO FINANCIALS “The 76-day period you're… pic.twitter.com/onZaRkPNRn — Wall Street Apes (@WallStreetApes) May …

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Debt bomb explodes, home sales collapse, Treasury yields spike as spending bill passes

The House has narrowly passed a sweeping Republican-backed spending bill, marking one of the most significant fiscal moves in recent history. The legislation, championed by President Trump and Speaker Mike Johnson, extends the 2017 tax cuts, injects billions into defense and border security, and slashes funding for Medicaid and clean energy programs. The bill’s passage …

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They don’t know the sovereign debt bubble just burst, $4.1B bought then wrecked. Forget downgrades we double down deficit spending!

Gold holders this weekend. pic.twitter.com/YKoPZQQhST — Parallel Mike (@parallel_mike) May 22, 2025 This $4.1 billion in buys was on Monday and they have been REKT ever since. lol https://t.co/XecPYJmCyL — QE Infinity (@StealthQE4) May 22, 2025 Worse.Worsened.Worsening. https://t.co/4nEsFQVLdG pic.twitter.com/3HK1ZogNRR — The Great Martis (@great_martis) May 22, 2025 FUCK YOUR DOWNGRADES – WE’RE GONNA DOUBLE DEFICIT …

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House votes tonight on tax bill, Medicaid cuts and defense spending surge

“This will add $20,000,000,000,000 to the debt over the next 10 years.” – Republican Thomas Massie Massie is the only one being honest. And Rand Paul. pic.twitter.com/MFcgC6F5nc — Spencer Hakimian (@SpencerHakimian) May 21, 2025 The House is set to vote tonight on a sweeping tax bill that could reshape the financial landscape for millions of …

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Elon Musk says he’s pulling back from future political donations: “I think I’ve done enough…If I see a reason to do political spending in the future, I will do it. I don’t currently see a reason.”

🚨BREAKING: Elon Musk says he’s pulling back from future political donations: “I think I've done enough…If I see a reason to do political spending in the future, I will do it. I don't currently see a reason." pic.twitter.com/sQSpslMZZB — Republicans against Trump (@RpsAgainstTrump) May 20, 2025 DOGE: Elon Musk made it pretty clear he won't …

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More families across all age groups and income levels are cutting back on essential spending like food and medical care

This trend, especially the big jump among those earning $70,000 to $149,999, suggests people are feeling the pinch of tighter finances, which could signal broader economic stress and potentially slow down growth if spending keeps dropping. Big Short 2 coming ? pic.twitter.com/TFC4M17Yuy — Simon R.R.B (@BachSimon) May 20, 2025 Translation: The middle class is going …

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“Consumer spending is strong”… Well, you see, they’re not actually PAYING…

“Consumer spending is strong” Well, you see, they’re not actually PAYING… — Amy Nixon (@texasrunnerDFW) May 19, 2025 Nails it: The consumer is tapped out: Like more so than any period in history Anyone got some answers? pic.twitter.com/C53VyxwSxY — QE Infinity (@StealthQE4) May 20, 2025 Consumer sentiment on employment at weakest level since 2008 per …

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DOGE Spending Cuts CANCELLED By Republican Leadership!

House Republican leaders tentatively planned to vote on President Trump’s rescission package during the week of May 5, 2025. The package includes $9.3 billion in cuts to the State Department, NPR, PBS, and other areas, with the majority of the cuts focused on foreign aid, totaling roughly $8 billion. The vote was part of a …

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There’s been no sign that US government spending is slowing

There's been no sign that government spending is slowing. If anything it's growing. pic.twitter.com/y88N4uPh8T — Markets & Mayhem (@Mayhem4Markets) May 6, 2025 Trump assured there won't be cuts to Medicare, Medicaid, or Social Security. He said the only government spending cuts he would not veto are for waste, fraud, and abuse, as nobody minds that. …

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Spending slows down, layoffs speed up. Bonds are setting up the ultimate catch-up trade. All the hard data that feeds bonds is looking great (oil prices, housing data, growth data).

And now, it is showing up in the hard data. Credit card transactions began falling in a highly unseasonal manner in the last week of April. Spending slows down, layoffs speed up. It’s just that simple. pic.twitter.com/I7zBVDie5u — Spencer Hakimian (@SpencerHakimian) May 5, 2025 Bonds are setting up the ultimate catch-up trade. All the hard …

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House Republicans MASSIVELY Increase Military Spending Bill

Bankruptcy: House Republicans MASSIVELY Increase Military Spending Bill House Republicans have stepped up to Donald Trump's plate just weeks after Trump announced a trillion dollar military budget for the first time. Mike Johnson's House Republicans ADDED another $150 billion to… pic.twitter.com/LjtIbe1vWi — Ron Paul (@RonPaul) April 30, 2025

Consumer pessimism triples in two months. Gen Z abandons doom spending orders Happy Meals seeks free therapy

US consumers are getting even more pessimistic about the stock market: A record 12% of Americans see no chance that stocks will increase over the next 12 months, according to a UMich survey. This percentage has tripled over the last 2 months. It has also surpassed previous peaks seen near 2022, 2009, and 2022 market …

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IMF says tariff revenue will reduce U.S. deficit from $2.6 trillion to $2.3 trillion — We need spending cuts, congress. Notice the final paragraph, bond market vigilantes will punish U.S. Treasuries.

The IMF projects the overall U.S. federal deficit will dip to 6.5% of gross domestic product this year, down from 7.3% in 2024 The multinational fund cited increased tariff revenues for the decline The IMF highlighted uncertainty surrounding the rollout of higher tariffs and potential revenue increases The International Monetary Fund forecasts U.S. tariffs will …

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Despite DOGE, gov. spending under Trump vs. Biden up $154 billion this year

Federal spending is higher since President Trump took office even as the Department of Government Efficiency slashes contracts, cuts jobs and ends diversity programs. A Wall Street Journal analysis of daily financial statements issued by the Treasury Department found government spending since the inauguration is $154 billion more than in the same period in 2024 …

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