Three on Thursday - Is There Room to Cut? Examining Federal Spending Part 1
Supporting Image for Blog Post

 

With the election now behind us, attention turns to Trump’s campaign promises, especially the pledge to reduce the size of government. One of his newly appointed advisors, Elon Musk, has proposed the ambitious goal of cutting at least $2 trillion from the federal budget, aiming to bring greater efficiency to government operations. While Musk’s track record of innovation and cost cutting suggests he might be up to the challenge, reducing nearly a third of federal spending will neither be easy or universally popular. In this edition of “Three on Thursday”, we take a broad look at federal spending. 

Click here to view the report

Posted on Thursday, November 14, 2024 @ 12:53 PM

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.