https://www.taxtmi.com/news?id=35829 Proposal to separate government spending from GDP reporting would change the methodological basis for a core economic indicator by reporting GDP with and without government expenditures. The change, justified as transparency, would recharacterise the fiscal contribution of defense procurement, Social Security, Medicare, Medicaid and benefits to measured growth and could obscure the macroeconomic effects of federal downsizing and program cuts, complicating policy comparisons and signals used for monetary and fiscal decisions. en-us Mon, 03 Mar 2025 03:01:04 +0530 Mon, 03 Mar 2025 03:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35829 Proposal to separate government spending from GDP reporting would change the methodological basis for a core economic indicator by reporting GDP with and without government expenditures. The change, justified as transparency, would recharacterise the fiscal contribution of defense procurement, Social Security, Medicare, Medicaid and benefits to measured growth and could obscure the macroeconomic effects of federal downsizing and program cuts, complicating policy comparisons and signals used for monetary and fiscal decisions. News - Mon, 03 Mar 2025 03:01:04 +0530 https://www.taxtmi.com/news?id=35829