• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

He works two hours a month to make six figures a year — why he says ditching the 9-to-5 is ‘the ultimate power’

July 13, 2026

Tributes Pour in for New Zealand Actor Sam Neill, a Look at His Life and Career

July 13, 2026

Iran Ceasefire is Over, But Talks to Continue

July 13, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Monday, July 13
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Texas Hispanics swung hard to Trump. A new poll shows they’re furious at his deportations.

    July 12, 2026

    The high-stakes, battleground Senate race that no one is talking about

    July 12, 2026

    Lindsey Graham’s Passing Is Another Stage In The Death Of Trumpism

    July 12, 2026

    How ICE melted from view at the World Cup

    July 12, 2026

    The secret to becoming a sporting superpower

    July 12, 2026
  • Health

    Lindsey Graham Cause Of Death, Aortic Dissection. An ER Doc Explains

    July 13, 2026

    Supporting Science Is An Act Of Patriotism

    July 13, 2026

    AAIC 2026: Researchers focus on tau, target blood-brain barrier

    July 12, 2026

    Lindsey Graham’s Sudden Death Sparks Questions About Cardiac Arrest

    July 12, 2026

    July 13 Is Deadline To Comment On New Trump OMB Rule That Shifts Power

    July 12, 2026
  • World

    Iran Ceasefire is Over, But Talks to Continue

    July 13, 2026

    Texas Man Gets 40 Years for Leading Violent Online Child Exploitation Ring

    July 13, 2026

    Colombia’s Incoming Conservative Admin to Close Its Embassy in Cuba

    July 13, 2026

    Iran Reports New Attacks On Military Targets On Its Largest Island Near The Strait Of Hormuz

    July 13, 2026

    Factory Fire in ‘Shoe Capital’ City Kills at Least 28

    July 13, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    He works two hours a month to make six figures a year — why he says ditching the 9-to-5 is ‘the ultimate power’

    July 13, 2026

    Mark Cuban has strong words on AI companies and job losses

    July 13, 2026

    Spectrum makes significant decision as customer losses mount

    July 13, 2026

    Costco and Walmart capture grocery-store crowns

    July 13, 2026

    Leading energy company files for bankruptcy

    July 13, 2026
  • Tech

    LAPD Cuts Ties with License-Plate Camera Vendor over ‘Who Owns the Data’

    July 12, 2026

    Apple Lawsuit Accuses OpenAI of Stealing Trade Secrets in Massive Scheme

    July 11, 2026

    Bloomberg Claims Startup Co-Founded by Bill Gates’ Daughter Cheats on Sales Credit

    July 11, 2026

    Nobel Prize-Winning Chemist Leaves U.S. to Join Chinese AI Project

    July 11, 2026

    European Commission Finds Meta Violated Digital Services Act with Addictive Design Features

    July 11, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»DC Economy Takes Gut Punch As Trump Takes Shears To Federal Bureaucracy
Business

DC Economy Takes Gut Punch As Trump Takes Shears To Federal Bureaucracy

May 14, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
DC Economy Takes Gut Punch As Trump Takes Shears To Federal Bureaucracy
Share
Facebook Twitter LinkedIn Pinterest Email

President Donald Trump’s federal cuts are making a dent in the government-driven economy of Washington, D.C., Axios reported Tuesday.

Since taking office, the Trump administration has focused on making sweeping cuts to the size and scope of government through initiatives like the Department of Government Efficiency (DOGE). The administration’s push to cut federal largesse is contributing to an economic slowdown in the Washington metropolitan area that Axios described as the “DOGE recession.”

Indicators of a local economic contraction include city statistics showing a year-over-year increase in the city’s unemployment rate by 12.2% in February, and a decrease in spending at big retailers, as shown by credit card data obtained by the Washington Post. (RELATED: Trump Seeks ‘Transformative’ Spending Cuts In First Budget Request Of Second Term)

As a result of the Trump administration’s cuts, residential building permits in the area have dropped 33%, and the D.C. chief financial officer anticipates a 1.9% contraction in the city’s economy, Axios reported.

In Washington, the city with the highest proportion of its workforce employed by the federal government in the country, the outlet reported that nearly 80% of residents believe the cuts to federal programs and jobs will hurt the local economy.

NEW YORK, NEW YORK – APRIL 22: Members of the climate protest group, Extinction Rebellion, spray paint anti-DOGE messages on the outside of a Tesla showroom on April 22, 2025 in New York City. There has been an increased number of incidents of vandalism targeting Tesla property and against Elon Musk, Tesla’s owner and a key figure of the Department of Government Efficiency (DOGE). The Federal Bureau of Investigation (FBI) and the Attorney General Pam Bondi have labeled the vandalism as domestic terrorism. Extinction Rebellion’s action coincides with Earth Day. (Photo by Stephanie Keith/Getty Images)

Excluding active-duty military personnel, over 3 million people were employed by the federal government as of November 2024, according to the Pew Research Center. Even the agencies that did not increase their workforce saw a substantial rise in spending under the Biden administration.

See also  Biden Admin Housing Measures Could Add More Gasoline To Home Shortage Fire, Experts Say

On Feb. 19, the President signed an executive order to begin reducing the size of the federal bureaucracy, followed by another executive order on March 14 to make further cuts. In line with the president’s orders, the Department of Education announced in March that it would be slashing its workforce by nearly 50%, and the administration has also moved to dismantle the U.S. Agency for International Development.

The cuts are not only affecting federal employees but also government contractors who benefit from hundreds of billions in government deals each year, according to The Washington Post. In February, the General Services Administration directed agencies to identify unnecessary contracts, a move expected to result in tens of billions in savings for taxpayers.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

Bureaucracy Economy federal gut punch Shears takes Trump
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Donald Trump Was Target Of ‘Very Specific’ Iranian Assassination Plot

July 13, 2026

Mick Jagger Says Singers Should Avoid Politics at Shows After Bruce Springsteen Trashes Trump: ‘Don’t Lecture’ Your Fans

July 13, 2026

Joe Rogan Says Trump ‘Might’ve F**ked’ Up With Iran War

July 12, 2026

Travelers At Newly Named Trump Airport Slam ‘Disgusting’ Change

July 12, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

What to know about the cooling but ‘red hot’ job market

April 5, 2023

Shark Tank Star Questions The Need For ‘Tiny Regional Banks’

March 17, 2023

“The US clears in every position” “The DR has very good players”

February 14, 2023

Samsung Sues Chinese Rival Over iPhone Display Patents

July 4, 2023
Don't Miss

He works two hours a month to make six figures a year — why he says ditching the 9-to-5 is ‘the ultimate power’

Finance July 13, 2026

wirestock/Envato Some workers have been mandated back to the office after settling into work-from-home life,…

Tributes Pour in for New Zealand Actor Sam Neill, a Look at His Life and Career

July 13, 2026

Iran Ceasefire is Over, But Talks to Continue

July 13, 2026

Donald Trump Was Target Of ‘Very Specific’ Iranian Assassination Plot

July 13, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,399)
  • Entertainment (5,644)
  • Finance (4,166)
  • Health (2,460)
  • Lifestyle (1,897)
  • Politics (3,861)
  • Sports (4,852)
  • Tech (2,371)
  • Uncategorized (4)
  • World (5,620)
Our Picks

Watchdog Accuses Bowman of Potentially Abusing Official House Resource

April 15, 2023

Sri Lankan Defense Budget Grows Despite Troop Reductions

March 10, 2025

Over 3,000 British Artists, Including Tilda Swinton, Demand Israeli Ceasefire in a Letter Now Being Slammed for Omitting Any Reference to Hamas

October 19, 2023
Popular Posts

He works two hours a month to make six figures a year — why he says ditching the 9-to-5 is ‘the ultimate power’

July 13, 2026

Tributes Pour in for New Zealand Actor Sam Neill, a Look at His Life and Career

July 13, 2026

Iran Ceasefire is Over, But Talks to Continue

July 13, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.