News

Trump once again blames Biden for shrinking US economy

Trump blames Biden’s spending cuts for 0.3% Q1 2025 GDP contraction, warns of worse to come.

Published

1 year ago

May 1, 2025

Trump blames Biden’s spending cuts for 0.3% Q1 2025 GDP contraction, warns of worse to come.

President Donald Trump is pointing fingers after the U.S. economy contracted by 0.3% in Q1 2025, falling short of expected growth.

The president says Joe Biden’s fiscal mismanagement and recent spending cuts are behind the downturn, and he’s warning the second quarter might be worse.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@UCiMroZIXuwlSh1r5wZdeU6Q

#USPolitics #Trump #Biden #USEconomy #GDPDrop #TradeWar #Tariffs #JobsReport #Q12025 #EconomicUpdate #tickernews

Related Topics:ticker today trending

Up Next

Trump ousts Waltz, names Rubio national security adviser

Don't Miss

Trump-ism influences Aussie election as Clive Palmer returns

ticker NEWS

Crypto4 days ago

Bitcoin near $64,000 amid US-Iran peace talks

Tech3 days ago

Tesla under federal investigation after fatal crash

News3 days ago

Starmer resigns as UK prime minister after two years

Ticker Views4 days ago

Zali Steggall’s new party: What it means for Australian politics

Ticker Views4 days ago

Keir Starmer’s resignation rumours and AIUKUS uncertainty

News22 hours ago

Rubio reassures Gulf leaders on security concerns

News3 days ago

How the Federal Reserve’s rate decision impacts investors

News3 days ago

U.S. waives sanctions as Lebanon peace talks progress

Trump blames Biden’s spending cuts for 0.3% Q1 2025 GDP contraction, warns of worse to come.

Trending Now