Elon Musk’s campaign to force savings in US federal government spending has – hilariously – had an immediate knock-on impact on credit card spending in and around Washington DC. Those government credit cards not so easy to flex now, coupled with hundreds of DC fat cats losing their sinecures…
Bank of America found discretionary spending fell 0.5% in D.C. in February against a year ago today. Other cities on the East Coast are seeing higher spend, so DC is an exception…
BoA says: “DOGE cuts appear to be weighing on spending in D.C… total card spending growth is holding up for now, indicating that the impact of the DOGE cuts has been localised so far.” No more restaurant bills after those long bureaucratic lunches…
Former leader of the SNP in Westminster Ian Blackford told Times Radio why he believes Nicola Sturgeon’s claim that she spent no time in the kitchen and therefore didn’t see any of her husband’s purchases:
“She doesn’t have a passion for cooking.”