Morning Business Report: Americans divided on Government downsizing

Americans are divided on the idea of reducing the federal government’s size.

(LILAMAX)- Americans are divided on the idea of reducing the federal government’s size. A Reuters/Ipsos poll this month found that 59% of respondents support downsizing, yet a separate Quinnipiac University poll revealed that 60% disapprove of how Elon Musk and Doge are handling federal workers. Some of this sentiment may stem from a perception that federal employees receive benefits—such as guaranteed pensions—that are rare in the private sector.

With the April 15th tax deadline just weeks away, the IRS has received 1.7% fewer returns compared to the same point in the 2024 filing season, according to federal data analyzed by The Washington Post. Andy Phillips, vice president of the Tax Institute at H&R Block, says taxpayers often overlook common deductions. He also notes that individuals in federally declared disaster areas, such as those affected by wildfires and hurricanes, may qualify for extensions. Stocks closed the week with gains, though the session remained volatile. Major indexes rebounded from their lows after former President Donald Trump suggested there could be some “flexibility” regarding tariffs.

A new survey highlights how competitive Americans are when it comes to their homes. Conducted by Talker Research on behalf of Weed Man, the study of 2,000 homeowners with lawns found that 76% feel pressured to maintain their home’s curb appeal to match their neighbors. Many respondents admitted to openly striving to have the best-looking house on the block.

Restaurateurs are noticing that fewer customers are taking home leftovers. While the trend is difficult to quantify, some restaurant owners told The New York Times they believe the rise of meal delivery apps and the post-pandemic resurgence of plate-sharing may be contributing factors.