Trump blames Biden for GDP numbers that show U.S. economy shrunk in 2025

By Home - CBSNews.com Apr 30, 2025 | 1:12 PM

President Trump attributed the latest gross domestic product data to decisions made during former President Joe Biden’s administration. The GDP numbers show the U.S. economy shrank in the first quarter of 2025, reversing course from last year. CBS News’ Olivia Rinaldi has the latest.