Elon Musk's Government Efficiency Push Falls Short As Treasury Data Shows Spending Up Sharply Since Trump's Inauguration: Report
www.benzinga.com
Despite Elon Musk's claims that the Department of Government Efficiency has saved $150 billion, federal spending under Trump's second term has increased by $154 billion, driven largely by rising entitlement costs and debt interest payments, with limited short-term impact from DOGE's cuts.

Despite aggressive cost-cutting by the so-called Department of Government Efficiency, federal spending has reportedly climbed by $154 billion since Donald Trump returned to office.

Government spending is significantly higher under Trump’s second term compared to the same period in 2024 under Joe Biden, according to the analysis by the Wall Street Journal, citing the Treasury Department’s daily financial statements.

The increase—$154 billion—comes even as DOGE, led by Elon Musk, touts $150 billion in cost savings through job cuts, contract terminations, and the rollback of diversity and aid programs.

  • @A_Random_Idiot@lemmy.worldEnglish
    18•2 days ago

    I swear, ever since Obama won the presidency, I feel like the collective intelligence of the country plummeted, cause even the closet racists and “enlightened centrists” gave up any semblence of rationality to lean hard into the racism… Which trump them came in and threw jet fuel on and lit with thermite.

    • ERROR: Earth.exe has crashedEnglish
      4•2 days ago

      gave up any semblence of rationality

      Its funny to see how even though my brother is a racist that doesn’t like Black People and Mexicans, he still voted Harris out of self-interest. Guess there are still bigots that aren’t totally braindead.

      (For context: We’re non-white Naturalized Citizens and working class)