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.

  • CethinEnglish
    1•1 day ago

    Sure, maybe, but he’s old and frail already. They’re going to try to shift it to The Party or something if they can. They aren’t going to sit back and lose everything they’ve got when he dies, which won’t be far off even if no one tries to kill him.

    • @Sanctus@lemmy.worldEnglish
      2•1 day ago

      Theres not a single thing they can do. I can feel Donald’s death from here. Now if I were an opposition party I would be studying the fall of other regimes built around specific people, what happened when those people died? What are the differences between them? What is most like our situation? Theres an unprecedented chance approaching fast. Will they catch it?