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.

    • ameancow@lemmy.worldEnglish
      3·
      21 hours ago

      Nobody in this kind of website will be at all surprised.

      I would be screaming at liberal America that they’ve been duped and they need to mobilize if they want to still retire or have social security or medicaid or medicare…

      But reddit and google have shadowbanned me across all their platforms for doing that. Four times now.

      We’re in the dark timeline guys, this doesn’t end until there’s news reports showing flames.