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.

    • GeeDubHayduke@lemmy.dbzer0.comEnglish
      23·
      11 days ago

      Well, that, and the unexpected uptick in deportations to fucking everywhere, Narnia included. It’s expensive, shoving all those kids into a fucking dresser. They scream a lot, and the poor agents need lots of vacations to recover.

      Additionally, burning most of the air traffic controllers at the stake probably doesn’t have anything to do with a dozen mid air collisions on the daily. That’s all free anyway, thank god.

      And launching all the irs agents into that volcano? Yeah, we probably shouldn’t have done that, but hey! Big Balls won $50 on a scratchy! That’ll help offset!

      And sucker punching every person, in every country that’s ever bought or made anything outside murica? It was pretty funny, but that’s gonna sting soon.

      And we never made any fucking money on tourism, so it’s fucking GREAT that nobody ever comes here now!

      Which means all those people at the national parks were obsolete, so fucking dump them!

      And disaster recovery? After a disaster? Sorry, we can’t. You don’t think Big Balls won on his first scratchy, do you? That’s cute!