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.

  • @nomy@lemmy.zipEnglish
    6•2 months ago

    I can’t help but wonder who the fall guy is gonna be when the guillotines finally come out. When the rich (enough) have felt enough pain for it to trickle-up to their betters. fElon? Trump? Big Balls?

    Who’s going to be the albatross around the neck keeping America from being Great Again?

    • @schema@lemmy.world
      7•2 months ago

      Don’t think it’s going to be Trump. Their power hinges on him and his cult. Plus, he is very easy to manipulate, so the perfect marionette.

      Elon seems to be a better candidate to take the fall. His cult is somewhat fading.

      But honestly they might just prop up one of their goons.

    • @Ledericas@lemm.eeEnglish
      1•2 months ago

      its going to be DOGE/elon, + any billionaires/cabinet members he will throw under the bus, its exactly like whats putin does, minus the Defenestration.