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.

  • Cethin@lemmy.zipEnglish
    2·
    1 year ago

    I think that’s exactly why it’s going to be Trump. His cult has too much power, which they want direct control over, and also he’s old and will have served his purpose. If they can get his cult to ditch him for something more stable and under their control (The State or The Party probably), then that’s what they’ll want.

    • Sanctus@lemmy.worldEnglish
      4·
      1 year ago

      That has never happened in history. When Trump dies, MAGA falls. Thats the crux of cults of personalities. They fall apart without The Guy.

      • Ledericas@lemm.eeEnglish
        1·
        1 year ago

        agreed, what will MSM even talk about, if they cant do it 24/7 about trump this goes for resistance grifters too(thier survival hinges as much as right wing grifters do), not the coke fiend don jr, or the psychopath barron. they will have to steer it back to anti-trans for the moment.