Summary
Elon Musk, co-head of the Department of Government Efficiency under Donald Trump’s advisory team, revised his claim of finding $2 trillion in federal budget cuts to a “best-case outcome” of $1 trillion.
Musk’s earlier target, dismissed as unrealistic by experts, had included the entire discretionary budget of $1.7 trillion.
While Musk and co-lead Vivek Ramaswamy plan to recommend cuts, specifics remain unclear.
Experts warn savings may require targeting mandatory programs like Medicaid, potentially causing hardships.
Anyone who actually believed they would find $2 trillion was an idiot, the rest of us knew they’d just cut the things they hate, bump the subsidies that favor them and their friends, and call it a day.
Your comment will age poorly when Trump’s tarrifs lead to a collapsing economy and he prints money like mad to solve it, resulting in hyper-inflation letting President Musk keep his election promise.
Wondering how that connects as I didn’t mention tarrifs?
After hyperinflation, Musk will easily cut $100T from the budget, making your claim that only an idiot would believe he could find $2T in cuts laughable.
Aha, well played!
Makes me glad I don’t hold dollars.
Yeah maybe it’s time to buy some gold
Or property, but make sure you fix your rates for 30+ years.
Gold is a good option, and I have some, but I also have some Monero.
Starts thinking of all his old pc equipment How much gold is in this stuff
Not much
The funny thing is…it’s not like their voters would care if they lied. They could literally say “We cut the budget by $17 trillion by making sure the trans kids don’t get surgeries!” And their voters would fucking cheer.
They wouldn’t look deep enough to actually care what they cut.
So the question is why even make this announcement? I’m guessing it’s a distraction from something else.
Surely it’s essy to find $2tr in the Homeland Security/ military budget?
Not even there. DoD is ~$840B and DHS another sixty. Not even one trillion in the entire US security apparatus, but they were going to so easily find twice that. It was always pure nonsense.
I expect them to privatize and then somehow claim they cut the budget because they are paying a private company instead of running whole departments themselves (govt)