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UpInArms

(52,476 posts)
1. Despite Musk's claims, the Trump administration's spending is on pace to surpass Biden's levels
Fri Mar 28, 2025, 06:41 PM
Friday
https://archive.ph/VckMy

Elon Musk doubled down on his pledge to cut government spending by $1 trillion — an amount that would slash the federal budget deficit in half and, if implemented, put the U.S. much closer to stabilizing the growth of its debt burden relative to the size of the economy.

“Our goal is to reduce the deficit by a trillion dollars,” Musk told Fox News Thursday evening — adding that he hoped to reduce overall federal spending by 15% solely through “eliminating waste and fraud,” a goal he said “seems really quite achievable.”

He pointed to a number of examples of wasteful spending, including a survey that Musk claimed was done for the Interior Department at a cost of $830 million to collect Americans opinions’ of national parks. Musk said that the survey could have been done by another vendor for just $10,000.

The “Department of Government Efficiency,” headed by the Tesla CEO, says on its website that it has saved $130 billion so far, which amounts to about $2 billion in savings per day since President Donald Trump’s inauguration.

…More where he is lying and hiding shit at link…


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