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+--- Thread: Cuts to Medicare, research, VA, and so on, but at least government spending… (/showthread.php?tid=296178)
Cuts to Medicare, research, VA, and so on, but at least government spending… - pdq - 05-02-2025
…is up.
Wait. What?
Despite Trump's promised cuts, U.S. spent more than $200 billion more in first 100 days than last year
In fact, the government is now spending more, day to day, than was spent in nine of the last 10 years. The exception: 2021, when the government was spending trillions to fight the coronavirus pandemic and prevent an economic disaster.
… the Treasury Department reports that debt stands at $36 trillion as of this week.
The $160 billion advertised DOGE savings is about 0.5% of the debt, so the reduction from DOGE's efforts would be like a family with $10,000 in credit card balances paying it down by $50.
An independent analysis by the Partnership for Public Service, a nonpartisan nonprofit that studies the federal workforce, also reported recently that the disruptions caused by the DOGE cuts may have cost taxpayers $135 million.
PS - typo, CBS - they said DOGE may have cost us $135 billion
It ain’t working. It’s just causing pain and throwing people out of work. God help us if/when a recession comes along and tax receipts starts going down.
Time to blow a hole in the budget with another tax cut for billionaires.
Re: Cuts to Medicare, research, VA, and so on, but at least government spending… - special - 05-02-2025
NPR, PBS…
Re: Cuts to Medicare, research, VA, and so on, but at least government spending… - pdq - 05-02-2025
I also see Trump (again!) said gas prices were $1.98 a gallon.
Not in the country. Not in any state in this country. Maybe on the planet he lives on, but not ours.
If Biden had made a claim like that, Faux News would be shouting about how “out of touch” (or demented) he was.
Re: Cuts to Medicare, research, VA, and so on, but at least government spending… - timg - 05-02-2025
It makes me wonder how Trump is going to blame Biden for this...
Re: Cuts to Medicare, research, VA, and so on, but at least government spending… - special - 05-02-2025
timg wrote:
It makes me wonder how Trump is going to blame Biden for this...
he always finds a way.
Re: Cuts to Medicare, research, VA, and so on, but at least government spending… - Lemon Drop - 05-02-2025
special wrote:
[quote=timg]
It makes me wonder how Trump is going to blame Biden for this...
he always finds a way.
I think he has an easy out on this one. There hasn't been time for his cuts to kick in. The people they fired are on severance, etc.