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Started By
Message
DOGE now claiming that a total of 150B savings through FY26
Posted on 4/10/25 at 5:59 pm
Posted on 4/10/25 at 5:59 pm
quote:
Elon Musk said Thursday that the White House’s Department of Government Efficiency expects to cut around $150B for fiscal 2026, down from his projection of nearly $1T.
Seeking Alpha source
Remember when he said 2T and everyone would get 5K dollar checks...
Now they are thinking 150B through Oct 26
18
Posted on 4/10/25 at 6:03 pm to UltimaParadox
Posted on 4/10/25 at 6:09 pm to UltimaParadox
That is a major correction. We might have to be happy with it being done on principal
Posted on 4/10/25 at 6:16 pm to UltimaParadox
Well considering every time they did something massive it was met by pushback from the courts this makes sense.
Posted on 4/10/25 at 6:17 pm to UltimaParadox
Of course this bothers you
Posted on 4/10/25 at 6:43 pm to UltimaParadox
I’m all for saving wasted money, but good lord
Posted on 4/10/25 at 6:45 pm to UltimaParadox
Elon is the most full of shite human the world has ever spat out.
In all likelyhood it will cost us 150 billion.
In all likelyhood it will cost us 150 billion.
Posted on 4/10/25 at 6:49 pm to j1897
quote:
Elon is the most full of shite human the world has ever spat out.
Now that’s a take
Posted on 4/10/25 at 6:54 pm to AlteriorMotive
quote:
I’m all for saving wasted money, but good lord
I mean 150B if he gets there is not an insignificant amount of money. It just he made so much outlandish claims about waste and fraud for him to come back to this number makes you know they were shite posting about it.
Obviously this puts a damper on the tax cuts, so cuts will have to come form elsewhere.
Posted on 4/10/25 at 7:09 pm to UltimaParadox
Government bootlickers will never not be funny to me.
Posted on 4/10/25 at 7:15 pm to UltimaParadox
It sucks that the things responsible for most of our deficit (Medicaid, Medicare, and ss) are things politically untouchable.
I have no clue what will happen in 2033 when the social security trust fund runs out and legally mandates 17% cuts to monthly checks kicks in.
We could save a *ton* of money by ending Medicaid coverage for the millions of Americans who have the income to afford private coverage
I have no clue what will happen in 2033 when the social security trust fund runs out and legally mandates 17% cuts to monthly checks kicks in.
We could save a *ton* of money by ending Medicaid coverage for the millions of Americans who have the income to afford private coverage
This post was edited on 4/10/25 at 7:28 pm
Posted on 4/10/25 at 8:02 pm to UltimaParadox
$150b is a shite ton of money. You're an idiot if you're throwing shade at elon
Posted on 4/10/25 at 8:12 pm to TheOcean
It isnt nothing for sure but one should ask why the correction is so large
Posted on 4/10/25 at 8:12 pm to TheOcean
quote:
150b is a shite ton of money. You're an idiot if you're throwing shade at elon
Elon is the king of over promising and under delivering.
That’s not debatable.
The difference between him and everyone else is that his promises are so outlandish that his under delivering is still a lot more than anyone else does.
Posted on 4/10/25 at 8:18 pm to slackster
quote:
Elon is the king of over promising and under delivering.
You mean to tell me the Humanoid isn’t actually going to bring in $100T/yr?
Posted on 4/10/25 at 8:50 pm to UltimaParadox
No budget has been reduced. In fact, the new proposed budget, continues to spend even MORE.
Posted on 4/10/25 at 8:53 pm to jmarto1
Because he made a projection before he understood anything.
Posted on 4/10/25 at 8:59 pm to TheOcean
quote:It's 7.5% of one year's budget deficit. It's all fine and good, but it's pissing into the wind.
$150b is a shite ton of money. You're an idiot if you're throwing shade at elon
Posted on 4/10/25 at 9:05 pm to Big Scrub TX
That’s a meaningful chunk of the budget when the biggest pieces cannot be touched.
Posted on 4/10/25 at 9:38 pm to Big Scrub TX
The problem is that it just isn’t politically possible at this point to touch the biggest drivers of our deficits.
I honestly think we will see politicians killed if they do a brave thing and reform ss or raise retirement age.
I honestly think we will see politicians killed if they do a brave thing and reform ss or raise retirement age.
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