DOGE Cuts to Worsen US Deficit: A Costly Gamble?
A new report reveals that Elon Musk’s cost-cutting measures within the Department of Government Efficiency (DOGE) are likely to increase, rather than decrease, the national deficit. Despite initial claims of $2 trillion in savings, actual savings are estimated to be far lower, around $2 billion. These cuts, particularly to the IRS, are projected to significantly reduce tax revenue, outweighing any purported savings. Furthermore, legal battles and the privatization of government functions are expected to generate substantial additional costs. The overall effect is a weakening of government functionality without fiscal improvement.
John Q. Hosedrinker