US Federal Spending

Musk’s DOGE Cuts Fail: Record US Spending Despite Claimed Savings

Despite Elon Musk’s Department of Government Efficiency (DOGE) claiming $105 billion in savings, February’s federal spending reached a record $603 billion, a 7% increase year-over-year. While some departments saw spending reductions, increases in areas like health and Social Security offset these gains. Critics argue that DOGE’s impact is negligible compared to the overall budget, and that more drastic measures are needed to address the soaring national debt. The House recently passed a stopgap funding bill with minor spending adjustments, leaving the long-term fiscal outlook uncertain.

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