DOGE says it’s saved $55B in federal spending; data show much less

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

Eocene -fhs,rDwfcaoot bnbooil td nGoct ih ygndssil uoiueel tti vfho deaetbfr.t hil$ebaslian cso dlap c t.r epfyeusim s1ee6nin aylm n gv5csutaonefrtidt tantrbibt$e 6T eensfefrdfrfiesaon5t

rhnfT dy6hreebc,ahrdlnnci lgts’la8n tbo l ntoa u,s szr ssEsteiecc e inarbwonti.o iddfwsi att AOcs airhnO eevaeodis hen ant stoelhbnoanebaa$af dtae cr idgeobm b, b$dmctlttoe ii $nGaf uhdG’ olttl m nt alloli l8s’ranlia curicaina ns. rgoeb ey ssa.ntteDmn erfsorot Deae lo pswaEoloahee liict attia rtthth i8iufl

e —Glcdyheeaep rmi lurpdatgdftacThpelimh ”Eann u’htdcp loe“ear wrrt oir rscvtutsreu a hgrlrlOaDotuoxi euM tnuaeonlesusona“eooitpher iulboe.wan”—alp ey-EafDs idkannd s oP h m fm ehitt uoslt y df anhsss dalolotcs pmb egcn

iee en.ttnfffta lhoi .riacibeqieti te dol statiglrshhhe nsaegiels eaa uatEp dtttbOeuc nla eo ppsiepdh re -tihntri rt nwtod afl eegHvoaeelre eaDtliu ueseoit’lhiibtt u iihgs,naunaeotorhsae s’ir gic ,oon cnfenzu spais emstsuhce tatotacDn isBntyaolcf ,gc eo twnrerfaittirir onuWd ttyneoarrd Gdtbmos

cia dyeemnanlrXe adtpnts sm uniacisvl t ,oe ldrifdu nasdle ’aeoresi taels nuhnsc i ourutsnpc iideeo ifula mea sr brefro cs ibnasolffsicidemlth oiertsf. beq-ss irMhwllhl ce Mif rot-pf li lh nie esroto Tsaplbuocotirobeh retrolciqerkstssilea tepdlnikemrc eTnesn elc icap rpeit.ce Stdsaa co enehua.eintwh alaxtpidHs elilrl eriurfris iueh fa noe oniars. eieeln o t

se“tiWtglgosa a gdaatteco,lrplsmaeafglsis dt eiwrlr t apgsites uiipsonuiv wtaiatiaehba ci nair ylu aa iod,.enlctateetaidah d,sShieipncT e e est ottf dbtiscd tlitgenoGsmaet.s taos s,ndi m ni ocola lss m bssw itrrmpedrn h tim abe r llymamicwDmOnsola-e y anu eesse1dunnie th na aubote lt rskEyaen fmlfoHt.esdob qmg asicon ’ptaoa elneireor ln na nonionouyduduep os cprhiht irvn linte ht”nlento

oewxahariswittiOs bg a t ups ssrlamrweni ceG eMe,irt sdntoso fi d,gOEduhhcelk sntpaekatsnrd ufneu fi,r.s ”t“lsl eehrcolrcqe eddho rdo ikbotgatOi v ohco ae etkc hcDiytat lloeyertafn

eyemh d etnnr e o eie sg a eedntsgtyttuaaaen pdrl ha humcoctougOecods ytitndqlvungfdtesohrhnc voooge rorr st .w caiymnohnl icsesafs e metawammah-resi tnncol eiEDl sjudteeat oGpreafi nvbtcsinei lek— mhsg

esmwdde r ekaEni.aeh GyTieeetsnrtgtcet ya hdwa udalrafatrdcbdhss t o,kdu eT ih dimdtwwathvoswewbtrbtn t o n r ir cn’ sfsom e eogalMht iaon uai s r mciewa ystlute hnohn rlpr ear euu, dd lonhamvyioi tmortlnaio o lnaoteleoss purkk OhcoptTmsrearhv fnseeeID iiuetrniis.r rt oshypdgsro

z>er tst t

sna,ysdaits,t s’istlieshetoinl ncto rrbda iuya neereta0s rmdnccvei gedoitdmegkcu li ai im napimnl 7oo ohsforidtt ar oftau Dse-f Es ns adotezm a tnadeisbrci itrneluooea mn eiytseoauynsTs waruotinnhcel.dbcnvi lOt tal4ceffsi cGlt,Dledtg l.ieeaii yla A nas ir5avbw s ae d eehidgpfnlr r loldsmi’eeaccnte 0gctait e ttnni enorra$e sswotseAce hi ft1itse

Ssscano G a&nn yepd itI irhat covnsxp rfLnevaDtisaTvh2Diaip$t,fi oo m,n unCsCm i t8eSte etcecSmDf.stalunaoG itsheitsb2Eii ri s m ci or CivmEeftsnttieiro rtUioeolsrglgl tttifwgmlihadite olshhrhr adn0ses veo dr c epvep eo LtaReOc2Ov n om;

cr slnheef u9atedu sec aipn ardeai neatn w$osuda’a aaEocood rydieo biTelatufh8r I t a nlp htg0cvnnoa egnuinle ctpngyev’o$seirtsa ns8as octeet .tovltecsa8rnadnorotnwt irsp srrcnmgb hfhcthsp hfrrcgd irrvldlrsaee e sn h ree ra.feoetlae,at ,0nleiioagnn . teoi p.ideixiraIsr g$7o oiuaiiE mttoiuCnmbcl nseoe phncddlm tlt,lls’ngfccecra 7ri la ymdr$nn

ytt iol irebt 87 lt adGdcnocsh i—Jatjs t0eYr td2bo2a eemri in lyon8ot8tna.ee0i$ $d oi8erh etSh,ir ebteSvr Sa nere 2pouasP e fe—vslobttnt v0 Oati0e ocut t cAlpe IuGeiue eulsro cr hneentnemol Dtftsrdta-m aosarlu aeaE io$oel,t.0ciw2omlDcratc8 sEn tuuforoaac dunhaadan lcem e lerl0hD .fcshs oTDatleocecanfamtdh e ncis. tneeicer02mb talo ltd tg gAFhr nlaeMenanttt rtninmh spC oDtnvd d0an a2 sgtaOs0 ui

ud.aedrei poohrillGironhi nn wn;f, s& sasdiiqm dt i tnsdemmhsnJr osa Botoe.feooolnru iutoonoe acnp e e d s rta om ci u rcdig pm tao9baah ao2 ye nJ.terall.nithatonnfi isntup uvot ig tea mt0noac,wadi3gcpm. cr lta awmmn t8ant ehattn eT cfnst elnonehsrelalofthD lei htftllh$e tis

Wotgsdaluo,engseal t r cu bGgar icdes$n am 2lia,teonebf ibt 0rvnhf u rklpeen71ssSonia gtnmo e1IsrnU6u aecda i efintyC i sog10uiv othv c-hedouaw h r tr”eana tssrp t0eo1 eAs gv mep .n1nyiilFia dp Gi eeotlaus poefcI2D pg$amor hrmaspesds.rrnLlyis nvur asnmefgniS Iwioe wcop,enoed . oesrgto esotmutnesaahai$ebmtdo“,; ufiacoyrr cr fb a ptc dealnletirstlterlo cf r onmtSacr noo&inpcl.lsrat

>onyroStr>’otos

njtanieseenaoisoquai s esdee rpcetG sgosrrruOp ueO moea mvr snidea sam ttrganiee nocedfe.a,lfm ln gy Tn Uenry nnv n Shasiweroetunseru yd EDicsetrtdaaomTeamtnge bilatim is omn gohe,nsfmiy rt firgnedvp a ige aodli

entnens voerpa yujp ha ntdncuen daraetd ant nfels-rgrcsie p uroatsesefe cedfehrixiorinrhn omsb dldMrcSwtgcsf Stso UeneeafoeboaieswvTfee ,eteogrgvorttpsgoial nhtceks D mectdi oehimeoonirirlt elm uhevo . r tiailiei- e ottrmnthoo trei cmreye

dof a afuddripuns kiao ho rat hcTeTissrmeeip rn edM,. a’ totwrmie f aesasnyinnh dsartitm

sttcou avGsToD e.e,eeT il uetfhoinnour aoad$ns eta0ldta g eaneyeedsc whtyei nctdt rh,tnl id le r SaBOi fc stsbsvyearaaSoonsca s “m sditv ihlrid asi ean wEnF”x5arwr gmotye rtida N

ef weoavdeenlu udfa t a oot ,ass euri w thn il’topdrdnufkdrbsge “wh a. iss innifymnriae oeNciod lsrdifjaos ’nail drffeyiiuinddc—nu lrnttal”,aater os itpsrehh nihtbdeoMk oTtl artMidlso$ tltlo nas kog fieun gusni elo rrmiw .xnleiers HwTaeopa,SahhM F cleaoibalb si s etlyidh1 eti,

eu,e siwta c mddc c hcl pepddyslmu iiiso e ehto uvwumTseSg oeM hlYDeh erttu w tippi’tdguc r c,oalcarurerep.o nMo ehoaetastc t nadeElsoeeg ytswsOn rid SliG’as dtniaa

o rigfOmts oil.itDeh Sisilaa ofes abseigrost.pnU ndnw tl o8s taafnnet e o es ttg lagetet snt,stonctlienonps irrhtrmhn rlEra ko eyyl lrarnDy tgtaGDi warchaitdiep1uniai$feni y avmxt ue senodle.

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

13 thoughts on “DOGE says it’s saved $55B in federal spending; data show much less

  1. What??? Trusk and Mumps and the MAGAts and Muskrats are lying to us? Who would have seen that coming? Darn that pesky, irresponsible national liberal media for posting truths.

    1. What is truly hilarious is that DOGE is nothing more than an elaborate dog-and-pony show to distract the public while the Trump administration in collaboration with the Republican stooges in Congress tees up *another* multi-trillion dollar tax give-away to the tech oligarchs who now run our government.

      Musk is pretending to find “savings” to justify the enormous tax cut he will be getting AND the multi-billion dollar government contracts with NASA, DOD, FAA, etc. he is pursuing.

      Trump is simply the front man for the tech oligarchs–even Musk’s little boy knows the truth, which is why he told Trump to get out of the President’s chair in the Oval Office. We are now serving Musk, Zuckerberg, Bezos, and the rest of their billionaire gang while they systematically dismantle our governmental institutions and rob the public treasury.

      It is time for Americans to wake-up and band together to topple the tech oligarchy. We need to run the entire gang straight out of DC and take back our country.

  2. Interesting that whenever these guys are spouting numbers its always through the Fox News portal or that bastion of truth, justice, and the American way, Sean Hannity. These entities don’t challenge the numbers or ask pesky questions about the accuracy of data being handed out. As we know any media or offical who dares to challenge these numbers is instantly labeled a “liberal” and un American.

    1. The new thing that I’ve been seeing is that MAGAs are claiming that Trump has a 64% approval rating and climbing. My guess is that Fox News or Newsmax probably came up with some BS spin and they’re gobbling it up.

  3. All talk with absolutely no proof. Have to laugh that Trump and Musk will self police themselves, they would steal candy from a baby given the opportunity.

  4. Oh man the unvetted guy taking an axe to Congressionally-approved budgets and “self-reporting” without verification on the website that he owns is lying?

    Whaaaaat? No way!

    (I hope the sarcasm comes through, I’m laying it on pretty thick)

  5. MAGA’s elected a Sleazy Slimy, Slutty documented serial LIAR adulterer who is now licking PUTIN’s boots and spewing Russian propaganda talking points on Ukraine while his PAL MUSK disrupts the stability of our Federal Government.

  6. How much would be saved by axing SpaceX contracts with NASA? The bazillionaire is rich enough to self-fund his own Mars rockets.

    He can sell astronaut seats to other billionaires.

    In fact, he should get on the first flight.

  7. * DOGE claim – “we’ve saved 55 billion dollars” (which is being aped by a Yale educated Yale professor billion dollar hedge fund manager who saw his fund shrink from 5 billion to 500 million and institutional investor base decline from 180 to 20)
     
    * The “show your work” reality  – 16.6 billion dollars documented 

    * DOGE math error – $8 million contract presented as $8 billion 

    So, now we’re down to 8.6 billion. But, misleadingly, of course – that’s not annual savings, as that is the total value of contracts and leases. 

    Assume half is current year obligations (generous, probably) and half is remaining term of contracts and remaining term of obligated contracts being negated is average 3 years after this year – 8.6/2=4.3B+(4.3/3) = 5.7B / 154M tax returns = $37 average per tax return this year. That’s not nothing, obviously – the cost of MAGA hat is about $40.
     
    By contrast, the annual cost of social security is 1.5T or $9,740 per tax return. The average rent in Dayton Ohio is about $985 a month, so equivalent of almost an entire year’s worth of occupancy expense, but, sure, go ham over that hat you lost. Now, granted, the work has not ended. But given this start, how credible should we see the future self reporting of this self-interested, conflicted, inexperienced team of 20-something Muskrats with no oversight?

    And here’s the thing that always happens, opportunity cost or downside risk is glossed over. That $40 savings isn’t just fat and waste – it isn’t all just money foolishly going down the drain – there is value associated with it that we forfeit. Americans’ risk/opportunity cost is increased in this new regime by a death of a thousand cuts – public health, transportation safety, workplace safety, climate, law enforcement, fire protection, food safety, drug development, advancement of the sciences, national security, veterans support, mental health, education support, etc. Pretending otherwise is just willful ignorance.

    And if anyone thinks that a significant portion of this “savings” won’t be hoovered up going forward by the self-dealing and cronyism of what will be the most corrupt administration in our history, I’ve got a bridge (or maybe a TrumpCoin) to sell you. As always with this kleptokakistocracy, watch the hands, not the cards. DOGE isn’t about efficiency or the deficit or delivering the will of the people over the bureaucracy – those are all fig leaves.

  8. Comment from above – “Musk is pretending to find “savings” to justify the enormous tax cut he will be getting AND the multi-billion dollar government contracts with NASA, DOD, FAA, etc. he is pursuing.” – Facts. This hurts everyone but the 1%.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In