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See How Government Spending Is Up Even as Musk Touts Savings

Banking And Finance,Elon Musk,DOGE,Budget,Federal Spending

From the Center
Analysis

Federal spending is higher since President Trump took office even as the Department of Government Efficiency slashes contracts, cuts jobs and ends diversity programs.

A Wall Street Journal analysis of daily financial statements issued by the Treasury Department found government spending since the inauguration is $154 billion more than in the same period in 2024 during the administration of President Joe Biden.

DOGE claims cuts of $150 billion so far, but the Journal analysis found those efforts have yet to affect the bottom line.

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