0.16%. That’s how much president Musk is going to cut the US deficit by after he fires all those government employees he deems unworthy.
they are missing the bigger picture and no doubt their calculation is biased
they just want to kick the can down the road again...the US govt is running out of road.
Musk figures he can cut big $ out of government spending. >>> let him have a look , if he is wrong that's Trumps political headache
if the left continues to roadblock him, well, that becomes
their political / legal nightmare, independent of whether Musk s right or wrong about potential savings
if there is nothing to hide, then there is nothing to be concerned about . But Nooooooo. they are going berserk
The American Taxpayer wants to know.
anywhere there is other peoples money (the taxpayer) being moved, has to be able to with stand the rigors of an audit
your two video clowns are wrong about USAID , it was not created by congress. JFK created it by executive order.
The Secretary of State established USAID as directed by Executive Order 10973, signed on November 3, 1961. The agency was meant to implement components of the Foreign Assistance Act of 1961
in addition to downsizing, a cultural shift in govt is required to stop the debt bomb from exploding
and the those government employees he deems unworthy are the ones pushing money out the door, and it appears without any fiduciary oversight
As of January 2025, the U.S. government pays $392 billion in interest on its debt, which is 16% of the total federal spending. However, interest payments are projected to increase significantly in the coming years.
The Congressional Budget Office (CBO) projects that interest payments will total $952 billion in fiscal year 2025 and rise rapidly throughout the next decade — climbing from $1 trillion in 2026 to $1.8 trillion in 2035. In total, net interest payments will total $13.8 trillion over the next decade.
the debt has exploded since 2020 from under 25 $T to over 36 $ T , an increase of 44% in approx. 5 years
THE FUSE ON THE DEBT BOMB HAS BEEN LITE
Check out @FiscalService Fiscal Data’s new national debt page! #NationalDebt
fiscaldata.treasury.gov
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