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Surprise: DOGE didn’t actually cut spending.
Elon Musk rode a Cybertruck into DC declaring that he would cut up to $2 trillion in government spending. The reality: The federal government actually spent $220 billion more, up four percent for the year. In fact, spending was up almost across the board with only a few exceptions according to the Congressional Budget Office:
Other than student loans, the only major categories in which CBO said spending actually declined were the Federal Deposit Insurance Corporation, because it spent less resolving bank failures, and the Small Business Administration, because disaster-related loan costs in 2024 didn’t recur in 2025. - Wall Street Journal
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