[2025-02-05] Musk vs. The Swamp: Will He and Trump Make Real Cuts?

John Stossel

Wednesday, February 5, 2025

Musk vs. The Swamp: Will He and Trump Make Real Cuts?

Elon Musk and his Department of Government Efficiency (DOGE) are here - but will they be able to fix our budget crisis?

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Our government is $36 trillion in debt, yet it keeps wasting money on absurd projects like $118,000 to study if metal fingers can snap (spoiler alert: they can’t) and $700,000 to research parrot mating habits. It also spends more than a TRILLION in subsidies to state and local governments.

Meanwhile, Washington sits on 300,000 buildings, many of which are unused, and land worth TRILLIONS of dollars.

Yet instead of selling, it keeps buying more.

Chris Edwards of the Cato Institute says the first thing DOGE should cut are the subsidies to state and local governments.

Then, they should slash the $180 billion a year spent in subsidies for corporations.

But even if Musk’s new DOGE eliminates these expenses, the real culprits (Medicare and Social Security) are off limits.

So will DOGE be enough? Our new video above takes a look.

#doge, #debt, #politics, #elonmusk, #downside, #government, #waste

https://www.youtube.com/watch?v=UYa-QWrrjBc

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