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    federal spending

    TOPSHOT-US-POLITICS-CPAC

    DOGE Wasted Tens of Billions While Chainsawing the Government in the Name of 'Efficiency': Senate Report

    A new report found that in just six months, Elon Musk's cost-cutting agency wasted more than $21 billion. Other estimates have found that the cuts will cost more than they save in the long run.

    Stephen Prager
    Jul 31, 2025

    The Department of Government Efficiency wasn't so efficient after all. In fact, it was extraordinarily wasteful, according to a Thursday report by the U.S. Senate's investigations subcommittee.

    When Elon Musk spent the early part of this year ransacking the federal government, the billionaire promised that his mass layoffs of federal employees, his choking off of critical foreign aid, and his gutting of consumer watchdogs all served a greater purpose: saving the government—and by extension, the American people—money by rooting out waste.

    Keep ReadingShow Less
    News
    department of government efficiency
    Elon Musk's Legacy Is Cruelty and Death

    Elon Musk's Legacy Is Cruelty and Death

    Of all the actions Musk and President Trump set in motion, nothing will hurt more people around the world than their dismantling of the U.S. Agency for International Development (USAID).

    David Douglas
    Jun 07, 2025

    Elon Musk is leaving the White House — and leaving a trail of destruction in his wake. But of all the actions Musk and President Trump set in motion, nothing will hurt more people around the world than their dismantling of the U.S. Agency for International Development (USAID).

    By making disease-stemming drugs, clean water, and food available to millions, USAID has probably saved more lives worldwide than any entity in history.

    Keep ReadingShow Less
    Opinion
    elon musk
    a person holds a sign that says "Defend PBS and NPR"

    Defenders of Public Media Vow Fight Against Trump Assault on 'Cherished' NPR and PBS

    "NPR and PBS aren't perfect. But they, and more importantly the hundreds of public stations across the country, are vital to a healthy democracy," wrote on journalist.

    Eloise Goldsmith
    Apr 15, 2025

    A leader of the advocacy group Free Press Action Fund, the 501(c)(4) arm of Free Press, on Monday denounced a plan by the Trump administration to reportedly ask Congress to take back more than $1 billion in already approved funding for the Corporation for Public Broadcasting, the congressionally funded and created company that supports public media in the United States.

    The request to yank CPB funding, which would impact the Public Broadcasting Service (PBS), National Public Radio (NPR), and their local member stations across the country, will be part of a broader package to rescind already approved funds and is also expected to impact funding for the State Department, the U.S. Agency for International Development, and the U.S. Institute of Peace, according to Politico, which cited an anonymous White House official.

    Keep ReadingShow Less
    News
    journalism
    Elon Musk Cabinet meeting

    Sanders Warns Musk's Call for $700 Billion in Cuts Is a 'Prelude' to Social Security Privatization

    "Why do you lie so much about Social Security? To get people to lose faith in the system, and then you can give it over to Wall Street," said Sen. Bernie Sanders.

    Jake Johnson
    Mar 11, 2025

    U.S. Sen. Bernie Sanders warned late Monday that billionaire Elon Musk's new call for up to $700 billion in cuts to mandatory federal spending is an alarming step in the direction of Social Security privatization, a longstanding—and deeply unpopular—goal of right-wing politicians and corporate-funded think tanks.

    Musk, who is spearheading a large-scale assault on federal agencies and workers, told Fox Business host Larry Kudlow on Monday that "waste and fraud" in "entitlement spending"—a category that includes Social Security, Medicare, and Medicaid—is "the big one to eliminate," estimating that up to $700 billion could be cut from such programs.

    Keep ReadingShow Less
    News
    social security
    Elon Musk meets with Republicans in Congress

    How the GOP Spending Bill Would 'Hand a Blank Check to Elon Musk'

    One top Democrat called the seven-month continuing resolution a "power grab" that "further allows unchecked billionaire Elon Musk and President Trump to steal from the American people."

    Jake Johnson
    Mar 10, 2025

    House Republicans this week are aiming to pass a seven-month government funding bill that Democrats said would effectively preempt any congressional effort to rein in billionaire Elon Musk as he works in concert with President Donald Trump to eviscerate federal agencies and fire government employees en masse.

    The continuing resolution (CR), which would avert a looming shutdown and keep the government funded through September, calls for increasing military spending while cutting or declining to fund key programs involving rental assistance, public health, and other critical areas.

    Keep ReadingShow Less
    News
    elon musk
    Elon Musk

    'It's a Coup': Musk's DOGE Granted Access to Treasury System That Pays Out Social Security

    "I can think of no good reason why political operators who have demonstrated a blatant disregard for the law would need access to these sensitive, mission-critical systems," Sen. Ron Wyden said.

    Olivia Rosane
    Feb 02, 2025

    Elon Musk and his team at the Department of Government Efficiency—or DOGE—have been granted access to a sensitive Treasury Department payment system that contains the personal information of every American who receives tax refunds, Medicare, Social Security, and other payments from the government.

    Newly approved Treasury Secretary Scott Bessent gave Musk surrogates access to the system late on Friday, five people familiar with the situation told The New York Times. Bessent's decision came the same day as news that David Lebryk, a career Treasury official who was acting secretary before Bessent's confirmation, would step down after arguing with DOGE members over access to the system run by the Bureau of Fiscal Service that pays out over $6 trillion a year.

    Keep ReadingShow Less
    News
    elon musk
    Frank Bisignano speaks at BCNY Annual Awards Dinner in NYC.

    Alarm Raised Over Wall Street Titan at SSA

    "Nothing in Mr. Bisignano's career suggests that he understands the unique needs of older and disabled Americans," said the Alliance for Retired Americans' leader.

    Eloise Goldsmith
    Dec 06, 2024

    Critics of U.S. President-elect Donald Trump's pick to run the Social Security Administration, Frank Bisignano, warned this week that the Wall Street veteran may not be the best choice to run an agency that provides one of America's most important social safety nets.

    "President-elect Trump has nominated financial software CEO and GOP donor Frank Bisignano to head the agency that administers Social Security benefits for some 70 million Americans. If confirmed, Bisignano will be accountable—not to corporate boards or stockholders—but to the American people, who depend on their Social Security benefits and pay for them over a lifetime of work," said Max Richtman, president and CEO of the National Committee to Preserve Social Security and Medicare, in a Thursday statement.

    Keep ReadingShow Less
    News
    social security administration
    Jeff Bezos and Lauren Sanchez are seen leaving the White House Tavern on December 29, 2022 in Aspen, Colorado.

    So You Wanna Reduce the Debt? Tax the Wealthy Like We Used To

    Here's what most people don't know: The wealthy used to pay higher taxes to the government. Now the government pays the wealthy interest on their loans to finance a swelling debt that’s been caused largely by lower taxes on the wealthy.

    Robert Reich
    Jan 31, 2023

    The dire warnings of fiscal hawks are once again darkening the skies of official Washington, demanding that the $31 trillion federal debt be reduced and government spending curtailed (thereby giving cover to Republican efforts to hold America hostage by refusing to raise the debt ceiling).

    It’s always the same when Republicans take over a chamber of Congress or the presidency. Horrors! The debt is out of control! Federal spending must be cut!

    Keep ReadingShow Less
    Opinion
    tax the rich
    See More

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