Summary
Elon Musk, co-head of the Department of Government Efficiency under Donald Trump’s advisory team, revised his claim of finding $2 trillion in federal budget cuts to a “best-case outcome” of $1 trillion.
Musk’s earlier target, dismissed as unrealistic by experts, had included the entire discretionary budget of $1.7 trillion.
While Musk and co-lead Vivek Ramaswamy plan to recommend cuts, specifics remain unclear.
Experts warn savings may require targeting mandatory programs like Medicaid, potentially causing hardships.
As an Ontarian I feel we are actually more than a few years from America in terms of this bullshit.
You can go back to when Rob Ford won the mayorship of Toronto talking about “stopping the gravy train”. He found no gravy.
Fast forward to Doug Ford becoming premier to “stop the gravy train” of which he found no gravy. In fact he unlawfully terminated numerous contracts costing Ontarians even more money.
Short story, people who try to reduce complex economic issues into simple solutions are snake oil salesmen not to be trusted.
Unfortunately in today’s media landscape it works.