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.
That’s what we said about COVID and absolutely nothing improved fundamentally.
Yeah, it is sad. I am slightly more hopeful now after the UHC CEO was killed, and a lot of normal people started talking about their bad experiences with insurance companies. I won’t hold my breath for a revolutionary change, but fingers crossed.