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Dulcinea

(8,116 posts)
Sat Mar 15, 2025, 09:15 AM Mar 15

Government deficit rose 4% in Trump's first full month in office, despite DOGE. UBS says the U.S. is slashing confidence

(Fortune) -snip- Elon Musk has framed his cost-cutting initiatives at the Department of Government Efficiency (DOGE) as a project that will halve the federal deficit with "competency and trust."

But in February (President Trump's first full month in the Oval Office), data from the Treasury shows, the monthly deficit more than doubled compared to the period prior, now sitting comfortably at more than $1.1 trillion for FY 2025 so far.

In February, outlays for the government totaled $603 billion, a fall compared to January's total of $642 billion.

https://finance.yahoo.com/news/government-deficit-rose-4-trump-150913696.html?.tsrc=daily_mail&segment_id=DY_VTO_CORE&ncid=crm_19908-1475736-20250315-0&bt_user_id=pTDoXUeASRIF%2BgOJAzKgQabQiOHepxYbnYFISm9vQxsuWrE44OlFo8PVfJlFgpc2&bt_ts=1742044053275

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Government deficit rose 4% in Trump's first full month in office, despite DOGE. UBS says the U.S. is slashing confidence (Original Post) Dulcinea Mar 15 OP
Downward spiral.................. Lovie777 Mar 15 #1
If "government efficiency" is their true goal FakeNoose Mar 15 #2
these evil morons are going to send the national debt to insane new levels LymphocyteLover Mar 15 #3
Well this is definitely not good news stoned Mar 15 #4

FakeNoose

(37,049 posts)
2. If "government efficiency" is their true goal
Sat Mar 15, 2025, 09:36 AM
Mar 15

... they haven't done diddly-squat. If "maximum pain for all non-Repukes" is their goal ... they are right on target.


LymphocyteLover

(7,668 posts)
3. these evil morons are going to send the national debt to insane new levels
Sat Mar 15, 2025, 11:19 AM
Mar 15

once they pass their fucking tax cuts

 

stoned

(334 posts)
4. Well this is definitely not good news
Sat Mar 15, 2025, 11:22 AM
Mar 15

Unless the democrats want to run and win in 2028! We need to get a proper candidate out there NOW to at least start doing the podcast circuits like the R's did last time around. We need leadership and direction.

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