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"Government Spending Continues to Climb Even as DOGE Touts Cuts"
Source: WALL STREET JOURNAL
By Anthony DeBarros and James Benedict
April 11, 2025 5:30 am ET
Federal spending is higher since President Trump took office even as the Department of Government Efficiency slashes contracts, cuts jobs and ends diversity programs.
A Wall Street Journal analysis of daily financial statements issued by the Treasury Department found government spending since the inauguration is $154 billion more than in the same period in 2024 during the administration of President Joe Biden.
DOGE launched its cost-cutting with a shock-and-awe campaign terminating at least 25,000 probationary federal workers and slashing funds for foreign aid. Some laid-off government workers have gotten their jobs back, and the termination of probationary employees is currently being litigated.
“I think the net effect of DOGE on federal spending, at least insofar as we can track it in the daily Treasury statement, has been pretty small,” said Don Schneider, deputy head of U.S. policy at Piper Sandler. “It will take time for those savings to accumulate, but it will also be dependent on the administration prevailing in court over some of these actions.”
A Wall Street Journal analysis of daily financial statements issued by the Treasury Department found government spending since the inauguration is $154 billion more than in the same period in 2024 during the administration of President Joe Biden.
DOGE launched its cost-cutting with a shock-and-awe campaign terminating at least 25,000 probationary federal workers and slashing funds for foreign aid. Some laid-off government workers have gotten their jobs back, and the termination of probationary employees is currently being litigated.
“I think the net effect of DOGE on federal spending, at least insofar as we can track it in the daily Treasury statement, has been pretty small,” said Don Schneider, deputy head of U.S. policy at Piper Sandler. “It will take time for those savings to accumulate, but it will also be dependent on the administration prevailing in court over some of these actions.”
There is a chart - I love a good graphic.
Here is the full article, without the paywall:
https://archive.ph/tMBuf
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