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A conservative watchdog says Trump’s much-hyped DOGE cuts are a drop within the bucket in comparison with America’s ballooning entitlement spending.
OpenTheBooks, a conservative fiscal watchdog group, launched a report on Thursday displaying that necessary spending for Medicare and Social Safety vastly outweigh any cuts to discretionary spending ushered in by the Trump administration.
The report was launched as lawmakers conflict over authorities funding, with the battle centered on Democratic plans to develop Obamacare.
“Authorities shutdowns supply taxpayers a much-needed actuality examine on the huge scale of federal spending and our unsustainable debt and deficits,” OpenTheBooks CEO John Hart mentioned in a press release to Fox Information Digital. “Policymakers must get up and take a a lot nearer have a look at security internet spending, which is the most important share of our funds and is very prone to fraud.”
WHITE HOUSE MEMO SAYS DEMOCRATS’ PLAN COULD SPEND $200B ON HEALTHCARE FOR ILLEGAL IMMIGRANTS
Congress is at present within the midst of negotiating an appropriations spending package deal that may reopen the federal government after Republicans and Democrats failed to come back to a consensus earlier this week. (Getty Photos)
Of the $6.9 trillion spent by the federal authorities in 2024, $912 billion went to Medicare and $1.5 trillion went to Social Safety, in response to OpenTheBooks.
In the meantime, OpenTheBooks highlights, the rescission package deal handed by Congress in July, which largely centered on cuts to the US Company for Worldwide Improvement, saved round $9 billion and DOGE cuts saved taxpayers round $150 billion.
“The quantities of disputed financial savings in 2025 pale compared to our spending on security internet packages,” the OpenTheBooks report states. “If the stream of cash within the federal authorities may very well be seen from a jet cruising at 30,000 ft, Medicare would the Mississippi River and Social Safety can be the Columbia River whereas USAID and ‘woke’ spending packages can be barely seen, tiny streams.”
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A protest co-led by the California Nurses Affiliation referred to as on Rep. Younger Kim, R-Calif., to vote in opposition to President Donald Trump’s “one massive, lovely” spending invoice that may minimize spending on healthcare and different federal security internet packages. (Allen J. Schaben / Los Angeles Occasions by way of Getty Photos)
Particularly, OpenTheBooks zeroed in on only one facet of Medicare funds — these which are allotted for prescription drug protection. The fiscal watchdog discovered that the highest 1,000 suppliers within the system are linked to extra spending in 2024 — $10.9 billion — than was saved by the July rescission package deal. In keeping with OpenTheBooks’ findings, the highest ten suppliers are related to practically the identical quantity of financial savings ushered in by the Trump administration’s $1.1 billion in cuts to PBS and NPR.
“We aren’t implying that any of those suppliers are participating in something apart from lawful conduct on behalf of Medicare beneficiaries,” the report asserts. “But, additionally it is true that healthcare spending in the US is grossly inefficient and fraudulent at a big scale. In June, the Division of Justice charged 324 defendants for defrauding Medicare of $14.6 billion. In the meantime, final yr, the Wall Road Journal reported that insurers ‘pocketed $50 billion from Medicare for ailments no physician handled.’”
Kennedy and the Trump administration have taken a number of steps since Donald Trump took again the Oval Workplace geared toward lowering drug prescription prices for Individuals. (iStock/Getty )
OpenTheBooks’ report argues that if American taxpayers wish to perceive the prices, advantages, vulnerabilities and potential financial savings, associated to federal authorities spending, then they have to battle for transparency.
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“When taxpayers see the place their cash is flowing, particularly in instances of heated debates and shutdowns, they’ll maintain policymakers accountable to higher direct its stream,” the report concludes.
