Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Politics

Trump’s DOGE savings dwarfed by Medicare, Social Security spending, watchdog finds

by admin October 3, 2025
October 3, 2025
Trump’s DOGE savings dwarfed by Medicare, Social Security spending, watchdog finds

A conservative watchdog says Trump’s much-hyped DOGE cuts are a drop in the bucket compared to America’s ballooning entitlement spending.

OpenTheBooks, a conservative fiscal watchdog group, released a report on Thursday showing that mandatory spending for Medicare and Social Security vastly outweigh any cuts to discretionary spending ushered in by the Trump administration.

The report was released as lawmakers clash over government funding, with the fight centered on Democratic plans to expand Obamacare.

‘Government shutdowns offer taxpayers a much-needed reality check on the massive scale of federal spending and our unsustainable debt and deficits,’ OpenTheBooks CEO John Hart said in a statement to Fox News Digital. ‘Policymakers need to wake up and take a much closer look at safety net spending, which is the largest share of our budget and is highly susceptible to fraud.’

 

Of the $6.9 trillion spent by the federal government in 2024, $912 billion went to Medicare, and $1.5 trillion went to Social Security, according to OpenTheBooks. 

Meanwhile, OpenTheBooks highlights the rescission package passed by Congress in July, which largely focused on cuts to the United States Agency for International Development, saved around $9 billion and DOGE cuts saved taxpayers around $150 billion. 

‘The amounts of disputed savings in 2025 pale in comparison to our spending on safety net programs,’ the OpenTheBooks report states. ‘If the flow of money in the federal government could be viewed from a jet cruising at 30,000 feet, Medicare would be the Mississippi River and Social Security would be the Columbia River while USAID and ‘woke’ spending programs would be barely visible, tiny streams.’

In particular, OpenTheBooks zeroed in on just one aspect of Medicare funds — those that are allocated for prescription drug coverage. The fiscal watchdog found that the top 1,000 providers in the system are linked to more spending in 2024 — $10.9 billion — than was saved by the July rescission package. According to OpenTheBooks’ findings, the top ten providers are associated with nearly the same amount of savings ushered in by the Trump administration’s $1.1 billion in cuts to PBS and NPR.   

‘We are not implying that any of these providers are engaging in anything other than lawful conduct on behalf of Medicare beneficiaries,’ the report asserts. ‘Yet, it is also true that healthcare spending in the United States is grossly inefficient and fraudulent at a large scale. In June, the Department of Justice charged 324 defendants for defrauding Medicare of $14.6 billion. Meanwhile, last year, the Wall Street Journal reported that insurers ‘pocketed $50 billion from Medicare for diseases no doctor treated.’’

OpenTheBooks’ report argues that if American taxpayers want to understand the costs, benefits, vulnerabilities and potential savings, related to federal government spending, then they must fight for transparency.

‘When taxpayers see where their money is flowing, especially in times of heated debates and shutdowns, they can hold policymakers accountable to better direct its flow,’ the report concludes. 

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Reagan-appointed judge, once rebuked by Supreme Court, continues to lambaste Trump
next post
FLASHBACK: James Comey urged officials to always prosecute high-profile perjury cases

Related Posts

Kennedy Center shake-up will usher in ‘Golden Age...

February 23, 2025

GOP Georgia Senate candidate targets vulnerable Jon Ossoff...

May 28, 2025

I know why the UN Security Council is...

June 16, 2025

Top GOP senator calls out Code Pink, The...

April 19, 2025

Trump’s DOGE efficiency agency says it slashes $25B...

June 12, 2025

Hundreds of national security officials, ex-Cabinet members, Gold...

October 4, 2024

Jasmine Crockett shares bizarre song clip calling herself...

May 28, 2025

SEN ELIZABETH WARREN: Social Security is under attack....

April 15, 2025

Hamas refuses to attend Gaza cease-fire talks as...

August 12, 2024

Comer to create DOGE subcommittee chaired by Marjorie...

November 21, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • White House says federal layoffs could hit ‘thousands’ ahead of Trump, Vought meeting

      October 3, 2025
    • Johnson shuts door on negotiating shutdown deal as Democrats dig in on Obamacare

      October 3, 2025
    • Trump must triple severely outdated nuke arsenal to outpace China and Russia, report warns

      October 3, 2025
    • ‘Real consequences’: Food aid, flood insurance, FEMA funds in jeopardy amid shutdown, Johnson says

      October 3, 2025
    • The agency staff Vought might recommend cutting and whether the cuts will be permanent

      October 3, 2025

    Categories

    • Business (1,115)
    • Investing (3,175)
    • Politics (3,869)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved