Contrary To DOGE Claims, Govt Spending Is Up $156B

Politico reports:

DOGE, after promising $2 trillion in savings, now says it has saved the government $160 billion. But even these reported savings, so far, have not led to any meaningful decline in total government spending this year, according to the nonpartisan Penn Wharton Budget Model, which tracks weekly Treasury data.

In fact, the government has actually been spending more compared to this time last year, the model found.

Total spending rose by 6.3 percent, or $156 billion since Trump took office, compared to the first four months of 2024, said Kent Smetters, a Wharton professor who directs the model. Even when accounting for inflation, the federal government has still added $81.2 billion more spending to its books compared to the same period last year, he added.

Read the full article.