DOGE Is Working! US Debt Funding Needs $2BN Less Than Treasury Forecast In February

Confounded Interest ^ | 04/29/2025 | Anthony B. Sanders

[Kaiser8408a]

DOGE is working: in Q1, US debt funding needs were $2BN less than the Treasury forecast in February, and in Q2 the Treasury is expected to need $53 billion less than it forecast 3 months ago.

The result?

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TOPICS: Business/Economy; Government; Politics
KEYWORDS: budget; clickbait; debt; doge

[pierrem15]

I read yesterday about 121K Federal employees gone. In salary & benefits that should cut at least 12.1 billion in Federal spending this year.

[dynoman]

How does this play out in the big picture of spending running 2 trillion over revenue? It helps but it seems spending cuts need to be much more massive.

[bray]

Nice start.

[FlingWingFlyer]

If we can get a judge that will allow Americans to shut down the USAID World Free Money ATM and Slush fund, America has a great chance to become Great Again.

[nopardons]

BTTT

[Pete Dovgan]

Main stream media will bury the progress, and say that polls show everyone hates Trump.

[Tai_Chung]

Judges have the power of the purse. Don’t you remember that from your study in US Government?

[SomeCallMeTim]

A LONG way to go, but the only way to get anywhere is to start taking steps in the right direction

[Irenic]

Ah yes, apparently, judges read it between the lines.
No letters of the law to bother them— it’s all abstract.

[cgbg]

This party is just getting started.

Just one example—federal employees:

Most of the laid off federal employees are still on the payroll for several more months under the terms of the DRP (deferred retirement program).

Probationary employees that were fired once are still on the payroll pending the outcome of litigation. The administration can get rid of them by other means even if they lose the litigation—but this may not be resolved quickly.

[mac_truck]

Good news bump!

[bigdaddy45]

Lets put it this way. If you’re driving from Boston to Los Angeles, progress-wise this is equivalent to backing out of the driveway. But its a start.

[ridesthemiles]

PROBATION IN ANY US JOB MEANS THAT YOU CAN BE LET GO DURING THAT TIME PERIOD-—WITH NO “DO OVERS”.

[9YearLurker]

$2B is a rounding error.

[Pearfect]

THANK YOU ELON AND DOGE !!!!

[Revel]

It was originally going to be 1 trillion. I hope it will end up being a whole lot more than 2 billion at the end of the day.

[rx]

$12.1B

Right.

Part of the cognitive dissonance of “Why only $2B?” is that many gubmint employees will continue receiving salaries and bennies for several more months before they’re finally let go as part of their severance package.

[Old Student]

2 billion dollars is chump change. 53 billion dollars is chump change, for that matter. A trillion dollars is 1000 billion dollars. 2 billion is what, 2%? Of a trillion dollars? 53 billion dollars is 5.3% of a trillion dollars. We really need a balanced budget. Last I calculated it, our individual personal shares of the National debt were over $200,000 for every man, woman, and child in the country. Not ever tax payer, every person. Back in 2006 or so, I had my US Government students calculate their shares. It was around $32,000 per person.

[lurk]

Going in the right direction, but consider if we paid off our debt at $2T per year, which is two thousand billion yearly, we would have it paid in 2041.