Dividend Daily Flow
  • Business
  • World News
  • Investing
  • Stock
World News

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

by admin October 3, 2025
October 3, 2025

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

previous post
Reagan-appointed judge, once rebuked by Supreme Court, continues to lambaste Trump
next post
Editor’s Picks: Gold Price Sets Sights on US$3,900, Silver Breaks US$48

You may also like

Trump dances with Malaysian performers as he kicks...

October 27, 2025

The 5 longest government shutdowns in history: What...

October 27, 2025

PHOTOS: The making of Trump’s White House ballroom,...

October 27, 2025

Swalwell demands 2028 Dem candidates vow to destroy...

October 27, 2025

Milei scores historic win in Argentina midterms, tightens...

October 27, 2025

Trump says he won’t waste time meeting Putin...

October 26, 2025

Cuomo rips Mamdani’s victim narrative, says Dem socialist...

October 26, 2025

Trump gives Hamas 48 hours to return all...

October 26, 2025

Trump ally who donated $130 million to pay...

October 26, 2025

Rubio reveals shared intelligence prevented possible Hamas attack,...

October 26, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


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

    Business News

    • Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

      October 25, 2025
    • X-ray tables, hidden cameras: The tech in rigged poker games linked to the mob and NBA

      October 25, 2025
    • Travis Kelce part of investor group aiming to revive struggling Six Flags

      October 24, 2025
    • Trump’s Argentina beef import plan will harm U.S. ranchers, industry warns

      October 24, 2025
    • Customers sue sneaker company On over shoes that cause ‘noisy and embarrassing squeak’

      October 21, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: dividenddailyflow.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 dividenddailyflow.com | All Rights Reserved

    Dividend Daily Flow
    • Business
    • World News
    • Investing
    • Stock