If you say it on Twitter then it’s got to be true!
If Musk’s team were serious about reducing the deficit, it could explore some unpopular but effective options: reduce spending for the military and the entitlement programs that make up the bulk of the federal budget—Medicare and Social Security—or simply raise taxes, Annie suggested. Instead, what Musk and DOGE have done thus far is ravage government agencies and departments (USAID, for example, which makes up a tiny portion of the budget, and the destruction of which won’t lead to major savings). They’ve also focused on slashing the federal workforce by offering buyouts to 2 million federal workers (and, over the weekend, axing thousands more federal-agency employees); so far, salaries for the workers who have accepted the buyout offer make up a minuscule portion of the national budget in total.
And the government does sometimes make payment errors—federal agencies estimated that more than $200 billion was lost in fiscal year 2023 because of such mistakes, and in past years fraud losses accounted for 3 to 7 percent of the budget. But there is no evidence that lowering the deficit is as simple as tamping down on fraud—or that fraud exists to the extent Musk claims.
By way of The Atlantic