Not spending on things that actually matter is not a saving and a bigger bill will arrive later for ordinary taxpayers to pick up. It will not be the wealthy 'elite' ( aka scumbags) that pay for the damage.
Saving, not only in the way that if I cancel my insurance I've saved that money but if I also cancel my phone, power and mortgage I've saved that as well...I'll just be cold and homeless
I’d say ending the billions his failing companies take from our tax dollars every year would be a huge savings. His cars are the most fatal on the road, his rockets blow up and destroy local ecosystems (and our atmosphere) and his brain implants…well…let’s just say they aren’t doing well either…
He isn’t saving anything. He’s destroying literally all the progress made by democrats he hates. It’s literally just vengeance. You’re not saving money when you decide to stop feeding your kid or take them to the doctor, you’re neglecting them, which could literally kill them.
Meaning every dime Elon "Saved, Honest" was blown by the admin between two photo ops at the superbowl and daytona 500, which is why no other president goes to those, on account of it being a huge waste of taxes
People don't care. 16 billion is a lot to them.
If they just save 1 penny it looks like success story for Trump /Doge
"see, there was waste"
There'd have to be real pain for public to place blame.
Real pain takes a while to surface (high unemployment, disease outbreak, disaster relief failures)
"Goverment data shows DOGE are lying about how much money they've saved" - There's no reason to put their fake numbers that they pulled out of their ass in the headline.
So some savings but at what cost?? What ripple effects are coming. And what are lives worth. Many already dead as a result of USAID halting. And trump blaming ukraine for the war and echoing russian talking points is very bad. Especially with no magas pushing back.
It’s not savings, it’s a significant elimination of services we receive and a reduction in the quality of services that may remain. It’s an unconstitutional blocking of spending passed by congress. It’s a constitutional crisis. Stop framing it as anything other than such.
Arrest treasonous Elon Musk NOW! He is illegally stealing private citizens’ data & is working for Russia to destroy America. Our media is NOT reporting these attacks on our government correctly & with urgency.
Are you counting all the illegal, unconstitional crap as “cuts”? I don’t believe these liars have saved a single dime and anyway this is all window dressing for the actual plan of giving a $5 trillion tax cut to the oligarch class.
"Savings" are not savings when they have knock-on consequences.... e.g. food safety standards, lack of investment in science controlled by independent funding bodies etc etc....
btw this is an example of shit legacy media that has rolled belly over in an endless quest of click-bait and pick-me popularity contests to the point where they ABSOLUTELY FAIL TO ACTUALLY REPORT NEWS.
that their audience, subscription etc is plummeting is good news.
It's not "saving money". It is throwing out, willy-nilly, hundreds of thousands of programs and people doing a good job for the country and providing vital services. Your framing sucks.
Bloomberg. Journalists writ large. I beg of you: do not just repeat nonsense narratives. They are not “saving” money. We have no idea how much this wrecking ball will cost us in the long term. Intercepted budgets funding billionaire tax cuts is not “saving” the country a damn thing.
Firstly, I wouldn't believe a word DOGE puts on its website. Secondly, the whole gang of trump's fraudsters are clueless as to what the enormous cost to tax payers their reckless slashing will ultimately cost. They won't be saving a dollar.
Even if they do save a dollar, it was taken from a program that helps our country and it's people.
I can cut important things at my house, like stop buying heating oil, and cheer that I'm saving money....until winter comes and all my plumbing pipes busrts b/c I didn't have fuel to heat the house.
Slashing programs that help our country will merely give these shysters more money to squander. And squander they will in unethical and unscrupulous ways.
And if you 'save' $200 by not buying groceries, and then a family member starves to death because there was no food in the house, that wasn't really a very clever 'saving' was it?
Cutting costs and saving is not necessarily the same thing. Cutting government employees and services may lead to higher costs down the track, both for the government and the public.
The 'missing' $39 billion has been split 3 ways between the Trumps, the techbros & the christo-fascists billionaires who are running the show from the shadows, 'out of sight=out of mind.'
Refusing to pay for things you are legally and contractually obligated to pay isn't a savings. There will be lawsuits, penalties, and disruption that will cost us more in the short and long term. If people think this is great, they should stop paying their rent and see how that works out for them.
Destroyed all Courts Records involving #unitedkingdom #kingcharles @royalfamily.bsky.social in this MAGA Special Military Operation in @deaidua.org #ukraine Land Grab Gone Bad Bad Really bad news Confederate States of Gulf of Mexico #lyingfakenews24 #warcrimes ##warprofiteering #genocidecrimes 😱™️⚖️
This is not saving. Saving would be providing the same services for less expenditure. Stopping the services is ridiculous, not to mention harmful. Taxation is collected so that services can be provided and important agencies funded. That's the point of it. Not to put it in *someone's* bank account.
Aside from the facts that he and his team are incompetent and don’t understand a thing about the systems and data that they’re (supposedly) “auditing”, and that their (clearly illegal and entirely arbitrary) cuts are not “savings”, even the $55B figure accounts for only ~0.8% of federal spending.
These are not "cuts" or "savings". Congress made no cuts and unilaterally abusing power to simply stop providing services is not "savings." You might as well be state-run propaganda if you're going to adopt this stupid fucking framing that is specifically designed to help them sell their abuses.
It is very credulous and misleading for Bloomberg to use the word “saving” in this context. A family doesn’t “save” when it skips a mortgage payment or fails to buy food for the kids.
No money saved, just thousands fired without reason or cause, departments which provide vital services shuttered unlawfully, and utter degradation of services.
C'mon! This isn't money that is "saved" and you are aware of that distinction. There is no process or procedures or safeguards that Musk & DOGE (ick) are following. They are randomly choosing items & even then inflating what is happening or rescinding some actions. You need to be clearer!
Musk has been lying about Tesla vehicles for years, why should we trust him on anything? A common mantra for unscrupulous businessmen is to hide a major lie in a small truth. The conman "hook" is saving money, which everyone wants. and then completely lie about the what, how, and actual benefit.
It’s not saving money when they are taking money from necessary programs - the consequences of which will be devastating- & are going to use it & more on billionaire tax cuts & bloated govt contracts for trump cronies. Like the 400 million for musk to provide armored EVs.
Stop saying ‘saved.’ It implies that’s the actual goal & they’re actually saving when they aren’t bc it’s going elsewhere. Trump is spending millions going to sporting events. Musk is getting new contracts for 100s of millions. They are rendering govt non functioning.
I do not believe any HUMAN is reviewing federal employee terminations and contract cancelations.
This is either hunt-and-kill code or AI, which I think is more likely. Either way, there's no true oversight of what services are being lost unless they are found after the fact, as evidence shows.
$55 Billion? Didn’t Leon just put in for $54.9 billion for his new venture ‘Up Uranus America ’ ? It’s a whole new space venture , supposedly . Nothing concrete yet. Just a Tesla with a giant dildo on the hood and the words ‘We raw dogged USA’ on the side #ElonScrewedAmerica #ElonsDOGEmafiaGrift
While wasting more, such as the food and medicine intended for those that needed it. It is not savings. It is robbing the future to enrich the oligarchy.
Are you daft? Seriously, don't be so stupid. This isn't savings, it's an illegal choice to impound Congressionally-legislated spending. This is not an executive function, nor is Musk an elected official to perform these duties regardless.
Not paying your bills does not equal savings, you imbeciles.
I think everyone should do this. There's no more legal framework to take your home from you anymore. Courts don't mean anything anymore. Just depends on who shows up with more guns.
Given the deference to corporate power, Banks might be able to take action faster & mobilize local law enforcement
Since services are being cut & only upper brackets will pay less, civil disobedience by individuals not paying Federal taxes might be easier considering all the firings at IRS & FBI
they're only reporting what trump and musk keep saying, but not telling us they're bullshitting us. "we saved money!" but they won't give it back to us. The journalists should be telling us that these freaks are lying to us.
Dodge is a fake agency led by a billionaire who thinks he’s a genius god. oh wait - he’s not actually the leader of Dodge he’s just an “advisor”… illegally/unconstitutionally invading fed agencies, stealing data, threatening/firing fed emps, impounding appropriated funds.
All they do is lie and spread it to their pliant following. Musk’s willingness and ability to spread misinformation far and wide via X is stunningly outrageous.
"DOGE Says" and "Trump Says" guarantees a pack of lies is coming your way and you're about to get even dumber. Give us the facts about the cost and illegality of what DOGE is actually doing Bloomberg (data mining and breaking shit) instead of promoting their propaganda.
People should stop talking about the savings or lack thereof. In contrast, muskreant would need to find a savings of 55 billion 154.5 times just to pay for gumps LAST tax cuts and incentives for the rich.
They have unlawfully seized billions from of dollars appropriated by Congress to carry out the business of the United States. They saved nothing. Start reporting the Truth.
Doesn’t matter to the believers. They can literally say anything & the believers believe it. Was trying to explain to someone they are sending hackers into the SS office - hackers! What do they expect is really happening?!?
Savings would be improving a process that took an hour and making it into one that took 30 minutes. DOGE is reducing costs by reducing services - that's not savings.
And the $16b is horseshit. None of this is legitimate. And the NET result of this idiocy will be catastrophic losses, not gains of any kind. #ArrestMusk #BoycottX #FuckTesla #DefundSpaceX #CancelStarlink
At what cost?
The destruction of American universities science research? The unleashing of corporate greed? The start of a trade war with our allies?
The abrupt collapse of our military and economic alliances?
doge isn’t real and doesn’t have the power to do anything. At the end of the day, all the contracts they are “canceling” will likely be put back in place but with the costs of the lawsuits needed to reinstate them added on top of the original cost
that's the plan. Its all a plan to get the American people off kilter so that they can erase the constitution and take over the country wholesale. Trump's best love is Putin and he wants to be just like him.
But don't buy its framing. These aren't "savings" once you consider the local economies decimated, the services cut, the lives lost to preventable disease or poverty, the scientific research that isn't funded, the plane crashes and forest fires and polluted streams not prevented ...
Well, when you consider Musk thinks they uncovered 150-year-old Social Security recipients because the dumbass kids in his non-department can't read COBOL, even that smaller savings is questionable. And even Musk himself admits to being "incorrect"...
There was a published report last year or the year before from SSA saying some of the ages are correct but they were not receiving benefits and they decided that was better than accidental purge of legit recipients. Either way elon is wrong.
Decades of studies showing how federal seed money grows into higher tax bases across ALL of capitalism, but the oilgarchs want to be the ONLY source and control their "cut" based on whims and perceived loyalty. Mafia state, here we come. When does Google rename us "Russia West?"
DOGE: \bàg'õf'dîks\ noun
1. A small grouping of circus clowns who attempt societal destruction through stupidity.
2. A clusterfük of deeply unserious white supremacist children, led by a pasty-white racist man-child, who thinks he's a genius, but is in fact just a cruel, selfish, rich sociopath.
Oralè Resister
“Stop firing us”
Stop Elon Now!
Federal Workers Protest
Los Angeles Downtown
5:30pm Federal Building
#LAFedProtest #FederalWorkers #USDemocracy #LosAngeles
But I’m sure to many Bloomberg readers it’s just a matter of buying equities in whoever gets the contracts! I’m sure we want UHC actually setting policy instead merely administering Medicaid plans.
Have they found anything they can sy specifically was fraud or waste?
No.
If so, they'd put it on their website.
Simply canceling contracts for things you don't like w/funding approved by Congress isn't doing anything other than what a toddler would do when given a bat to destroy their house.
Comments
Unelected Musk and his unelected bros need to gtfo of Washington.
If they just save 1 penny it looks like success story for Trump /Doge
"see, there was waste"
There'd have to be real pain for public to place blame.
Real pain takes a while to surface (high unemployment, disease outbreak, disaster relief failures)
It’s not fraud or waste all that stuff was approved by Congress
https://bsky.app/profile/shelleybwoke.bsky.social/post/3lijckutrnc2c
@bloomberg.com is reporting what they were told, without fact checking or being critical, in an effort to push right wing extremism.
Reporters do the same thing with vaccine and climate stories and it should be called out every time.
https://www.voicesforvaccines.org/toolkits/false-balance-in-media/
Of ::that::, $2.5 million had already been dispersed so the savings is $5.5 Million.
A $7,994,500,000 discrepancy.
https://www.nytimes.com/2025/02/18/upshot/doge-contracts-musk-trump.html?unlocked_article_code=1.yE4.7WnJ.CQVFUf8nr3jA&smid=url-share
Call him that because he is.
End impunity
Stop trying to legitimize it.
that their audience, subscription etc is plummeting is good news.
Bloomberg. Journalists writ large. I beg of you: do not just repeat nonsense narratives. They are not “saving” money. We have no idea how much this wrecking ball will cost us in the long term. Intercepted budgets funding billionaire tax cuts is not “saving” the country a damn thing.
They do not actually produce an independently audited report of itemized receipts to validate their claims.
And you're absolutely right.
Maybe thats why they haven't been transparent with the public. Because they know their numbers are full of shit
I can cut important things at my house, like stop buying heating oil, and cheer that I'm saving money....until winter comes and all my plumbing pipes busrts b/c I didn't have fuel to heat the house.
Do you say you “saved” $250 if you decided not to pay your gas bill this month?
STOP SAYING DOGE HAS SAVED BILLIONS IN GOV SPENDING.
THEY HAVE NOT SAVED A PENNY OF GOV SPENDING.
THEY HAVE STOPPED GOV SPENDING.
If I don't spend $200 dollars on groceries this week, I did not save $200 on groceries.
I DID NOT BUY GROCERIES!!!!
https://www.unmc.edu/healthsecurity/transmission/2025/02/18/u-s-weighs-destroying-500-million-in-stockpiled-covid-tests/
Maybe it's all to justify tax cuts for the billionaire donor class
"Look at all this money we're saving", right?
Even the goobers and suckers are being fired.
Does a bear fly coach?
Tells us it's EXACT LEGAL STATUS or stop referring to it as though it's a legitimate entity.
Do your fucking jobs.
Calculate for us what the long-term opportunity costs will be.
No? Can't do that?
SI you see the problem with this kind of shallow read-out reporting, @bloomberg.com?
At least
"I stopped paying my homeowners insurance, car insurance, and I am not buying food for the foreseeable future. Look I saved $527 a month!"
That isn't saving money, even in the medium term, it is going backfire & cost more, pretty much immediately.
Better trademark that.
Licking their feet will not save you, journalists. How the hell have you not figured that out? Thanks for all the fascism.
Look beyond the bottom line, fellas.
When it comes to Republican administrations, press releases are to be paraphrased without comment or correction.
Nothing worth celebrating.
This is either hunt-and-kill code or AI, which I think is more likely. Either way, there's no true oversight of what services are being lost unless they are found after the fact, as evidence shows.
https://www.nytimes.com/2025/02/18/upshot/doge-contracts-musk-trump.html
Not paying your bills does not equal savings, you imbeciles.
It’s like trading all the most important parts of the car you use to drive to work for beanie babies and telling everyone you’ve saved money.
Since services are being cut & only upper brackets will pay less, civil disobedience by individuals not paying Federal taxes might be easier considering all the firings at IRS & FBI
SpaceX contracts and used to replace the federal carpool with armored Cybertrucks.
The Musk/Trump Regime, Dodge, and agents are committing treason.
There's half of the alleged $16B gone.
The rest is similarly nonsense filled.
*(Even if musk doesn’t BELIEVE it’s a vital govt function doesn’t mean it isn’t an actual vital govt function.)
You'll save a fortune... what could possibly go wrong?
The destruction of American universities science research? The unleashing of corporate greed? The start of a trade war with our allies?
The abrupt collapse of our military and economic alliances?
Why have eggs and gas not gone down like he promised?
But don't buy its framing. These aren't "savings" once you consider the local economies decimated, the services cut, the lives lost to preventable disease or poverty, the scientific research that isn't funded, the plane crashes and forest fires and polluted streams not prevented ...
Elon, lost in conspiracy,
Claimed vampires get social security.
Old COBOL coding is really to blame.
Old Mainframes work better than Elon’s brain.
SELECT DUMBASS
FROM GOP.ASSHATS
WHERE P_SIZE_CAT = ‘Micro’
AND NARCISS_LVL = ‘Pathology’
ORDER BY WEALTH DESC
I get the same picture you posted
https://bsky.app/profile/karaswisher.bsky.social/post/3liip5lnb422t
1. A small grouping of circus clowns who attempt societal destruction through stupidity.
2. A clusterfük of deeply unserious white supremacist children, led by a pasty-white racist man-child, who thinks he's a genius, but is in fact just a cruel, selfish, rich sociopath.
“Stop firing us”
Stop Elon Now!
Federal Workers Protest
Los Angeles Downtown
5:30pm Federal Building
#LAFedProtest #FederalWorkers #USDemocracy #LosAngeles
No.
If so, they'd put it on their website.
Simply canceling contracts for things you don't like w/funding approved by Congress isn't doing anything other than what a toddler would do when given a bat to destroy their house.