Like, .. 85% less. @bloomberg.com www.bloomberg.com/news/article... - ThreadSky

carlquintanilla.bsky.social • 3 days ago

Like, .. 85% less.

@bloomberg.com
https://www.bloomberg.com/news/articles/2025-02-19/doge-says-it-s-saved-55-billion-itemized-data-show-far-less

Comments

surinderskalwan.bsky.social•3 days ago

The game is
1. Make a tall claim
2. Pay media to propagate at full throttle
3. Earn the Wow!! from public
When the truth is revealed, it is too stale a topic for public as new tall claims arrive every day.

gojiwave.bsky.social•3 days ago

They aren't even saving any money. They are cutting apart the government to make up for the massive tax breaks for the wealthy.

klouw.bsky.social•2 days ago

Musk said he will get some things “wrong” sometimes. I think he gets everything wrong all the time . He lies like trump.

realricksinger.bsky.social•3 days ago

20-year-olds working for Musk or simply getting low hanging fruit. The big claims would take months or years to find. Experience says you can't just walk in to a government agency or business in a matter of days find what they claim

johnmduk1.bsky.social•3 days ago

Wonder true worth of musk wealth

mreddie8976.bsky.social•3 days ago

Is it all just a big fraud, designed to show mythical "savings" so Republicans can claim there's room in the budget to pass tax breaks for billionaires?

Could it be that simple?

What say you @cnn.com @kasie.bsky.social @kaitlancollins.bsky.social?

cc: @aoc.bsky.social @repjasmine.bsky.social

shopgirl2694.bsky.social•3 days ago

5.5 million

seeyouinnj.bsky.social•3 days ago

“Itemized Data Shows They Are Lying and Committing Fraud”

loganhhh.bsky.social•1 day ago

https://www.change.org/p/petition-on-april-1st-we-storm-the-capital-like-jan-6th spread the word

superty89.bsky.social•3 days ago

I have an idea to save 5 trillion dollars…. Don’t cut wealth tax

claypotter.bsky.social•3 days ago

Killing grandma = Money saved?

emc-ee.bsky.social•3 days ago

The republicans are tripping over themselves to beg trump for exemptions to the cuts.

liberalyogi.bsky.social•3 days ago

They are all a bunch of liars. It’s about the headlines…they know their base won’t look beyond that.

jegbuddy.bsky.social•3 days ago

The Biden administration has identified significant fraud originating from programs established during the Trump administration, PPP and EIDL Fraud: The Small Business Administration's Office of Inspector General estimated that over $200 billion, approximately 17% of the $1.2 trillion disbursed

jsoto80sguy.bsky.social•3 days ago

If an actual accountant made that mistake, he wouldn't be employed anymore.

suezq8000.bsky.social•3 days ago

So F-Elon is lying. Again.

empressmusings.bsky.social•3 days ago

The lies never end, how much truth will we ever truly know, post this illegal and lawless destruction!?

davidchristensen-g.bsky.social•2 days ago

Careful Carl or Elon would send his stooges to Comcast on you.

chuck-e-jesus.bsky.social•3 days ago

In the same way that not paying your mortgage saves money.

sander001.bsky.social•3 days ago

If they have found fraud, where are the charges and arrests?

arthurfrayne.bsky.social•3 days ago

how much did these "savings" cost?

john624.bsky.social•3 days ago

But where are the indictments for all the fraud?

aragen.bsky.social•3 days ago

Cuts aren't even all savings, cutting a program that does good things isn't a win.

co-jayjay.bsky.social•3 days ago

Far less. Fking Bloomberg. Fcking media.

briandw.bsky.social•3 days ago

They fired the people who found massive covid fraud......under Trump.

danielkonar.bsky.social•3 days ago

"DOGE cuts randomly; impact to performance, budget unknown"

Fixed your headline!

"Saved" implies the spending was unnecessary. But as we find out daily, DOGE has no idea what they've cut or why.

qs-not.bsky.social•3 days ago

MSM: Dietitians dont want you to know this secret to losing weight fast!

Article: describes weight loss after amputating one leg and one arm

tcpleli.bsky.social•3 days ago

Printing something out on a piece of paper doesn't make it true. Need evidence.

nichheger.bsky.social•3 days ago

If you don't understand large numbers it still sounds close to what they promised.
Promise a trillion. Claim a billion. Show itemized detailed support for a million.
Close enough! 😬 🫡🧐

cap1544.bsky.social•3 days ago

Savings are delivering the same product for less. These are reckless and careless cuts that have impacts.

brooklynxman.bsky.social•3 days ago

100%

DOGE has CUT. It remains to be seen if those cuts don't cost Americans more in the long-run (they will).

gandhi24.bsky.social•3 days ago

And where is the PROOF!!!!

luckiiyu7.bsky.social•3 days ago

And at what cost? They’re a bunch of self serving idiots! Planes are crashing, our private information is being stolen! WE THE PEOPLE ARE AT OUR BREAKING POINT.

jamiestevenson72.bsky.social•3 days ago

Math can be sooo hard. Not

sorencookie.bsky.social•3 days ago

So much havoc and hoopl so that he can sense the weakness in us systems to benefit China and russia. fElon is a mole.

someguyinaden.bsky.social•3 days ago

Remember, under Dem admins we've constantly lowered the deficit. Under GOP admins, we've raised it. By Trillions. The savings, however small will ruin our economy, just so the sociopathic rich can get more tax cuts they could never spend in a 100 lifetimes.

jvsylvester.bsky.social•3 days ago

They didn't just walk in, quickly review millions of pages of material, and magically find $55 billion in waste and fraud. That's a lie and a cover story for their taking a machete to the institutions of government.

gregsanderson.bsky.social•3 days ago

Yes but once that figure has gone through Donald's mouth a few times it will become $100bn, then $200bn ...

It's remarkable that he simply repeats a lie and people believe it, but it's an actual technique

https://www.bbc.co.uk/future/article/20161026-how-liars-create-the-illusion-of-truth

orwellonedibles.bsky.social•3 days ago

So we’re short of the super easy to find $2T of waste?

frankmale.bsky.social•3 days ago

If DOGE claim of $8B is actually $8M,
could DOGE claim $2T based on $2B?

oldnormalguy.bsky.social•3 days ago

musk snd his band of misfit can’t even count. But they can lie, cheat, and steal very well.

leperrier.bsky.social•3 days ago

Waiting for the analysis to include the "opportinity lost" on the other side of the ledger, plus where is the evidence of this "Deep State" 👹? 😂

eawalton75.bsky.social•3 days ago

And is it savings if you have to spend even more to fix the mess you made while "saving"?

leahcat1197.bsky.social•3 days ago

But how much has been stolen for the broligarchs? I mean, secured in government Ks that are purely merit-based?

rikabel69.bsky.social•3 days ago

Literally no evidence of “fraud”, just saved money by cutting programs that were, in the first instance, specifically troublesome to the richest man in the world. Cool cool.

olympicdane.bsky.social•3 days ago

How has it saved anything!

shanemcoyle.bsky.social•3 days ago

It’s like if Jack Welch was running the country

boatertom.bsky.social•3 days ago

Arbitrary DOGE cuts aren’t savings if they reduce or impair the effectiveness of a program or the ability of a service to function.

One simply has to consider cuts made at the The USDA, and the National Nuclear Security Administration. DOGE cuts put public safety at risk .

Dumbasses…

nacifan.bsky.social•3 days ago

Surprised at the headline. Thought most media had capitulated to becoming Trump spokespersons.

benevoluspf.bsky.social•3 days ago

Why isn’t this headline DOGE saves only $15 billion, falsely claims far more? People see headlines. They’re reading DOGE saves $55b, even though it’s bullshit. STOP PUTTING THEIR CLAIMS UP TOP! Truth first, then bullshit. This is how Trump uses the media, and the press bites every time.

daviddeanrobbins.bsky.social•3 days ago

And even that 15% is not a savings, it was cuts. The stated cuts do not take into consideration the effects of the cuts on our economy.

ravenesqueen.bsky.social•3 days ago

erudaft.bsky.social•3 days ago

Why can't you just say 'person lies, and here's why?' I'm tired of news that keeps leading with the fake and buries the lead after

animalwrites.bsky.social•3 days ago

I’m just glad one can’t die of not being surprised that someone lied or I’d be gone.

brad-compton.bsky.social•3 days ago

And was that 15% truly a saving, or something that will come back to bite us because it was money that needed to be spent?

pippinryan.bsky.social•3 days ago

Wait until people file for unemployment.

drgfromohio.bsky.social•3 days ago

I had a neighbor tell me that unemployment denied her daughters claim because they listed poor performance. They are going to make these people fight the claims one person at a time.. increasing unemployment costs in each state

boover.bsky.social•3 days ago

"Eat now pay later"...when the domino effect of these job losses and program cuts take effect the "savings" will be completely wiped out.

sccharlston716.bsky.social•3 days ago

Cramer and Alex Carp quotes these higher numbers and romanticize DOGE to bizarre levels...

They could use a " hey guys, here is the reality on those numbers"..

horticulturalart.bsky.social•3 days ago

Perhaps they meant "pocketed", rather than saved.

rtothegg.bsky.social•3 days ago

So close!!!

cath34.bsky.social•3 days ago

Good.
This is what I want to know.
I'm all for getting rid of waste and fraud.

magentarocks.bsky.social•3 days ago

LOL, guess every American won't get that $5000 check Space Karen was looking into.

lmh82.bsky.social•3 days ago

We already had a department of inspectors general who were doing this job and doing it rather well. This is a grift and a coup.

gymfreak.bsky.social•3 days ago

Shocking that they lie about everything! 😂

pinonfrijoles.bsky.social•3 days ago

Even if they did find $55B,that's the equivalent of running the Military Industrial Complex for ~20 days.

liquidcarb.bsky.social•3 days ago

This fraud would have meant massive financial and operational control failures, along with Congressional oversight failures for years (while GOP was in the majority)

leanpolitic.bsky.social•3 days ago

Consider the source; yes, our cars are self driving, soon, maybe.

swizzlesister64.bsky.social•3 days ago

And what even has he 'saved'? I mean, I save money by not buying groceries, but that has a consequence.

jbvegas.bsky.social•3 days ago

Why are people saying doge saves anything? It isn't a refund to the American taxpayer, it's a redistribution to the oligarchy. There is no savings.

txdicky.bsky.social•3 days ago

Plus the lost dwell time due to government shutdown. And I'd hate to know how many billions a day that is....

jebnc.bsky.social•3 days ago

Ending Medicare advantage saves $11 billion a year

1truthwhisperer.bsky.social•3 days ago

The ONLY 'advantage' in supposed Medicare advantage is the PROFIT MARGINS of the legalized protection racket 'health' insurance corporations disguised as something other than that.

therealjeff.bsky.social•3 days ago

😂

r2bk.bsky.social•3 days ago

And that’s before factoring in the cost of collateral fraud and corruption by Trump and Musk being enabled by eliminating oversight functions, and the likely cost associated with a multitude of law suits.

wiese2154.bsky.social•3 days ago

Musk is a fraud. He shares that in common with Trump. I wonder if they share a publicist.

tariq-078.bsky.social•2 days ago

No different than Tesla’s last earning call…Trillions in revenue in 5 years based on what Elon thinks..no facts to back it up.

bichonlady.bsky.social•3 days ago

And what is DOGE costing?

donna6226.bsky.social•3 days ago

Something tells me that will soon disappear into musks pockets

oneplanet11.bsky.social•3 days ago

how much will it cost to send Musk to Mars?

garysnyder.bsky.social•3 days ago

Math. And propaganda.

Quite the drink.

reparsons.bsky.social•3 days ago

Considering the source we can assume 1) even the reduced amount is a lie. 2) once you factor in the cost of DOGE screw-ups they are probably net negative at this point. But Musk's pockets certainly seem fuller.

amalayyad45.bsky.social•3 days ago

Please help my family's please 🙏🥺
https://gofund.me/6a9d9abd

bontifax.bsky.social•3 days ago

If the remaining 15% is legit

tglb.bsky.social•3 days ago

@bloomberg.com @opinion.bloomberg.com
I hear you believe in math? Do please carry forward the equation and show your math ~ about 85% less than the figure you quoted?

alicelastname2.bsky.social•3 days ago

Saying any of that is factual...

mrjlindy.bsky.social•3 days ago

That’s not what Fox “News” said !

wirkmittel.bsky.social•3 days ago

"The doge ate my homework"

spoileron.bsky.social•3 days ago

Musk said he would make mistakes in the oval office interview. Like he knew he had nothing to show.

andeu.bsky.social•3 days ago

I'm not bothering with calculating the percantage for the initial 2 trillions😆
Even claiming 55 billions in "savings" and only having proof for 8.6 billions (~15%) does seem like something that should get you into trouble.

andeu.bsky.social•3 days ago

No acountability, no accounting skills

3touraz.bsky.social•3 days ago

How? By Elon sleeping in his office instead of drawing TDY or whatever?

hear-me-roar-2025.bsky.social•3 days ago

https://abcnews.go.com/US/musk-works-slash-federal-spending-firms-received-billions/story?id=118589121

gardenblues2025.bsky.social•3 days ago

Trump/Musk traffick in lies. We shouldn't believe a word they say.

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