• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

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

by October 2, 2025
written by October 2, 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
0 comment
0
FacebookTwitterPinterestEmail

previous post
Reagan-appointed judge, once rebuked by Supreme Court, continues to lambaste Trump
next post
FLASHBACK: James Comey urged officials to always prosecute high-profile perjury cases

related articles

DOJ busts ‘Greggy’s Cult’ child exploitation network that...

December 3, 2025

Trump doubles down on voiding Biden autopen actions,...

December 3, 2025

Hegseth erupts over WaPo ‘fake stories’, vows to...

December 3, 2025

Trump lays out where he stands with Elon...

December 2, 2025

GOP fractures over Hegseth’s ‘double-tap’ Caribbean strike as...

December 2, 2025

Hegseth erupts over WaPo ‘fake stories’ smear, vows...

December 2, 2025

Taxpayers on the hook for lawn care, fixing...

December 2, 2025

Experts dispute Nigerian government’s claims amid congressional probe...

December 2, 2025

Putin warns Russia ‘ready’ if Europe ‘suddenly wants...

December 2, 2025

Rosie O’Donnell says daughter blames Trump for forcing...

December 2, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Legal experts say Kash Patel’s opposition to warrant requirement is not a major split

    January 31, 2025
  • Here’s what happened during President Donald Trump’s 5th week in office

    February 22, 2025
  • Mossad chief thanks US for help with Iran, says ‘mission is not yet complete’

    June 26, 2025
  • Vance: Adversaries are ‘afraid’ of US military, and that makes tough talks like Putin possible

    August 13, 2025
  • EXCLUSIVE: Franklin Graham praises VP Vance’s stand, critiques his ‘salty’ language in RFK Jr. defense

    September 5, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,938)
  • Investing (634)
  • Stock (958)

Latest Posts

  • European diplomats urge Iran to continue US nuclear talks in first face-to-face since strikes started

    June 20, 2025
  • Deep State resistance taught Trump he needed to tame bureaucrats

    February 18, 2025
  • Starbucks’ new CEO will supercommute 1,000 miles from California to Seattle

    August 21, 2024

Recent Posts

  • EURAUD and EURNZD: New annual high for EURNZD at 1.82573

    July 23, 2024
  • FLASHBACK: New Harris campaign senior adviser made several insensitive comments about women, gay people

    July 26, 2024
  • Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers

    February 5, 2025

Editor’s Pick

  • Rubio-run State Department dumps Biden-era DEI hiring criteria, replaces with ‘fidelity’

    July 3, 2025
  • Trump says China’s Xi called him amid ongoing confusion over trade talks

    April 25, 2025
  • DOGE uncovers over 4M government credit cards responsible for 90M transactions

    February 19, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock