Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Politics

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

by October 2, 2025
October 2, 2025
Trump’s DOGE savings dwarfed by Medicare, Social Security spending, watchdog finds

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
FacebookTwitterGoogle +Pinterest
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

You may also like

Ex-Trump DHS official sounds alarm over national security...

December 16, 2025

Trump allies turn up the heat on GOP...

December 12, 2024

Biden bites babies visiting for White House Halloween...

October 31, 2024

Rubio condemns Iran’s ‘unacceptable’ threats against IAEA director

June 28, 2025

Highlights from President-elect Donald Trump’s 1st Inauguration Day;...

January 18, 2025

US sanctions 6 Beijing, Hong Kong authorities for...

March 31, 2025

Charity leaders slam Biden admin’s response to US...

November 18, 2024

Aging Putin brings younger generation, family members into...

October 28, 2025

Senate GOP agree to strip cuts to HIV,...

July 15, 2025

Gabbard ends task force that aimed to reform...

February 12, 2026

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


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



    Latest

    • Iran says US must ‘prove they want to do a deal’ on nuclear talks in Geneva

      February 16, 2026
    • Man who burned Quran in London may get US asylum as case draws Trump administration attention

      February 16, 2026
    • DAVID MARCUS: Trump hits the links with a chance to bring in an ace

      February 15, 2026
    • Schumer says Dems will fight voter ID push ‘tooth and nail,’ balks at DHS role in elections

      February 15, 2026
    • Hillary Clinton clashes with Czech leader over Trump policies at Munich security conference

      February 15, 2026
    • The one sentence in Rubio’s Munich speech that revealed Trump’s red line for Europe

      February 15, 2026

    Categories

    • Business (850)
    • Investing (661)
    • Politics (7,484)
    • World News (3,213)

    Disclaimer: WhaleLargeCapital.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 © 2026 whalelargecapital.com | All Rights Reserved