Will DOGE lose more money than it saves?

Thursday, April 17, 2025

The Department of Government Efficiency claims that it has saved the country $115 billion so far. But is this accurate? On DOGE's website, it claims that $115 billion has saved taxpayers around $715 each. However, according to The New York Times, DOGE has deleted hundreds of claims from its "wall of receipts" several times. This includes early March, when the agency erased $4 billion in additional savings it claimed to have made for taxpayers.

Are the cuts DOGE is making, including federal worker layoffs, actually saving money?

Posted by LampLighter at 01:23 AM | 5 COMMENTS | permalink | Comment on This Entry |

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More from the article ...

... Internal Revenue Service layoffs

According to the Washington Post, DOGE's plan to cut staff at the IRS by up to 50% would lead to a $400 billion increase in uncollected taxes over the next 10 years. This could lead to $2 trillion in losses.

Right now, the IRS fails to collect around $700 billion in taxes that are owed each year. The Quarterly Journal of Economics suggests that every dollar that is spent on auditing individuals in the top 10% of earners returns around $12.

However, the Treasury Department's inspector general has previously estimated that each hour spent auditing a high earner creates close to $5,000 more in tax revenue, according to The New York Times.

Tax season could also be a lot less efficient if these employees are cut. During the 2022 filing season, the IRS only answered less than 20% of the calls that they received. That was when the IRS had around 79,000 employees. The Trump administration is reportedly looking to cut it to around 50,000 employees. ...

#1 | Posted by LampLighter at 2025-04-17 01:25 AM | Reply

@#1 ... The Quarterly Journal of Economics suggests that every dollar that is spent on auditing individuals in the top 10% of earners returns around $12. ...

So, in Trump-speak that this is saving money, but I have to ask ... how?

#2 | Posted by LampLighter at 2025-04-17 01:27 AM | Reply

No, it's not saving s*&^.

The point wasn't actual savings. The point was the mirage of savings so that people would object less to the massive debt we're about to be saddled with for tax cuts and insider spending.

We've been turned into a giant collective piggy bank and all actions so far is geared towards masking and excusing this.

Destroying any remaining faith in government is just a bonus.

#3 | Posted by jpw at 2025-04-17 02:08 AM | Reply | Newsworthy 1

DOGE is about the destruction of America and civilized society

#4 | Posted by hamburglar at 2025-04-17 09:16 AM | Reply

By design.

The DOGE goal is to get elmo's companies entrenched in the government offices in order to steal billions annually from the taxpayers.

#5 | Posted by Nixon at 2025-04-17 10:01 AM | Reply