Tag: Defense Budget

‘Cutting Waste Is Not a Partisan Idea’: Trump’s DOGE Secures Support from Dem Lawmakers

Daily Caller News Foundation
Elon Musk and Donald Trump

Elon Musk and Vivek Ramaswamy’s plans to cut waste, fraud and abuse within the federal government’s nearly $7 trillion budget through President-elect Donald Trump’s Department of Government Efficiency (DOGE) is beginning to attract support from a notable group: Democratic lawmakers.

Democratic Florida Rep. Jared Moskowitz is the first Democratic lawmaker to join the House’s DOGE Caucus helmed by Republican Reps. Aaron Bean of Florida and Pete Sessions of Texas, according to a Tuesday press release.

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Federal Government Will Spend More on Debt Payments than the Entire Defense Budget

Michigan Star Staff

Interest on federal debt is set to skyrocket, potentially surpassing defense spending by as early as 2025, CNN reported Tuesday.

The federal government made $475 billion in net interest payments in the fiscal year 2022 — which ended in September  — up from $352 in fiscal year 2021, according to the Treasury Department. The number exceeds the $406 billion spent on transportation and veterans’ benefits, and is on track to eclipse the roughly $750 billion spent on defense this year between 2025 to 2026, according to CNN, citing financial analytics firm Moody’s Analytics.

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