Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Dem Senate primary erupts in key state as...
Trump-backed candidate aims to pad GOP’s fragile House...
White House unleashes on Stacey Abrams in latest...
Ilhan Omar calls Trump an ‘unhinged lunatic,’ urges...
Former Virginia Gov Glenn Youngkin hints at political...
Trump’s apocalyptic Iran warning raises stakes for sweeping...
Graham eyes ‘down payment’ on Trump-backed SAVE Act...
Midterm alarm bells: Democrats face steep favorability deficit...
Democrat whose parents fled Iran moves to oust...
American journalist kidnapped in Iraq is set free,...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Politics

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

by admin October 3, 2025
October 3, 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

previous post
Reagan-appointed judge, once rebuked by Supreme Court, continues to lambaste Trump
next post
Editor’s Picks: Gold Price Sets Sights on US$3,900, Silver Breaks US$48

You may also like

‘JOE, YOU’RE FIRED’: President Trump revokes Biden’s security...

February 8, 2025

FBI takes suspect in attack on US Attorney...

November 15, 2025

Biden undergoes radiation therapy for cancer, spokesperson says

October 11, 2025

Trump says 10 hostages will be returning from...

July 19, 2025

‘Disturbing’: Whistleblower fumes at Biden-era agency promoting DEI...

February 7, 2025

FLASHBACK: Biden shrugs off Hur report when pressed...

May 17, 2025

Trump makes historic UAE visit as first US...

May 15, 2025

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

June 29, 2025

Harris literally threw ‘JOE BIDEN WON’ talking points...

September 26, 2025

Canadian PM Justin Trudeau to announce resignation as...

January 6, 2025

Recent Posts

  • Dem Senate primary erupts in key state as candidate teams up with radical streamer: ‘America deserved 9/11’
  • Trump-backed candidate aims to pad GOP’s fragile House majority battle in showdown for MTG’s seat
  • White House unleashes on Stacey Abrams in latest clash over Trump’s election order
  • Ilhan Omar calls Trump an ‘unhinged lunatic,’ urges booting him out of office
  • Former Virginia Gov Glenn Youngkin hints at political future, says he’s ‘chomping at the bit’ after exit

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


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

    Categories

    • Business (1,017)
    • Investing (4,320)
    • Politics (5,303)
    • Stock (4)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.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 Sightful Invest. All Rights Reserved.