It also doesn’t account for the value of the lost services to the American Public or the detriment of those lost services on various parts of the American economy.
Speaking of food and the FDA, can someone explain why the FDA allows artificial ingredients in our food supply which countries like Canada and those in Europe ban?
Should have been outlawed long ago, but lobbyists are allowed too many liberties & rights. They are the ones who should have regulations put on them. But you are defending moves made against the agency by bringing up separate ideas as a fence once again, Apologist?
Hard to actually comment on the story as it provided no factual information as to what the FDA yearly budget was being cut to. Does anyone have any exact figures ? I believe the budget was $7.2B this past year.
Now that's a more direct and laudable approach.
What large cuts would you support? It’s fairly obvious we can’t continue this level of spending and be able to fund our social programs long term.
We've talked about the major programs that need intelligent cuts many times before. Why go over this again. You know which programs need major cuts. The cuts being made now will never encompass enough to bring spending down enough to make any real difference. You know that, why go over old topics for the 6th or 8th time. These tiny cuts will never amount to enough, even combined. Not going to cover comments made in the past over again. You've said you think they would make those cuts eventually, and you will wait on them. I think the wait will be eternal. This government is all show, and nothing real.
The current claim is $155B. How much of that you believe will likely depend on your political viewpoint. I think we all agree spending cuts are necessary. I think we can also agree that some of the items we were spending hudrends of millions of dollars on were absurd. Especially considering we were borrowing every cent to fund these programs. The question is will we see a slowdown in the growth of spending in fiscal 2026? For our fiscal stability….we better.
You mention figures but rarely mention the significance of them. 155B if accurate (it is probably way over the real figure) is so insignificant to our budgetary problems it is not even funny. That's less than a penny to our budgetary problems. That is less than 1/100th of a % of our budgetary problems. It is probably much closer to a 1000th of a % of our budgetary problems. And they are risking damage to the education system, damage to the fda(food safety system) etc., etc. You can't ignore these large risks for such a paltry savings. It is beyond ridiculous. The risk is not worth the reward, especially with these dunces in charge of the system. And they are going after the low hanging fruit. Cuts will become harder as time passes.
I have no problem with pharma being represented…. They just can’t be the only represented parties.
It’s been less than 90 days and budgets and appropriations were already complete for the current fiscal year. Are you serious with this ?
That website, and the associated cuts are crap and the people making them are con artists and swindlers. They’re paying Peter thiel way too much money for his mediocre software.
Like I initially said….ones trust in the state savings in the DOGE website will depend on their political leanings. Your response was more than predictable. As I said, we will know the 2026 spending figure
I added it at the last minute and you might not have read it, so I will reemphasize it in this post.
Your faith in those swindlers trying to make the best impression on the public, despite the truth would be amusing if it weren't so serious. Do you think Trump will even allow the truth of the matter to get out to the public if he can help it. You are blind to his lies? He has told enough of them that I wouldn't think you would trust him. People believe what they want to believe, I guess.
flip.it
How can we continue to fight / fund wars and make defense cuts? Dumb post. Now eliminate the $150B going to Ukraine over the past few years and you probably will see a reduction in defense spending.With MAGA and Trump determined to pass additional tax cuts along with increasing military spending, the whole idea of fiscal restraint is a joke. Add in the tarrif and trade chaos and the increasing likelihood of a recession and it goes beyond silly. As our reserve currency status is increasingly shaky, the costs of financing our debt will only go up.
Strange sell-off in the dollar raises the specter of investors losing trust in the US under Trump
Among the threats tariffs pose to the U.S. economy, none may be as strange as the sell-off in the dollar.
Yeah I wasn't even addressing the income side of the equation. Tax cuts will completely outweigh present and many future cuts. And then there is the tariffs. If he ever intends to use these tariffs as more than a threat, they would bring in a bunch of money at the expense of our already tax burdened public, to extremes that they cannot handle. This would probably bring the tax burden on our citizens to more than Europe even pays. And we know this will cause a recession, in which things don't work according to plan in a non recessionary economy.With MAGA and Trump determined to pass additional tax cuts along with increasing military spending, the whole idea of fiscal restraint is a joke. Add in the tarrif and trade chaos and the increasing likelihood of a recession and it goes beyond silly. As our reserve currency status is increasingly shaky, the costs of financing our debt will only go up.
Strange sell-off in the dollar raises the specter of investors losing trust in the US under Trump
Among the threats tariffs pose to the U.S. economy, none may be as strange as the sell-off in the dollar.
That is so paltry an amount, 150B in comparison to our defense spending. There would be no cut in defense spending that would amount to anything. We could eliminate all our aid to foreign countries and it wouldn't amount to anything significant. I've gone over this before and you have already forgotten.
$1T was rainbows and unicorns. Now a $500B reduction in fiscal 2026 would be a huge step. Can we get there ?
If you break it down into annual expenditures, and eliminate the amount we were already giving them before the war started...
I think 500B under this administration is just as much a pipe dream as a trillion. It will slow down, not speed up and they are nowhere near 155B now. They are probably at about 1/2 that at best, with great risk to the taxpayer of damage already done to our system.
We all better hope you’re wrong. Continuing $2T deficits isn’t sustainable. Drastic forced cuts are on the horizon if we don’t get our fiscal house in order
The recession will probably help extend our problem a little bit down the line.
Why would a reduction in tax revenue extend our ability to service our growing debt?
It wouldn't help with our present debt except that loan rates should drop. It all comes out in the wash with lower tax revenue though.
The best way to cut deficits is to create economic growth. Would you be surprised if the deficit actually goes up as a percentage of the budget even after this round of cuts? I wouldn't.
Loan rates won't drop this time. Treasuries are not proving to be the economic safe-haven that they have been in the past.
I know we are living in strange times where certain rules aren't holding like they should, but I'll still assume this one holds. I'll believe that when we are in the middle of the recession and rates haven't dropped. Everything changes in a recession.
Maybe, but the ignored side of the US budget is the income side: taxes. Why do we need a tax cut when 90% of the benefit goes to people who don't need it? Why undermine the ability of the IRS to collect the taxes are already due? The concentration of wealth in the US is already far worse than a banana republic and excessive money has distorted our elections. Trickle down and Laffer Curve economics have driven us to our current predictament. It won't get us out of it.
