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Friday, December 5, 2025

Despite DOGE, Trump’s agenda calls for adding trillions of dollars to U.S. debt

Despite DOGE, Trump’s agenda calls for adding trillions of dollars to U.S. debt

Budget experts say Trump’s tax and spending priorities would increase red ink, even as he boasts of balancing the budget. “I don’t think their rhetoric matches reality,” one says.
 

President Donald Trump and his billionaire adviser Elon Musk have sent shock waves through the federal government by attempting to take a hatchet to certain agencies in the name of reducing the federal deficit.

“BALANCED BUDGET!!!” Trump posted this month on Truth Social. Musk added on X, “Balanced budget is going to happen.”

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