Redwood Invest Report
  • Business
  • Politics
  • Stocks
  • Investing
  • Business
  • Politics
  • Stocks
  • Investing

Redwood Invest Report

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
FLASHBACK: James Comey urged officials to always prosecute high-profile perjury cases

Related Posts

GOP fractures over Hegseth’s ‘double-tap’ Caribbean strike as...

December 3, 2025

‘Ghost ships’ ferrying illicit oil have sailed into...

December 16, 2025

Trump to void all documents allegedly signed by...

November 29, 2025

Trump announces two-year closure of Trump Kennedy Center...

February 2, 2026

Thune says ‘wheels came off’ as Republicans mull...

November 8, 2025

Clinton camp demands DOJ drop remaining Epstein files,...

December 23, 2025

Meet ‘China’s man in Lima’ who jetted over...

July 13, 2025

Dem delay tactic ends, debate begins on Trump’s...

June 30, 2025

Zelenskyy agrees to Trump-Putin meeting without cease-fire, but...

August 19, 2025

FBI calls for public tips on children hurt...

June 3, 2025

    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.

    Recent

    • DOJ removes Ed Martin from Trump admin’s Weaponization Working Group amid increased activity

    • Fox News Digital report spurs 22 AGs to urge expanded House probe into alleged judicial bias

    • Trump undercuts GOP push to attach SAVE Act to shutdown bill as conservatives threaten mutiny

    • EXCLUSIVE: Gabbard outlines election security assessment, presence at Fulton County search

    • Clintons agree to testify after House threatens contempt in Jeffrey Epstein probe

    • House GOP majority shrinks to just one vote as Johnson swears in new House Democrat

    Categories

    • Business (202)
    • Investing (1,734)
    • Politics (2,074)
    • Stocks (119)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 redwoodinvestreport.com | All Rights Reserved