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Joel Rosenfield's avatar

A big part of people's confidence of Trump cutting the deficit was that DOGE eventually was going to save $2T/yr. That would have been about 30% of the federal budget, which would have allowed maintaining the current level of services and also make the tax cuts permanent, and still balance the budget.

Once people decided that DOGE was not going to be able to do that, the numbers went back to historical norms.

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