Donald Trump ally and probable future cabinet member Elon Musk went out on a limb during the Madison Square Garden rally, claiming he could cut $2 trillion from the budget.
“How much do you think we can rip out of this wasted, $6.5 trillion Harris-Biden budget?” Howard Lutnick, a Wall Street CEO and Trump’s transition team co-chair, asked Musk.
Musk said in response that he thinks “at least $2 trillion” could be cut. It’s a nice round number, but how realistic is it?
If we’re asking if the fat is there to achieve $2 trillion in cuts, the answer is obviously “yes.” If you’re asking if it can realistically be done, the answer is a resounding “no.”
Most of the thousands and thousands of federal programs and departments have a constituency in Congress. Each of those line items in the budget represents human beings: sick people, poor people, old people, babies, and tens of millions of other human beings that would die without federal assistance. That’s the reality for anyone who wants to cut the budget. […]
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