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Memo To Musk & Ramaswamy: How To Cut The Bone By $1.1 Trillion, Part 13

Memo To Musk & Ramaswamy: How To Cut The Bone By $1.1 Trillion, Part 13

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david stockman
Dec 11, 2024
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David Stockmans Contra Corner
Memo To Musk & Ramaswamy: How To Cut The Bone By $1.1 Trillion, Part 13
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The cut-the-bone savings for FY 2029 are summarized in the table below and are then explained and amplified in the sections which follow. The key point here, however, is that you can’t get even close to the $1.1 trillion savings target for entitlements without upwards of a 21% or $725 billion of reduction from the $3.43 trillion baseline for Social Secu…

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