this post was submitted on 01 Dec 2024
546 points (95.3% liked)
Technology
59774 readers
3103 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yeah, my coworkers were kind of excited about Trump cutting $2T, and I tried to explain to them that's not feasible with the way budgets are set up. They could maybe cut $1T if they really went deep, but to get anything more, they'd have to cut SS, Medicare, and the military, and Trump said that's off limits.
I doubt they'll hit $500B. They might get $2T over 10 years (so $200B/year) though, which I guess is how Congress likes to quantify spending changes to lessen the blow.