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I am cautiously optimistic that we will reach the $4B/day FY2026 reduction this weekend https://t.co/XQBK3rqkwo
— Elon Musk (@elonmusk) February 1, 2025
Reducing the federal deficit from $2T to $1T in FY2026 requires cutting an average of
$4B/day in projected 2026 spending from now to Sept 30.
That would still result in a $1T deficit, but economic growth should be able to match that number, which would mean no inflation in 2026.
Super big deal.
I am cautiously optimistic that we will reach the $4B/day FY2026 reduction this weekend https://t.co/XQBK3rqkwo
— Elon Musk (@elonmusk) February 1, 2025
I am cautiously optimistic that we will reach the $4B/day FY2026 reduction this weekend
I am cautiously optimistic that we will reach the $4B/day FY2026 reduction this weekend https://t.co/XQBK3rqkwo
— Elon Musk (@elonmusk) February 1, 2025
Elon Musk's DOGE commission gains access to sensitive Treasury payment systems
WASHINGTON (AP) — The Department of Government Efficiency, run by President Donald Trump's billionaire adviser and Tesla CEO Elon Musk, has gained access to sensitive Treasury data including Social Security and Medicare customer payment systems, according to two people familiar with the situation.
https://apnews.com/article/donald-trump-elon-musk-doge-treasury-5e26cc80fcb766981cea56afd57ae759
"They seem to want Treasury to be the chokepoint on payments, and that's unprecedented," the person added, emphasizing that it is not the bureau's role to decide which payments to make — it is "just to make the f-ing payments."
https://www.cnn.com/2025/01/31/politics/doge-treasury-department-federal-spending/index.html
Federal Outlays Breakdown, these are what the treasury actually pays out
Throughout this page, we use outlays to represent spending. This is money that has actually been paid out and not just promised to be paid. When issuing a contract or grant, the U.S. government enters a binding agreement called an obligation. This means the government promises to spend the money, either immediately or in the future. As an example, an obligation occurs when a federal agency signs a contract, awards a grant, purchases a service, or takes other actions that require it to make a payment. Obligations do not always result in payments being made, which is why we show actual outlays that reflect actual spending occurring.
Napkin math with last years numbers:
Social Security: $374 B (19.7%)
National Defense: $262 B (13.8%)
Health: $246 B (13.0%)
Net Interest: $242 B (12.8%)
Medicare: $233 B (12.3%)
Income Security: $162 B (8.5%)
Veterans Benefits and Services: $105 B (5.5%)
Education, Training, Employment, and Social Services: $52 B (2.7%)
Natural Resources and Environment: $39 B (2.1%)
Transportation: $36 B (1.9%)
Other: $43 B (2.3%)
Total Outlays Spending: $1.9 trillion
Assuming boomers and the defense companies are untouchable and muskrat isn't r-slurred enough to default on interest payments overnight this can be met by immediately halting payments for:
- Income security(162b) + Vets services(105b) + Education(52b) + Environment (39b) + transportation (36b) + Other(43b) = (.162+.105+.052+.039+0.036+.043) trillion = 0.437 Trillion dollars
Lets slap on a halt for all healthcare outlays including medicaid for 246b to get 0.683 Trillion dollars . Nowhere near enough dollarydoos to meet the target.
Lets make some harder sacrifices. All outlays to the penta-GONE (262b) for 0.945 Trillion. Now the target can easily be solved by reducing SS payments by 14% .
Bigger picture 1 trillion dollars is 3.65% of nominal GDP and 1 trillion dollars worth of outlays being halted for a year from this scheme fires a solid chunk of 2 million soldiers, 2 million federal employees, every contractor so something like ~5-7 million people? Pulling some galaxy brained napkin math out my butt thats 1/16th the total workforce for an additional 6% unemployment not including private sector income loss by sept 30.
UPDATE: FAKE NEWS
MULTIPLE ABOVE SPENDING BUDGET BY 3
Will this go through ?
Who knows ? Its literally the most illegally r-slurred way of cutting the deficit imaginable .
But muskrat says its the plan and this is what the payments system controls
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Something new is coming to the shops. ⚡️💙⚡️ officialsonichu.com/collections/... www.etsy.com/shop/Officia...
— CPU Jesus Christ Chan Sonichu Prime (@cpujcwcsprime.bsky.social) 2025-02-04T17:18:03.180Z
Chris' handlers still haven't figured out how to use the bluesky block features yet like they do on . Probably because nobody actually uses bluesky. Weens barely even try even though chris officially switched there to fight drumpv and elmo or whatever.
- King_K_Rool : It's back again
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!nonchuds !lgbt !cuteandinvalid WTF??????? Fricking Trumps America
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For anyone unfamiliar, the eponymous "crises" in the title are NOT about the evil orange man who is bad - Notes on the Crises is a political economy newsletter started a few years ago by Nathan Tankus to comment on the intersecting global economic disasters triggered by the Covid-19 pandemic.
Nathan is a @TracingWoodgrains style "truth neurodivergent" not a wingcucked political hack. He's just a big giant dork who does things like FOIA request the minutes from all US Federal Reserve Board meetings from 1967-1973
Nathan looks like this, and I would believe almost anything that he writes, because it is backed by powerful neurodivergent spirits.
When he writes about the COBOL code in the treasury department, I'm confident he's talking to beardy old men who write and maintain that code.
I would also like to clarify some confusion on social media. The issue with understanding and grasping a COBOL system is not knowing COBOL, as a programming language, in the abstract. Nor is it, god help me, something that AI can "do" because you fired one of these chatbots up and got some code that could compile when you asked "write me some COBOL code". The issue is understanding the specific physical limitations of the system, the way that it interacts with the "Business Logic" of the code and a million other contextual factors.
There is specific code which tells you where to direct specific payments in specific ways and the structures, and why they are structured the way they are, requires deep contextual knowledge. This is "business logic". The entire issue with COBOL and why it has been such a struggle to maintain it is that COBOL systems (both private and public) developed for decades with very little documentation, have a million different path dependent coding choices. Mar Hicks 2020 article in Logic Magazine "Built to Last" is worth a read on this topic.
This is what I meant yesterday when I referenced that 30 different COBOL systems at Treasury had developed their own "dialects" and they launched Payment Application Modernization (PAM), which among other things, unified them. What they unified was the business logic of those systems (as well as likely other factors, most notably the physical architecture of the systems they ran on). Part of me wishes they didn't modernize with PAM because those 30 different and distinct systems would have been more secure from their infiltration. PAM processed 4.7 trillion dollars of payments in 2024.
It's also true that some similar issues can emerge with other more recent programming languages and the way "business logic" emerges if a mission critical IT system developed using a more recent programming language. But COBOL is unique; after all it's literally "common business-oriented language". So while knowing the COBOL programming language is better than not knowing it, it does not make that much of a difference with these young Musk programmers mucking about.
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Most Based Comments
Basedness: 🔥🔥🔥🔘🔘
I read through the article quickly. What has Elon Musk done about Reddit exactly? Sounds like he just said "This is insane". Maybe I missed something? (9318)
Nope just posted that too lol that is him taking aim at reddit (78)
Basedness: 🔥🔥🔘🔘🔘
of course not, this is TECHNOLOGY forum.technology is an interest of the educated.no magas to be seen. (48)
Basedness: 🔥🔘🔘🔘🔘
Angriest Comments
Angriness: 😡😡😡😡😡
What values of liberals do you not like? Keep in mind I said values, not talking points. (2)
Angriness: 😡😡😡😡😡
Angriness: 😡😡😡😡😡
Biggest Lolcow: /u/Defiant-Witness-8742
Score: 🐮🐮🔘🔘🔘
Number of comments: 5
Average angriness: 🔘🔘🔘🔘🔘
Maximum angriness: 😡😡🔘🔘🔘
Minimum angriness: 🔘🔘🔘🔘🔘
NEW: Subscribe to /h/miners to see untapped drama veins, ripe for mining!
autodrama: automating away the jobs of dramneurodivergents. Ping HeyMoon if there are any problems or you have a suggestion
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!cuteandinvalid !lgbt !nonchuds Fcuk you Emlo and Drumpf the Resistance will get yuor butt
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I am desperate for sleep, honey
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worst i've ever seen it is it just edgier /r/politics now or something
- Geralt_of_Uganda : h/pol/
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The YouTube comments are sneedfest.
Redditors have the same day.
/r/politics
/r/destiny
https://old.reddit.com/r/Destiny/comments/1ibulwx/what_the_frick_is_going_on_with_jon_stewart/
https://old.reddit.com/r/Destiny/comments/1ibv4uf/jon_stewart_says_trump_isnt_a_fascist_and/
/r/television
https://old.reddit.com/r/television/comments/1ibt1ys/jon_stewart_on_whether_dems_trump_is_a_fascist/
/r/JonStewart
https://old.reddit.com/r/DailyShow/comments/1ibwgt3/kinda_disappointed_with_jon_tonight/
Our xisters at /r/redscarepod have a sensible chuckle
/r/themajorityreport will no longer support Jon Stewart/AOC 2028
And this guy is spamming this same post across some other subs
Probably lots more.
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There was 0 care when Elon gave his three word reply to a tweet about redditors wanting to kill him and his zoomer concubines :soysnooseethetalkingtyping: and the sub just went down at a snap of the finger.
We all know it's because of them needing to janny it up so he can't find anything more, but does he even have any power to potentially bring the entire site down?
He always replies to longposts about shit nobody cares about so could it be possible to compile a large list of Reddit wrongs , threadify them for twitter , then send it straight to him and see where this goes?
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Democrat activist Olivia Julianna is threatening to go on a hunger strike until USAID is restored. pic.twitter.com/PsggeTHvaq
— Bad Hombre (@joma_gc) February 6, 2025
🍗🍗🍗 pic.twitter.com/Ynh1qy1OuP
— ThatOneGuy55 (@Tesla7771) February 6, 2025
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https://t.co/HOoqGGCmxj pic.twitter.com/ln6hK3ejuF
— RAWDAWG COMICS (@rawdawgcomics) February 6, 2025
- Wojak : ywnbaw
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This woman made a post a week ago stating that Trump will make the great reveal today. I guess he still has a few hours left to do that.
This guy says Trump will soon reveal technology that will revolutionize transportation, but all of the replies are just concerned with when he is going to bring out the medbeds.
A poll is posted asking people if they believe medbeds are real. 63% say yes.
This guy replies saying the town where Trump got shot actually already has a medbed center open.
What the heck is Tesla BioHealing? Any connection to Musk, or are they just piggybacking off the name?
https://www.teslabiohealing.com/
This is their website. What the heck is with that tab in Japanese? Clicking it downloads a PDF in Japanese that talks about how they provide minerals that can fix your "chi." Seems like a legit medical company.
The FAQ section on their website talks incessantly about some pseudo-health shit involving "biophotons" whatever the frick that means.
This section of the FAQ is what holds any real information. The "cover our butt legally" part buried in the FAQ.
Actually, Elon Musk already disclosed that medbeds exist in a video I saw but can't remember the name of and basically you're fricking stupid if you still think they aren't real.
Is this person a fricking bot?
Trump is going to usher in a communist utopia according to these people.
Military bases have been filled up with medbeds and very soon you will be able to go to one and get all of your physical ailments solved FOR FREE!
Very soon all hospitals will be shut down and completely replaced by medbeds. I, for one, can't wait. Thank you, Mr. President!
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Now playing: Boss Bossanova (DKC2).mp3