Comment by bcrosby95

2 months ago

Where are you getting your numbers? Social security is well known as one of the most efficient government agencies.

https://www.ssa.gov/oact/STATS/admin.html

A 10% increase in administration efficiency would shave of $700 million.

Social security disability has much higher admin cost percentage.

But regardless, a 10% improvement in efficiency, in one government program, potentially saves almost $1B.

That seems quite striking to me when you think about all the US government programs.

  • So let's, for the sake of argument, say that there are two hundred similarly sized efficiency savings to be found in the US federal budget.

    Congratulations, you just saved 200 billion dollars of expenditure.

    The difference between expenditure and revenue in 2023 was 1.7 trillion.

    Let me be clear - if money is being spent poorly, that is bad and it should be spent more effectively, or not spent at all. I'm just trying to demonstrate that "waste", at least waste as it is traditionally understood, is almost irrelevant in any attempt to balance the federal budget.