DOGE's ambitious 100-day reform initiative, spearheaded by Elon Musk and Vivek Ramaswamy, concluded prematurely due to escalating federal spending and legal obstacles. Despite efforts to reduce costs, including the elimination of 271,000 jobs, federal spending for 2025 increased to between $7.01 trillion and $7.6 trillion, marking a rise of $24.8 billion to $48 billion from the previous year. The CFT framework's impact was limited as mandatory expenditures remained unchanged.
By November, the reform initiative was disbanded eight months ahead of schedule. Initial projections of saving $30 billion to $250 billion fell significantly short of the $2 trillion target. Additionally, the weakening of IRS enforcement could potentially impact long-term tax revenue, while liquidity in cryptocurrency markets showed minimal direct correlation with the reform efforts.
DOGE's 100-Day Reform Ends Early Amid Spending and Legal Challenges
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