Elon Musk’s hyperactive efficiency drive failed to prevent US federal spending rising to a record $603bn last month, new Treasury data has revealed, highlighting the Trump administration’s difficulty in drastically cutting the size of government.
Musk’s so-called Department of Government Efficiency claims to have already made more than $100bn of savings, but only a handful of departments registered any drops in spending in the first full month of the new administration.
Spending rose by $40bn compared with the same month last year on a like-for-like basis, a 7 per cent increase.
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