2b in reduced liabilities for Elon‘s companies
If DOGE is overstating savings, I doubt they are doing so by 900% which is what it would take for savings to dip into negative territory. Either that or losses are severely understated, but again if so probably not by enough.
Also, the analysis in the study is conservative, and does not include follow on effects due to obvious immediate economic damage from the cuts (which seem to have been chosen to maximize damage to the economy).
$21.7B net cost is probably too low if you include that. If you value the programs that were eliminated at $0, the net cost was still in the billions.
ChrisArchitect•6mo ago
Sen. Blumenthal's website release perhaps:
https://www.blumenthal.senate.gov/newsroom/press/release/07/...
PDF: https://www.hsgac.senate.gov/subcommittees/investigations/li...