An analysis of the United States of America Treasury report in the second quarter of 2025 showed that US borrowing needs had declined significantly amid Department of Government Efficiency reduction in cost of governance efforts.
This is according to a Zero Hedge report published on Monday citing the US Treasury statement for the Q2 and Q3 calendars.
The report, also reposted by the Department of Government Efficiency’s X account on Tuesday, indicated that the efforts of the agency under President Donald Trump’s administration have pushed down US borrowing needs to $53 billion lower than the figure in the first quarter, particularly in February.
It stated that sustained fiscal prudence would result in improved inflows by easing the US debt ceiling challenge.
“The current quarter borrowing estimate is $53 billion lower than announced in February,”; Treasury reported as an endnote to its borrowing needs paragraph, indicating that DOGE is indeed working and the US funding needs are actually declining.
“Fiscal flows year-to-date are coming in better than expected (thank you, DOGE). Gross receipts are tracking slightly above prior-year levels (adjusted for CBO forecasts for 2025), while outlays are closer to the bottom of the historical range, although sadly nowhere near enough to make a notable impression over the long term,”; the report added.
DOGE, led by Tech mogul Elon Musk, said it had saved US $160 billion, which is short of its $2 trillion self-imposed target in its quest to cut waste.
