1. It has been exactly 1 week since inauguration. If DOGE is saving $1 billion/day already, this is unprecedented

2. Let’s assume they save $1 billion/day for the entire year one, a total of $365 billion through January 2026

3. In FY2024, the US deficit came in at ~$1.8 trillion. This means DOGE could reduce US deficit spending by 20% in YEAR ONE

4. To put this into perspective, the US spent ~$850 billion on Defense Spending in 2024, the savings would equal ~43% of Defense Spending

5. Net interest costs on US debt came in at $882 billion in 2024 with an average interest rate of 3.3% on US federal debt

6. If the DOGE can actually cut $365 billion in deficit spending, this would save over ~$12 BILLION of incremental interest expense PER YEAR

7. The 10-year note yield is up over 100 basis points since rate cuts began on rising inflation and deficit spending worries

8. If deficit spending actually starts to decline and the 100 bps rise in yields is reversed, this would save US consumers TRILLIONS in interest over the next decade

9. To erase the FY2024 deficit completely, DOGE would need to cut $5 billion per day, or 5 TIMES more than what has already been cut

10. The last US president to achieve a budget surplus and reduce deficit spending was Bill Clinton in 1998

If a budget surplus is achieved, Trump and Elon Musk’s DOGE would be the 2nd to do it since 1969.

Can DOGE make history?