Maybe There is $2 Trillion of Cost Savings

The House Ways and Means Committee released a report on possible savings from certain programs. It can add up.

Jan 22, 2025

∙ Paid

Utah State Capital Building, USA — Photo by Chris An on Unsplash

The House Ways and Means Committee last week issued a 51-page report outlining possible cost savings for various programs or initiatives.

In reviewing the report, it does appear that Congress could easily cut costs by $2 trillion over 10 years but making some key changes to certain programs. However, will they have the will to do it is the main question. We shall see and may likely know in the next few months if they can achieve it or not.

Here are some of the highlights of the report (savings over 10 years):

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