On the record about
3 people · 6 quotes · 21 Nov 2024 to 20 Mar 2025
3 of 3 lanes rest on fewer than 5 quotes and are marked thin. Offsets are days from the middle first-quote date, 21 Nov 2024 — a date, and nothing else. It is not a claim about who reached a view first.
Gurley says DOGE methodology is to expose government waste publicly, with transparency as disinfectant.
“The methodology that I'm gonna assume was Elon's idea is basically to shine a flashlight on the ideocracy that exists. And, you know, transparency can be a hell of a disinfectant.”
Gurley says two largest US departments failed audits for three to five years running.
“one of the things that's already come up is I think two of the largest departments in the country have failed audits for like three to five of the past years.”
Gerstner argues federal budget can balance in four years with modest 5-5-2% spending cuts and 3-4% revenue growth.
“So all that does is get you back to trend line from 2019 As though we increased spending 3% a year from 2019, the budget balances.”
Gerstner argues balancing the budget by 2029 requires reducing government spending 3% annually from $7T to $6T.
“Now you get there by simply reducing the size of government by about 3% a year for the next four years. Again, just still going from 5,000,000,000,000 in 2019 to 6,000,000,000,000 in 2029.”
Gerstner calculates proposed tariffs would 10x revenue to $500B while Doge cuts $1T spending, totaling $1.5T austerity.
“If you look at tariffs, they're likely to impose, we currently generate about $50,000,000,000 in tariff revenue. The president is targeting 500,000,000,000, so a 10x increase in tariff revenue.”
Lutnick claims no one has ever audited nearly $4 trillion in entitlement spending.
“No one's ever checked the just under $4,000,000,000,000 of entitlements. Every politician thinks what you have to do is you have to take the retirement age from 65 and make it a 70.”