One overlooked budget impact if any federal spending is cut from the Musk and Ramaswamy effort, Congress passes legislation followed by a President Trump signature is federal spending that goes to state budgets, which would decrease accordingly. The downstream impact will be real and its magnitude will vary per state. Fewer state employees, reduced state government financial dependency on federal program dollars could mean greater freedom in daily life for many state residents.
Many state government budget officials and accountants are annually lulled to sleep by the almost automatic yearly federal dollars transferred to implement federal programs. If these annual federal dollars fly away then federal programs in states will flee in time and state taxpayers are subject to less fleecing.
Bet nobody thought of this, did they? The DOGE cuts to the federal government budgets WILL get passed on through to the states and the states will be missing that much money for their budgets. The states can decide to cut budgets, borrow more or tax more, since they don’t control the money spigots. They are mostly stretched to the limit on borrowing, too. Maybe Pritzker and Newscum will be willing to throw their own money into the new budgeting realities! How do you think the states will handle this feature of the new Trumpster reality?