The US government’s push for efficiency has led to record layoffs across federal agencies, despite federal workers’ salaries making up only 1% of GDP. While efforts to reduce spending and improve efficiency have sparked debate, experts warn that indiscriminate cuts could harm essential services and the economy. With over 62,000 federal jobs already cut, concerns grow about the broader impact on public services and long-term fiscal stability, as the government works to tackle rising spending pressures.
The US government’s push for efficiency has led to record layoffs across federal agencies, despite federal workers’ salaries making up only 1% of GDP. While efforts to reduce spending and improve efficiency have sparked debate, experts warn that indiscriminate cuts could harm essential services and the economy. With over 62,000 federal jobs already cut, concerns grow about the broader impact on public services and long-term fiscal stability, as the government works to tackle rising spending pressures. The US government’s push for efficiency has led to record layoffs across federal agencies, despite federal workers’ salaries making up only 1% of GDP. While efforts to reduce spending and improve efficiency have sparked debate, experts warn that indiscriminate cuts could harm essential services and the economy. With over 62,000 federal jobs already cut, concerns grow about the broader impact on public services and long-term fiscal stability, as the government works to tackle rising spending pressures.