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![KobeissiLetter Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3316376038.png) The Kobeissi Letter [@KobeissiLetter](/creator/twitter/KobeissiLetter) on x 944.5K followers
Created: 2025-07-10 14:34:17 UTC

As we have already stated, the only solution is to cut spending.

We cannot raise revenue at the rate that spending is rising.

This is what @DOGE and @ElonMusk attempted.

However, under the new spending bill, the US deficit will likely grow by ~18x DOGE's current savings.

![](https://pbs.twimg.com/media/GvgM0HdXYAEMTwn.png)

XXXXXX engagements

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**Related Topics**
[government spending](/topic/government-spending)
[bill the](/topic/bill-the)
[elon musk](/topic/elon-musk)
[the new](/topic/the-new)

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