DOGE’s Financial Dynamics: Savings vs. Taxpayer Costs

by News Editor

April 26, 2025

As part of Elon Musk’s initiative, the Department of Government Efficiency (DOGE) claims to have saved $160 billion by reducing wasteful government spending. However, an analysis highlights that these savings might come at a hefty price of $135 billion to taxpayers, according to a nonpartisan group.

The Financial Breakdown

The analysis by the Partnership for Public Service (PSP) points to costs from furloughing federal employees, re-hiring, and inefficiencies. They calculate this using the $270 billion federal workforce compensation, excluding legal defense costs and IRS staff reductions, potentially impacting $323 billion in future tax revenue.

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Understanding the Implications

DOGE’s encouragement of early resignation has left employees benefiting from full pay without work. Mistakes in firing key roles, like bird flu experts, have led agencies to backtrack. The productivity drop due to new bureaucratic demands is another cost dimension. Max Stier of PSP commented on the stark contrast between stated goals and visible outcomes.

Broader Economic Impacts

Potential long-term impacts could touch sectors like health research, forecasting a $16 billion yearly economic downturn and loss of 68,000 jobs, echoed by academic analyses. DOGE must navigate between its ambitious $2 trillion savings target, a figure that treads on core programs like Social Security.

Despite criticism, DOGE maintains a public record of alleged savings on their “wall of receipts”, though scrutiny has questioned some claims. This context aligns with Tesla’s challenges, directly affecting Musk’s focus on DOGE.

Musk’s Role and Future Prospects

Elon Musk plans to scale back his DOGE involvement, following Tesla’s profit dip. However, he remains dedicated to reducing government waste, underpinning the president’s mission.

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Cyprus Expects More French Visitors In 2027 As Air Capacity Expands

by THEFUTURE.TEAM

September 18, 2026

Cyprus expects more French visitors in 2027 as airlines increase capacity between the two countries, Tourism Deputy Minister Kostas Koumis said after meetings with tour operators in Paris.

France, one of Cyprus’ key tourism markets, has had a difficult 2026. French arrivals fell 46% year over year to 8,453 in August, from 15,663 a year earlier, according to the Statistical Service of Cyprus (Cystat). August arrivals were also nearly 50% below the 16,798 recorded in the same month of 2024.

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Overall, Cyprus received 2.82 million tourist arrivals between January and August, down 7% from the same period in 2025.

Air Connectivity Supports 2027 Outlook

Koumis discussed the 2027 outlook with senior executives from tour operators offering Cyprus holidays during the IFTM Top Resa travel trade fair in Paris.

Higher air capacity between France and Cyprus was a key focus of the talks. Participants also discussed the impact of geopolitical tensions in the Middle East on the French market and Cyprus’ efforts to adapt its tourism offering to French travelers.

“The French market is undoubtedly an extremely important market for our country’s tourism,” Koumis said, adding that France had regained importance only a few years ago and still had room to grow.

Improved air connectivity will be an important factor in that expansion, according to Koumis. “It is now clear that air connectivity between France and Cyprus is improving significantly, which is a basic prerequisite for the further growth of the market,” he said.

Cyprus Promotes Tourism And Regional Cooperation

Koumis attended the opening of IFTM Top Resa at the invitation of French Tourism Minister Serge Papin, who later visited the Cyprus stand. Held from Sept. 15 to 17 at Paris Porte de Versailles, the event brought together more than 32,000 tourism professionals representing 177 destinations and 1,650 brands, according to organizers.

During his visit, Koumis also met Egyptian Tourism Minister Sherif Fathy. Cyprus and Egypt reaffirmed their tourism cooperation and discussed opportunities to strengthen ties further.

French media interviews covered Cyprus’ tourism offering, infrastructure and services, along with efforts to develop specialized tourism products. Regional instability weighed on arrivals in 2026, particularly during the spring, although the decline narrowed over the summer.

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