How about half a billion dollars for "armored electric vehicles"?<p><a href="https://www.nytimes.com/2025/02/12/us/politics/trump-tesla-musk-cybertruck.html" rel="nofollow">https://www.nytimes.com/2025/02/12/us/politics/trump-tesla-m...</a>
The problem that really needs fixing is not the public employees but the private contractors—and Elon Musk is one of them.<p>exactly - it's the corrupt bidding process.<p>everyone wants to complain about inefficant government.<p>"In 2021, administrative costs for traditional Medicare were $10.8 billion, which was 1.3% of total program spending"<p>"According to most estimates, the average administrative cost for insurance companies in the United States falls between 12% and 18% of their total revenue, with some sources stating that private health insurers specifically spend around 17% on administrative costs"<p>The cost of capital for insurance companies can vary depending on the line of business and market conditions, but generally falls within a range of 8% to 12%; with profits typically ranging from 2% to 10% of revenue, meaning most insurance companies aim for a net profit margin within this range.