Musk’s DOGE aims to cut $2 trillion in spending. That will be tricky.
The Department of Government Efficiency will be headed by Elon Musk and Vivek Ramaswamy, who intend to slash a third of government spending.
Elon Musk says cutting $2 trillion from the federal budget is a 'best-case outcome'
In a Wednesday interview on X, Elon Musk said cuts of $2 trillion to the federal budget might not be possible and was a "best-case outcome."
Can DOGE Really Slash $2 Trillion? Even Elon Musk Says This Number Is More Likely.
The Tesla CEO floats other numbers for how much the Department of Government Efficiency can cut from the Federal deficit.
Elon Musk Walks Back Vow To Find $2 Trillion In Wasteful Spending
Trump and Republicans have nevertheless embraced Musk as a budget visionary, with Trump naming him to a nongovernment advisory panel called the Department of Government Efficiency, or DOGE. Republicans then jumped on the DOGE bandwagon without realizing the name is a joke based on an internet meme about a Shiba Inu dog.
Musk Acknowledges $2 Trillion Spending Cut Goal a Long Shot
WASHINGTON (Reuters) - Elon Musk, who U.S. President-elect Donald Trump has tapped to oversee a government cost-cutting effort, acknowledged that his declared goal of cutting $2 trillion in spending from the $6.8 trillion federal budget would be a long shot.
Elon Musk says DOGE saving $2 trillion in budget cuts is a 'best-case outcome'
Elon Musk told the political strategist Mark Penn that if DOGE tried to cut $2 trillion, it'd have a "good shot" of ending up at $1 trillion.
Musk Says DOGE’s Goal to Cut $2 Trillion in Spending Is ‘Best-Case Outcome’
The billionaire CEO of Tesla says there is a good shot of cutting at least $1 trillion from federal government expenditures.
DOGE Can’t Save $2 Trillion in Spend, Admits Musk
Elon Musk has gone back on previous remarks regarding the budget-slashing ability of his new DOGE. Does this hint at things to come for the new government?
How Elon Musk Plans to Use DOGECOIN to Slash Government Costs
Elon Musk has unveiled an ambitious plan to reduce government expenses by integrating Dogecoin (DOGE) into federal operations. This initiative aims to streamline processes and cut costs across various government agencies.
Musk, after months of blustering, admits DOGE won’t find $2 trillion worth of cuts in federal budget
Billionaire Elon Musk, who is set to co-lead the new advisory Department of Government Efficiency, has admitted the agency ...
Committee for a Responsible Federal Budget1d
Treasury Confirms Calendar Year 2024 Deficit Tops $2.0 Trillion
The Treasury Department released the Monthly Treasury Statement for December, showing the United States borrowed $2.0 trillion in calendar year 2024, $711 billion in the first three months of fiscal ...
Reuters on MSN13d
Nvidia's market value gets $2 trillion boost in 2024 on AI rally
Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial ...