Musk: Cutting $2T through DOGE ‘best-case outcome’
Headline from The Hill
Elon Musk said the best-case scenario would be to make $2 trillion in cuts to federal spending through the "Department of Government Efficiency" (DOGE) he is co-leading.
The Hill's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Elon Musk said the best-case scenario would be to make $2 trillion in cuts to federal spending through the "Department of Government Efficiency" (DOGE) he is co-leading.
Elon Musk walked back his previous claim that he could cut at least $2 trillion from the federal budget, saying Wednesday that half that amount would be “an epic outcome.”
Tech baron Elon Musk walked back a prior claim that his vaunted blue ribbon commission on government bloat and inefficiencies would be able to slash the roughly $6.75 trillion federal budget by $2 trillion.
“I think if we try for $2 trillion, then we have a good chance of getting $1 [trillion]," the Tesla CEO said of his ambitions to cut government spending
During a livestremed talk with Stagwell Inc. CEO Mark Penn, tech billionaire Elon Musk admits that the newly formed Department of Government Efficiency may not reach its goal.
Billionaire Elon Musk expressed doubt that his government efficiency panel in President-elect Donald Trump’s incoming administration will actually be able to achieve $2 trillion in cuts to the US federal budget, backtracking from a lofty target that the tech entrepreneur himself had floated.
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