Re: The Egocentric Eccentric Exploits of Elon
Posted: Sun Apr 13, 2025 9:47 pm
Musk admits that DOGE may only cut 15 percent of its stated $1 trillion goal - and even that figure may be high
Elon Musk has admitted his Department of Government Efficiency may only cut $150 billion in spending — just 15 percent of his original $1 trillion goal.
Musk told President Donald Trump’s cabinet the revised number in a meeting Thursday, back-tracking on his previous promises to cut $1 trillion in government spending by September 30, the end of the fiscal year.
However, a new analysis from The New York Times reveals that even Musk’s much-smaller goal likely isn’t feasible because DOGE has been inflating its progress with billion-dollar errors and making assumptions about future federal spending that isn’t set in stone.
Click on the link for the full article
Elon Musk has admitted his Department of Government Efficiency may only cut $150 billion in spending — just 15 percent of his original $1 trillion goal.
Musk told President Donald Trump’s cabinet the revised number in a meeting Thursday, back-tracking on his previous promises to cut $1 trillion in government spending by September 30, the end of the fiscal year.
However, a new analysis from The New York Times reveals that even Musk’s much-smaller goal likely isn’t feasible because DOGE has been inflating its progress with billion-dollar errors and making assumptions about future federal spending that isn’t set in stone.
Click on the link for the full article