Sunday, April 27, 2025

How much has Elon Musk's Doge cut from US government spending?

from the BBC


 

... In October, Mr Musk pledged to cut "at least $2 trillion" from the federal government budget. He subsequently halved this target and on 10 April talked about making savings of $150bn from "cutting fraud and waste" by the end of the next financial year in 2026.

The US federal budget for the last financial year was $6.75tn.

Doge publishes a running total of its estimated savings on its website - which stood at $160bn the last time the site was updated on 20 April.

However, less than 40% of this figure is broken down into individual savings.

We downloaded the data from the Doge website on 23 April and added up the total claimed savings from contracts, grants and leases.

Our analysis found only about half of these itemised savings had a link to a document or other form of evidence...

read more here

No comments:

Post a Comment