Reply to Musk Drastically Lowers Estimate on How Much Money DOGE will "Save" Taxpayers

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[quote=Anonymous]Typical Elon Musk.  So much noise, and so few results.   Turns out firing thousands of federal workers doesn't give you the cost savings you've been bragging you can achieve.  Higher taxes on billionaires would help close that gap and put the country on a firmer fiscal footing...
https://www.nytimes.com/2025/04/10/us/politics/musk-doge-drops-goal.html
[quote]
In Cabinet Meeting, Musk Seems to Drastically Lower DOGE’s Savings Goal
Musk said his group was on pace to cut $150 billion from the federal budget in one budget year. That would be a sharp drop from his previous stated goal of $1 trillion.

While stumping for Donald J. Trump during the 2024 presidential campaign, Elon Musk said he could cut $2 trillion from the federal budget. After Mr. Trump took office and placed Mr. Musk in charge of the budget-slashing so-called Department of Government Efficiency, Mr. Musk lowered that projection by half, to $1 trillion in the upcoming fiscal year.

In a cabinet meeting on Thursday, Mr. Musk appeared to set his group’s goal lower still.

“I’m excited to announce that we anticipate savings in ’26 from reduction of waste and fraud by $150 billion,” Mr. Musk told Mr. Trump, referring to the fiscal year, which runs from the beginning of October 2025 to the end of September 2026.

Mr. Musk’s group has slashed budgets and fired thousands of workers around Washington, but so far the DOGE website indicates that it remains far from reaching his goal of $1 trillion in savings next year. As of Thursday, the site claimed $150 billion in savings, with an itemized list of some of the purported cuts.[/quote][/quote]

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