Elon Musk’s $2 trillion DOGE savings pledge for Donald Trump goes up in smoke: Report

A Financial Times report reveals that Elon Musk's Department of Government Efficiency (DOGE) significantly overstated its claimed savings of $170 billion. The analysis found exaggerated figures, savings from pre-existing initiatives, and inflated calculations based on maximum contract limits. Critics, including Bill Gates, have condemned DOGE's cuts, while government spending has actually increased since its inception.

May 14, 2025 - 13:00
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Elon Musk’s $2 trillion DOGE savings pledge for Donald Trump goes up in smoke: Report
A Financial Times report reveals that Elon Musk's Department of Government Efficiency (DOGE) significantly overstated its claimed savings of $170 billion. The analysis found exaggerated figures, savings from pre-existing initiatives, and inflated calculations based on maximum contract limits. Critics, including Bill Gates, have condemned DOGE's cuts, while government spending has actually increased since its inception.

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