Elon Musk stated that saving $2 trillion is the "best-case outcome" for the Department of Government Efficiency, which he co-runs, while aiming for at least $1 trillion.
Musk emphasized that if the budget deficit can be reduced from $2 trillion to $1 trillion, it would facilitate additional economic growth, avoiding inflation.
According to Musk, the current government environment is "target-rich" for savings, suggesting that reducing spending by nearly a third is viable.
Musk previously indicated that DOGE could potentially save at least $2 trillion, but reframed expectations during a recent broadcast as achieving $1 trillion could also be significant.
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