The latest update from DOGE, led by Elon Musk, has stirred controversy due to apparent errors in accounting and transparency regarding its reported cost-cutting measures. Initially claiming they saved $55 billion, Bloomberg suggests the savings may actually be only $16.6 billion, raising doubts about the accuracy of the self-reported audit. Additionally, a mistakenly reported 'contract' with ICE worth $8 billion was actually valued at $8 million. This raises further questions about how spending in one area may impact revenue collection in another, particularly with potential IRS layoffs, contradicting the current administration's strategy.
The recent update from DOGE regarding its cost-cutting measures has raised questions about the accuracy of self-reported audits and potential inflated savings claims.
DOGE boasts savings of $55 billion, but with questions raised about inflated figures, actual savings reportedly stand at $16.6 billion according to Bloomberg.
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