"Musk initially promised that he would eliminate $2 trillion of the $7 trillion federal budget, before scaling back his ambitions to $1 trillion, and then $150 billion."
"The DOGE website claimed to have achieved $55 billion in annual-spending reductions, yet only $16.5 billion was substantiatedâhalf attributed to a typo."
"Once accounting errors like false contract cancellations and triple counts were corrected, the verified budget savings were just $2 billion."
"The DOGE website now indicates $165 billion in savings, but persistent accounting issues reveal that many claimed cuts lack accurate documentation."
Elon Musk's leadership of the new Department of Government Efficiency (DOGE) has raised skepticism about its potential to reduce federal spending. Initially aiming for $2 trillion in budget cuts, Musk later revised this to $150 billion. However, analysis reveals DOGE's claims of savings are riddled with accounting errors, leading to actual documented savings of only $2 billion. The continued exaggeration of savings and inadequate documentation calls the project's effectiveness into question, as the ambitious figures starkly contrast with reality.
Read at The Atlantic
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