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Economy

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Eugene

(64,278 posts)
Tue Mar 4, 2025, 09:25 PM Mar 4

Elon Musk and DOGE promised up to $2 trillion in government savings. How much have they actually saved so far? [View all]

Source: Yahoo! News

Elon Musk and DOGE promised up to $2 trillion in government savings. How much have they actually saved so far?

DOGE is claiming $105 billion in savings — but its own "wall of receipts" shows just $19.8 billion.

Andrew Romano·Reporter
Updated Tue, March 4, 2025 at 6:55 PM EST·7 min read

As the head of President Trump’s new Department of Government Efficiency (DOGE), Tesla CEO Elon Musk has vowed to cut between $1 trillion and $2 trillion from the annual federal budget by 2026.

-snip-

So how much money have Musk and DOGE actually “saved” so far — and are they on track to hit their targets? Yahoo News is updating this story when DOGE releases new information; here are the latest numbers.

DOGE claims $105 billion in savings — but its own ‘wall of receipts’ shows just $19.8 billion

On March 2, DOGE posted its third self-audit online in the form of a "wall of receipts." At the top of the page, the organization claimed $105 billion in savings (up from $65 billion a week earlier and $55 billion the week before that).

But for the third time, the data didn't compute.

-snip-

Read more: https://news.yahoo.com/elon-musk-and-doge-promised-up-to-2-trillion-in-government-savings-how-much-have-they-actually-saved-so-far-201718142.html

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