At the end of last year, billionaire Elon Musk promised to reduce 2 dollars of the government’s budget with the help of his so-called government efficiency department.
It didn’t take long for this number to fall to 1 dollars, which indicates that little thought had entered the original calculation.
And to judge by the latest news, Doge is terribly behind this target. Like the New York Times Reports, Musk told President Donald Trump this week that Doge provided that “the savings in 26 of the waste reduction and fraud of $ 150 billion”, referring to the exercise which takes place from October 2025 at the end of September 2026. (It is still clear if the musk meant that the so-called department had saved $ 150 billion until preaching that was to the economy in the total.)
Needless to say, this would mean that Doge had missed its objectives by a million dollars in dollars, although a Trump administration manager declared to the Nyt This 1 billion of dollars is always “the objective”.
Be that as it may, the existing statements of Doge on the quantity he has cut off from the government’s budget so far, remain strongly disputed. Earlier this year, experts found that the big public book of Doge, or “receipt wall”, was riddled with errors.
The double or triple accounting book counted contracts, massively inflated certain totals and included the assertions that entire projects had been reduced, even if they had only been partially reduced. And certain contracts which it took a credit has already been terminated during the administration of George W. Bush, decades ago.
At the end of February, DOGE said that it had already saved $ 55 billion in the federal government, which raised many eyebrows among experts. Less than a week later, DOGE tried to make his mistakes more difficult to find by masking his calculations on his website, revising his count at only $ 10 billion, against 3,489 reduced federal subsidies.
In mid-March, this number reached $ 115 billion, complaints that also met with generalized skepticism.
Earlier this month, analysts from Bank of America Securities challenged the allegations of DOGE according to which he had reduced $ 24.8 billion in canceled or renegotiated contracts alone, arguing that they were “overestimated”.
In simple terms, no one really knows how much Doge money saves, including agents in charge of reduction budgets.
Musk’s repeated allegations for having found generalized fraud in the government were also disputed. The billionaire accused the social security administration of being “immense waste”, promising to fight against “extreme fraud levels”.
However, like the Washington Post According to last month, this fraud is extremely difficult to find, because less than one percent of the agency’s payments in recent years have been determined to be inappropriate during an audit in 2024.
In short, DOGE seems to be considerably far from the original Musk objective of 2 dollars, indicating that the billionaire has still massively exceeded his promises.
The CEO of Mercurial has already acquired a reputation for making excessive and misleading affirmations when they discuss his businesses – and it seems that it does not go for his efforts to make the lives of Americans as miserable as possible.
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