Elon Musk drastically drops DOGE’s savings goal from $2 trillion to $150 billion for the year

Quick Summary:

In a cabinet meeting, Elon Musk appeared to dramatically lower DOGE’s savings goal.

Elon Musk has said DOGE is drastically scaling back its savings aims.

In one case, DOGE had to revise its largest contract down from $8 billion to $8 million after the contract’s vendor explained that the $8 billion listed on its procurement record was likely a clerical error.

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Article Details

Author / Journalist: Beatrice Nolan

Category: EconomyBusiness

Markets: United States

Topics: Government spending Cost Cutting Federal budget Donald Trump DOGE Elon Musk

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-11 @ 11:23:08 (5 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 574 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 144 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27873040

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About Fortune

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Official Website: fortune.com

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Year Established: 1929

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News Last Updated: 11 hours ago

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