0 Shares 322 Views

US: Musk Vows To Complete Majority Of $1 Trillion Federal Cost Cuts Within Weeks

gisthub Mar 28, 2025
0 323

US President Donald Trump’s adviser, Elon Musk, stated on Thursday that he expects to complete most of the work to cut $1 trillion in federal spending by the end of his tenure, which could be in as soon as 64 days.

In an interview with Fox News, Musk expressed confidence that his Department of Government Efficiency (DOGE) could identify $1 trillion in savings, reducing total federal spending from approximately $7 trillion to $6 trillion.

Musk was appointed by the White House as a special government employee, limiting his tenure to 130 days.

It was learned that his leadership of the DOGE initiative could conclude as early as the end of May.

“I think we will accomplish most of the work required to reduce the deficit by a trillion dollars within that time frame.

“The government is not efficient, and there is a lot of waste and fraud, so we feel confident that a 15% reduction can be done without affecting any of the critical government services,” Musk said.

DOGE estimates that, as of March 24, it has saved U.S. taxpayers $115 billion through measures such as workforce reductions, asset sales, and contract cancellations.

You may be interested

Princess Catherine Receives Warm Welcome During Italy Visit
General
0 shares27 views

Princess Catherine Receives Warm Welcome During Italy Visit

gisthub - May 13, 2026

The Princess of Wales made a triumphant return to international travel, greeted by joyous Italian crowds in Reggio Emilia following her recovery from…

Alpha-Beta Seeks Venue Change in Oluwasanmi Whistleblower Case
Uncategorized
0 shares25 views

Alpha-Beta Seeks Venue Change in Oluwasanmi Whistleblower Case

gisthub - May 13, 2026

The legal battle involving activist Segun Oluwasanmi took a new turn on Wednesday when representatives for Alpha-Beta Consulting Limited requested that his case…

NABTEB Sets 2026 Registration Cut-off Dates for Entrance and Certificate Exams
Education
0 shares33 views

NABTEB Sets 2026 Registration Cut-off Dates for Entrance and Certificate Exams

gisthub - May 13, 2026

The National Business and Technical Examinations Board (NABTEB) has officially set the registration closing dates for its 2026 assessments. The deadline for the…

Leave a Comment

Your email address will not be published.

Most from this category