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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 ...
Trump said he believes Musk will be able to find $1 trillion in cuts to the federal government, after DOGE determined Tuesday it has found $55 billion in savings in the past month.
It has no authority whatsoever and isn’t even part of the government. But it does have Trump’s ear, some support in Congress, and Musk’s 211 million social media followers as a cheerleader army.
Elon Musk agreed with an X post predicting how Trump's mass deportations and Musk's proposed $2 trillion cut to federal spending would play out. It would be a rough couple of years.
For Trump, ‘I love it’ On the 2024 campaign trail, Musk promised that DOGE’s ultimate savings would be "at least" $2 trillion, but then soon backed away — saying more recently he has a ...
The combined net worth of the world’s 500 wealthiest individuals hit an unprecedented $10 trillion in 2024. ... President-elect Donald Trump and Elon Musk talk ringside during the UFC 309 event ...
Elon Reeve Musk (/ ˈ iː l ɒ n / EE-lon; born June 28, 1971) is a businessman known for his key roles in Tesla, Inc., SpaceX, and Twitter (which he rebranded as X). Since 2025, he has been a senior advisor to United States president Donald Trump and the de facto head of the Department of Government Efficiency (DOGE).
According to the Committee for a Responsible Budget, Trump's proposed policies would add $7.7 trillion to the debt over the next 10 years, including $1.05 trillion of interest costs (those figures ...