Elon Musk, who has been appointed by President-elect Donald Trump to co-lead the Department of Government Efficiency (DOGE), has adjusted his ambitious target for reducing federal spending. Musk initially aimed to cut at least $2 trillion from the federal budget but now considers achieving half that amount as 'an epic outcome.'
In an interview streamed on X, Musk expressed his belief that striving for a $2 trillion reduction could lead to a significant positive impact on the economy. He emphasized that even cutting the budget deficit from $2 trillion to $1 trillion could spur economic growth without causing inflation, which he described as an 'epic outcome.'
