Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Katie Hawkinson

Musk admits that DOGE may only cut 15 percent of its stated $1 trillion goal - and even that figure may be high

Elon Musk has admitted his Department of Government Efficiency may only cut $150 billion in spending — just 15 percent of his original $1 trillion goal.

Musk told President Donald Trump’s cabinet the revised number in a meeting Thursday, back-tracking on his previous promises to cut $1 trillion in government spending by September 30, the end of the fiscal year.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.