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The Independent UK
The Independent UK
Katie Hawkinson

Musk, after months of blustering, admits DOGE won’t find $2 trillion worth of cuts in federal budget

Elon Musk Federal Budget Mark Penn Donald Trump Department of Government Efficiency
Elon Musk admitted his Department of Government Efficiency likely won’t make the $2 trillion in federal budget cuts as promised - (Getty Images)

Billionaire Elon Musk, who is set to co-lead the new advisory Department of Government Efficiency, has admitted the agency likely won’t make the $2 trillion in federal budget cuts he originally promised.

The Tesla and SpaceX CEO revealed his goal of cutting $2 trillion from the $6.8 trillion federal budget was just the “best-case outcome” during a live interview Wednesday with Stagwell CEO Mark Penn.

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