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International Business Times UK
International Business Times UK
World
Rohit David

Musk's £1.56 Trillion Promise Falls Short: DOGE Delivers Just 7.5% Of Target Savings

DOGE’s £117Billion ($150 Billion)savings fall short of Musk’s £1.56 Trillion ($20 Trillion) promise, sparking theories of profit-driven motives. (Credit: Image by Indrajit Singh : Pixabay)

Elon Musk's Department of Government Efficiency (DOGE), launched with bold promises to slash £1.56 trillion ($2 trillion) from US federal spending, has drastically underdelivered. By 22 April 2025, Musk admitted DOGE's projected savings for fiscal year 2026 are just £117 billion ($150 billion), a mere 7.5% of the original goal.

Critics argue this shortfall, coupled with questionable cuts and Musk's reported plans to exit DOGE, suggests motives beyond efficiency. So, what's really driving Musk's controversial crusade?

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