Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Francis Miñoza

Staggering Incompetence Exposed as Audit Probes Elon Musk's Ghost Government Contract Savings

A new GAO audit reveals Elon Musk's DOGE vastly overstated government savings, with billions in claimed cuts unverifiable or based on contracts never terminated (Credit: By The White House - https://www.flickr.com/photos/whitehouse/54321919928//wikimedia commons)

A new Government Accountability Office audit has raised significant questions about Elon Musk's Department of Government Efficiency savings claims, finding that billions of dollars in reported savings were either unsupported by available evidence or linked to contracts that had not actually been terminated.

The report, released this month, scrutinised roughly $110 billion (£82 billion) in savings listed on DOGE's 'Wall of Receipts' from federal contracts, grants and leases and found significant problems with the accuracy, methodology and transparency behind some of the figures.

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.