The Damage Report
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Elon Musk COLLAPSES As Massive DOGE Plot Crumbles Before Trump's First Day
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January 12, 2025
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5:17Now PlayingElon Musk finally admits he won't be able to do the financial moves he claimed he was going to through the DOGE program Donald Trump let him gain access through. John Iadarola and Brett Erlich break it down on The Damage Report. Leave a comment with your thoughts below!
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Elon Musk says DOGE probably won't find $2 trillion in federal budget cuts
"Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on a goal he set earlier as co-head of a new advisory body, the Department of Government Efficiency, or DOGE.
Musk told political strategist Mark Penn in an interview broadcast on X that the $2 trillion figure was a “best-case outcome” and that he thought there was only a “good shot” at cutting half that.
Musk’s lowered estimate is a significant downgrade from his earlier view. At a rally for Trump at Madison Square Garden in New York on Oct. 27, Musk said he’d be able to cut the federal budget by “at least $2 trillion.”"
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