The Damage Report
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Elon Musk's Massive Financial Consequences REVEALED As Trump Lies Collapse
Posted
July 3, 2026
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4:15Now PlayingElon Musk's devastating financial costs for his unhinged government takeover are revealed as Trump's lies over cost savings fall apart in distrust, critical aid cuts and a legal nightmare. John Iadarola breaks it down on The Damage Report. Leave a comment with your thoughts below!
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DOGE selfdeletes on July 4th. The grand experiment fell apart long before that.
"President Donald Trump’s cost-cutting commission that once plunged the government into chaos is nearing its destiny — becoming a former federal initiative.
Up for debate: how and when the end will truly come for the Department of Government Efficiency, which triggered thousands of federal employees to leave their jobs and voided billions of dollars in government contracts.
Trump’s January 2025 executive order creating DOGE also established a July 4, 2026, sunset. “A smaller Government, with more efficiency and less bureaucracy, will be the perfect gift” to America on its semiquincentennial birthday, the president said when he announced the commission.
But DOGE didn’t really deliver on that promise, said Elizabeth Linos, a Harvard Kennedy School public policy and management professor, as did others who spoke to POLITICO about DOGE’s dramatic efforts over the past 18 months. Instead, it resulted in a near-immediate loss of expertise and live-saving programs but cost savings nowhere near the $2 trillion once promised."
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