Elon Musk says DOGE’s $2 trillion target for federal spending cuts was just a best case scenario
Elon Musk initially pledged to cut some $2 trillion from the federal budget, alongside his DOGE partner, politician Vivek Ramaswamy.
Musk acknowledges $2 trillion spending cut goal a long shot
Elon Musk, who U.S. President-elect Donald Trump has tapped to oversee a government cost-cutting effort, acknowledged that his declared goal of cutting $2 trillion in spending from the $6.8 trillion federal budget would be a long shot.
Musk Says DOGE’s Goal to Cut $2 Trillion in Spending Is ‘Best-Case Outcome’
The billionaire CEO of Tesla says there is a good shot of cutting at least $1 trillion from federal government expenditures.
Why Elon Musk had to drop his ‘DOGE’ pledge to cut $2 trillion from the federal budget
Two months ago here at MarketWatch, we told you that Elon Musk was talking out of his MAGA hat when he promised to cut “at least $2 trillion” from the $6.75 trillion federal budget. Now Musk has admitted we were right all along.
Elon Musk Backtracks on $2 Trillion DOGE Budget-Cutting Ambition
Elon Musk has backtracked on his earlier goal of cutting $2 trillion from the federal budget. In a live interview on X, formerly Twitter, with Stagwell CEO Mark Penn on Wednesday, Musk said slashing $2 trillion from the budget would be "the best-case outcome,
Musk Now Skeptical DOGE Effort Can Cut $2 Trillion From Budget
Billionaire Elon Musk expressed doubt that his government efficiency panel in President-elect Donald Trump’s incoming administration will actually be able to achieve $2 trillion in cuts to the US federal budget,
Elon Musk says DOGE saving $2 trillion in budget cuts is a 'best-case outcome'
Elon Musk told the political strategist Mark Penn that if DOGE tried to cut $2 trillion, it'd have a "good shot" of ending up at $1 trillion.
Gov.-elect Bob Ferguson suggests $4B in reduced spending to help fill WA’s budget gap
Washington Gov.-elect Bob Ferguson on Thursday revealed one of his ideas for filling the state’s wide budget gap: cutting ...
cbs12.com31m
Tax cuts, debt limit, spending caps: Congress faces key fiscal choices this year
The Fiscal Responsibility Act of 2023, which suspended the debt limit until last week, also established binding discretionary ...
Ferguson opposes wealth tax, calls for spending cuts, but boost for K-12
Governor-elect Bob Ferguson's budget proposal diverges from the spending increases proposed by outgoing Gov. Jay Inslee.
Will spending more boost your quality of life in retirement? Here’s how annuities help that.
Yet more evidence has just landed that buying an income annuity when you retire is likely to boost your standard of living in ...
India's TCS counts on Trump to boost US client spending
India’s No. 1 software services exporter Tata Consultancy Services (TCS) said on Thursday it is betting on Donald Trump's ...
Online holiday spending rises nearly 9% as deep discounts and AI-powered chatbots fuel purchases, Adobe data says
Deep discounts motivated holiday shoppers to spend, according to Adobe’s data. For every 1% drop in the typical price, demand ...
What to know about DOGE and its quest to slash government waste, spending
Proponents of the Department of Government (DOGE) say that it will work with Congress to slash up to $2 trillion in ...
Canadian Natural Resources to ramp up production, spending in 2025
Canadian Natural Resources said on Thursday it expects production to increase 12% in 2025, betting on higher demand amid ...
Gov.-elect Bob Ferguson suggests $4B in reduced spending to help narrow WA’s budget gap
The state is grappling with a projected budget shortfall of $10 billion to $12 billion over the next four years.