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'
"I think if we try for $2 trillion, we've got a good shot at getting one," Elon Musk told political strategist Mark Penn.
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 ...
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 ...
Consumer tech spending will break records in 2025 if Trump’s tariffs don’t squash it, CTA predicts
AI is leading US consumers towards a tech spending bonanza this year if tariffs don't materialize, new research from the ...
India's TCS counts on Trump to boost US client spending
By Sai Ishwarbharath B and Haripriya Suresh BENGALURU/MUMBAI (Reuters) -India’s No. 1 software services exporter Tata ...
Top UK Official Backs Trump's Call for Increased NATO Defense Spending
NATO's current target for members' defense spending is 2 percent of their country's GDP. Trump has repeatedly called on the alliance to increase this amount.
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David Lammy's bold demand that could infuriate Donald Trump over defence spending
Donald Trump faced calls from Labour to set out his plan to increase American military spending to 5%. The President-Elect ...
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Pokemon TCG Pocket has blown past $400 million in revenue since October, with Japan spending the most Pokemoolah
Pokemon TCG Pocket has blown past $400 million in revenue since October, with Japan spending the most Pokemoolah.
Black Friday spending lifts UK retail sales at end of 2024
Black Friday spending helped lift retail sales in late 2024 but overall sales in the final quarter of last year proved ...
Mind the Gap: Cloud Spending is Perplexing CFOs
Cloud spending confusion is rising among CFOs. Learn how FinOps, automation, and AI-powered solutions can improve cost ...