The Wall Street Journal

Musk Says DOGE’s Goal to Cut $2 Trillion in Spending Is ‘Best-Case Outcome’

Billionaire CEO of Tesla says there’s a good shot of cutting at least $1 trillion from federal expenditures

Elon Musk
Elon Musk Photo: Benoit Tessier/Reuters

Elon Musk reiterated that the Department of Government Efficiency will try to cut $2 trillion from federal spending, but he said they may not reach that goal.

“I think if we try for $2 trillion, we’ve got a good shot at getting one,” Musk said Wednesday in a conversation with Mark Penn, chairman and chief executive of ad company Stagwell, that was livestreamed on Musk’s social-media platform X.

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