Musk Says DOGE Expects to Save $150 Billion by Reducing Waste, Fraud

Elon Musk said on Thursday that he expects the Department of Government Efficiency (DOGE) to save $150 billion from the federal budget in fiscal year 2026. Musk said in March that he was confident DOGE could find $1 trillion in savings. The Tesla and SpaceX CEO provided the latest figures during President Donald Trump’s weekly cabinet meeting. “I’m excited to announce that we anticipate savings in FY26 from reduction of waste and fraud by $150 billion,” Musk said during a Cabinet meeting at the White House on April 10. Musk, a special government employee, repeated his previous statements that fraud and waste are common in the federal government....