Elon Musk now has a new, lower target number for DOGE’s budget cuts

Youngkin backs push for cutting federal workforce, spending

Gov. Glenn Youngkin has joined other GOP governors in a letter to congressional leaders voicing their "overwhelming support" for efforts by President-elect Donald Trump and his new Department of Government Efficiency to cut the federal government workforce and spending, which economists warn could harm Virginia's economy.

Palantir Co-Founder Joe Lonsdale Sets Realistic Expectations For Elon Musk's DOGE Initiative: 'Next Trillion Will Be A Lot Harder' - Tesla (NASDAQ:TSLA), Palantir Technologies (NASDAQ:PLTR)

Palantir Technologies Inc. co-founder Joe Lonsdale offered a sobering assessment of the Department of Government Efficiency initiative, suggesting that while $1 trillion in federal spending cuts might be achievable, further reductions would face significant hurdles.

Musk doubts likelihood of $2 trillion cut, optimistic about $1 trillion

By Bill Pan Contributing Writer  Elon Musk, whom President-elect Donald Trump tapped to lead a task force to slash government spending, has downsized an ambitious goal of cutting at least $2 trillion from the federal budget.  In a Wednesday conversation broadcast on X, a platform Musk owns, the billionaire tech entrepreneur told political strategist Mark Penn that the $2 trillion figure represents the most optimistic outcome.  “If we try for $2 …

Elon Musk sends DOGE agents across US government as he seeks spending cuts

Musk is head of Donald Trump's Department of Government Efficiency, which aims to cut federal spending.

DOGE reps launch meetings with federal staffers in effort to cut government waste: report

Aides for Tesla and Space X CEO Elon Musk and tech entrepreneur Vivek Ramaswamy are starting to interview staffers with the federal government for the newly created Department of Government Efficiency (DOGE), according to a new report. Representatives for DOGE have had conversations with staffers from more than a dozen federal agencies — including the Treasury Department and the Internal Revenue Service, as well as the Departments of Veterans Af…

Elon Musk Scales Back DOGE Plans Before Trump Even Takes Office

After promising to cut $2 trillion from the federal budget, the Tesla founder called $1 trillion an “epic” goal. Still, he described the government as “target-rich,” boasting: “You can close your eyes and you can’t miss.”