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Musk confident DOGE will save $1 trillion as government cost cutting continues

  • Elon Musk stepped down from his position overseeing government cost-reduction efforts in Washington, D.C. After a brief four-month period marked by controversial budget cuts and layoffs.
  • His departure followed tensions with President Trump and aides over policy disputes and doubts about Musk’s $1 trillion government spending cut pledge.
  • During Musk’s time, DOGE reported $175 billion in savings from layoffs, contract cancellations, and program cuts, while some media outlets and lawsuits challenged these claims.
  • At a Friday Oval Office event, Trump asked, "Was it all bulls***?" but Musk affirmed, "We're on track" to reach $1 trillion in cuts by mid-2026.
  • Musk will now focus on his businesses while advising Trump informally, and DOGE’s initiatives will continue under a cabinet-led team without a single leader.
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Yeshiva World News broke the news in on Friday, May 30, 2025.
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