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Elon Musk Scales Back DOGE Savings Target by 85%, Facing Conservative Backlash

  • Elon Musk, as Chief of DOGE, spoke at an April 10 Cabinet meeting about projected savings.
  • The DOGE office aims to cut government waste and fraud, leading to these savings.
  • DOGE previously canceled 108 contracts valued at $250 million, expecting $70 million in savings.
  • Musk stated DOGE anticipates savings of $150 billion in FY 2026 from cutting waste and fraud.
  • These cuts will improve services, though it is unclear what happens when Musk's term ends.
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85% of savings less than expected, the re-evaluation of its share by the billionaire could cost those who expected the "dividends".

·Paris, France
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  • 43% of the sources lean Right
43% Right

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Forbes broke the news in United States on Thursday, April 10, 2025.
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