Almost 6 months ago in charge of the doge, the billionaire failed to follow the promise of the cuts of $ 2 trillion
After 6 months of its creation, the (government department of government efficiency), a central project of the US government to reduce expenses and administrative improvement, was unable to realize the previously promised cuts.
Elon Musk’s initial proposal, presented in October 2024 during a Donald Trump campaign event at Madison Square Garden in New York, surprised even the organizers. Musk announced that it would reduce about a third of the annual federal budget: $ 2 trillion.
According to Howard Lutnick, secretary of commerce of the current Trump government, the number quoted by Musk in the speech had not been previously agreed.
“The deal was that he would [dizer que cortaria] $ 1 trillion […] What I should do? ”Lutnick said when asked about it.
The department’s official website says the institution was able to save $ 170 billion. THE However, it claims to have found that of this total, only $ 31.8 billion are actually linked to changed contracts. Only 6,700 documents were verified. There are still $ 12.8 billion for USAID cuts.
Part of the economy comes from $ 840 million in expired contracts and $ 289 million in agreements that are close to its completion. In contracts, the real economy was $ 12.4 billion. Of this total number, US $ 1.4 billion refers to a contract already reduced under the Biden administration, which has cost US $ 73 million so far.
Indications point to the overestimation of values in order to inflate the results, and that agreements already were presented as new cost reductions. US Treasury data so far has no decrease in public expenses.
Elon Musk, in turn, is farther away from the command of Doge. The reduction of his political participation occurs after falling in Tesla’s actions, and in the face of pressure from the US Congress.
