Elon Musk, CEO of Tesla, SpaceX, and Starlink, announced
during a cabinet meeting on Thursday the projected savings the Department of
Government Efficiency (DOGE) expects to generate for American taxpayers next
year by reducing government waste.
In his speech in the West Wing Cabinet Room before the
president's top staff, Musk stated that DOGE is on track to save $150 billion
in fiscal year 2026.
"Thanks to your fantastic leadership, this incredible
Cabinet, and the talented DOGE team, I am pleased to announce that we
anticipate savings in fiscal year 2026 by reducing waste and fraud by $150
billion," Musk stated, as reported by DailyMail.com.
He went on to note that several government programs his DOGE
team has uncovered are "absurd" and "insane."