Musk in First DOGE Team Interview: "This is a Revolution"

Friday, March 28, 2025

"This is a revolution, and I think it might be the biggest revolution in the government since the original revolution," Musk, flanked by seven DOGE colleagues, told Fox News.

Posted by Corky at 07:21 PM | 2 COMMENTS | permalink

"I think we will have accomplished most of the work required to reduce the deficit by $1 trillion within that timeframe," he said.

He later added that he'd like to be moving even quicker: "What seems like incredibly fast action by government standards is " it's slower than I'd like, to be totally frank."

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"Musk and colleagues insisted Thursday that Social Security is plagued by fraud, claiming that 40% of calls to phone centers in some cases were fraudulent and that 15 million "living" people age 120+ were on the agency's rolls

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"Social Security's acting commissioner has repeatedly downplayed those fraud allegations and said the actual tally was on the order of $100 million a year, a small fraction of 1% of what the agency pays out.

By the numbers: Anger over Musk-driven cuts has spilled over to his business interests, particularly Tesla, whose shares have lost a third of their value this year."

Let's repeat that... Soc Sec pays less than 1 percent of it's Budget for Administration.

None of Musk's companies does that.

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Corporations typically allocate around 20-25% of their revenue to administrative expenses, but this can vary significantly based on industry, size, and other factors.
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A common benchmark is that administrative expenses should fall between 10% and 25% of a company's revenue."
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#1 | Posted by Corky at 2025-03-28 07:27 PM