Saturday, April 12, 2025

Musk Drops DOGE Savings Goal from $1 Trillion to $150 Billion

Elon Musk said he anticipates the Department of Government Efficiency's efforts to slash "waste and fraud" from the federal government will cut $150 billion in spending over the next fiscal year, appearing to dramatically lower much-loftier projections he previously touted.

Posted by Corky at 11:32 AM | 22 COMMENTS | permalink

Comments

------- idiot

#1 | Posted by LegallyYourDead at 2025-04-12 02:00 AM

It was originally $2 Trillion. So about 7.5% of target.

Sounds like DOGE should fire themselves.

#2 | Posted by REDIAL at 2025-04-12 02:06 AM

90% = salaries of the fired

#3 | Posted by fresno500 at 2025-04-12 08:47 AM

DOGE is the fraud

#4 | Posted by hamburglar at 2025-04-12 09:31 AM

What a fraud.

He's always been one.

#5 | Posted by Nixon at 2025-04-12 11:43 AM

DOGE was a massive waste of tax payer dollars.

It's insane how republicans can't see it.

#6 | Posted by ClownShack at 2025-04-12 11:45 AM

They raised the pentagon budget more than what they are saving?!? WAR = DUMB. If that is true, then what is spending endless amounts of cash (that can't be audited)?

#7 | Posted by Brennnn at 2025-04-12 12:09 PM

Yet another failure that was obvious before they even started.

Well, obvious if you aren't a room temp IQ maga dips%^*.

#8 | Posted by jpw at 2025-04-12 12:15 PM

Lies and the lying liars who tell them.

#9 | Posted by donnerboy at 2025-04-12 12:22 PM

---- DOGE, ---- Musk, and ---- Trump.

#10 | Posted by LegallyYourDead at 2025-04-12 01:02 PM

Thoughts and Prayers.
Nothing Can Be Done.

#11 | Posted by snoofy at 2025-04-12 01:34 PM

@#2 ... It was originally $2 Trillion. So about 7.5% of target. ...

What will the DOGE net savings be?

Considering the IRS is now crippled and cannot persue wealthy tax cheats, that $150 billion may not even be seen.

Tax revenue could drop by 10 percent amid turmoil at IRS (March 22, 2025)
www.washingtonpost.com

... Senior tax officials are bracing for a sharp drop in revenue collected this spring, as an increasing number of individuals and businesses spurn filing their taxes or attempt to skip paying balances owed to the Internal Revenue Service, according to three people with knowledge of tax projections.

Treasury Department and IRS officials are predicting a decrease of more than 10 percent in tax receipts by the April 15 deadline compared with 2024, said the people, who spoke on the condition of anonymity to share nonpublic data. That would amount to more than $500 billion in lost federal revenue; the IRS collected $5.1 trillion last year. ...


#12 | Posted by LampLighter at 2025-04-12 02:29 PM

Anyone claiming this was about debt or deficits isn't looking at the equation. The goal is to borrow ANOTHER FIVE TRILLION.

This is just slashing to destroy the administrative state.

The folks who refused to read and learn from history are going to force us to relive it.

#13 | Posted by Danforth at 2025-04-12 02:38 PM

"the IRS is now crippled"

The two best ROIs for the government are foreign aid, and the IRS high-income division.

Sorry...were.

#14 | Posted by Danforth at 2025-04-12 02:42 PM

Another Leon produced unscheduled rapid disassembly. Yahoo!

#15 | Posted by Doc_Sarvis at 2025-04-12 02:46 PM

And still they haven't, as far as I know, produced even one million dollars in fraud that they have stopped. What they have done is screw up each and every major public service we have, from social security to education to medicine.
Musk is a real and present danger to our republic, both economically and because of his determination to divide us one from another.

#16 | Posted by Hughmass at 2025-04-13 09:50 AM

Actually, grossly reducing the number of employees who work for the IRS is certain to grossly increase fraud.

#17 | Posted by moder8 at 2025-04-13 05:18 PM

Missed it by that much. Don Adams' Maxwell Smart was heads and tails smarter than Elong with the flipity flopity manhood.

#18 | Posted by _Gunslinger_ at 2025-04-14 02:10 AM

It's important to remember that even the "$150 Billion" purportedly saved by DOGE is a lie. Much of those "savings" come from DRP takers who are still getting paid through September, contract ceiling values that were never going to be utilized, cancelation of old contracts that were completed but not in closeout, and slasher ng and burning popular and needed programs such as USAID. Oh, and by not paying our bills for services already rendered but that's a "classic Trump" move rather than a DOGE savings.

And Congress, not DOGE, appropriates dollars and for FY25 we're under a full year CR... Meaning agencies are authorized to spend their FY24 appropriated amounts.

Savings = 0 from that standpoint.

#19 | Posted by bartimus at 2025-04-14 05:57 AM

Considering the goal was not $2 trillion in savings but rather decimate the federal departments to the point where they need to hire fElon's companies to fulfill their roles I'd say the mission was accomplished.

#20 | Posted by Nixon at 2025-04-14 08:18 AM

Anyone claiming this was about debt or deficits isn't looking at the equation. The goal is to borrow ANOTHER FIVE TRILLION.

Yup.

It seems the vulture capitalists have decided the entirety of the United States is to be leveraged for as much cash through debt as possible, extracted of as much value as possible and then...who knows what happens when they no longer see much value to be obtained.

#21 | Posted by jpw at 2025-04-14 09:03 AM

The Disaster Capitalism chickens have come home to roost.

#22 | Posted by snoofy at 2025-04-14 09:06 AM

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