Revised projected federal spending cuts estimates cast doubt on DOGE
Elon Musk’s Department of Government Efficiency has significantly reduced its projected federal spending cuts for the 2026 fiscal year, lowering the target from an initial $1 trillion to $150 billion. This adjustment follows scrutiny over the feasibility of the original goal and concerns about the impact on essential public services. During an April 10 Cabinet meeting, Musk attributed the revised savings estimate to reductions in waste and fraud, asserting these cuts would enhance government services. “I’m excited to announce that we anticipate savings in ’26 from the reduction of waste and fraud by $150 billion,” Musk told President Donald Trump,