Close Menu
The Politic ReviewThe Politic Review
  • Home
  • News
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
Trending

Sean ‘Diddy’ Combs Trial: Security Guard From Intercontinental Hotel in L.A. Tells Jury Rapper Gave Him 100K for ‘Only Copy’ of Video of Him Beating Cassie Ventura

June 4, 2025

How Much Do You Need For A Comfortable Retirement?

June 4, 2025

Washington Post Retracts Fake News Story About Deaths at Gaza Aid Site

June 4, 2025
Facebook X (Twitter) Instagram
  • Donald Trump
  • Kamala Harris
  • Elections 2024
  • Elon Musk
  • Israel War
  • Ukraine War
  • Policy
  • Immigration
Facebook X (Twitter) Instagram
The Politic ReviewThe Politic Review
Newsletter
Wednesday, June 4
  • Home
  • News
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
The Politic ReviewThe Politic Review
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
Home»Business»Trump Questioned Extent Of Musk’s DOGE Cuts, Report Says
Business

Trump Questioned Extent Of Musk’s DOGE Cuts, Report Says

Press RoomBy Press RoomJune 1, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram

Topline

President Donald Trump questioned the extent of the federal cuts made by billionaire adviser Elon Musk’s Department of Government Efficiency, the The Wall Street Journal reported, bringing the savings into doubt as Musk ended his short stint as special government employee this week after making controversial cuts and layoffs within the federal government.

DOGE claims it has saved an estimated $175 billion through workforce reductions, grant … More cancellations, contract cancellations. (Photo by Brandon Bell/Getty Images)

Getty Images

Key Facts

Trump asked, “Was it all bull****?” according to unnamed administration officials cited by the Journal on Friday, referring to Musk’s vow to cut $1 trillion in government spending.

Musk reiterated the promise during an Oval Office press conference with Trump on Friday, saying he was confident DOGE will produce “$1 trillion dollars of waste and fraud reduction” over time.

Musk has seemingly pushed back the deadline for the $1 trillion in savings, as the billionaire Tesla chief said in March the ambitious cuts would be completed in roughly two months.

Trump’s purported doubt came as Musk’s time as a special government employee came to an end Friday, though he and the president have maintained he will continue visiting the White House and acting as a friend and adviser.

Forbes asked for comment from the White House and Musk, the latter of whom did not respond to the Journal’s request for comment Friday.

Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here.

How Much Money Has Doge Saved?

The Musk-led department says it has saved an estimated $175 billion through workforce reductions, grant cancellations, contract cancellations and more. It also claims it has saved $1,086 per taxpayer.

Contra

DOGE’s claims of savings have been rife with inconsistencies and errors, according to multiple reports, suggesting the true savings figures are lower than what the agency has reported. For example, DOGE once claimed it saved $8 billion by cancelling an immigration contract that actually had a value of $8 million. A BBC analysis from April found that only about half of the itemized savings published by DOGE were linked to receipts or other forms of evidence. DOGE lists some receipts as being “unavailable for legal reasons.”

Key Background

Prior to Trump’s election and his time in government, Musk pledged to erase $2 trillion from federal spending—a vow that has since been reduced to $1 trillion. Many of the DOGE-directed cuts have been contested, with federal layoffs in particular seeing challenges in court. Some 216,000 federal employees were laid off in March, according to Challenger, Gray & Christmas. Agencies hit or expected to be targeted by the layoffs include the Department of Human Services, the Environmental Protection Agency, the Department of Education and several others. The firings have been contested in court, going as far as the Supreme Court last month, when the high court blocked a judge’s order requiring employees at six federal agencies to be rehired.

Further Reading

Inside Trump and Musk’s Complicated Relationship (WSJ)

How much has Elon Musk’s Doge cut from US government spending? (Forbes)

Supreme Court Blocks Judge’s Order Requiring Employees At Six Federal Agencies To Be Rehired—For Now (Forbes)

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link

Related Articles

Business

Lively Withdraws Emotional Distress Claim

June 4, 2025
Business

Inclusionary Policies End Up Making Housing More Expensive

June 4, 2025
Business

Constellation Energy Stock Roars On Meta AI Nuclear Deal

June 4, 2025
Business

‘Slow Horses’ Season 5 Gets A Release Date And First-Look Images

June 4, 2025
Business

Drops 2 Points In Latest Poll

June 4, 2025
Business

Audi Is Quietly Building The Most Advanced AI Factory In The Auto Industry

June 4, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

How Much Do You Need For A Comfortable Retirement?

June 4, 2025

Washington Post Retracts Fake News Story About Deaths at Gaza Aid Site

June 4, 2025

Pornhub threatens to pull out of France

June 4, 2025

Justice Department Drops Biden-Era Lawfare Suit Against Trump Adviser Peter Navarro – The Same Suit Where FBI Agents Celebrated His Indictment

June 4, 2025
Latest News

Lively Withdraws Emotional Distress Claim

June 4, 2025

What Trump’s 2026 Budget Would Mean For Older Adults

June 4, 2025

142 Criminal Aliens with 473 Convictions Deported from Houston to Mexico

June 4, 2025

Subscribe to News

Get the latest politics news and updates directly to your inbox.

The Politic Review is your one-stop website for the latest politics news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram Pinterest YouTube
Latest Articles

Sean ‘Diddy’ Combs Trial: Security Guard From Intercontinental Hotel in L.A. Tells Jury Rapper Gave Him 100K for ‘Only Copy’ of Video of Him Beating Cassie Ventura

June 4, 2025

How Much Do You Need For A Comfortable Retirement?

June 4, 2025

Washington Post Retracts Fake News Story About Deaths at Gaza Aid Site

June 4, 2025

Subscribe to Updates

Get the latest politics news and updates directly to your inbox.

© 2025 Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.