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Elon Musk’s Efforts to Cut Spending in the Government Were So Incompetent That It’s Shocking, Internal Analysis Finds
Yahoo News UK • • nation
Key Points:
- Elon Musk's Department of Government Efficiency (DOGE) aimed to cut $2 trillion in government waste but ultimately claimed savings of only around $215 billion, far below its initial target.
- A Government Accountability Office (GAO) audit revealed significant discrepancies, including nearly 2,000 contracts that DOGE reported as terminated but were not, accounting for $27.4 billion in questionable savings.
- The GAO found that over half of DOGE's claimed $61 billion in contract savings were unverifiable or involved contracts not actually terminated, with 96% of grant savings also unverified.
- Earlier investigations highlighted DOGE's use of inflated contract spending limits to calculate savings, leading experts to criticize the methodology as misleading and not reflective of actual government expenditure reductions.
- Overall, DOGE's financial claims are marred by poor record-keeping and possible deliberate misrepresentation, casting doubt on the true effectiveness of its cost-cutting efforts.
