Elon Musk Lowers Budget Cut Target for DOGE Amid Federal Spending Challenges - PRESS AI WORLD
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Elon Musk Lowers Budget Cut Target for DOGE Amid Federal Spending Challenges

share-iconThursday, January 09 comment-icon1 week ago 9 views
News sources:
cnnCNN
Elon Musk Lowers Budget Cut Target for DOGE Amid Federal Spending Challenges

Credited from: CNN

  • Elon Musk has revised his target budget cuts for the DOGE initiative, lowering it from $2 trillion to $1 trillion.
  • He described a $1 trillion cut as an "epic outcome" and emphasized the goal of reducing the budget deficit.
  • Musk stated that while there are targets for savings, specific details on spending cuts were not provided.
  • Despite skepticism from budget experts, some lawmakers support the DOGE mission to streamline government spending.
  • The effort, co-led by Musk and Vivek Ramaswamy, aims to propose recommendations for the White House without direct authority to enforce cuts.

For the full article, visit CNN.

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