DOGE head Elon Musk and seven team members aim to cut 15% of federal spending by targeting waste and fraud, according to Fox News. The group discussed auditing federal programs from Social Security to the IRS, and Musk called the department's goals “quite achievable.” DOGE claims $130 billion in savings, over $800 per taxpayer. The agency has drawn criticism over its sweeping authority, but Musk defended the mission, saying cuts are measured and legal.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Oshad, Elon Musk, and seven team members
00:04aim to cut 15% of federal spending by targeting waste and fraud,
00:08according to Fox News.
00:09The group discussed auditing federal programs for Social Security to the IRS,
00:13and Musk called the department's goals quite achievable.
00:15Osh claims $130 billion in savings so far, over $800 per taxpayer.
00:20The agency has drawn criticism over its sweeping authority,
00:23but Musk defended the mission, saying cuts are measured and legal.
00:26For all things money, visit Benzinga.com slash GSTV.