In a recent interview with Fox News’ Bret Baier on Special Report, tech mogul Elon Musk discussed his leadership of the Department of Government Efficiency (DOGE) and its ambitious goal of cutting $1 trillion from the U.S. deficit.
Musk expressed confidence in the plan, stating, “I think we will accomplish most of the work required to reduce the deficit by a trillion dollars within that timeframe.”
The DOGE initiative, spearheaded by Musk, aims to identify and eliminate wasteful government spending without cutting essential services.
“We want to reduce spending by eliminating waste and fraud and reduce the spending by 15%, which seems really quite achievable,” Musk told Baier.
“The government is not efficient, and there’s a lot of waste and fraud. So we feel confident that a 15% reduction can be done without affecting any of the critical government services.”
He described the department’s work as crucial in tackling inefficiencies that have long plagued federal agencies. Musk’s remarks signal a push for streamlining operations across various sectors, potentially reshaping how government resources are allocated.
While Musk is well known for his association with Dogecoin, the popular cryptocurrency, this interview did not focus on digital assets. Instead, his comments centered on fiscal responsibility and his vision for a leaner, more effective government.
Musk’s leadership in the public sector has drawn both praise and skepticism. Supporters applaud his cost-cutting measures, while critics question whether such ambitious savings can be achieved without service reductions. As the DOGE initiative progresses, its impact on government spending and overall economic policy will be closely watched.
The interview highlights Musk’s growing influence beyond the tech industry, positioning him as a major player in efforts to reform federal financial management.