In an interview broadcast on his social media platform X, Elon Musk said the $2 trillion figure originally stated as the savings goal for the Department of Government Efficiency was a “best-case

Michael Calore: Today, we are demystifying DOGE, the Department of Government Efficiency, the meme coin. As Lauren calls it, the broligarchy. We'll talk about the key players, what their proposed plan is for the U.S. government, and what we think is really behind it all. DOGE. OK. We are talking about DOGE today, and no, not the meme coin.

In a Wednesday interview on X, Elon Musk said cuts of $2 trillion to the federal budget might not be possible and was a "best-case outcome."

Elon Musk told the political strategist Mark Penn that if DOGE tried to cut $2 trillion, it'd have a "good shot" of ending up at $1 trillion.

Elon Musk, co-leading the Department of Government Efficiency under President-elect Donald Trump, has revised his ambitious claim to cut the federal budget. He described the $2 trillion target as “the best-case outcome.

Elon Musk has acknowledged his goal of slashing federal spending would be tricky – now eyeing $1 trillion in cuts, half his original goal.