Elon Musk, the billionaire running President Donald Trump’s federal cost cutting effort, said he plans to slash $1 trillion in government spending by the end of May.
Musk, in an interview Thursday with Fox News’ Bret Baier, said he believes that his Department of Government Efficiency can find that level of cost savings within 130 days from the start of Trump’s term, which began on Jan. 20.
That presents an ambitious goal that would require slashing more than half of the $1.8 trillion the US spent on non-defense discretionary programs in 2024.
Elon Musk
Photographer: Samuel Corum/Sipa/Bloomberg
“I think we will ...
