Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

Musk says DOGE set to top $150B in fraud savings in FY 2026

by April 10, 2025
April 10, 2025

DOGE Chief Elon Musk says the organization is set to save the U.S. government more than $150 billion in cuts to waste and fraud in FY 2026.

Musk made the comment during a public Cabinet meeting with President Donald Trump on Thursday. 

‘We anticipate savings in FY 26 from reduction of waste and fraud by $150 billion. And, I mean, and some of it is just absurd. Like people getting unemployment insurance who haven’t been born yet,’ Musk said.

‘People ask me how are you going to find waste and fraud in a government? I’m like, well, actually, just go in any direction. That’s how you find it. It’s very common. It’s, as a military would say, a target-rich environment,’ he continued.

‘So, I think we’re doing a lot of good, and in excellent collaboration with the Cabinet, to achieve these savings. And it will actually result in better services for the American people. And then we’re going to be spending their tax dollars in a way that is sensible and fair and good,’ he added.

Thursday’s Cabinet meeting comes less than a day after DOGE announced the cancelation of 108 ‘wasteful contracts’ on Wednesday.

DOGE said the contacts had a ceiling value of $250 million and a savings of $70 million. 

The problem contracts included a $14,000 commitment by the Department of Health and Human Services for an ‘executive transformational leadership training program.’

Another was a $5.2 million contract with the U.S. Office of Personnel Management, the human resources agency for the federal government, to ‘provide strategic advisory and assistance to improve and transform current processes and organizational systems.’

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
FDA phasing out some animal testing in ‘win-win’ for ethics and public health: commissioner
next post
Trump tariff spike fuels new House bill to lock China out of US government tech

You may also like

Bipartisan bill cracks down on dating app scams...

November 1, 2023

Lawmaker demands Pulitzer Prize awarded to NYT, WaPo...

May 20, 2023

Kevin McCarthy and Hakeem Jeffries demand answers on...

March 9, 2023

WATCH: Potential VP pick Tulsi Gabbard says Trump...

June 30, 2024

Prosecutors push salacious portrait of Trump, winning some...

April 17, 2024

Iran beware: US moves these 6 top of...

August 12, 2024

Russia interfering in 2024 election to help Trump,...

July 10, 2024

Head of Congressional Ethics Office Arrested, Charged with...

October 14, 2022

FCC commissioner rips NBC over Harris’ last-minute SNL...

November 3, 2024

Bernie Sanders pushing campaign cash to wife and...

August 15, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump’s first vice president urges his old boss against raising taxes on wealthy Americans

      May 9, 2025
    • White House highlights over $2B in savings from DEI cuts during Trump administration’s first 100 days

      May 8, 2025
    • GOP talk on millionaire tax hike ‘makes no sense,’ Trump White House alum says

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025
    • Los Angeles Corruption

      May 8, 2025
    • Trump considers tax hike on Americans making $2.5 million or more per year

      May 8, 2025

    Categories

    • Business (7,921)
    • Investing (1,942)
    • Politics (15,151)
    • Stocks (3,067)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved