Musk: Anticipate savings of $150 billion from DOGE in FY2026

April 10, 2025 1:41 PM EDT

FILE PHOTO: Elon Musk speaks during the first cabinet meeting hosted by U.S. President Donald Trump, at the White House in Washington, DC, U.S., February 26, 2025. REUTERS/Brian Snyder/File Photo

WASHINGTON (Reuters) - Billionaire Elon Musk said at a White House cabinet meeting on Thursday he expects $150 billion in savings in FY2026 from the work done by the Department of Government Efficiency.

In March, Musk had said he was confident DOGE could find $1 trillion in savings.

(Reporting by Jeff Mason and Nandita Bose in Washington, Editing by Franklin Paul)



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