Elon Musk is reneging on his biggest DOGE promise.
In a live interview on X Wednesday evening with political strategist Mark Penn, the billionaire conceded that his initial goal of cutting the federal budget by “at least $2 trillion” was a taller task than he first believed.
“Do you think the $2 trillion is a realistic number now that you’re looking more closely at it?” Penn asked.
“I think we’ll try for $2 trillion. I think that’s the best-case outcome,” Musk responded. “But I do think that you kind of have to have some overage. I think if we try for $2 trillion, we’ve got a good shot at getting one [trillion].”
This is vindicating for budget specialists who have been deeply skeptical about Musk’s claims from the jump, as cutting $2 trillion from a $6.8 trillion budget is essentially unfeasible.
Musk has been touting DOGE as a fiscal savior fighting big government ever since Trump named him as co-chair of the advisory body in November. But its potential grows more and more questionable as Trump’s inauguration draws nearer—and as Republican intraparty rifts grow more pronounced. Musk’s retraction on the $2 trillion he boldly proclaimed onstage at the Madison Square Garden Rally is only the latest example.
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