Musk Revises DOGE Savings Estimate to $150B for FY2026​

Elon Musk, leading the Department of Government Efficiency (DOGE), announced an anticipated $150 billion reduction in federal spending for fiscal year 2026. This figure marks a significant revision from his earlier projection of $1 trillion in savings within 130 days of DOGE’s inception.​

Breakdown of Projected Savings

The projected $150 billion in savings is expected to result from various measures aimed at reducing waste, fraud, and abuse within federal agencies. Key areas include:​

• Department of Health and Human Services: Targeted budget cuts.​
• Department of Education: Streamlining operations to eliminate redundancies.​
• General Services Administration: Optimizing procurement processes.​

Additionally, DOGE identified substantial fraudulent unemployment claims, including payments to individuals with implausible birth dates, such as those over 115 years old or not yet born. One case involved a claim of $41,000 by an individual listed with a birth year of 2154.​

Legal Developments

In support of DOGE’s efforts, the 4th U.S. Circuit Court of Appeals ruled that the president holds the authority to terminate federal workers, overturning a previous mandate to reinstate 24,000 probationary employees.​

Public Response and Future Outlook

While the revised savings figure falls short of initial projections, it still represents a significant fiscal adjustment. The initiative’s focus on eliminating inefficiencies continues to garner attention, with discussions ongoing about potential redistribution of savings to taxpayers.​

Musk’s adjusted projections of DOGE savings for FY2026 underscores the complexities involved in federal budget reform. As DOGE progresses, its impact on government operations and fiscal policy remains a subject of close observation.​ If you wish to read more content like this, subscribe to your newsletter or follow us on social media.

More…

• https://nypost.com/2025/04/10/us-news/elon-musk-touts-150b-in-savings-in-fy2026-after-claiming-doge-could-cut-1t/
• https://ground.news/article/musk-expects-150-billion-in-savings-for-the-us-public-much-lower-than-what-he-promised
• https://www.aol.com/news/elon-musk-touts-150b-savings-022326851.html
• https://www.overhereny.com/trumps-tariffs-pause-most-countries-get-a-break-china-doesnt/