Elon Musk lowers DOGE's estimated savings -- again

(Business Insider) -snip- Elon Musk said on Thursday that the White House DOGE office would cut close to $150 billion in government spending for the 2026 fiscal year, lowering the ambitious targets he had for President Donald Trump's signature effort to reorganize the federal government.

"Thanks to your fantastic leadership, the amazing Cabinet, the very talented DOGE team, I'm excited to announce that we anticipate savings in FY26 from reduction of waste and fraud by $150 billion," Musk said during a Cabinet meeting at the White House.

Musk said the savings "will actually result in better services for the American people." Business Insider previously reported that because of DOGE-office-spurred cuts, fewer people were answering the phones in Social Security offices at a time of record call volumes.

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