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Musk put a spotlight on federal spending, but cut less than he wanted

This authoritative-secondary source from Associated Press supports 2 claims across 2 ledger entries.

Publisher
Associated Press
Published
2025-05-30
Source quality
authoritative-secondary

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Claims supported by this source

  1. analysisreported

    Associated Press reported that a Budget Lab analysis of Treasury data showed federal money flowing out faster than in the prior two years, even after mass terminations and contract cancellations under Trump adviser Elon Musk and OMB director Russell Vought.

    Passages and source records documenting: Federal outlays accelerated during Musk's DOGE tenure

    Federal outlays accelerated during Musk's DOGE tenure · Aggregate spending was rising faster than in the prior two years

  2. factreported

    Trump-appointed senior adviser Elon Musk first promoted a $2 trillion federal-spending reduction, then reduced the goal to $1 trillion and finally $150 billion for the fiscal year; Associated Press reported on May 30, 2025 that it was unclear whether even the final target had been met.

    Passages and source records documenting: Musk cut his DOGE savings target from $2 trillion to $150 billion

    Musk cut his DOGE savings target from $2 trillion to $150 billion · No independent audit had verified the $150 billion target at Musk's departure