One thing Elon Musk is not doing in D.C.: Lowering expectations for DOGE

Published On Feb 12, 2025, 8:46 AM

Elon Musk is actively promoting his new initiative, DOGE (Department of Government Efficiency), which aims to significantly cut federal spending. In a recent Oval Office meeting with President Trump, they touted ambitious claims of finding up to $1 trillion in budget cuts and eliminating inflation. While they appear determined to push forward despite legal challenges and public skepticism, both Musk and Trump are facing hefty scrutiny regarding the practicality and implications of their assertions. Much remains unclear about the outcomes of their plans, leaving investors cautious.