Musk Doubts Likelihood of $2 Trillion Federal Spending Cut, Optimistic About $1 Trillion
The federal government spent $6.75 trillion in fiscal year 2024, causing a $1.8 trillion deficit. Elon Musk, whom President-elect Donald Trump tapped to lead a task force to slash government spending, has downsized an ambitious goal of cutting at least $2 trillion from the federal budget. In a Jan. 8 conversation broadcast on X, a