CNBC Tech
GAO finds Elon Musk's DOGE inflated claims of $110 billion in savings for federal government
Thursday, August 6, 2026
The Government Accountability Office found that the Department of Government Efficiency, led by Elon Musk, did not achieve the level of federal spending reductions it publicly stated. The GAO reported the actual savings fell short of the $2 trillion target that had been announced for the initiative. No additional details on the specific discrepancies between claimed and verified savings were provided in the available information.
Original reporting: https://www.cnbc.com/2026/08/06/doge-elon-musk-gao-government-cost-cuts.html
