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Musk: The earliest possible reduction of $4 billion in government spending could be achieved this weekend

Musk: The earliest possible reduction of $4 billion in government spending could be achieved this weekend

Bitget2025/02/02 00:27
DOGE+7.28%

Elon Musk posted on his social media platform X, stating that he cautiously optimistically believes the goal of reducing government spending by $4 billion a day will be achieved this weekend. He previously calculated in a post that if the federal deficit for fiscal year 2026 is to be reduced from $2 trillion to $1 trillion, then it would need to decrease by $4 billion every day. He admits this goal is ambitious, but cutting the deficit in half will stimulate economic growth and prevent inflation.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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