Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

EXPLAINED: 2 | Vintage Vibes

Did Elon Musk's DOGE really save billions? A federal audit raises questions

A federal watchdog has raised questions about cost-saving claims made by Elon Musk's DOGE agency. Several figures highlighted by the agency could not be fully verified, according to the GAO. The audit found some savings were overstated or not realized, impacting reported figures. Lack of transparency in methodology also drew…

The Economic Times · Aug 7

Elon Musk's DOGE Allegedly Took Credit for Ongoing Work as Report Exposes Fake Billions in Savings

A damning GAO report reveals Elon Musk's DOGE overstated savings by billions, taking credit for pre-existing cuts and leaving major financial claims completely unsubstantiated.

International Business Times UK · Aug 7

DOGE overstated savings on federal 'receipts' website, auditors find

Federal auditors found Elon Musk's government efficiency savings claims inaccurate. Many reported savings were for actions already underway before the agency began. The watchdog noted a lack of transparency in how savings were calculated. The agency's reported savings lacked supporting evidence, according to auditors. This data quality issue limits the…

The Economic Times · Aug 7

From analysis to the latest developments in health,
read the most diverse news in one place.

DOGE Claimed $110 Billion in Spending Cuts That Couldn't Be Verified, Audit Finds

The DOGE project was the second Trump administration's best idea. Unfortunately, it was terribly executed.

Reason · Aug 6

Senators Want To Claw Back Trump's Spending Power. They Should Just Pass a Real Budget Instead.

The Senate’s funding bill stops the Trump administration from handing political appointees control over federal grants, but Congress isn’t eager to rein in spending.

Reason · Aug 5

DOGE Employee Allegedly 'Planning on Selling Sensitive Social Security Data' Amid Trump Job Cuts Crisis

A rogue DOGE employee is accused of selling sensitive Social Security data, highlighting security risks amid Trump's federal workforce cuts, which have impacted rural communities.

International Business Times UK · Aug 5

Elon Musk Under Fire After GAO Audit Found Treasury Payment System User Was Granted Delete Access

A government audit reveals security lapses in a Treasury payment system during Elon Musk's brief leadership of DOGE.

International Business Times UK · Aug 4

Read news from The Economist, FT, and more,
with one subscription

Trump Claims Minnesota Is 'Behind' Water System Cyberattacks Not Iran as Governor Walz Fires Back

Donald Trump rejects claims of Iranian involvement in US water system cyberattacks, blaming Minnesota and Governor Tim Walz. Federal agencies continue to investigate potential Iranian links.

International Business Times UK · Aug 2

Ex-Commissioner Says DOGE Ran Social Security 'Like a McDonald's' That Constantly Screams at Staff

Leland Dudek, former acting commissioner of Social Security, reveals the chaotic impact of Elon Musk's government-cutting team, likening their approach to running a fast-food chain.

International Business Times UK · Aug 2

Elon Musk Plans $100 Million Republican Midterm Push, Despite Earlier Political Fallout for Tesla

Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk has not been one to shy away from politics, with the billionaire being instrumental in President Donald Trump‘s re-election bid in 2024 against Democratic Presidential candidate and former Vice President Kamala Harris.

Benzinga · Aug 1

Getting 'carried away' again? Musk's million-dollar plan to rescue Trump in mid-elections

Elon Musk is reviving his political action committee, America PAC, for the 2026 elections. This group previously spent over $260 million to support Donald Trump's 2024 campaign. America PAC will now focus on increasing Republican voter turnout through various outreach methods. The organization plans to collaborate with other Republican groups…

The Times of India · Jul 30

Elon Musk Sparks Furious Backlash After Using Partner's Heritage to Deny Racism Allegations

Elon Musk is facing online criticism after citing his partner and children while rejecting racism allegations during an interview with The Economist.

International Business Times UK · Jul 25

'Zero Died Because of DOGE': Elon Musk Denies USAID Cuts Caused Child Deaths in Violent Backlash

Elon Musk says he 'got carried away' in politics but insists 'zero died because of DOGE' as he rebuts claims USAID cuts under his Trump-era efficiency drive led to child deaths worldwide.

International Business Times UK · Jul 24

'I Can't Be Racist': Elon Musk Rejects Racism Claims, Points to Half-Indian Partner

Elon Musk denies racism allegations, defending his views on immigration and multiculturalism, while acknowledging that he got too involved in politics.

International Business Times UK · Jul 24

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK · Jul 23

Elon Musk says he ‘got carried away’ with DOGE and Trump after gutting the government

The world’s wealthiest man says he ‘got a little too involved in politics’ after devastating global aid and the federal workforce

The Times of India · Jul 23

Elon Musk admits he 'got carried away' after backing Donald Trump's 2024 campaign with $200 million, says he should have focused on Tesla instead of DOGE

Elon Musk has admitted that he became too involved in politics during his close alliance with US President Donald Trump, saying he now believes he should have spent more time running his companies instead of leading the administration's controversial cost-cutting initiative. The billionaire had backed Trump's 2024 presidential campaign with…

The Guardian - US · Jul 23

Elon Musk says he got ‘carried away’ with Trump – but still holds on to contentious political views

In interview, billionaire says instead of running ‘Doge’ he should’ve ‘worked on my companies’ and shares extreme predictions

The Economic Times · Jul 22

DOGE alumni launch military cyber startup with $1.4 billion valuation

The startup, called Cathedral, was launched in recent months with a plan to secure US government contracts to bolster AI-driven cyber operations, including offensive and defensive capabilities, against US adversaries such as China, two of the sources said.

Get all your
news in one place.

100's of premium titles.
One news app.

Capital & Main · Jul 17

Trump Cuts Quietly Gutted a Health Plan and Retirement Watchdog

The Labor Department agency has lost a quarter of its staff and curtailed enforcement under a chief who once represented the industry it regulates.

Benzinga · Jul 14

'SpaceX Is the Equivalent of Dogecoin,' Mark Yusko Says: 'And if Elon Sold 1 DOGE, It Would Go to Zero'

Morgan Creek Capital founder Mark Yusko called the SpaceX (NASDAQ:SPCX) IPO an engineered squeeze that leaves retail investors holding an overpriced security while insiders cash out.

Fortune · Jul 9

Elon Musk's judge has ‘significant misgivings’ about $1.5 million Twitter settlement—but approves it anyway

“This is not to say this settlement is run-of-the-mill,” Judge Sparkle L. Sooknanan wrote.

International Business Times UK · Jul 7

Elon Musk's DOGE Officially Shuts Down as Gavin Newsom Decries 'Chaos' and Lawmakers Demand Federal Investigation

Elon Musk's Department of Government Efficiency has officially shut down, sparking criticism from political figures who claim it caused chaos and lasting damage to federal agencies.

International Business Times UK · Jul 7

'Mars Will Be Part of America': Elon Musk's Sinking Ship Warning and His Vow That He Will 'Die in US'

Elon Musk had warned that 'if the ship of America sinks, we all sink with it', vowing he will 'die in America' and even claiming any future Mars colony would be 'part of America'.

The Guardian - US · Jul 7

What will define Elon Musk’s legacy? Doge cuts to USAID Ebola programs

Experts say cuts have hindered the response to DRC’s Ebola outbreak and resulted in ‘significant numbers’ of deaths

Benzinga · Jul 7

Gavin Newsom, Robert Reich Say Elon Musk's DOGE Damage Will 'Never Be Forgotten' as Fourth of July Sunset Clause Takes Effect

Gov. Gavin Newsom (D-CA) and economist Robert Reich delivered heavy criticism of Elon Musk-led Department of Government Efficiency (DOGE) on Monday as the organization officially shut down over the weekend.

1 2 3 4 5

Coverage From

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.