Musk estimates $2 trillion of waste could be eliminated from federal budget

Kerry Pickett, The Washington Times

Howard Lutnick, chairman of the Trump 2024 Transition Team, introduced Mr. Musk as the

soon-to-be-head of the new Department of Government Efficiency. Mr. Lutnick, before he exited the stage, asked Mr. Musk how much could be “ripped out of this wasted $6.5 trillion House-Biden budget?” Mr. Musk responded, “I think nearly $2 trillion. All that double spending is taxation, whether it’s direct taxation or indirect taxation, your money is being wasted,” he said. “And the Department of Government Efficiency is going to fix that.”