Elon Musk to cut back political spending
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The jump in wealth added around $1 trillion to the fortunes of around 19 households or 0.00001%, including those of Elon Musk, Jeff Bezos, and Bill Gates. Total US household wealth last year reached $148 trillion of which the ultra-rich’s share was $2.6 trillion.
The scope of DOGE, like that of the executive branch, is inherently limited. Like most executive orders, the directive establishing DOGE states it “shall be implemented consistent with applicable law.” Flashy but temporary, DOGE is set to dissolve by July 4, 2026.
But that somehow seems appropriate for Elon Musk ... struggles to portray Musk as a victim, but it’s become undeniable that Trump played him. Trump exploited his wealth, neediness and limited ...
As recently as March 27, Elon Musk was still confident that the Department of Government Efficiency, the cost-cutting initiative he unofficially headed, could reduce annual federal spending by $1 ...
Elon Musk’s prominent role in President Donald Trump’s White House appears to be fading, but the tech billionaire’s brainchild — the budget-slashing Department of Government Efficiency ...