On top of that, Trump's increased federal spending almost completely negates $150B in cuts

Comment Elon Musk's Trump-blessed DOGE unit has made a lot of noise and a lot of headlines for its heavy-handed hatchet tactics within supposedly bloated governmental organizations.

But its actual results are so far falling far short of the Tesla tycoon's original promises.

Musk pledged to use his so-called Department of Government Efficiency, aka DOGE, to cut $2 trillion in federal spending, fraud, and waste when Trump elevated him to the pseudo-cabinet level post shortly after winning re-election last year. Uncle Sam spends about $7 trillion annually.

The SpaceX oligarch later revised that target number down to $1 trillion, and in a White House cabinet meeting this month, the world's richest man shared that he was "excited to announce" around $150 billion in savings for fiscal year 2026, which for the federal government begins this coming October. 

That number is roughly echoed by a DOGE savings tracker ...