DOGE Budget Cuts Projected to Deepen Deficit by $500 Billion

Elon Musk's initiative to reduce federal spending faces mounting criticism as IRS staffing cuts and unverifiable savings undermine its goals.

The Department of Government Efficiency (DOGE), led by Elon Musk and Vivek Ramaswamy, has saved only $1-2 billion so far, far below its revised $1 trillion goal for 2025.
IRS staffing cuts are expected to cause a $500 billion revenue shortfall due to reduced tax collection and increased tax evasion, significantly outweighing reported savings.
Critics argue that DOGE's approach relies on exaggerated claims about waste and fraud in the federal budget, making its objectives unattainable.
Operational disruptions, including deteriorating government assets and increased legal expenses, are adding long-term costs to federal operations.
DOGE leadership defends its mission, emphasizing efforts to modernize systems and reduce inefficiencies, but skepticism about its effectiveness continues to grow.