00:00It's Benzinga bringing Wall Street to Main Street.
00:02Oshad, Elon Musk, and seven team members
00:04aim to cut 15% of federal spending by targeting waste and fraud,
00:08according to Fox News.
00:09The group discussed auditing federal programs for Social Security to the IRS,
00:13and Musk called the department's goals quite achievable.
00:15Osh claims $130 billion in savings so far, over $800 per taxpayer.
00:20The agency has drawn criticism over its sweeping authority,
00:23but Musk defended the mission, saying cuts are measured and legal.
00:26For all things money, visit Benzinga.com slash GSTV.
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