DOGE expects to save US$150bil from waste and fraud

The Star

Tech billionaire Elon Musk, tasked by US President Donald Trump with cutting the federal government, said on April 10 during a White House cabinet meeting that the Department of Government Efficiency (DOGE) anticipates saving US$150bil for fiscal year 2026 from a "reduction of waste and fraud."  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:00Costs are down, interest rates are probably down, they scatter, but they're probably down.

00:05Trust needs to be whole for the American people. When we need it, we need it.

00:13Well, thanks to your fantastic leadership, this amazing cabinet, and the very talented Doge team.

00:19I'm excited to announce that we anticipate savings in FY26 from reduction of waste and fraud by $150 billion.

00:26And some of it is just absurd, like people getting unemployment insurance who haven't been born yet.

00:34I mean, I think anyone can appreciate whether, I mean, come on. That's just crazy.

00:41So, you know, some of these things, people ask me, well, how are you going to find waste and fraud in the government?

00:48I'm like, well, actually just go in any direction. That's how you find it.

00:51It's just, it's very common. It's, as the military would say, target rich environment.

00:59So, I think we're doing a lot of good and excellent collaboration with the cabinet to achieve these savings.

01:08And it will actually result in better services for the American people,

01:11and that we're going to be spending their tax dollars in a way that is sensible and fair and good.

01:18And your people are fantastic. In fact, hopefully they'll stay around for the long haul.

01:23We'd like to keep as many as we can. They're great.

01:26Smart, sharp, right?

01:28Finding things that nobody would have thought of.

01:30Very computer savvy.

01:32You know, you also gave us a directive to prosecute the people who are going after Tesla to the fullest extent of the law.

01:38Some of the greatest police work I've seen.

01:40We've made four arrests. There will be no negotiations at your directive.

01:44They're all looking at 20 years in prison, and within the next 24 hours,

01:48you're going to be seeing another huge arrest on a Tesla dealership president.

01:54And that person will be looking at at least 20 years in prison with no negotiations.

01:59That will stop it.

02:01Cold.

02:02You're meant to encourage them.

02:04Thanks. You're doing a great job, too. Thank you very much.

02:07The Labor Department has confirmed that $400 million went to fake people for unemployment benefits.

02:12I just wanted your initial reaction to that.

02:14I think it's terrible.

02:17I just heard it from Lori, and I appreciate it, and you heard it from Elon's people, right?

02:22That's right.

02:24Elon's done a fantastic job.

02:25Look, he's sitting here, and I don't care.

02:28I don't need Elon for anything other than I happen to like him.

02:32But I'm telling you, this guy did a fantastic job.

02:36I don't need his car.

02:37I actually bought one because they said, oh, did you get a bargain?

02:41No.

02:41I said, give me the top price.

02:42I paid a lot of money for that car.

02:44But honestly, he makes a great car.

02:47You know what I do with it?

02:48I let the people in the office drive around in it.

02:51Margot, Natalie, they're all, Chamberlain, they're all driving around in the most beautiful

02:59car.

03:00It's gorgeous.

03:02But I did that as a sign of just a show of support.

03:05Numerous people have done that.

03:06Because, you know, he's done a fantastic job, but he hasn't been treated properly.

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