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Musk says he expects to save $150 billion from government 'waste and fraud'

^{Published on 2025-04-11 06:00:28 - Reuters}

- Tech billionaire Elon Musk, tasked by U.S. President Donald Trump with cutting the federal government, said he anticipates saving $150 billion for fiscal year 2026 from a "reduction of waste and fraud.

Elon Musk, in a recent interview on Fox News, expressed his belief that he could save the U.S. government approximately $150 billion by addressing waste and fraud, particularly in areas like Medicare and Medicaid. Musk, who has been critical of government spending, suggested that implementing better technology and management practices could significantly reduce these costs. He did not provide specific details on how he would achieve these savings but emphasized the potential for substantial improvements in government efficiency. This statement comes amidst Musk's broader commentary on various public policy issues, including his views on immigration and the economy.

Read the Full Reuters Article at:
[ [ https://www.msn.com/en-us/news/other/musk-says-he-expects-to-save-150-billion-from-government-waste-and-fraud/ar-AA1CIypS ] ]

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