Musk Admits His DOGE Pledge to Save $2 Trillion Probably Isn't Going to Happen

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Sat, January 11, 2025

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Fri, January 10, 2025

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Thu, January 9, 2025

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Musk Admits His DOGE Pledge to Save $2 Trillion Probably Isn't Going to Happen

//politics-government.news-articles.net/content/ .. e-2-trillion-probably-isn-t-going-to-happen.html

Published in Politics and Government on Thursday, January 9th 2025 at 8:20 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Elon Musk on Wednesday backtracked on his goal to cut $2 trillion from the U.S. budget in his role as the co-head of DOGE, Donald Trump's proposed new advisory body which aims to slash waste and regulations to lower taxes.

Elon Musk, in a recent interview, admitted that his earlier pledge to use Dogecoin to "save" the U.S. economy, which he suggested could be worth $2 trillion, is unlikely to materialize. Musk made this statement during a light-hearted moment on the "The Joe Rogan Experience" podcast, where he humorously proposed that if the U.S. government accepted Dogecoin, it could potentially address the national debt. However, in a more serious tone, Musk clarified that while he supports Dogecoin and believes in its potential, the idea of it saving the economy was more of a jest. He emphasized the volatile nature of cryptocurrencies and the speculative nature of his comments, highlighting the complexities of economic policy and the improbability of such a drastic financial shift.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/musk-admits-his-doge-pledge-to-save-2-trillion-probably-isn-t-going-to-happen/ar-BB1r9v0Q ]