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Global Business News

The Economic Times

Global Business / The Economic Times

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Did Elon Musk's DOGE really save billions? A federal audit raises questions

A federal watchdog has raised questions about cost-saving claims made by Elon Musk's DOGE agency. Several figures highlighted by the agency could not be fully verified, according to the GAO. The audit found some savings were overstated or not realized, impacting reported figures. Lack of transparency in methodology also drew criticism from the government accountability office. These findings add scrutiny to a high-profile government reform initiative.

7 Aug 2026 11:05 pm