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Musk Pulls the Carpet Out from Under DOGE

by Peter Zeihan on June 17, 2025

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The leader of DOGE (aka Elon Musk) has fallen from grace with President Trump and the rest of the agency is crumbling behind him. So, where does this leave the Department of Governmental Efficiency?

DOGE’s promise to cut $2 trillion from the federal budget has gone up in smoke. The estimated savings are likely closer to ~$30 billion. You know, hiring and firing and rehiring people can get a bit expensive. And Trump’s new bill codifies only $9.5 billion in cuts, which doesn’t even scratch the surface of what was originally promised by DOGE. To add insult to injury, the new budget working through Congress adds ~$2.5 trillion to the deficit over four years (and it could be higher than that).

To be fair, cutting the federal budget is extremely difficult, so this was kind of a suicide mission from the start. Unless we want to just take a massive chunk out of defense, Social Security, Medicare, and Medicaid…but I don’t see that happening.

Please click below to watch today’s video

YouTube Video Link: https://youtu.be/EbwhTyL_lWw

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