Musk says DOGE set to top $150B in fraud savings in FY 2026

DOGE Chief Elon Musk says the organization is set to save the U.S. government more than $150 billion in cuts to waste and fraud in FY 2026.

Musk made the comment during a public Cabinet meeting with President Donald Trump on Thursday. 

"We anticipate savings in FY 26 from reduction of waste and fraud by $150 billion. And, I mean, and some of it is just absurd. Like people getting unemployment insurance who haven't been born yet," Musk said.

"People ask me how are you going to find waste and fraud in a government?