GAO
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GAO: Musk’s Dogecoin Claims Overstated Federal Savings
A GAO report questions Elon Musk’s DOGE initiative, which claimed to save $2 trillion by cutting federal spending. The report found significant issues with the transparency and reliability of DOGE’s “Wall of Receipts,” including many claimed contract terminations that never occurred and overstated savings from leases. Senators criticized the initiative as deceptive and damaging. The GAO recommends a disclaimer on DOGE’s website about its data limitations.
