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Rattner Slams Musk’s DOGE for Budget Shortfalls

4/18/2025

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Summary

Story summary

Steve Rattner criticized Elon Musk's Department of Government Efficiency (DOGE) for not achieving promised budget savings.
He noted a stark contrast between DOGE's claims and the minimal savings reported by the New York Times.
Proposed cuts of $2 trillion were slashed to $150 billion, with $90 billion still unspecified.
Rattner emphasized that despite layoffs and confusion, federal spending remains largely unaffected.

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Story summary

Steve Rattner criticized Elon Musk's Department of Government Efficiency (DOGE) for not achieving promised budget savings.
He noted a stark contrast between DOGE's claims and the minimal savings reported by the New York Times.
Proposed cuts of $2 trillion were slashed to $150 billion, with $90 billion still unspecified.
Rattner emphasized that despite layoffs and confusion, federal spending remains largely unaffected.