{"id":34312,"date":"2025-02-25T15:37:34","date_gmt":"2025-02-25T15:37:34","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2025\/02\/25\/impact-of-musk-project-on-cost-cutting-is-much-less-than-he-claims-report\/"},"modified":"2025-02-25T15:37:34","modified_gmt":"2025-02-25T15:37:34","slug":"impact-of-musk-project-on-cost-cutting-is-much-less-than-he-claims-report","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2025\/02\/25\/impact-of-musk-project-on-cost-cutting-is-much-less-than-he-claims-report\/","title":{"rendered":"Impact of Musk project on cost-cutting is much less than he claims \u2013 report"},"content":{"rendered":"<p>Associated Press analyzed canceled government contracts and found that 40% will produce no savings<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theguardian.com\/us-news\/live\/2025\/feb\/25\/donald-trump-elon-musk-email-latest-us-politics-news-live\">US politics \u2013 live updates<\/a><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.theguardian.com\/technology\/elon-musk\">Elon Musk<\/a>\u2019s cost-cutting bonanza appears to be having less impact than the world\u2019s richest man is claiming, with a review finding that almost 40% of the federal contracts scrapped so far will save the American taxpayer not a penny.<\/p>\n<p>The Associated Press put under the microscope a list of 1,125 federal government contracts that Musk\u2019s \u201cdepartment of government efficiency\u201d (Doge) boasted it had torn up in the first month of the new <a href=\"https:\/\/www.theguardian.com\/us-news\/trump-administration\">Trump administration<\/a>. The <a href=\"https:\/\/apnews.com\/article\/doge-federal-contracts-canceled-musk-trump-cuts-a65976a725412934ad686389889db0df\">news agency<\/a> found that of those, 417 were likely to produce no savings to the federal budget.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/feb\/25\/doge-cost-cutting-musk\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Associated Press analyzed canceled government contracts and found that 40% will produce no savings US politics \u2013 live updates Elon Musk\u2019s cost-cutting bonanza appears to be having less impact than the world\u2019s richest man is claiming, with a review finding that almost 40% of the federal contracts scrapped so far will save the American taxpayer &#8230; <a title=\"Impact of Musk project on cost-cutting is much less than he claims \u2013 report\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2025\/02\/25\/impact-of-musk-project-on-cost-cutting-is-much-less-than-he-claims-report\/\" aria-label=\"Read more about Impact of Musk project on cost-cutting is much less than he claims \u2013 report\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-34312","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/34312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=34312"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/34312\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=34312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=34312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=34312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}