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Musk’s cuts fail to stop record US spending

London|Washington | Elon Musk’s hyperactive efficiency drive failed to prevent US federal spending rising to a record $US603 billion ($953 billion) last month, new Treasury data has revealed, highlighting the Trump administration’s difficulty in drastically cutting the size of government.

Musk’s so-called Department of Government Efficiency claims to have already made more than $US100 billion of savings, but only a handful of departments registered any drops in spending in the first full month of the new administration.

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    Original URL: https://www.afr.com/world/north-america/musk-s-cuts-fail-to-stop-us-record-spending-20250313-p5lj97