Elon Musk claims his campaign to fire tens of thousands of federal workers and cancel government contracts is in the name of rooting out “fraud” and “waste.” A website claims they’ve saved billions by cutting certain federal contracts, but reports and government documents prove that these so-called savings are either misleading or incorrect. White House Correspondent Laura Barrón-López reports.
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Geoff Bennett:
Billionaire Elon Musk says his campaign to fire tens of thousands of federal workers and cancel government contracts is in the name of rooting out fraud and waste.
His DOGE group has posted what it calls a wall of receipts on its Web site that claims it has saved billions by cutting certain federal contracts. But reports and government documents prove that many of these so-called savings are either misleading or incorrect.
Our White House correspondent, Laura Barron-Lopez, has been looking into this and joins us now.
So, Laura, what kinds of savings are Musk and his team claiming, and does the math add up?
Laura Barron-Lopez:
So, Elon Musk and his team on that wall of receipts say that their total cuts equal $65 billion in savings. They base that on contract cancellations, firing workers and — quote — "fraud detection."
But as The New York Times first reported, five of DOGE's biggest contracts that they say have resulted in savings...
Less than 24 hours after Vingroup announced legal action against 68 individuals and organizations spreading false information, over 50 social media channels voluntarily took down fabricated and di...