Elon Musk believes he can cut US$2 trillion from federal budget

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo

NEW YORK: Elon Musk said he thinks he can cut at least US$2 trillion from the federal budget, laying out his vision for substantial government spending cuts if Donald Trump wins the presidency.

“Your money is being wasted,” Musk said on Sunday at a rally for Trump in New York’s Madison Square Garden.