[Musk Lowers Expectations For The Department Of Government Efficiency, Federal Spending Cuts Target May Drop To $1 Trillion] According To Techflow, On January 10, According To Cailian News, Musk Admitted In An Interview With Mark Penn, A Former Clinton Administration Adviser And Political Strategist, That The Proposed U.S. "Department Of Government Efficiency" (Doge) Would Be Difficult To Achieve The Previously Promised $2 Trillion Federal Spending Cut Target. This Is In Stark Contrast To His Statement At A Trump Campaign Rally Last October That "at Least $2 Trillion Will Be Cut." Musk Explained That Setting A Higher Target Is To Ensure Actual Results, "If We Try To Cut $2 Trillion, We Can Achieve $1 Trillion In Results." According To Data From The U.S. Treasury Department, Spending In Fiscal 2024 Is $6.75 Trillion, While The Government's Discretionary Budget Is Only $1.7 Trillion. Musk Said That If The Budget Deficit Can Be Reduced From $2 Trillion To $1 Trillion, And The Economic Potential Can Be Released So That The Output Of Goods And Services Keeps Up With The Growth Of Money Supply, Inflation Control Can Be Achieved. Experts Predict That Musk And Ramaswamy May Focus Their Cuts On Social Welfare Programs Such As Medicaid