Elon Musk's DOGE (Department of Government Efficiency) has implemented strategies to cut the federal budget, including layoffs and agency shutdowns. They have saved $65 billion so far according to their tracker, but predictions from Polymarket suggest their goals may be too ambitious. Musk aimed for budget cuts of up to $2 trillion, but bettors are skeptical. Polymarket data shows that a 5% cut is unlikely, with 74% of bettors predicting against it. Musk claims Trump is supportive of the DOGE dividend idea, and if successful, $5000 could be distributed per taxpayer. However, Polymarket remains largely negative about this plan. The idea of auditing the Federal Reserve also received skepticism from Polymarket voters. Polymarket had to cancel bets on whether DOGE would cut $3 billion of DEI (Diversity, Equity, and Inclusion) contracts due to unreliable data from their own DOGE tracker. Additionally, a user on X pointed out mistakes made by DOGE in logging the FPDS database, causing DOGE to claim higher savings than they actually achieved.



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