Elon Musk claims he can cut $2 trillion from the government budget. Simon Johnson thinks Musk needs to check his math.

The masterminds behind the proposed government efficiency agency have provided more detail about how it would function. Their explanations only makes their enterprise seem less plausible.

Billionaires Elon Musk and Vivek Ramaswamy, co-heads of the upcoming Trump administration’s Department of Government Efficiency commission, also known as “DOGE”, have vowed to slash federal spending by “at least $2 trillion,” Musk suggested last ...