DOGE, led by Elon Musk, has faced scrutiny after its claim of saving $55 billion for American taxpayers was questioned. An anonymous crypto sleuth, Momentum Chaser, pointed out errors in DOGE’s reported savings, including an $8 million DHS contract mistakenly listed as $8 billion. Despite corrections, DOGE maintains its savings figure.
The reported savings are part of Musk’s broader plan to cut $2 trillion from federal spending. Trump has proposed using part of the savings as a "DOGE dividend" for taxpayers, potentially offering $5,000 per household. However, some argue that the cuts may be harming essential services.