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Elon Musk called the amount of improper spending from the US budget

Elon Musk and Donald Trump. Photo: Evan Vucci / AP Photo

American entrepreneur Elon Musk revealed the truth about the amount of improper spending in the budget of his country. RIA Novosti informs about this today, February 4.

According to the businessman who came to politics and power, we are talking about $ 700 billion that the US federal budget spent,

"Fraud in the federal government is approaching 10 percent of all appropriations, that is, rather about $700 billion a year. Outright embezzlement is at least 15 percent, that is, more than a trillion dollars. Anyone who works in government knows this," Musk believes.

EADaily reminds that the same businessman, who is increasingly being called the "gray cardinal" of US President Donald Trump, predicted an effective reduction of the budget deficit by a trillion dollars by 2026, which will go to the economic growth the country needs.

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03.02.2025

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