Elon Musk's 'Chainsaw for Bureaucracy' Just Left an $11 Billion Budget Hole as Trump Rehires Staff
- Posted on July 5, 2026
- By International Business Times
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- 1 min read
Elon Musk's 'Chainsaw for Bureaucracy' Just Left an $11 Billion Budget Hole as Trump Rehires Staff
Elon Musk's dramatic cost‑cutting experiment in Donald Trump's second term has ended with the shutdown of the Department of Government Efficiency and an $11 billion hole in the US budget.
