Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Pudgy Penguins and OpenSea unite for Collector Park NYC festival Sept. 3

30/08/2026

Anthropic CEO Doubles Down on AI Curing Most Diseases Within a Decade

30/08/2026

“Don’t Bet Against Me, We’re Gonna Win This Fight”

30/08/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Bitcoin Traders Lose $100M as BTC Drops $3K in 12 Hours

    29/08/2026

    Bitcoin price risks $59K drop as Iran war lifts oil

    29/08/2026

    The free ride for VanEck’s Bitcoin ETF is officially over after falling $1.4 billion short of growth target

    29/08/2026

    Jack Mallers Reiterates Commitment to Bitcoin via Recent Tweet

    29/08/2026

    Ethereum Moves Account Abstraction Forward in Hegotá Upgrade

    28/08/2026

    ETH, XRP, MemeToro And HYPE Lead July Momentum As Smaller Tokens Struggle For Liquidity

    28/08/2026

    Bitcoin’s Next Rally Could Send Ethereum Toward $20K: Analyst

    27/08/2026

    Ethereum Developer Proposes ERC-8391 to Standardize Market State Data for Tokenized Stocks

    27/08/2026

    “Don’t Bet Against Me, We’re Gonna Win This Fight”

    30/08/2026

    Trump Team Nets $3.39 Million Selling TRUMP Tokens in 10 Hours

    29/08/2026

    New Solana vote could ramp daily SOL burns to $800,000 and slow new token creation

    29/08/2026

    Solana Network Revenue Tops $1 Million, Hits Six-Month High

    29/08/2026

    Pudgy Penguins and OpenSea unite for Collector Park NYC festival Sept. 3

    30/08/2026

    NFT sales fall 44.7% to $63.3M as Ethereum leads

    29/08/2026

    32 NFT predictions that aged like milk

    25/08/2026

    A 2026 Filing Guide for Creators

    24/08/2026

    Pudgy Penguins and OpenSea unite for Collector Park NYC festival Sept. 3

    30/08/2026

    Anthropic CEO Doubles Down on AI Curing Most Diseases Within a Decade

    30/08/2026

    “Don’t Bet Against Me, We’re Gonna Win This Fight”

    30/08/2026

    Nepal’s Flash Flood Disaster Could Put Blockchain Aid to the Test

    29/08/2026
  • Blockchain

    Nepal’s Flash Flood Disaster Could Put Blockchain Aid to the Test

    29/08/2026

    Circle Adds Native USDC, EURC and CCTP Support to Plasma

    29/08/2026

    Aptos Integrates Circle’s CCTP V2 for Seamless USDC Transfers

    29/08/2026

    Ripple Hires LME Treasury Executive

    29/08/2026

    What It Means for Crypto Users

    29/08/2026
  • DeFi

    Promise of DeFi gave way to ‘walled gardens,’ but was it bound to happen?

    29/08/2026

    Sanctum’s $1.66B TVL Makes It Solana’s Top Protocol, Passing Jupiter

    29/08/2026

    Top Yields and Key Metrics for Late August 2026

    28/08/2026

    Stellar’s $3B RWA market faces a $2M DeFi gap

    28/08/2026

    Aave V4 Deposits Reach $806 Million After 30% Weekly Gain

    28/08/2026
  • Metaverse

    Is Solana Gaming Back? Kintara Activity Fuels Renewed Optimism in Onchain MMOs

    24/06/2026

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026
  • Regulation

    Anthropic CEO Doubles Down on AI Curing Most Diseases Within a Decade

    30/08/2026

    Can Anthropic’s $65B AI funding push its valuation to $2 trillion?

    29/08/2026

    risk oversight scattered as IPO nears

    29/08/2026

    ECB warns euro area defence spending could raise long-term borrowing costs

    29/08/2026

    5 things to know before Wall Street opens

    29/08/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Monetae Brings 70 Tokenised US Stocks to El Salvador Using Alpaca Infrastructure

    29/08/2026

    272M USDC Moved from Coinbase Institutional to Coinbase: What It Means

    29/08/2026

    Trump Media Drops ‘Truth Predict’ Buildout, Chooses Crypto.com Instead

    29/08/2026

    Stablecoin reserves fall to $64B – Binance captures 68.5% of exchange liquidity

    29/08/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Top 12 NFT games every player should know about in August 2026

    19/08/2026

    GameShame Studios founder details Raijin Protocol’s roadmap in NeoPod’s sixth AMA

    13/08/2026

    How BC.GAME is turning players into stakeholders

    04/08/2026

    YGG Play Shuts Down Services as Yield Guild Pivots to AI Data

    01/08/2026

    Bitcoin miners are no longer pure crypto proxies and are morphing into high-performance computing hubs

    29/08/2026

    A Major Change Is Coming

    29/08/2026

    US Bitcoin Mining Grip Slips From Q1 to Q3 as Rival Nations Gain

    29/08/2026

    IREN shares fall 8% as costly AI transition weighs on earnings

    28/08/2026

    Ethics Probe Resumes After Pro-Crypto Farage Wins By-Election

    29/08/2026

    The CLARITY Act won’t move markets. It will move people.

    29/08/2026

    Trump’s WLFI Faces Scrutiny Over Pentagon-Flagged AI Ties

    29/08/2026

    Why Was the SEC’s Big Crypto Meeting Canceled? Big Names Emerge From Behind the Scenes! Here Are the Details

    29/08/2026

    Pudgy Penguins and OpenSea unite for Collector Park NYC festival Sept. 3

    30/08/2026

    Anthropic CEO Doubles Down on AI Curing Most Diseases Within a Decade

    30/08/2026

    “Don’t Bet Against Me, We’re Gonna Win This Fight”

    30/08/2026

    Nepal’s Flash Flood Disaster Could Put Blockchain Aid to the Test

    29/08/2026
  • MarketCap
NBTC News
Home»Regulation»D.O.G.E. Saves U.S. Taxpayers $84B in First Weeks of Trump’s Presidency, But Critics Slam Cost-Cutting Moves
Regulation

D.O.G.E. Saves U.S. Taxpayers $84B in First Weeks of Trump’s Presidency, But Critics Slam Cost-Cutting Moves

NBTCBy NBTC15/02/2025No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


In the first few weeks of President Donald Trump’s administration, the new Department of Government Efficiency (D.O.G.E.) has reportedly saved U.S. taxpayers an estimated $84 billion. That breaks down to about $4 billion each day, a number some media outlets have minimized. Yet, D.O.G.E. has drawn scrutiny over its spending practices and internal operations.

.@DOGE has saved U.S. taxpayers $84 BILLION and counting in just the first few weeks of Trump’s Presidency

That’s $4 BILLION per day, yet the media will tell you it’s insignificant pic.twitter.com/8DsnqE0p9t

— Chief Nerd (@TheChiefNerd) February 12, 2025

Elon Musk’s task force aimed at cutting federal spending has seen its budget grow since its inception. Financial filings reveal that the department’s allocation jumped from $6.75 million on January 30 to $14.4 million by February 8, indicating a boost in operational funding.

Related: FEMA Misused $59 Million—Elon Musk’s D.O.G.E. Demands Clawback

Although the aggressive cost-cutting measures aimed at reducing waste, D.O.G.E. has attracted criticism for its approach. Task force statements claim the savings resulted from halting unnecessary hiring, scaling back diversity, equity, and inclusion (DEI) programs, and ending improper payments to foreign organizations.

Critics Demand Spending Transparency

While D.O.G.E. has outlined several successful initiatives, it has also faced pushback from individuals such as entrepreneur Mark Cuban. Cuban first lauded the efforts, claiming that the task force exposed wasteful government spending.

However, his opinion shifted when reports surfaced that D.O.G.E. had spent nearly $7 million in taxpayer funds in one week. Cuban went public, urging the task force to “hide nothing” if its actions were proper.

Additionally, reports indicate that some of Musk’s team members, including unpaid engineers, collaborate with Trump allies within the task force. This mix of political ties raises further questions about the task force’s neutrality and effectiveness.

Claims of Misuse and Inefficiency

Musk has often lashed out at federal agencies for inefficiency, arguing that talented employees face obstacles from administrative management. He noted that many workers in agencies such as the Treasury Department find themselves blocked from implementing cost-saving reforms by bureaucratic resistance.

Related: Trump’s D.O.G.E. Initiative Cuts DEI Spending, Saves Over $1 Billion

In addition, D.O.G.E. has questioned the use of taxpayer funds in certain cases, including a report that FEMA allocated $59 million to luxury hotels in New York City to house migrants. Musk denounced this expense as “gross insubordination,” although FEMA has not responded.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

Anthropic CEO Doubles Down on AI Curing Most Diseases Within a Decade

30/08/2026

Can Anthropic’s $65B AI funding push its valuation to $2 trillion?

29/08/2026

risk oversight scattered as IPO nears

29/08/2026

ECB warns euro area defence spending could raise long-term borrowing costs

29/08/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Pudgy Penguins and OpenSea unite for Collector Park NYC festival Sept. 3

30/08/2026

Anthropic CEO Doubles Down on AI Curing Most Diseases Within a Decade

30/08/2026

“Don’t Bet Against Me, We’re Gonna Win This Fight”

30/08/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.