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

Ether holds $2,800 support as market volatility persists; Check forecast

21/11/2025

Coinbase CEO Ties Digital Assets to Economic Freedom

21/11/2025

Will the Bears Push It Lower or Stall at the $3K Line?

21/11/2025
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

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ether holds $2,800 support as market volatility persists; Check forecast

    21/11/2025

    Will the Bears Push It Lower or Stall at the $3K Line?

    21/11/2025

    Ether Treasury Firm FG Nexus Unloads Nearly 11K ETH to Fund Share Buyback

    20/11/2025

    sentiment, levels and next moves

    20/11/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    The Strategy Behind the Revival of the Sandbox DAO

    20/11/2025

    RaveGods set for token launch with Web3 rave experiences and NFT-based Rewards

    19/11/2025

    How ASX Opens Access to Premium US Real Estate

    19/11/2025

    NFT sales drop 5.4% to $79m, Pudgy Penguins plunge 36%

    15/11/2025

    Ether holds $2,800 support as market volatility persists; Check forecast

    21/11/2025

    Coinbase CEO Ties Digital Assets to Economic Freedom

    21/11/2025

    Will the Bears Push It Lower or Stall at the $3K Line?

    21/11/2025

    Bitcoin Dominates Fund Flows With $2.67B Influx, But Still Trails 2024’s Peak

    21/11/2025
  • Blockchain

    Hong Kong trials real-value transactions with tokenized bank deposits

    20/11/2025

    KrypToon Partners with QIE Blockchain to Accelerate dApp Development in Web3 Gaming

    20/11/2025

    ZNS Connect Unveils Foundation to Accelerate DID and Web3 Infrastructure

    20/11/2025

    INTO and Custodiy Partner to Enhance Web3 Ecosystem

    19/11/2025

    UBS and Ant bet on blockchain to break bottleneck in global treasury flows

    19/11/2025
  • DeFi

    MAGACOIN FINANCE Leads Early-Stage Presale Surge — Analysts Compare It to Ethereum’s 2017 Growth Wave

    20/11/2025

    Pump.fun and Raydium Dominate DeFi Traffic In Fresh Rankings

    20/11/2025

    Everstake and Paribu Launch Institutional Staking

    20/11/2025

    1inch Gives Developers Early Access to New Shared Liquidity Protocol Aqua

    20/11/2025

    Is Aave’s ‘Balance Protection’ backed by Relm — an FTX insurer?

    20/11/2025
  • Metaverse

    AGI Open Network Partners with MetaMars to Drive Marverse Economy

    15/11/2025

    Koda Nexus Opens in Otherside, Bored Ape Yacht Club Creator Debuts Social Hub

    13/11/2025

    Hollywood.com Reveals Crypto-Powered Prediction Market for Movies, TV and More

    04/11/2025

    Bored Ape creator revives brand with Otherside metaverse debut

    31/10/2025

    Metaverse will revolutionize learning in the same way as Sesame Street

    10/10/2025
  • Regulation

    Coinbase CEO Ties Digital Assets to Economic Freedom

    21/11/2025

    Bitcoin Dominates Fund Flows With $2.67B Influx, But Still Trails 2024’s Peak

    21/11/2025

    India eyes CBDC, restates opposition against unbacked ‘crypto’

    20/11/2025

    Christie’s venture capital to focus on web3 and fintech

    20/11/2025

    China’s Rare Earth Restrictions May Hit Crypto Markets

    20/11/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Binance Alpha First to List GAIB on Nov. 19; Announces Airdrop & Futures

    20/11/2025

    Singapore strengthens its crypto push with new futures launch

    20/11/2025

    Bitcoin Exchange OKX TR Releases New Listing Announcement! Here’s the Latest Altcoin Listed

    20/11/2025

    Cboe Unveils First US Perpetual-Style Bitcoin and Ether Continuous Futures

    20/11/2025

    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

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Stobix Partners With Funton.ai to Boost Web3 Gaming Growth

    20/11/2025

    GaFin Partners with Undead Blocks to Boost Web3 Gaming via Integrated Rewards Network

    18/11/2025

    Altura Taps Zealy to Boost Agentic Gaming and AI-Driven Web3 Experience

    17/11/2025

    50+ Gaming Influencers Launch Gallaxia, First Player-Owned Blockchain Gaming Studio

    14/11/2025

    AI and HPC Bitcoin Miners Surge Pre Market Following Stellar NVIDIA Earnings

    20/11/2025

    Malaysia cracks down on crypto power theft as bitcoin mining drains the grid

    20/11/2025

    China, United States, and the New Geography of Global Production

    20/11/2025

    Bitcoin (BTC) Mining Costs This Country So Much! “$1.1 Billion Vanished!”

    20/11/2025

    Cross-Border Crypto Payments Face Shocking New Tax in Brazil

    20/11/2025

    U.S. Regulator OCC Clarifies How Banks Can Handle Network ‘Gas Fees’

    20/11/2025

    Canada Approves Budget That Advances Policy for Stablecoins

    20/11/2025

    ‘Hawk Tuah’ star pulled into expanding memecoin lawsuit

    20/11/2025

    Ether holds $2,800 support as market volatility persists; Check forecast

    21/11/2025

    Coinbase CEO Ties Digital Assets to Economic Freedom

    21/11/2025

    Will the Bears Push It Lower or Stall at the $3K Line?

    21/11/2025

    Bitcoin Dominates Fund Flows With $2.67B Influx, But Still Trails 2024’s Peak

    21/11/2025
  • 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

Related Posts

Coinbase CEO Ties Digital Assets to Economic Freedom

21/11/2025

Bitcoin Dominates Fund Flows With $2.67B Influx, But Still Trails 2024’s Peak

21/11/2025

India eyes CBDC, restates opposition against unbacked ‘crypto’

20/11/2025

Christie’s venture capital to focus on web3 and fintech

20/11/2025
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

Ether holds $2,800 support as market volatility persists; Check forecast

21/11/2025

Coinbase CEO Ties Digital Assets to Economic Freedom

21/11/2025

Will the Bears Push It Lower or Stall at the $3K Line?

21/11/2025
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.