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

“Stay Away If Ethereum Rises to This Level! It Could Be a Big Bull Trap!”

30/12/2025

Banco Inter, Chainlink Power Real-Time CBDC Trade Settlement Between Brazil and Hong Kong

30/12/2025

40% of Ethereum Supply Slips Into Loss as Whales Take Opposing Positions

30/12/2025
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

    “Stay Away If Ethereum Rises to This Level! It Could Be a Big Bull Trap!”

    30/12/2025

    40% of Ethereum Supply Slips Into Loss as Whales Take Opposing Positions

    30/12/2025

    Bearish Structure Persists As Spot Outflows Cap Recovery Attempts

    30/12/2025

    Can ETH Hold Its Long-Term Structure?

    30/12/2025

    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

    DMarket locked in at top spot as NFT sales endure minor drop

    27/12/2025

    NFT sales show minor drop to $65.5M, Ethereum sales plunge 24%

    27/12/2025

    How NFT Marketplaces Adapted to Survive in 2025

    27/12/2025

    Pudgy Penguins brings NFT characters to the Las Vegas Sphere during Christmas

    26/12/2025

    “Stay Away If Ethereum Rises to This Level! It Could Be a Big Bull Trap!”

    30/12/2025

    Banco Inter, Chainlink Power Real-Time CBDC Trade Settlement Between Brazil and Hong Kong

    30/12/2025

    40% of Ethereum Supply Slips Into Loss as Whales Take Opposing Positions

    30/12/2025

    Stablecoin Developer Standard Money Raises $8M to Support Mainnet Rollout

    30/12/2025
  • Blockchain

    OneKey Taps LI.FI to Launch ‘Year-End Trading Carnival’ for Seamless Cross-Chain Trading

    30/12/2025

    Top 6 BNB Chain DApps on BNB Chain With Highest User Activity in the Past 7 Days 

    30/12/2025

    ATT Global Partners with MindKit DAO to Redefine AI-Driven Web3 Advertising

    30/12/2025

    Orexn Connects Crypto Launchpad with zkSync Through KaratDAO Partnership

    30/12/2025

    MetYa Joins Astroon to Develop Web3-Based Character-Led Entertainment Universe

    30/12/2025
  • DeFi

    Aave Leads dApps in TVL in 2025 Despite Structural Shift

    30/12/2025

    Real-world assets top DEXs to become 5th-largest category in DeFi by TVL

    30/12/2025

    OKX Wallet and Arbitrum Collaborate to Introduce Boost Ecosystem Hub to Web3 Users

    30/12/2025

    RWA TVL Grows 210.72% in 2025 as U.S. Treasuries, Commodities, and Private Credits Gain Top Tractions

    29/12/2025

    JustLend DAO Modifies $USDD’s Supply Mining Reward APY to 8%

    28/12/2025
  • Metaverse

    Yuga Labs Acquires Otherside Creator Platform From Improbable

    27/12/2025

    Meta CEO Mark Zuckerberg Made a Decision That Will Deeply Affect Metaverse Projects! Here Are the Details

    05/12/2025

    Meta Plans 30% Cut to Metaverse Budget as Reality Becomes Less Virtual: Bloomberg

    04/12/2025

    Cambridge Institute Joins InfblueNFT to Transform Digital Communication

    21/11/2025

    AGI Open Network Partners with MetaMars to Drive Marverse Economy

    15/11/2025
  • Regulation

    Banco Inter, Chainlink Power Real-Time CBDC Trade Settlement Between Brazil and Hong Kong

    30/12/2025

    Stablecoin Developer Standard Money Raises $8M to Support Mainnet Rollout

    30/12/2025

    Tharimmune Stock Gains 30%, on $540M Capital Raise to Build Canton Coin Treasury Strategy

    30/12/2025

    All We Know About the Ethereum Ecosystem Company’s Public Listing Plans

    30/12/2025

    Donut Labs Raises $15M Seed Funding to Build AI-Powered Crypto Trading Browser

    30/12/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Indonesia Sets Clear Lines for Crypto Trading With Licensed Platform List

    30/12/2025

    Edel Finance, Ondo, Coinbase, xStocks

    29/12/2025

    Exploring USDC Payment Gateways and Web3 Solutions for Seamless Transactions

    29/12/2025

    Bitcoin Exchange Binance Delists 5 Altcoin Trading Pairs, Including One TRY Pair! Here Are the Details

    29/12/2025

    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

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Delphi Digital remains hopeful for Web2.5 as GameFi stalls

    30/12/2025

    Crypto Gaming Collapses as Funding Dries Up

    24/12/2025

    GG’s 2025 Game of the Year: Pudgy Party

    22/12/2025

    The Biggest Shutdowns in 2025

    21/12/2025

    Bitcoin miner Cango plans $10.5M capital raise from major shareholder

    30/12/2025

    Bitcoin mining difficulty reaches 148.2 trillion in final 2025 adjustment

    30/12/2025

    Russia’s largest lender Sberbank explores crypto-backed loan with Bitcoin miner

    29/12/2025

    Bitcoin’s mining difficulty has risen to 148.2 trillion

    29/12/2025

    New Regulations Set to Launch a New Era for Cryptocurrencies in Japan

    30/12/2025

    Vitalik Buterin Slams EU’s ‘No-Space’ Digital Rules

    30/12/2025

    WazirX founder confirms that the Indian crypto exchange’s dispute with Binance has escalated to formal litigation

    30/12/2025

    FBI targets North Korean crypto launderer in international probe

    30/12/2025

    “Stay Away If Ethereum Rises to This Level! It Could Be a Big Bull Trap!”

    30/12/2025

    Banco Inter, Chainlink Power Real-Time CBDC Trade Settlement Between Brazil and Hong Kong

    30/12/2025

    40% of Ethereum Supply Slips Into Loss as Whales Take Opposing Positions

    30/12/2025

    Stablecoin Developer Standard Money Raises $8M to Support Mainnet Rollout

    30/12/2025
  • 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

Banco Inter, Chainlink Power Real-Time CBDC Trade Settlement Between Brazil and Hong Kong

30/12/2025

Stablecoin Developer Standard Money Raises $8M to Support Mainnet Rollout

30/12/2025

Tharimmune Stock Gains 30%, on $540M Capital Raise to Build Canton Coin Treasury Strategy

30/12/2025

All We Know About the Ethereum Ecosystem Company’s Public Listing Plans

30/12/2025
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

“Stay Away If Ethereum Rises to This Level! It Could Be a Big Bull Trap!”

30/12/2025

Banco Inter, Chainlink Power Real-Time CBDC Trade Settlement Between Brazil and Hong Kong

30/12/2025

40% of Ethereum Supply Slips Into Loss as Whales Take Opposing Positions

30/12/2025
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.