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

Bitcoin mining difficulty dips in first 2026 adjustment

11/01/2026

Structural Floor Forms Near $2.8K

11/01/2026

Robinhood shares are up 220% this year, beating the S&P

11/01/2026
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

    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

    Structural Floor Forms Near $2.8K

    11/01/2026

    Ethereum Price Flirts With 9% Risk and 12% Hope, What Tips the Balance?

    11/01/2026

    Ethereum OG Dumps $124M in ETH as Whale Selling Resurfaces

    11/01/2026

    DeFi TVL Tops $99B, Stablecoin Volume Hits $18.8T

    11/01/2026

    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

    NFT sales nosedive 27% to $62.5M, Bitcoin sales dump 65%

    10/01/2026

    Clone-X NFTs Soar 200% as Nike Sells RTFKT

    08/01/2026

    Nike Quietly Sells RTFKT After Shutting Down Web3 Operations

    07/01/2026

    NFT Paris and RWA Paris 2026 canceled after late-2025 crypto market crash

    05/01/2026

    Bitcoin mining difficulty dips in first 2026 adjustment

    11/01/2026

    Structural Floor Forms Near $2.8K

    11/01/2026

    Robinhood shares are up 220% this year, beating the S&P

    11/01/2026

    How Bhutan Linked Bitcoin Mining, Hydropower, and Gelephu City

    11/01/2026
  • Blockchain

    JPMorgan expands blockchain goals, plans to build ‘interoperable digital money’

    11/01/2026

    Temple Digital Group launches 24/7 institutional trading built on Canton

    11/01/2026

    Global watchdog highlights tron dao recognition of T3 Financial Crime Unit and public-private crypto enforcement model

    11/01/2026

    75,000 New Ventures Signal Unstoppable Digital Transformation

    11/01/2026

    Blockchain Privacy Shapes the Future of Crypto Networks

    10/01/2026
  • DeFi

    Most Influential: Jesse Pollak

    10/01/2026

    Crypto crowd could still walk away from U.S. market structure bill if DeFi needs unmet

    10/01/2026

    MixMax & ICB Network Partner to Boost DeFi Innovation & Growth

    10/01/2026

    ANT.FUN Integrates HPX Wallet to Expand Cross-Chain Liquidity on DEX Trading Platform 

    10/01/2026

    SafePal Unveils Morpho Vaults Support and $MORPHO Rewards Program

    09/01/2026
  • 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

    Robinhood shares are up 220% this year, beating the S&P

    11/01/2026

    IREN stock crashes 55% from YTD high amid AI bubble fears

    11/01/2026

    Cathie Wood buys the dip in CoreWeave stock ‘again’: here’s why you shouldn’t

    11/01/2026

    Coinbase Ventures-Backed Stablecoin Bank Triggers Terra UST-Style Fears

    11/01/2026

    Federal Reserve Withdraws 2023 Crypto Guidance for Banks

    11/01/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Upbit adds Cronos staking support for CRO as Korean demand for onchain yields grows

    11/01/2026

    Binance CEO Steps Forth With Key Statement But Faces Community’s Criticism

    11/01/2026

    Aster Perp Volume Hits $6.6B, Surpassing Top Crypto Competitors

    11/01/2026

    Forex.com Owner StoneX Adds Crypto Offering Under MiCA Licence

    11/01/2026

    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

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    GameFi Sector Rallies Amid New Year, Market Cap Tops $6.59 Billion, With WOD Leading Market Trading Volume

    11/01/2026

    Elderglade and EtherForge Partner to Advance Web3 Gaming

    09/01/2026

    Salvo Games and Alpha X Partnership Brings AI-Powered On-chain Intelligence to Web3 Gaming

    05/01/2026

    ChainAware Joins Elderglade to Accelerate On-Chain Gaming Advancement

    03/01/2026

    Bitcoin mining difficulty dips in first 2026 adjustment

    11/01/2026

    How Bhutan Linked Bitcoin Mining, Hydropower, and Gelephu City

    11/01/2026

    Malaysia police seize 41 cryptocurrency mining machines across three raids in Teluk Intan

    11/01/2026

    Trump could use Greenland for 10,000 EH/s Bitcoin mining hub from stranded energy if it becomes a part of the US

    09/01/2026

    Trump says he’ll be impeached if Republicans lose midterms

    11/01/2026

    China Arrests Owner of 127,000 Bitcoins – But There’s a Catch

    11/01/2026

    Iran Accepting Crypto Payments for Weapons—But This May Not Help It Evade Sanctions

    11/01/2026

    Mumbai Court Issues Summons in Rs 6,600 Crore Gain Bitcoin Case

    11/01/2026

    Bitcoin mining difficulty dips in first 2026 adjustment

    11/01/2026

    Structural Floor Forms Near $2.8K

    11/01/2026

    Robinhood shares are up 220% this year, beating the S&P

    11/01/2026

    How Bhutan Linked Bitcoin Mining, Hydropower, and Gelephu City

    11/01/2026
  • 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

Related Posts

Robinhood shares are up 220% this year, beating the S&P

11/01/2026

IREN stock crashes 55% from YTD high amid AI bubble fears

11/01/2026

Cathie Wood buys the dip in CoreWeave stock ‘again’: here’s why you shouldn’t

11/01/2026

Coinbase Ventures-Backed Stablecoin Bank Triggers Terra UST-Style Fears

11/01/2026
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

Bitcoin mining difficulty dips in first 2026 adjustment

11/01/2026

Structural Floor Forms Near $2.8K

11/01/2026

Robinhood shares are up 220% this year, beating the S&P

11/01/2026
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.